Report Update Nov 1, 2024

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

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Bulgaria: Cadmium Market 2024

Cadmium Market Size in Bulgaria

In 2022, the Bulgarian cadmium market increased by 987% to $X, rising for the second year in a row after four years of decline. Over the period under review, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cadmium Production in Bulgaria

In value terms, cadmium production dropped slightly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 42%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Cadmium Exports

Exports from Bulgaria

In 2021, the amount of cadmium exported from Bulgaria was estimated at X tons, remaining constant against the previous year's figure. Overall, exports, however, continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2019 when exports increased by 88% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, cadmium exports rose notably to $X in 2021. In general, exports, however, continue to indicate a slight contraction. The growth pace was the most rapid in 2017 with an increase of 150%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for cadmium exports from Bulgaria, accounting for a 83% share of total exports. Moreover, cadmium exports to India exceeded the volume sent to the second major destination, Malaysia (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to India stood at +13.2%.

In value terms, India ($X) remains the key foreign market for cadmium exports from Bulgaria, comprising 81% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to India totaled +15.4%.

Export Prices by Country

The average cadmium export price stood at $X per ton in 2021, surging by 11% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cadmium export price decreased by -14.1% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to India totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cadmium Imports

Imports into Bulgaria

In 2021, purchases abroad of cadmium decreased by 0% to X kg, falling for the second year in a row after three years of growth. In general, imports posted buoyant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 135%. As a result, imports reached the peak of X kg. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, cadmium imports totaled $X in 2021. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 124% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Germany (X kg) was the main supplier of cadmium to Bulgaria, accounting for a approx. 100% share of total imports.

From 2013 to 2021, the average annual growth rate of volume from Germany amounted to +7.7%.

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

From 2013 to 2021, the average annual growth rate of value from Germany amounted to +22.4%.

Import Prices by Country

The average cadmium import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the import price recorded resilient growth. The pace of growth appeared the most rapid in 2016 an increase of 200% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in years to come.

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

From 2013 to 2021, the rate of growth in terms of prices for Germany amounted to +13.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cadmium in the world?

China constituted the country with the largest volume of cadmium consumption, comprising approx. 47% of total volume. Moreover, cadmium consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Belgium ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of cadmium in the world?

The countries with the highest volumes of cadmium production in 2020 were China, South Korea and Kazakhstan, with a combined 59% share of global production. These countries were followed by Japan, Canada, Russia, Mexico, the Netherlands, France, Germany, Peru, the United States and Uzbekistan, which together accounted for a further 35%.

What are the leading importers of cadmium from Bulgaria?

In value terms, India remains the key foreign market for cadmium exports from Bulgaria, comprising 93% of total exports. The second position in the ranking was occupied by Malaysia, with a 7.4% share of total exports.

What is the average export price for cadmium in Bulgaria?

In 2020, the average cadmium export price amounted to $2,142 per ton, falling by -17.4% against the previous year.

This report provides an in-depth analysis of the cadmium 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:

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