Bulgaria: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2022

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Bulgaria

The Bulgarian market for organo-sulphur compounds and other organo-inorganic compounds dropped to $X in 2021, falling by -X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Bulgaria

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds declined remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports from Bulgaria

After three years of growth, shipments abroad of organo-sulphur compounds and other organo-inorganic compounds decreased by -X% to X tons in 2021. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds reached $X in 2021. The total export 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 appeared the most rapid in 2014 when exports increased by X%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

China (X tons) was the main destination for exports of organo-sulphur compounds and other organo-inorganic compounds from Bulgaria, accounting for a X% share of total exports. Moreover, exports of organo-sulphur compounds and other organo-inorganic compounds to China exceeded the volume sent to the second major destination, South Korea (X tons), twofold. Malaysia (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Malaysia (+X% per year).

In value terms, China ($X) remains the key foreign market for organo-sulphur compounds and other organo-inorganic compounds exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2021, the average annual growth rate of value to China amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

The average export price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2021, rising by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to Finland ($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 Finland (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports into Bulgaria

In 2021, imports of organo-sulphur compounds and other organo-inorganic compounds into Bulgaria contracted to X tons, dropping by -X% against the previous year's figure. In general, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds amounted 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Serbia (X tons), China (X tons) and Croatia (X tons) were the main suppliers of imports of organo-sulphur compounds and other organo-inorganic compounds to Bulgaria, with a combined X% share of total imports.

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

In value terms, Serbia ($X), China ($X) and France ($X) constituted the largest organo-sulphur compounds and other organo-inorganic compounds suppliers to Bulgaria, with a combined X% share of total imports. Croatia, Malaysia, Germany and India lagged somewhat behind, together comprising a further X the main suppliers, Croatia, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform