Bulgaria - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in Bulgaria - 2023
Contents:
- Polystyrene Price in Bulgaria (CIF) - 2023
- Polystyrene Price in Bulgaria (FOB) - 2023
- Polystyrene Imports in Bulgaria
- Polystyrene Exports in Bulgaria
Polystyrene Price in Bulgaria (CIF) - 2023
In July 2023, the average polystyrene import price amounted to $1,496 per ton, which is down by -10.2% against the previous month. In general, the import price showed a pronounced downturn. The pace of growth was the most pronounced in December 2022 when the average import price increased by 1.2% m-o-m. The import price peaked at $2,190 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Romania ($1,815 per ton) and Germany ($1,775 per ton), while the price for Turkey ($1,385 per ton) and Iran ($1,393 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-0.6%), while the prices for the other major suppliers experienced a decline.
Polystyrene Price in Bulgaria (FOB) - 2023
The average polystyrene export price stood at $1,829 per ton in July 2023, jumping by 16% against the previous month. Overall, the export price, however, saw a noticeable setback. The growth pace was the most rapid in October 2022 when the average export price increased by 28% month-to-month. The export price peaked at $2,633 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Romania ($2,126 per ton), while the average price for exports to Malaysia ($340 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (0.0%), while the prices for the other major destinations experienced a decline.
Polystyrene Imports in Bulgaria
In 2022, approx. 33K tons of polystyrene were imported into Bulgaria; waning by -6.8% compared with the year before. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 35K tons, and then reduced in the following year.
In value terms, polystyrene imports expanded markedly to $71M in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 96% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Polystyrene in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 12.2 | 7.4 | 26.4 | 28.9 | 33.3% |
Turkey | 2.2 | 2.1 | 5.4 | 8.0 | 53.8% |
Greece | 4.5 | 3.5 | 4.7 | 6.2 | 11.3% |
Belgium | 3.9 | 4.6 | 6.8 | 5.6 | 12.8% |
Germany | 3.2 | 2.2 | 4.8 | 5.1 | 16.8% |
Romania | 0.5 | 0.5 | 0.7 | 4.9 | 114.0% |
France | 2.1 | 2.9 | 2.3 | 3.1 | 13.9% |
Poland | 2.9 | 1.3 | 4.1 | 2.0 | -11.6% |
Netherlands | 2.5 | 2.6 | 1.6 | 0.6 | -37.9% |
Others | 5.7 | 5.5 | 7.0 | 6.7 | 5.5% |
Total | 39.8 | 32.6 | 63.8 | 71.1 | 21.3% |
Top Suppliers of Polystyrene to Bulgaria in 2022:
- Iran (14.4K tons)
- Turkey (3.2K tons)
- Belgium (2.7K tons)
- Greece (2.6K tons)
- Germany (2.3K tons)
- Romania (2.0K tons)
- France (1.5K tons)
- Poland (0.9K tons)
- Netherlands (0.3K tons)
Polystyrene Exports in Bulgaria
In 2022, approx. 4K tons of polystyrene were exported from Bulgaria; surging by 22% against the previous year's figure. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 45%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, polystyrene exports soared to $9.1M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 92%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
Export of Polystyrene in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 0.8 | 1.1 | 2.1 | 7.2 | 108.0% |
Greece | 1.0 | 1.5 | 2.3 | 1.6 | 17.0% |
Turkey | N/A | N/A | N/A | N/A | 0% |
Others | 0.4 | 0.2 | 1.0 | 0.3 | -9.1% |
Total | 2.2 | 2.8 | 5.4 | 9.1 | 60.5% |
Top Export Markets for Polystyrene from Bulgaria in 2022:
- Romania (2900.5 tons)
- Greece (863.1 tons)
- Turkey (75.3 tons)
This report provides an in-depth analysis of the polystyrene 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 20162035 - Expansible polystyrene, in primary forms
- Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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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In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
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Discover the top import markets for ABS copolymers and their key statistics. China, Germany, and the United States lead the pack. Explore the growth potential and opportunities in this global market.
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