Bulgaria - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Oleic Acid Price in Bulgaria - 2023
Contents:
- Industrial Oleic Acid Price in Bulgaria (FOB) - 2022
- Industrial Oleic Acid Price in Bulgaria (CIF) - 2022
- Industrial Oleic Acid Exports in Bulgaria
- Industrial Oleic Acid Imports in Bulgaria
Industrial Oleic Acid Price in Bulgaria (FOB) - 2022
In 2022, the average industrial oleic acid export price amounted to $693 per ton, reducing by -7.5% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial oleic acid export price increased by +76.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 91% against the previous year. Over the period under review, the average export prices reached the maximum at $940 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($820 per ton), while the average price for exports to Turkey ($385 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+42.5%), while the prices for the other major destinations experienced a decline.
Industrial Oleic Acid Price in Bulgaria (CIF) - 2022
The average industrial oleic acid import price stood at $1,837 per ton in 2022, declining by -35% against the previous year. Over the period under review, the import price, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 an increase of 122%. As a result, import price reached the peak level of $2,826 per ton, and then shrank notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,088 per ton), while the price for Malaysia ($447 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Oleic Acid Exports in Bulgaria
In 2022, after three years of growth, there was significant decline in overseas shipments of industrial oleic acid, when their volume decreased by -40.7% to 143 tons. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 435%. As a result, the exports reached the peak of 240 tons, and then shrank remarkably in the following year.
In value terms, industrial oleic acid exports shrank sharply to $99K in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 923% against the previous year. As a result, the exports reached the peak of $180K, and then dropped markedly in the following year.
| Export of Industrial Oleic Acid in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | N/A | 77.1 | 0% |
| Romania | 1.2 | N/A | 180 | 19.9 | 155.0% |
| Turkey | 4.4 | N/A | N/A | 1.8 | -25.8% |
| Israel | 3.0 | 17.6 | N/A | N/A | 486.7% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 8.8 | 17.6 | 180 | 98.8 | 123.9% |
Top Export Markets for Industrial Oleic Acid from Bulgaria in 2022:
- Greece (94.0 tons)
- Romania (44.0 tons)
- Turkey (4.6 tons)
Industrial Oleic Acid Imports in Bulgaria
In 2022, the amount of industrial oleic acid imported into Bulgaria skyrocketed to 32 tons, with an increase of 116% against the previous year. Over the period under review, imports, however, saw a abrupt setback.
In value terms, industrial oleic acid imports skyrocketed to $58K in 2022. Overall, imports, however, faced a deep contraction.
| Import of Industrial Oleic Acid in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.3 | 11.4 | 17.6 | 14.1 | 7.7% |
| Germany | 7.3 | 15.5 | 16.4 | 12.1 | 18.3% |
| Czech Republic | 9.1 | N/A | N/A | 11.0 | 6.5% |
| Turkey | 5.3 | 16.8 | N/A | 6.2 | 5.4% |
| Belgium | 4.9 | 5.3 | 7.5 | 5.5 | 3.9% |
| Romania | 14.4 | N/A | N/A | 5.4 | -27.9% |
| United Kingdom | 5.7 | N/A | N/A | 3.2 | -17.5% |
| Malaysia | 1.4 | N/A | N/A | 0.7 | -20.6% |
| Italy | 22.3 | 1.3 | N/A | 0.1 | -83.5% |
| Spain | 0.1 | 24.9 | N/A | N/A | 24800.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 81.8 | 75.2 | 41.5 | 58.3 | -10.7% |
Top Suppliers of Industrial Oleic Acid to Bulgaria in 2022:
- Italy (undefined tons)
- Czech Republic (8.8 tons)
- Turkey (8.5 tons)
- Germany (4.6 tons)
- United States (2.3 tons)
- United Kingdom (2.3 tons)
- Belgium (2.2 tons)
- Malaysia (1.5 tons)
- Romania (1.4 tons)
- Spain (0.1 tons)
This report provides an in-depth analysis of the industrial oleic acid 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:
- Prodcom 20143130 - Industrial oleic acid
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
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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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