Bulgaria: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in Bulgaria

The Bulgarian organic surface active agent market shrank markedly to less than $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, showed a slight expansion. As a result, consumption attained the peak level of $X, and then dropped significantly in the following year.

Production of Organic Surface Active Agents in Bulgaria

In value terms, organic surface active agent production surged to $X in 2022 estimated in export price. In general, production, however, faced a dramatic descent. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Organic Surface Active Agents

Exports from Bulgaria

In 2021, organic surface active agent exports from Bulgaria shrank rapidly to X tons, declining by X% on the previous year's figure. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2020, and then contracted remarkably in the following year.

In value terms, organic surface active agent exports contracted notably to $X in 2021. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at $X in 2020, and then fell rapidly in the following year.

Exports by Country

Greece (X tons) was the main destination for organic surface active agent exports from Bulgaria, accounting for a X% share of total exports. Moreover, organic surface active agent exports to Greece exceeded the volume sent to the second major destination, North Macedonia (X tons), fivefold. The third position in this ranking was taken by Syrian Arab Republic (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Greece stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Syrian Arab Republic (X% per year).

In value terms, Greece ($X) remains the key foreign market for organic surface active agents exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by North Macedonia ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

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

Export Prices by Country

In 2021, the average organic surface active agent export price amounted to $X per ton, jumping by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Syrian Arab Republic ($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 Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface Active Agents

Imports into Bulgaria

In 2021, imports of organic surface active agents into Bulgaria reduced to X tons, shrinking by X% compared with 2020 figures. The total import volume increased at an average annual rate of X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2020, and then contracted in the following year.

In value terms, organic surface active agent imports rose markedly to $X in 2021. The total import value increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Greece (X tons) and Italy (X tons) were the main suppliers of organic surface active agent imports to Bulgaria, together comprising X% of total imports. Poland, Turkey, Spain, the Czech Republic and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Greece ($X) and Italy ($X) appeared to be the largest organic surface active agent suppliers to Bulgaria, with a combined X% share of total imports. Poland, Turkey, Spain, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average organic surface active agent import price stood at $X per ton in 2021, surging by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform