Bulgaria: Market for Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters 2024

Market Size for Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters in Bulgaria

The Bulgarian market for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters amounted to $X in 2022, surging by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters in Bulgaria

In value terms, production of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters expanded sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production of reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters

Exports from Bulgaria

After four years of decline, overseas shipments of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters increased by X% to X tons in 2022. In general, exports showed a perceptible expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters surged to $X in 2022. Overall, exports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Greece (X tons), Cyprus (X tons) and Germany (X tons) were the main destinations of exports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters from Bulgaria, together comprising X% of total exports. Albania, Italy and Armenia lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Armenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Greece ($X) and Cyprus ($X) were the largest markets for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters exported from Bulgaria worldwide, with a combined X% share of total exports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters amounted to $X per ton, reducing by X% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Albania ($X per ton) was amongst the lowest.

From 2013 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 more modest paces of growth.

Imports of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters

Imports into Bulgaria

In 2022, supplies from abroad of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters expanded to $X in 2022. Over the period under review, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters to Bulgaria, with a X% share of total imports. Moreover, imports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters from Turkey exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average import price for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform