Report Update Nov 1, 2024

Bulgaria - Acrylonitrile - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Acrylonitrile Market 2024

Acrylonitrile Market Size in Bulgaria

The Bulgarian acrylonitrile market expanded notably to $X in 2021, with an increase of 13% against the previous year. Overall, consumption, however, saw a noticeable contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Acrylonitrile Production in Bulgaria

In value terms, acrylonitrile production surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible slump. Acrylonitrile production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Acrylonitrile Exports

Exports from Bulgaria

For the seventh year in a row, Bulgaria recorded decline in shipments abroad of acrylonitrile, which decreased by -20% to X tons in 2019. In general, exports continue to indicate a dramatic downturn. The smallest decline of -20% was in 2016. The exports peaked at X tons in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, acrylonitrile exports shrank dramatically to $X in 2019. Overall, exports saw a significant decline. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for acrylonitrile exports from Bulgaria, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to the Netherlands totaled -20.0%.

In value terms, the Netherlands ($X) also remains the key foreign market for acrylonitrile exports from Bulgaria.

From 2012 to 2019, the average annual growth rate of value to the Netherlands stood at -20.0%.

Export Prices by Country

The average acrylonitrile export price stood at $X per ton in 2019, approximately reflecting the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by less than 0.1%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2019.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2019, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Acrylonitrile Imports

Imports into Bulgaria

In 2020, the amount of acrylonitrile imported into Bulgaria fell markedly to X kg, dropping by -27.9% on 2019. Over the period under review, imports faced a dramatic slump. The pace of growth was the most pronounced in 2014 with an increase of 320% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, acrylonitrile imports expanded slightly to $X in 2020. In general, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of 273% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X kg) was the main acrylonitrile supplier to Bulgaria, accounting for a approx. 100% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Germany was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of acrylonitrile to Bulgaria.

From 2012 to 2020, the average annual rate of growth in terms of value from Germany was relatively modest.

Import Prices by Country

In 2020, the average acrylonitrile import price amounted to $X per ton, with an increase of 45% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2020: its price increased at an average annual rate of +6.1% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average import price increased by 95% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2020, the average import prices remained at a lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Italy amounted to +95.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylonitrile in the world?

The countries with the highest volumes of acrylonitrile consumption in 2020 were the United States, Turkey and the UK, together comprising 39% of global consumption. China, the Netherlands, Japan, Malaysia, India, Taiwan Chinese), France, Mexico, the United Arab Emirates and Belgium lagged somewhat behind, together comprising a further 50%.

What are the largest producers of acrylonitrile in the world?

The country with the largest volume of acrylonitrile production was the United States, accounting for 43% of total volume. Moreover, acrylonitrile production in the United States exceeded the figures recorded by the second-largest producer, Japan, fourfold. The third position in this ranking was occupied by the UK, with a 10% share.

What are the leading suppliers of acrylonitrile to Bulgaria?

In value terms, Germany $922) constituted the largest supplier of acrylonitrile to Bulgaria.

What are the leading importers of acrylonitrile from Bulgaria?

In value terms, Turkey remains the key foreign market for acrylonitrile exports from Bulgaria, comprising 56% of total exports. The second position in the ranking was occupied by Portugal, with a 14% share of total exports. It was followed by Hungary, with a 12% share.

What is the average export price for acrylonitrile in Bulgaria?

In 2008, the average acrylonitrile export price amounted to $1,803 per ton, increasing by 3.9% against the previous year.

What is the average import price for acrylonitrile in Bulgaria?

In 2020, the average acrylonitrile import price amounted to $3,245 per ton, with an increase of 45% against the previous year.

This report provides an in-depth analysis of the acrylonitrile 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 20144350 - Acrylonitrile

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