Bulgaria - Medicaments Of Other Antibiotics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Bulgaria - Medicaments Of Other Antibiotics - Market Analysis, Forecast, Size, Trends And Insights

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Price for Medicaments of Other Antibiotics in Bulgaria - 2023

Contents:

  1. Price for Medicaments of Other Antibiotics in Bulgaria (FOB) - 2023
  2. Price for Medicaments of Other Antibiotics in Bulgaria (CIF) - 2023
  3. Exports of Medicaments of Other Antibiotics in Bulgaria
  4. Imports of Medicaments of Other Antibiotics in Bulgaria

Price for Medicaments of Other Antibiotics in Bulgaria (FOB) - 2023

In October 2023, the average medicaments of other antibiotics export price amounted to $52,640 per ton, growing by 31% against the previous month. Overall, export price indicated a notable expansion from October 2022 to October 2023: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, medicaments of other antibiotics export price increased by +100.9% against June 2023 indices. The pace of growth was the most pronounced in August 2023 when the average export price increased by 50% month-to-month. Over the period under review, the average export prices attained the peak figure in October 2023.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was the United States ($154K per ton), while the average price for exports to Kuwait ($9,909 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Medicaments of Other Antibiotics in Bulgaria (CIF) - 2023

The average medicaments of other antibiotics import price stood at $61,705 per ton in October 2023, reducing by -25.1% against the previous month. In general, the import price continues to indicate a slight downturn. The growth pace was the most rapid in May 2023 an increase of 114% month-to-month. The import price peaked at $84,216 per ton in February 2023; however, from March 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was India ($155K per ton), while the price for Turkey ($54,132 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Austria (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Medicaments of Other Antibiotics in Bulgaria

In 2022, after three years of growth, there was significant decline in overseas shipments of medicaments of other antibiotics, when their volume decreased by -16.4% to 5.1K tons. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 21%. As a result, the exports attained the peak of 6.2K tons, and then reduced remarkably in the following year.

In value terms, medicaments of other antibiotics exports stood at $141M in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Medicaments of Other Antibiotics in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.511.415.627.930.7%
Russia9.614.615.114.314.2%
Germany8.410.67.88.60.8%
Vietnam3.13.53.07.031.2%
Thailand3.911.58.66.920.9%
China2.83.16.96.431.7%
France6.87.85.26.1-3.6%
Taiwan (Chinese)5.35.97.15.93.6%
Spain4.16.57.95.17.5%
Netherlands2.53.54.34.723.4%
India5.84.96.13.7-13.9%
Brazil0.40.22.41.140.1%
Ukraine1.62.01.40.7-24.1%
Others44.049.249.242.8-0.9%
Total1111351411418.3%

Top Export Markets for Medicaments of Other Antibiotics from Bulgaria in 2022:

  1. United States (1194.5 tons)
  2. India (547.8 tons)
  3. Russia (488.3 tons)
  4. Thailand (361.4 tons)
  5. France (293.2 tons)
  6. Taiwan (Chinese) (290.8 tons)
  7. Brazil (219.6 tons)
  8. Spain (208.6 tons)
  9. China (176.1 tons)
  10. Vietnam (145.3 tons)
  11. Netherlands (134.7 tons)
  12. Germany (133.7 tons)
  13. Ukraine (98.6 tons)

Imports of Medicaments of Other Antibiotics in Bulgaria

In 2022, after three years of growth, there was significant decline in purchases abroad of medicaments of other antibiotics, when their volume decreased by -7.7% to 692 tons. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year.

In value terms, medicaments of other antibiotics imports shrank rapidly to $35M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports reached the peak of $45M, and then contracted markedly in the following year.

Import of Medicaments of Other Antibiotics in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.23.75.26.99.9%
Slovenia3.44.58.76.020.8%
Turkey1.32.94.34.045.4%
Germany2.22.52.43.112.1%
Netherlands0.91.64.02.642.4%
Switzerland3.33.22.12.1-14.0%
France1.23.22.51.814.5%
Cyprus1.83.34.21.80.0%
Poland0.71.11.31.426.0%
Austria0.50.71.11.130.1%
Spain0.81.00.81.07.7%
Greece0.40.61.60.57.7%
Belgium0.30.30.30.518.6%
Others11.610.16.12.6-39.3%
Total33.838.644.835.41.6%

Top Suppliers of Medicaments of Other Antibiotics to Bulgaria in 2022:

  1. Slovenia (76.5 tons)
  2. Italy (73.6 tons)
  3. Spain (68.6 tons)
  4. Austria (58.1 tons)
  5. Netherlands (57.9 tons)
  6. France (50.4 tons)
  7. Germany (44.3 tons)
  8. Greece (30.2 tons)
  9. Turkey (29.8 tons)
  10. Poland (20.7 tons)
  11. Belgium (19.9 tons)
  12. Switzerland (18.1 tons)
  13. Cyprus (12.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for medicaments of other antibiotics 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 21201150 - Medicaments of other antibiotics, n.p.r.s.
  • Prodcom 21201180 - Medicaments of other antibiotics, p.r.s.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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