Bulgaria - Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights

Bulgaria: Heterocyclic Compound Market Overview 2019

Heterocyclic Compound Market Size in Bulgaria

The revenue of the heterocyclic compound market in Bulgaria amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, heterocyclic compound consumption, however, continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2011, when the market value increased by X% year-to-year. Over the period under review, the heterocyclic compound market reached its maximum level in 2018, and is expected to retain its growth in the immediate term.

Heterocyclic Compound Production in Bulgaria

In value terms, heterocyclic compound production amounted to $X in 2018 estimated in export prices. In general, heterocyclic compound production continues to indicate a relatively flat trend pattern.

Heterocyclic Compound Exports

Exports from Bulgaria

In 2018, approx. X kg of heterocyclic compounds were exported from Bulgaria; shrinking by -X% against the previous year. Over the period under review, heterocyclic compound exports continue to indicate a deep drop. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. In that year, heterocyclic compound exports reached their peak of X kg. From 2011 to 2018, the growth of heterocyclic compound exports failed to regain its momentum.

In value terms, heterocyclic compound exports stood at $X in 2018. Over the period under review, heterocyclic compound exports continue to indicate a temperate descent. The growth pace was the most rapid in 2010, when exports increased by X% year-to-year. Bulgaria exports peaked at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China represented the key exporter of heterocyclic compounds in the world, with the volume of exports amounting to X tonnes, which was near X% of total exports in 2018. The U.S. (X tonnes) ranks second in terms of the total exports with a X% share, followed by India (X%), Germany (X%) and the UK (X%). The following exporters - Belgium (X tonnes) and Japan (X tonnes) - together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, the UK (+X%), India (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%), Japan (-X%) and Belgium (-X%) illustrated a downward trend over the same period. While the share of Belgium (X%), the U.S. (X%) and Japan (X%) increased significantly in terms of the global exports from 2007-2018, the share of Germany (-X%), India (-X%), the UK (-X%) and China (-X%) displayed negative dynamics.

In value terms, the largest heterocyclic compound markets from Bulgaria were China ($X), Belgium ($X) and the U.S. ($X), with a combined X% share of total exports.

Among the main exporting countries, China experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The heterocyclic compound export price in Bulgaria stood at $X per kg in 2018, growing by X% against the previous year. Overall, the heterocyclic compound export price continues to indicate a strong growth. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. Bulgaria export price peaked in 2018, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Belgium ($X per kg), while the UK ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Belgium, while the other leaders experienced more modest paces of growth.

Heterocyclic Compound Imports

Imports into Bulgaria

In 2018, heterocyclic compound imports into Bulgaria stood at X tonnes, waning by -X% against the previous year. Over the period under review, heterocyclic compound imports, however, continue to indicate a skyrocketing growth. The growth pace was the most rapid in 2017, with an increase of X% year-to-year. In that year, heterocyclic compound imports reached their peak of X tonnes, and then declined slightly in the following year.

In value terms, heterocyclic compound imports stood at $X in 2018. Over the period under review, heterocyclic compound imports, however, continue to indicate an outstanding increase. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. Over the period under review, heterocyclic compound imports attained their maximum in 2018, and are likely to see steady growth in the near future.

Imports by Country

In 2018, the U.S. (X tonnes), India (X tonnes), Brazil (X tonnes), China (X tonnes), the UK (X tonnes), Indonesia (X tonnes), Belgium (X tonnes), Germany (X tonnes), France (X tonnes), Mexico (X tonnes), Argentina (X tonnes) and Japan (X tonnes) represented the key importers of heterocyclic compounds in the world, creating X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bulgaria, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported heterocyclic compounds into Bulgaria, comprising X% of global imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

In Germany, heterocyclic compound imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Belgium (-X% per year) and the U.S. (-X% per year).

Import Prices by Country

In 2018, the heterocyclic compound import price in Bulgaria amounted to $X per kg, increasing by X% against the previous year. Over the period under review, the heterocyclic compound import price continues to indicate a tangible increase. The pace of growth was the most pronounced in 2018, when the import price increased by X% year-to-year. Over the period under review, the import prices for heterocyclic compounds attained their peak figure at $X per kg in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per kg), while Indonesia ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform