Bulgaria - Sulphuric Acid And Oleum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphuric Acid Price in Bulgaria - 2023
Contents:
- Sulphuric Acid Price in Bulgaria (FOB) - 2023
- Sulphuric Acid Price in Bulgaria (CIF) - 2023
- Sulphuric Acid Exports in Bulgaria
- Sulphuric Acid Imports in Bulgaria
Sulphuric Acid Price in Bulgaria (FOB) - 2023
In August 2023, the average sulphuric acid export price amounted to $35.4 per ton, with an increase of 13% against the previous month. Over the period under review, the export price, however, showed a drastic downturn. The growth pace was the most rapid in May 2023 when the average export price increased by 36% month-to-month. Over the period under review, the average export prices reached the maximum at $141 per ton in September 2022; however, from October 2022 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Romania ($85.0 per ton), while the average price for exports to Greece ($24.0 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-0.2%), while the prices for the other major destinations experienced a decline.
Sulphuric Acid Price in Bulgaria (CIF) - 2023
The average sulphuric acid import price stood at $183 per ton in August 2023, growing by 82% against the previous month. In general, the import price, however, continues to indicate a abrupt decrease. The import price peaked at $654 per ton in January 2023; however, from February 2023 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 Hungary ($438 per ton), while the price for Serbia stood at $68.0 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Serbia (-3.2%), while the prices for the other major suppliers experienced a decline.
Sulphuric Acid Exports in Bulgaria
Sulphuric acid exports from Bulgaria skyrocketed to 1.1M tons in 2022, growing by 25% compared with the year before. The total export volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphuric acid exports soared to $120M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sulphuric Acid in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 22.2 | 13.2 | 34.6 | 54.5 | 34.9% |
| Serbia | 6.9 | 5.7 | 9.3 | 49.9 | 93.4% |
| Cyprus | N/A | 0.1 | 1.6 | 7.7 | 777.5% |
| Others | 4.0 | 4.2 | 5.0 | 8.2 | 27.0% |
| Total | 33.0 | 23.1 | 50.5 | 120 | 53.8% |
Top Export Markets for Sulphuric Acid from Bulgaria in 2022:
- Turkey (2.7M tons)
- Serbia (1.1M tons)
- Cyprus (0.2M tons)
Sulphuric Acid Imports in Bulgaria
In 2022, overseas purchases of sulphuric acid and oleum decreased by -69.1% to 1.4K tons, falling for the second year in a row after two years of growth. Overall, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 263% against the previous year. As a result, imports reached the peak of 7.7K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sulphuric acid imports contracted remarkably to $382K in 2022. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year.
| Import of Sulphuric Acid in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 11.1 | 12.1 | 10.7 | 165 | 145.9% |
| Cyprus | 350 | 174 | 311 | 135 | -27.2% |
| Serbia | 12.2 | 282 | 160 | 25.5 | 27.9% |
| Greece | 55.3 | N/A | N/A | 5.7 | -53.1% |
| Others | 22.2 | 37.2 | 38.5 | 50.9 | 31.9% |
| Total | 451 | 506 | 521 | 382 | -5.4% |
Top Suppliers of Sulphuric Acid to Bulgaria in 2022:
- Slovakia (1983.7 tons)
- Cyprus (307.9 tons)
- Serbia (25.6 tons)
- Greece (25.6 tons)
This report provides an in-depth analysis of the sulphuric 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 20132434 - Sulphuric acid, oleum
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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This report provides an in-depth analysis of the sulphuric acid market in Bulgaria.
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This report provides an in-depth analysis of the global sulphuric acid market.
506
This report provides an in-depth analysis of the sulphuric acid market in Bulgaria.
2813
This report provides an in-depth analysis of the global sulphuric acid market.
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