Report Update Nov 1, 2024

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

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Bulgaria: Coal Market 2024

Coal Market Size in Bulgaria

In 2022, the Bulgarian coal market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, showed a noticeable contraction. Coal consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Coal Production in Bulgaria

In value terms, coal production reduced slightly to $X in 2022 estimated in export price. Overall, production showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Coal production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Coal Exports

Exports from Bulgaria

After two years of decline, shipments abroad of coal increased by X% to X tons in 2022. In general, exports saw a slight increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coal exports surged to $X in 2022. Over the period under review, exports posted a measured increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Serbia (X tons) was the main destination for coal exports from Bulgaria, accounting for a X% share of total exports. Moreover, coal exports to Serbia exceeded the volume sent to the second major destination, Greece (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Serbia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Romania (X% per year).

In value terms, Serbia ($X), Greece ($X) and Romania ($X) appeared to be the largest markets for coal exported from Bulgaria worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Serbia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average coal export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price saw a noticeable expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (X%), while the prices for the other major destinations experienced a decline.

Coal Imports

Imports into Bulgaria

In 2022, supplies from abroad of coal increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports, however, showed a perceptible descent. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, coal imports surged to $X in 2022. Overall, imports posted a perceptible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest coal supplier to Bulgaria, accounting for a X% share of total imports. Moreover, coal imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. The third position in this ranking was taken by South Africa (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and South Africa (X% per year).

In value terms, Russia ($X) constituted the largest supplier of coal to Bulgaria, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Spain (X% per year).

Import Prices by Country

The average coal import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price showed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for coal in the world?

China remains the largest coal consuming country worldwide, accounting for 51% of total volume. Moreover, coal consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. The United States ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of coal in the world?

China remains the largest coal producing country worldwide, accounting for 47% of total volume. Moreover, coal production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Indonesia ranked third in terms of total production with an 8.6% share.

What are the leading suppliers of coal to Bulgaria?

In value terms, Russia constituted the largest supplier of coal to Bulgaria, comprising 90% of total imports. The second position in the ranking was occupied by South Africa, with a 4.6% share of total imports.

What are the leading importers of coal from Bulgaria?

In value terms, Serbia remains the key foreign market for coal exports from Bulgaria, comprising 43% of total exports. The second position in the ranking was occupied by North Macedonia, with a 5% share of total exports.

What is the average export price for coal in Bulgaria?

In 2021, the average coal export price amounted to $61 per ton, picking up by 12% against the previous year.

What is the average import price for coal in Bulgaria?

The average coal import price stood at $128 per ton in 2021, jumping by 21% against the previous year.

This report provides an in-depth analysis of the coal 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