Report Update Apr 1, 2024

Bulgaria - Coal - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Coal Market 2024

Coal Market Size in Bulgaria

In 2022, the Bulgarian coal market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, continues to indicate a noticeable descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Coal Production in Bulgaria

In value terms, coal production reduced to $X in 2022 estimated in export price. In general, production saw a deep contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Coal production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Coal Exports

Exports from Bulgaria

In 2022, shipments abroad of coal was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a mild increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, coal exports soared to $X in 2022. Over the period under review, exports enjoyed a tangible increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Serbia (X tons) was the main destination for coal exports from Bulgaria, accounting for a X% share of total exports. Moreover, coal exports to Serbia exceeded the volume sent to the second major destination, Greece (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Serbia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Romania (X% per year).

In value terms, the largest markets for coal exported from Bulgaria were Serbia ($X), Greece ($X) and Romania ($X), with a combined X% share of total exports.

Serbia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average coal export price amounted to $X per ton, surging by X% against the previous year. In general, the export price saw a pronounced expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Serbia ($X 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 Greece (X%), while the prices for the other major destinations experienced a decline.

Coal Imports

Imports into Bulgaria

In 2022, overseas purchases of coal increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports, however, recorded a noticeable decrease. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, coal imports soared to $X in 2022. In general, imports recorded a measured expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest coal supplier to Bulgaria, with a X% share of total imports. Moreover, coal imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. South Africa (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and South Africa (X% per year).

In value terms, Russia ($X) constituted the largest supplier of coal to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average coal import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price saw a resilient increase. As a result, import price attained the peak level and is likely to continue 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 Spain ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for coal in the world?

The country with the largest volume of coal consumption was China, comprising approx. 49% of total volume. Moreover, coal consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. The third position in this ranking was held by the United States, with a 5.9% share.

What are the largest producers of coal in the world?

The country with the largest volume of coal production was China, accounting for 44% of total volume. Moreover, coal production in China exceeded the figures recorded by the second-largest producer, Australia, fivefold. The third position in this ranking was held by India, with an 8.5% share.

What are the leading suppliers of coal to Bulgaria?

In value terms, Russia constituted the largest supplier of coal to Bulgaria, comprising 61% of total imports. The second position in the ranking was held by Turkey, with a 13% share of total imports. It was followed by Spain, with an 8.2% share.

What are the leading importers of coal from Bulgaria?

In value terms, Serbia, Greece and Romania appeared to be the largest markets for coal exported from Bulgaria worldwide, together accounting for 52% of total exports.

What is the average export price for coal in Bulgaria?

In 2022, the average coal export price amounted to $131 per ton, picking up by 131% against the previous year.

What is the average import price for coal in Bulgaria?

In 2022, the average coal import price amounted to $257 per ton, picking up by 101% against the previous year.

This report provides an in-depth analysis of the coal 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:

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