Bulgaria: Overview of the Market for Oils And Other Products Of The Distillation Of High Temperature Coal Tar 2019

Market Size for Oils And Other Products Of The Distillation Of High Temperature Coal Tar in Bulgaria

The revenue of the oils from coal tar market in Bulgaria amounted to $X in 2018, lowering 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, oils from coal tar consumption continues to indicate an abrupt curtailment. The growth pace was the most rapid in 2015 when the market value increased by X% y-o-y. Oils from coal tar consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Exports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar

Exports from Bulgaria

Oils from coal tar exports from Bulgaria stood at X tonnes in 2018, increasing by X% against the previous year. In general, oils from coal tar exports continue to indicate slight growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, oils from coal tar exports stood at $X in 2018. In general, oils from coal tar exports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, oils from coal tar exports attained their peak figure at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

Singapore (X tonnes) was the main destination for oils from coal tar exports from Bulgaria, accounting for a X% share of total exports. Moreover, oils from coal tar exports to Singapore exceeded the volume sent to the second major destination, Gibraltar (X tonnes), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Singapore amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gibraltar (+X% per year) and Belgium (-X% per year).

In value terms, Singapore ($X) remains the key foreign market for oils from coal tar exports from Bulgaria, comprising X% of total oils from coal tar exports. The second position in the ranking was occupied by Gibraltar ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value to Singapore stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gibraltar (+X% per year) and Belgium (-X% per year).

Export Prices by Country

The average oils from coal tar export price stood at $X per tonne in 2018, surging by X% against the previous year. In general, the oils from coal tar export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for oils and other products of the distillation of high temperature coal tar attained their peak figure at $X per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Average prices varied somewhat for the major foreign markets. In 2018, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Belgium ($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 Gibraltar, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar

Imports into Bulgaria

In 2018, the oils from coal tar imports into Bulgaria stood at X tonnes, falling by -X% against the previous year. Over the period under review, oils from coal tar imports continue to indicate an abrupt descent. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, oils from coal tar imports amounted to $X in 2018. Over the period under review, oils from coal tar imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2018 with a decrease of -X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Russia (X tonnes) was the main supplier of oils from coal tar to Bulgaria, accounting for a X% share of total imports. Moreover, oils from coal tar imports from Russia exceeded the figures recorded by the second-largest supplier, Romania (X tonnes), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume from Russia amounted to -X%.

In value terms, Russia ($X) constituted the largest supplier of oils from coal tar to Bulgaria, comprising X% of total oils from coal tar imports. The second position in the ranking was occupied by Romania ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Russia stood at -X%.

Import Prices by Country

In 2018, the average oils from coal tar import price amounted to $X per tonne, falling by -X% against the previous year. Overall, the oils from coal tar import price continues to indicate an abrupt drop. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for oils and other products of the distillation of high temperature coal tar attained their peak figure at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Romania ($X per tonne), while the price for Russia totaled $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Romania.

Source: IndexBox AI Platform