Bulgaria: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Bulgaria

For the third year in a row, the Bulgarian market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof recorded decline in sales value, which decreased by -15.7% to $X in 2022. In general, consumption, however, saw a notable increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Bulgaria

In 2019, overseas shipments of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof were finally on the rise to reach X tons after two years of decline. In general, exports, however, continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2016 with an increase of 54%. As a result, the exports reached the peak of X tons. From 2017 to 2019, the growth of the exports of remained at a lower figure.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof skyrocketed to $X in 2019. Overall, exports, however, saw a deep setback. The exports peaked at $X in 2014; however, from 2015 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

North Macedonia (X tons) and Iran (X tons) were the main destinations of exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Bulgaria.

From 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iran (with a CAGR of 0.0%).

In value terms, the largest markets for cyclanic, cyclenic or cycloterpenic mono- or polyamines exported from Bulgaria were North Macedonia ($X) and Iran ($X).

Among the main countries of destination, Iran, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2019, the average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, surging by 3% against the previous year. Overall, the export price, however, saw a perceptible decline. The pace of growth was the most pronounced in 2017 an increase of 13%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2019, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2019, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to North Macedonia stood at $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (-2.8%).

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Bulgaria

For the third consecutive year, Bulgaria recorded decline in overseas purchases of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof, which decreased by -25.7% to X tons in 2022. Over the period under review, imports recorded a mild curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 53%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof reduced to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 163%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines supplier to Bulgaria, with a 72% share of total imports. Moreover, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+49.4% per year) and Hungary (-22.2% per year).

In value terms, Germany ($X) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Bulgaria, comprising 80% of total imports. The second position in the ranking was held by Belgium ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+49.0% per year) and Hungary (-26.0% per year).

Import Prices by Country

In 2022, the average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, jumping by 26% against the previous year. In general, the import price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 93%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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