Bulgaria - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Bulgaria - 2023
Contents:
- Ammonium Nitrate Price in Bulgaria (FOB) - 2023
- Ammonium Nitrate Price in Bulgaria (CIF) - 2023
- Ammonium Nitrate Exports in Bulgaria
- Ammonium Nitrate Imports in Bulgaria
Ammonium Nitrate Price in Bulgaria (FOB) - 2023
The average ammonium nitrate export price stood at $332 per ton in July 2023, dropping by -4.2% against the previous month. Overall, the export price recorded a deep setback. The growth pace was the most rapid in August 2022 an increase of 12% against the previous month. Over the period under review, the average export prices hit record highs at $813 per ton in September 2022; however, from October 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the countries with the highest prices were Serbia ($369 per ton) and North Macedonia ($355 per ton), while the average price for exports to Ukraine ($318 per ton) and Romania ($324 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.
Ammonium Nitrate Price in Bulgaria (CIF) - 2023
The average ammonium nitrate import price stood at $382 per ton in July 2023, declining by -23.7% against the previous month. Overall, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 40% month-to-month. As a result, import price reached the peak level of $698 per ton. From January 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($638 per ton), while the price for Georgia ($364 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Russia (-1.7%), while the prices for the other major suppliers experienced a decline.
Ammonium Nitrate Exports in Bulgaria
In 2022, approx. 779K tons of ammonium nitrate were exported from Bulgaria; increasing by 114% on the year before. In general, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ammonium nitrate exports skyrocketed to $337M in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ammonium Nitrate in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 49.6 | 45.9 | 82.1 | 177 | 52.8% |
| India | 19.2 | 3.6 | 16.9 | 57.0 | 43.7% |
| Lithuania | N/A | N/A | N/A | 28.6 | 0% |
| Ukraine | 33.1 | 13.1 | 26.0 | 19.1 | -16.7% |
| Serbia | 5.3 | 9.1 | 3.3 | 8.6 | 17.5% |
| North Macedonia | 4.2 | 5.7 | 5.9 | 7.8 | 22.9% |
| Hungary | 1.5 | 1.1 | 0.7 | 5.7 | 56.0% |
| Others | 4.7 | 6.9 | 7.3 | 33.0 | 91.5% |
| Total | 118 | 85.4 | 142 | 337 | 41.9% |
Top Export Markets for Ammonium Nitrate from Bulgaria in 2022:
- Romania (458.3K tons)
- India (169.0K tons)
- Lithuania (28.6K tons)
- Ukraine (20.7K tons)
- Serbia (20.1K tons)
- North Macedonia (20.1K tons)
- Hungary (15.8K tons)
Ammonium Nitrate Imports in Bulgaria
Ammonium nitrate imports into Bulgaria soared to 131K tons in 2022, growing by 112% on 2021. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ammonium nitrate imports skyrocketed to $81M in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ammonium Nitrate in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | 1.7 | 10.9 | 35.5 | 357.0% |
| Russia | N/A | N/A | N/A | 21.9 | 0% |
| Egypt | N/A | 0.1 | 2.3 | 12.8 | 1031.4% |
| Georgia | 7.4 | 4.2 | 6.8 | 5.5 | -9.4% |
| Germany | 1.2 | 1.3 | 1.4 | 2.0 | 18.6% |
| Serbia | N/A | N/A | N/A | 1.6 | 0% |
| Turkey | 1.1 | 0.7 | 0.2 | 1.4 | 8.4% |
| Croatia | 2.6 | 0.9 | N/A | N/A | -65.4% |
| France | 1.8 | 1.6 | N/A | N/A | -11.1% |
| Malta | 2.0 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.5 | 2.9 | 0.6 | 44.2% |
| Total | 16.2 | 11.0 | 24.5 | 81.3 | 71.2% |
Top Suppliers of Ammonium Nitrate to Bulgaria in 2022:
- Greece (51.4K tons)
- Russia (49.3K tons)
- Egypt (15.3K tons)
- Georgia (7.5K tons)
- Serbia (2.4K tons)
- Germany (2.3K tons)
- Turkey (1.8K tons)
This report provides an in-depth analysis of the ammonium nitrate market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4003 - Ammonium nitrate (AN)
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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