Bulgaria: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in Bulgaria

The Bulgarian anti-oxidising preparations market stood at less than $X in 2022, standing approx. at the previous year. Overall, consumption continues to indicate a sharp shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Anti-Oxidising Preparations Production in Bulgaria

In value terms, anti-oxidising preparations production stood at less than $X in 2022 estimated in export price. Overall, production recorded a deep setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Anti-oxidising preparations production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Anti-Oxidising Preparations Exports

Exports from Bulgaria

In 2016, the amount of anti-oxidising preparations and other compounds stabilisers for rubber or plastics exported from Bulgaria fell significantly to X tons, which is down by X% against 2015. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015, and then reduced notably in the following year.

In value terms, anti-oxidising preparations exports declined dramatically to $X in 2016. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2016, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Iran (X tons) was the main destination for anti-oxidising preparations exports from Bulgaria, with a X% share of total exports. Moreover, anti-oxidising preparations exports to Iran exceeded the volume sent to the second major destination, Serbia (X tons), tenfold.

From 2012 to 2016, the average annual growth rate of volume to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Albania (X% per year).

In value terms, Iran ($X) remains the key foreign market for anti-oxidising preparations and other compounds stabilisers for rubber or plastics exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Albania ($X), with a X% share of total exports.

From 2012 to 2016, the average annual growth rate of value to Iran amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and Serbia (X% per year).

Export Prices by Country

The average anti-oxidising preparations export price stood at $X per ton in 2016, surging by X% against the previous year. In general, the export price, however, faced a dramatic decrease. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2016, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2016, amid the top suppliers, the country with the highest price was Albania ($X per ton), while the average price for exports to Iran ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Anti-Oxidising Preparations Imports

Imports into Bulgaria

In 2016, approx. X tons of anti-oxidising preparations and other compounds stabilisers for rubber or plastics were imported into Bulgaria; remaining relatively unchanged against the year before. Overall, imports, however, recorded a mild descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2016, the growth of imports remained at a lower figure.

In value terms, anti-oxidising preparations imports expanded to $X in 2016. In general, imports, however, continue to indicate a perceptible descent. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2016, imports remained at a lower figure.

Imports by Country

Germany (X tons), Austria (X tons) and Turkey (X tons) were the main suppliers of anti-oxidising preparations imports to Bulgaria, together accounting for X% of total imports. Italy, Belgium and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest anti-oxidising preparations suppliers to Bulgaria were Austria ($X), Germany ($X) and Turkey ($X), together accounting for X% of total imports. Belgium, Italy and Spain lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average anti-oxidising preparations import price stood at $X per ton in 2016, rising by X% against the previous year. Overall, the import price, however, saw a noticeable reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2016, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :