Report Update: May 1, 2024

Bulgaria - Styrene-Acrylonitrile (San) And Acrylonitrile-Butadiene-Styrene (Abs) Copolymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Styrene-Acrylonitrile Price in Bulgaria - 2023

Styrene-Acrylonitrile Price in Bulgaria (CIF) - 2022

In 2022, the average styrene-acrylonitrile import price amounted to $2,998 per ton, rising by 5.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 24% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Germany ($4,737 per ton), while the price for Italy ($1,568 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+42.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Styrene-Acrylonitrile Price in Bulgaria (FOB) - 2022

The average styrene-acrylonitrile export price stood at $2,331 per ton in 2022, waning by -21.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices reached the maximum at $3,482 per ton in 2013; however, from 2014 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 Germany ($4,456 per ton), while the average price for exports to Malaysia ($399 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 Malaysia (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Styrene-Acrylonitrile Imports in Bulgaria

In 2022, approx. 7.5K tons of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) were imported into Bulgaria; declining by -13.3% compared with the previous year. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, imports reached the peak of 8.6K tons, and then contracted in the following year.

In value terms, styrene-acrylonitrile imports reduced to $22M in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 129% against the previous year. As a result, imports reached the peak of $24M, and then declined in the following year.

Import of Styrene-Acrylonitrile in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.2	4.8	9.6	8.7	27.5%
South Korea	2.5	2.4	4.7	7.1	41.6%
Italy	0.7	0.6	4.0	2.2	46.5%
Denmark	N/A	N/A	0.6	1.0	66.7%
Belgium	1.4	1.0	1.4	0.7	-20.6%
Spain	0.3	0.2	0.2	0.4	10.1%
Thailand	N/A	0.1	N/A	0.3	73.2%
Romania	0.4	0.4	0.5	0.2	-20.6%
Hungary	1.1	0.2	0.3	0.1	-55.0%
Others	0.7	1.0	3.0	1.5	28.9%
Total	11.3	10.6	24.4	22.3	25.4%

Top Suppliers of Styrene-Acrylonitrile to Bulgaria in 2022:

South Korea (2666.0 tons)
Germany (1838.9 tons)
Italy (1410.1 tons)
Denmark (420.0 tons)
Belgium (258.3 tons)
Thailand (120.0 tons)
Spain (119.9 tons)
Romania (77.8 tons)
Hungary (54.4 tons)

Styrene-Acrylonitrile Exports in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in overseas shipments of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms), which increased by 42% to 927 tons in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 190%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, styrene-acrylonitrile exports amounted to $2.2M in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 374%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Styrene-Acrylonitrile in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	40.5	94.4	35.4	1,014	192.5%
Germany	156	16.9	272	752	68.9%
Malaysia	N/A	N/A	7.8	103	1220.5%
Serbia	72.2	65.2	204	72.7	0.2%
Turkey	N/A	N/A	2.7	52.9	1859.3%
Poland	0.3	13.7	89.4	50.0	450.3%
Italy	29.5	17.7	906	24.3	-6.3%
North Macedonia	113	56.6	24.5	21.9	-42.1%
Austria	N/A	N/A	147	N/A	0%
Others	140	146	255	70.4	-20.5%
Total	551	410	1,944	2,162	57.7%

Top Export Markets for Styrene-Acrylonitrile from Bulgaria in 2022:

Romania (392.0 tons)
Malaysia (259.3 tons)
Germany (168.7 tons)
Serbia (27.5 tons)
Poland (24.3 tons)
Turkey (21.7 tons)
Italy (9.9 tons)
North Macedonia (8.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the styrene-acrylonitrile 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 20162050 - Styrene-acrylonitrile (SAN) copolymers, in primary forms
Prodcom 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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