Bulgaria: Heterocyclic Compound Market Overview 2020

Heterocyclic Compound Market Size in Bulgaria

The revenue of the heterocyclic compound market in Bulgaria amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, heterocyclic compound consumption continues to indicate an outstanding expansion. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the heterocyclic compound market reached its maximum level in 2018 and is likely to see steady growth in the near future.

Heterocyclic Compound Exports

Exports from Bulgaria

Heterocyclic compound exports from Bulgaria stood at X tonnes in 2018, surging by X% against the previous year. In general, heterocyclic compound exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, heterocyclic compound exports attained their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, heterocyclic compound exports stood at $X in 2018. Overall, heterocyclic compound exports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, heterocyclic compound exports reached their maximum at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Malta (X kg), Canada (X kg) and Greece (X kg) were the main destinations of heterocyclic compound exports from Bulgaria, with a combined X% share of total exports. These countries were followed by Germany, Ukraine, Macedonia and India, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Germany (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Malta ($X) remains the key foreign market for heterocyclic compound exports from Bulgaria, comprising X% of total heterocyclic compound exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Malta amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Canada (+X% per year).

Export Prices by Country

The average heterocyclic compound export price stood at $X per tonne in 2018, lowering by -X% against the previous year. Over the period under review, the heterocyclic compound export price continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. In that year, the average export prices for heterocyclic compounds attained their peak level of $X per tonne. From 2017 to 2018, the growth in terms of the average export prices for heterocyclic compounds remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per tonne), while the average price for exports to Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X% per year), while the prices for the other major destinations experienced mixed trend patterns.

Heterocyclic Compound Imports

Imports into Bulgaria

Heterocyclic compound imports into Bulgaria totaled X tonnes in 2018, going up by X% against the previous year. In general, heterocyclic compound imports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. In that year, heterocyclic compound imports reached their peak of X tonnes. From 2015 to 2018, the growth of heterocyclic compound imports remained at a lower figure.

In value terms, heterocyclic compound imports amounted to $X in 2018. Overall, heterocyclic compound imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

Belgium (X tonnes), China (X tonnes) and India (X tonnes) were the main suppliers of heterocyclic compound imports to Bulgaria, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of heterocyclic compound to Bulgaria, comprising X% of total heterocyclic compound imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from India stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average heterocyclic compound import price stood at $X per tonne in 2018, surging by X% against the previous year. Over the period under review, the heterocyclic compound import price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, the average import prices for heterocyclic compounds attained their peak figure at $X per tonne in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform