Bulgaria: Market for Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations 2025

Market Size for Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations in Bulgaria

In 2021, the Bulgarian artificial and colloidal graphite market decreased by -9.3% to $X, falling for the third year in a row after two years of growth. Overall, consumption, however, recorded pronounced growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations

Exports from Bulgaria

In 2021, the amount of artificial graphite, colloidal, semi-colloidal graphite and preparations exported from Bulgaria soared to X tons, jumping by 123% on the previous year's figure. Overall, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 212%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, artificial and colloidal graphite exports surged to $X in 2021. Over the period under review, exports, however, faced a sharp setback. The pace of growth was the most pronounced in 2013 with an increase of 175% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for artificial and colloidal graphite exports from Bulgaria, accounting for a 72% share of total exports. Moreover, artificial and colloidal graphite exports to France exceeded the volume sent to the second major destination, Cyprus (X kg), sevenfold. North Macedonia (X kg) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at -16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (0.0% per year) and North Macedonia (+13.8% per year).

In value terms, France ($X) remains the key foreign market for artificial graphite, colloidal, semi-colloidal graphite and preparations exports from Bulgaria, comprising 58% of total exports. The second position in the ranking was held by North Macedonia ($X), with a 25% share of total exports. It was followed by Slovakia, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+37.7% per year) and Slovakia (+228.5% per year).

Export Prices by Country

The average artificial and colloidal graphite export price stood at $X per ton in 2021, falling by -42.9% against the previous year. Over the period under review, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 154%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Cyprus ($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 North Macedonia (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations

Imports into Bulgaria

In 2021, approx. X tons of artificial graphite, colloidal, semi-colloidal graphite and preparations were imported into Bulgaria; with a decrease of -31% on 2020. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by 61%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, artificial and colloidal graphite imports amounted to $X in 2021. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 73%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Slovenia (X tons) constituted the largest supplier of artificial and colloidal graphite to Bulgaria, accounting for a 82% share of total imports. Moreover, artificial and colloidal graphite imports from Slovenia exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Slovenia totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (-20.5% per year) and Germany (+16.1% per year).

In value terms, Germany ($X) constituted the largest supplier of artificial graphite, colloidal, semi-colloidal graphite and preparations to Bulgaria, comprising 38% of total imports. The second position in the ranking was held by Slovenia ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +43.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (-0.8% per year) and Slovakia (-15.8% per year).

Import Prices by Country

In 2021, the average artificial and colloidal graphite import price amounted to $X per ton, jumping by 46% against the previous year. In general, the import price recorded resilient growth. As a result, import price reached 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 Germany ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+23.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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