Bulgaria: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2025

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Bulgaria

In 2021, the Bulgarian market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -97.3% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption saw a significant curtailment. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports from Bulgaria

In 2020, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Bulgaria reduced sharply to X kg, with a decrease of -66.7% compared with 2019 figures. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2014 with an increase of 249%. As a result, the exports attained the peak of X kg. From 2015 to 2020, the growth of the exports of failed to regain momentum.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals surged to $X in 2020. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 252%. The exports peaked at $X in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

Exports by Country

Germany (X kg) was the main destination for exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Bulgaria, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Germany totaled +42.5%.

In value terms, Germany ($X) emerged as the key foreign market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals exports from Bulgaria.

From 2012 to 2020, the average annual rate of growth in terms of value to Germany stood at +38.9%.

Export Prices by Country

The average export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X per ton in 2020, increasing by 837% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2020, the rate of growth in terms of prices for Romania amounted to +16.5% per year.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports into Bulgaria

After two years of growth, overseas purchases of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -98.1% to X kg in 2021. Over the period under review, imports saw a sharp slump. The growth pace was the most rapid in 2015 when imports increased by 544% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals declined sharply to $X in 2021. Overall, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2015 with an increase of 386%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Turkey (X kg) constituted the largest supplier of chlorides and phosphorus oxychloride and halides to Bulgaria, accounting for a 68% share of total imports. Moreover, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Turkey exceeded the figures recorded by the second-largest supplier, Austria (X kg), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +23.7%.

In value terms, Austria ($X) and Turkey ($X) were the largest chlorides and phosphorus oxychloride and halides suppliers to Bulgaria.

Austria, with a CAGR of +23.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X per ton in 2021, rising by 505% against the previous year. Over the period under review, the import price enjoyed perceptible growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+19.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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