Bulgaria: Market for Anionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Anionic Surface-Active Agents (Excluding Soap) in Bulgaria

The Bulgarian market for anionic surface-active agents (excluding soap) declined modestly to $X in 2021, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Exports of Anionic Surface-Active Agents (Excluding Soap)

Exports from Bulgaria

In 2021, shipments abroad of anionic surface-active agents (excluding soap) increased by 19% to X tons, rising for the fifth year in a row after two years of decline. Overall, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +106.5% against 2016 indices. The pace of growth was the most pronounced in 2019 when exports increased by 31%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, anionic surface-active agents (excl. soap) exports soared to $X in 2021. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 77% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Greece (X tons), North Macedonia (X tons) and Malta (X tons) were the main destinations of anionic surface-active agents (excl. soap) exports from Bulgaria, with a combined 95% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Malta (with a CAGR of +124.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X) remains the key foreign market for anionic surface-active agents (excluding soap) exports from Bulgaria, comprising 58% of total exports. The second position in the ranking was held by Malta ($X), with a 20% share of total exports. It was followed by North Macedonia, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Greece totaled +26.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malta (+190.3% per year) and North Macedonia (+33.5% per year).

Export Prices by Country

In 2021, the average export price for anionic surface-active agents (excluding soap) amounted to $X per ton, flattening at the previous year. In general, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +8.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, anionic surface-active agents (excl. soap) export price increased by +52.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 51%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Malta ($X per ton), while the average price for exports to North Macedonia ($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 Malta (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anionic Surface-Active Agents (Excluding Soap)

Imports into Bulgaria

In 2021, the amount of anionic surface-active agents (excluding soap) imported into Bulgaria reduced to X tons, which is down by -13% against the previous year's figure. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 42%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, anionic surface-active agents (excl. soap) imports stood at $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 48% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Greece (X tons) constituted the largest anionic surface-active agents (excl. soap) supplier to Bulgaria, accounting for a 48% share of total imports. Moreover, anionic surface-active agents (excl. soap) imports from Greece exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Turkey (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Greece totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.5% per year) and Turkey (-3.9% per year).

In value terms, Greece ($X) constituted the largest supplier of anionic surface-active agents (excluding soap) to Bulgaria, comprising 47% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by Turkey, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value from Greece stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.1% per year) and Turkey (-2.6% per year).

Import Prices by Country

In 2021, the average import price for anionic surface-active agents (excluding soap) amounted to $X per ton, increasing by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Germany ($X per ton) and Italy ($X per ton), while the price for Turkey ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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