Report Update Apr 1, 2024

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

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Bulgaria: Ethylene Market 2024

Ethylene Market Size in Bulgaria

The Bulgarian ethylene market dropped modestly to $X in 2021, standing approx. at the previous year. In general, consumption saw a noticeable shrinkage. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Ethylene Production in Bulgaria

In value terms, ethylene production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of 16% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Ethylene Exports

Exports from Bulgaria

For the fourth year in a row, Bulgaria recorded decline in shipments abroad of ethylene, which decreased by -68.8% to X kg in 2019. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2013 when exports increased by 8.4%. As a result, the exports attained the peak of X tons. From 2014 to 2019, the growth of the exports failed to regain momentum.

In value terms, ethylene exports declined notably to $X in 2019. Overall, exports showed a dramatic descent. The smallest decline of -7.1% was in 2014. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for ethylene exports from Bulgaria, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to the Netherlands amounted to -18.7%.

In value terms, the Netherlands ($X) also remains the key foreign market for ethylene exports from Bulgaria.

From 2012 to 2019, the average annual growth rate of value to the Netherlands totaled -35.7%.

Export Prices by Country

In 2019, the average ethylene export price amounted to $X per ton, shrinking by -5.2% against the previous year. Over the period under review, the export price saw a significant decline. The growth pace was the most rapid in 2018 when the average export price increased by 1.6% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2019, the rate of growth in terms of prices for the Netherlands amounted to -21.0% per year.

Ethylene Imports

Imports into Bulgaria

After three years of growth, purchases abroad of ethylene decreased by -76.7% to X kg in 2019. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 313%. Imports peaked at X tons in 2018, and then shrank notably in the following year.

In value terms, ethylene imports fell rapidly to $X in 2019. Over the period under review, imports, however, posted a moderate increase. The most prominent rate of growth was recorded in 2017 when imports increased by 138% against the previous year. Over the period under review, imports reached the maximum at $X in 2018, and then fell notably in the following year.

Imports by Country

In 2019, the Netherlands (X kg) constituted the largest supplier of ethylene to Bulgaria, with a 68% share of total imports. Moreover, ethylene imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Greece (X kg), twofold.

From 2012 to 2019, the average annual growth rate of volume from the Netherlands stood at +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+77.9% per year) and Italy (+2.6% per year).

In value terms, Greece ($X) constituted the largest supplier of ethylene to Bulgaria, comprising 61% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 29% share of total imports.

From 2012 to 2019, the average annual growth rate of value from Greece totaled +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-6.8% per year) and Italy (-29.0% per year).

Import Prices by Country

In 2019, the average ethylene import price amounted to $X per ton, increasing by 20% against the previous year. Overall, the import price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 200%. As a result, import price reached the peak level of $X per ton. From 2016 to 2019, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands (-22.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethylene in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 37% share of global consumption. Japan, Indonesia, Brazil, Pakistan, Russia, Nigeria, the UK, Qatar, Germany and Mexico lagged somewhat behind, together comprising a further 27%.

What are the largest producers of ethylene in the world?

The countries with the highest volumes of production in 2021 were China, the United States and India, with a combined 36% share of global production. These countries were followed by Japan, Brazil, Pakistan, the UK, Russia, Nigeria, Indonesia, Qatar, Mexico and Germany, which together accounted for a further 27%.

What are the leading suppliers of ethylene to Bulgaria?

In value terms, Greece $878) constituted the largest supplier of ethylene to Bulgaria, comprising 61% of total imports. The second position in the ranking was taken by the Netherlands $414), with a 29% share of total imports.

What are the leading importers of ethylene from Bulgaria?

In value terms, the Netherlands $591) remains the key foreign market for ethylene exports from Bulgaria.

What is the average export price for ethylene in Bulgaria?

The average ethylene export price stood at $1,119 per ton in 2019, shrinking by -5.2% against the previous year.

What is the average import price for ethylene in Bulgaria?

In 2019, the average ethylene import price amounted to $2,588 per ton, increasing by 20% against the previous year.

This report provides an in-depth analysis of the ethylene 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 20141130 - Ethylene

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