Bulgaria - Lysine And Its Esters, And Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLysine Price in Bulgaria - 2023
Contents:
- Lysine Price in Bulgaria (CIF) - 2023
- Lysine Price in Bulgaria (FOB) - 2023
- Lysine Imports in Bulgaria
- Lysine Exports in Bulgaria
Lysine Price in Bulgaria (CIF) - 2023
In August 2023, the average lysine import price amounted to $1,460 per ton, falling by -11% against the previous month. In general, the import price recorded a perceptible reduction. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 11% m-o-m. Over the period under review, average import prices attained the maximum at $2,323 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($2,965 per ton), while the price for China ($1,242 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Lysine Price in Bulgaria (FOB) - 2023
The average lysine export price stood at $1,839 per ton in July 2023, rising by 10% against the previous month. Over the period under review, the export price, however, saw a pronounced setback. Over the period under review, the average export prices hit record highs at $2,462 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Romania.
From July 2022 to July 2023, the rate of growth in terms of prices for Poland amounted to +2.2% per month.
Lysine Imports in Bulgaria
Lysine imports into Bulgaria rose rapidly to 3.9K tons in 2022, with an increase of 11% against the previous year's figure. The total import volume increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 14%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, lysine imports soared to $9M in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 64%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Lysine in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,237 | 1,390 | 3,466 | 3,145 | 36.5% |
| China | 731 | 1,242 | 1,095 | 2,712 | 54.8% |
| South Korea | 424 | 299 | 378 | 1,119 | 38.2% |
| Poland | 26.6 | 82.1 | 181 | 1,067 | 242.3% |
| Netherlands | 71.3 | 79.2 | 25.9 | 320 | 65.0% |
| Brazil | N/A | N/A | N/A | 260 | 0% |
| Belgium | 171 | 176 | 428 | 125 | -9.9% |
| Others | 307 | 183 | 85.0 | 207 | -12.3% |
| Total | 2,967 | 3,451 | 5,659 | 8,955 | 44.5% |
Top Suppliers of Lysine to Bulgaria in 2022:
- China (1317.7 tons)
- Indonesia (1300.0 tons)
- South Korea (497.0 tons)
- Poland (456.4 tons)
- Netherlands (138.0 tons)
- Brazil (123.8 tons)
- Belgium (47.5 tons)
Lysine Exports in Bulgaria
Lysine exports from Bulgaria soared to 1K tons in 2022, with an increase of 43% compared with the previous year. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, lysine exports surged to $2.5M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lysine in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 436 | 655 | 956 | 1,225 | 41.1% |
| Romania | 233 | 318 | 342 | 938 | 59.1% |
| Hungary | N/A | N/A | N/A | 157 | 0% |
| Poland | N/A | N/A | 119 | 149 | 25.2% |
| Others | 1.8 | N/A | N/A | 45.3 | 193.1% |
| Total | 671 | 973 | 1,417 | 2,514 | 55.3% |
Top Export Markets for Lysine from Bulgaria in 2022:
- Greece (480.0 tons)
- Romania (359.0 tons)
- Hungary (88.0 tons)
- Poland (58.4 tons)
This report provides an in-depth analysis of the lysine 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 21102010 - Lysine and its esters, and salts thereof
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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