Report Bulgaria - Iron Oxides and Hydroxides - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Bulgaria - Iron Oxides and Hydroxides - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Iron Oxide Pigment Market 2022

Iron Oxide Pigment Market Size in Bulgaria

The Bulgarian iron oxide pigment market rose rapidly to $X in 2021, picking up by X% against the previous year. In general, consumption, however, showed a prominent increase. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Iron Oxide Pigment Production in Bulgaria

In value terms, iron oxide pigment production soared to $X in 2021 estimated in export price. Overall, production, however, saw prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Iron Oxide Pigment Exports

Exports from Bulgaria

In 2021, overseas shipments of iron oxide pigments decreased by -X% to X tons, falling for the second year in a row after six years of growth. Over the period under review, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, iron oxide pigment exports declined markedly to $X in 2021. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for iron oxide pigment exports from Bulgaria, accounting for a X% share of total exports. Moreover, iron oxide pigment exports to Romania exceeded the volume sent to the second major destination, Slovenia (X tons), sixfold. Iran (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Iran (-X% per year).

In value terms, Romania ($X) remains the key foreign market for iron oxide pigment exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports. It was followed by Greece, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (-X% per year) and Greece (+X% per year).

Export Prices by Country

In 2021, the average iron oxide pigment export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price continues to indicate a perceptible expansion. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Greece ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, 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 mixed trend patterns.

Iron Oxide Pigment Imports

Imports into Bulgaria

In 2021, supplies from abroad of iron oxide pigments increased by X% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, iron oxide pigment imports surged to $X in 2021. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), Germany (X tons) and China (X tons) were the main suppliers of iron oxide pigment imports to Bulgaria, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +X%), while purchases for the other leaders experienced a decline.

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

From 2012 to 2021, 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 China (-X% per year).

Import Prices by Country

In 2021, the average iron oxide pigment import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price showed modest growth. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for iron oxide pigments in the world?
+
The country with the largest volume of iron oxide pigment consumption was China, comprising approx. 18% of total volume. Moreover, iron oxide pigment consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was taken by Germany, with a 7.1% share.
What are the largest producers of iron oxide pigments in the world?
+
The countries with the highest volumes of production in 2021 were China, Germany and India, together comprising 39% of global production. These countries were followed by Japan, Pakistan, Nigeria, Indonesia, the United States, Bangladesh, Chile, Sweden, Brazil and France, which together accounted for a further 28%.
What are the leading suppliers of iron oxide pigments to Bulgaria?
+
In value terms, Germany constituted the largest supplier of iron oxide pigment to Bulgaria, comprising 42% of total imports. The second position in the ranking was held by Turkey, with an 18% share of total imports. It was followed by China, with a 12% share.
What are the leading importers of iron oxide pigments from Bulgaria?
+
In value terms, Romania remains the key foreign market for iron oxide pigment exports from Bulgaria, comprising 66% of total exports. The second position in the ranking was held by Iran, with a 13% share of total exports. It was followed by Greece, with an 8.9% share.
What is the average export price for iron oxide pigments in Bulgaria?
+
In 2021, the average iron oxide pigment export price amounted to $2,587 per ton, with an increase of 31% against the previous year.
What is the average import price for iron oxide pigments in Bulgaria?
+
The average iron oxide pigment import price stood at $1,077 per ton in 2021, rising by 4.5% against the previous year.

This report provides an in-depth analysis of the iron oxide pigment 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 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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