Report Update Nov 1, 2024

Bulgaria - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Market for 2,2-Oxydiethanol (Diethylene Glycol, Digol) 2024

Market Size for 2,2-Oxydiethanol (Diethylene Glycol, Digol) in Bulgaria

After two years of decline, the Bulgarian diethylene glycol and digol market increased by 528% to $X in 2021. In general, consumption continues to indicate resilient growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Exports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Exports from Bulgaria

In 2020, overseas shipments of X-oxydiethanol (diethylene glycol, digol) decreased by -55.3% to X tons, falling for the third year in a row after three years of growth. In general, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2017 when exports increased by 282% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

In value terms, diethylene glycol and digol exports declined remarkably to $X in 2020. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 182% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Romania (X tons) and Greece (X kg) were the main destinations of diethylene glycol and digol exports from Bulgaria, together comprising 99.9% of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, the Netherlands ($X) emerged as the key foreign market for X-oxydiethanol (diethylene glycol, digol) exports from Bulgaria, comprising 81% of total exports. The second position in the ranking was held by Romania ($X), with an 18% share of total exports.

From 2012 to 2020, the average annual growth rate of value to the Netherlands amounted to +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (0.0% per year) and Greece (-49.1% per year).

Export Prices by Country

The average diethylene glycol and digol export price stood at $X per ton in 2020, increasing by 18% against the previous year. In general, the export price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 69% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Imports into Bulgaria

In 2021, after two years of decline, there was significant growth in overseas purchases of X-oxydiethanol (diethylene glycol, digol), when their volume increased by 26% to X tons. In general, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 130% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, diethylene glycol and digol imports surged to $X in 2021. Overall, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by 82%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main diethylene glycol and digol supplier to Bulgaria, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +20.7%.

In value terms, Turkey ($X) constituted the largest supplier of X-oxydiethanol (diethylene glycol, digol) to Bulgaria.

From 2012 to 2021, the average annual growth rate of value from Turkey stood at +22.4%.

Import Prices by Country

In 2021, the average diethylene glycol and digol import price amounted to $X per ton, with an increase of 36% against the previous year. Overall, the import price, however, showed a slight decline. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +1.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for 2,2-oxydiethanol (diethylene glycol, digol) in the world?

The countries with the highest volumes of in 2021 were China, Saudi Arabia and Taiwan Chinese), with a combined 58% share of global consumption.

What are the largest producers of 2,2-oxydiethanol (diethylene glycol, digol) in the world?

Saudi Arabia constituted the country with the largest volume of diethylene glycol and digol production, accounting for 39% of total volume. Moreover, diethylene glycol and digol production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Canada, fourfold. The third position in this ranking was occupied by Taiwan Chinese), with a 9.8% share.

What are the leading suppliers of 2,2-oxydiethanol (diethylene glycol, digol) to Bulgaria?

In value terms, Turkey constituted the largest supplier of diethylene glycol and digol to Bulgaria.

What are the leading importers of 2,2-oxydiethanol (diethylene glycol, digol) from Bulgaria?

In value terms, the Netherlands emerged as the key foreign market for diethylene glycol and digol exports from Bulgaria, comprising 81% of total exports. The second position in the ranking was occupied by Romania, with an 18% share of total exports.

What is the average export price for 2,2-oxydiethanol (diethylene glycol, digol) in Bulgaria?

The average diethylene glycol and digol export price stood at $2,244 per ton in 2020, surging by 18% against the previous year.

What is the average import price for 2,2-oxydiethanol (diethylene glycol, digol) in Bulgaria?

The average diethylene glycol and digol import price stood at $742 per ton in 2021, increasing by 9.2% against the previous year.

This report provides an in-depth analysis of the market for diethylene glycol and digol 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 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023