Report Update Nov 1, 2024

Bulgaria - Ammonium Sulphate - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bulgaria: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in Bulgaria

In 2022, the Bulgarian ammonium sulphate market increased by 17% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Ammonium Sulphate Production in Bulgaria

In value terms, ammonium sulphate production stood at $X in 2022 estimated in export price. In general, production, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 42% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Ammonium Sulphate Exports

Exports from Bulgaria

In 2022, the amount of ammonium sulphate exported from Bulgaria fell remarkably to X tons, which is down by -60% against 2021. Overall, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2015 when exports increased by 828% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ammonium sulphate exports dropped markedly to $X in 2022. In general, exports recorded a deep setback. The growth pace was the most rapid in 2015 with an increase of 570%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for ammonium sulphate exports from Bulgaria, accounting for a 72% share of total exports. Moreover, ammonium sulphate exports to Romania exceeded the volume sent to the second major destination, Greece (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Romania amounted to -16.5%.

In value terms, Romania ($X) emerged as the key foreign market for ammonium sulphate exports from Bulgaria, comprising 73% of total exports. The second position in the ranking was held by Greece ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Romania stood at -11.8%.

Export Prices by Country

The average ammonium sulphate export price stood at $X per ton in 2022, rising by 28% against the previous year. Overall, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 123% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Greece totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+8.2%).

Ammonium Sulphate Imports

Imports into Bulgaria

In 2022, purchases abroad of ammonium sulphate increased by 83% to X tons, rising for the second consecutive year after two years of decline. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 552%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, ammonium sulphate imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 308% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Romania (X tons), Serbia (X tons) and China (X tons) were the main suppliers of ammonium sulphate imports to Bulgaria, together comprising 88% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +77.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) constituted the largest supplier of ammonium sulphate to Bulgaria, comprising 58% of total imports. The second position in the ranking was held by Serbia ($X), with a 20% share of total imports. It was followed by Russia, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Romania amounted to +47.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+33.7% per year) and Russia (+11.6% per year).

Import Prices by Country

The average ammonium sulphate import price stood at $X per ton in 2022, rising by 80% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+41.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ammonium sulphate in the world?

The countries with the highest volumes of ammonium sulphate consumption in 2021 were Brazil, the United States and Indonesia, with a combined 32% share of global consumption. These countries were followed by Russia, China, Vietnam, Turkey, India, Mexico, Canada, Belgium, the Philippines and Taiwan Chinese), which together accounted for a further 33%.

What are the largest producers of ammonium sulphate in the world?

China remains the largest ammonium sulphate producing country worldwide, accounting for 34% of total volume. Moreover, ammonium sulphate production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Belgium, with a 7.7% share.

What are the leading suppliers of ammonium sulphate to Bulgaria?

In value terms, Croatia constituted the largest supplier of ammonium sulphate to Bulgaria, comprising 39% of total imports. The second position in the ranking was occupied by Belgium, with a 17% share of total imports. It was followed by Romania, with a 16% share.

What are the leading importers of ammonium sulphate from Bulgaria?

In value terms, Greece and Romania appeared to be the largest markets for ammonium sulphate exported from Bulgaria worldwide.

What is the average export price for ammonium sulphate in Bulgaria?

In 2021, the average ammonium sulphate export price amounted to $347 per ton, with an increase of 48% against the previous year.

What is the average import price for ammonium sulphate in Bulgaria?

The average ammonium sulphate import price stood at $210 per ton in 2021, with an increase of 3.7% against the previous year.

This report provides an in-depth analysis of the ammonium sulphate 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:

FCL 4002 -

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