Bulgaria - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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Abs Copolymers Market Size in Bulgaria
In 2021, after two years of decline, there was significant growth in the Bulgarian ABS copolymers market, when its value increased by 104% to $X. In general, consumption showed a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Abs Copolymers Exports
Exports from Bulgaria
In 2021, overseas shipments of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 182% to X tons, rising for the second consecutive year after two years of decline. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 328%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the near future.
In value terms, ABS copolymers exports surged to $X in 2021. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Italy (X tons) was the main destination for ABS copolymers exports from Bulgaria, accounting for a 48% share of total exports. Moreover, ABS copolymers exports to Italy exceeded the volume sent to the second major destination, Serbia (X tons), fivefold. The third position in this ranking was taken by Austria (X tons), with a 9.9% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Italy amounted to +119.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+2.2% per year) and Austria (0.0% per year).
In value terms, Italy ($X) emerged as the key foreign market for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exports from Bulgaria, comprising 51% of total exports. The second position in the ranking was taken by Serbia ($X), with a 12% share of total exports. It was followed by Austria, with an 8.2% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Italy amounted to +163.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+5.6% per year) and Austria (0.0% per year).
Export Prices by Country
The average ABS copolymers export price stood at $X per ton in 2021, increasing by 55% against the previous year. Overall, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Romania ($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 (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.
Abs Copolymers Imports
Imports into Bulgaria
In 2021, purchases abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms was finally on the rise to reach X tons after two years of decline. Over the period under review, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ABS copolymers imports soared to $X in 2021. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
Germany (X tons), South Korea (X tons) and Italy (X tons) were the main suppliers of ABS copolymers imports to Bulgaria, together accounting for 76% of total imports. These countries were followed by Belgium, Austria, Poland, Romania and Spain, which together accounted for a further 15%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +68.8%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X) constituted the largest supplier of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms to Bulgaria, comprising 39% of total imports. The second position in the ranking was held by South Korea ($X), with a 19% share of total imports. It was followed by Italy, with a 17% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+37.8% per year) and Italy (+26.6% per year).
Import Prices by Country
In 2021, the average ABS copolymers import price amounted to $X per ton, jumping by 33% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the abs copolymers 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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