Report Update Nov 1, 2024

Bulgaria - Direct Dyes and Preparations Based Thereon - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Direct Dye Market 2024

Direct Dye Market Size in Bulgaria

The Bulgarian direct dye market contracted sharply to $X in 2021, which is down by -22.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Direct Dye Exports

Exports from Bulgaria

Direct dye exports from Bulgaria shrank dramatically to X tons in 2020, with a decrease of -80.4% against the year before. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of 410% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

In value terms, direct dye exports declined dramatically to $X in 2020. Overall, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2016 when exports increased by 415% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2020, the exports failed to regain momentum.

Exports by Country

Georgia (X tons) was the main destination for direct dye exports from Bulgaria, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Georgia stood at -17.2%.

In value terms, Georgia ($X) also remains the key foreign market for direct dyes and preparations based thereon exports from Bulgaria.

From 2012 to 2020, the average annual rate of growth in terms of value to Georgia stood at -80.1%.

Export Prices by Country

The average direct dye export price stood at $X per ton in 2020, with a decrease of -51% against the previous year. Over the period under review, the export price recorded a pronounced descent. The pace of growth was the most pronounced in 2018 an increase of 29%. The export price peaked at $X per ton in 2019, and then declined dramatically in the following year.

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

From 2012 to 2020, the rate of growth in terms of prices for Greece amounted to +22.8% per year.

Direct Dye Imports

Imports into Bulgaria

In 2021, imports of direct dyes and preparations based thereon into Bulgaria dropped dramatically to X tons, waning by -23.5% compared with 2020 figures. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 70%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, direct dye imports dropped notably to $X in 2021. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest direct dye supplier to Bulgaria, with a 71% share of total imports. Moreover, direct dye imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. Slovenia (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +44.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+9.5% per year) and Slovenia (-15.7% per year).

In value terms, Italy ($X), Turkey ($X) and Slovenia ($X) constituted the largest direct dye suppliers to Bulgaria, with a combined 93% share of total imports.

Italy, with a CAGR of +13.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average direct dye import price stood at $X per ton in 2021, shrinking by -2.4% against the previous year. Over the period under review, the import price showed a perceptible setback. The pace of growth was the most pronounced in 2019 an increase of 18%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($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 (+10.8%), 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 direct dyes and preparations based thereon in the world?

China remains the largest direct dye consuming country worldwide, comprising approx. 25% of total volume. Moreover, direct dye consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with an 8.8% share.

What are the largest producers of direct dyes and preparations based thereon in the world?

The countries with the highest volumes of direct dye production in 2020 were China, India and the United States, together comprising 53% of global production. Indonesia, Spain, Pakistan, Brazil, Japan, Nigeria, Mexico, the UK and Turkey lagged somewhat behind, together accounting for a further 30%.

What are the leading suppliers of direct dyes and preparations based thereon to Bulgaria?

In value terms, Slovenia, Turkey and Italy were the largest direct dye suppliers to Bulgaria, together comprising 89% of total imports.

What is the average export price for direct dyes and preparations based thereon in Bulgaria?

In 2020, the average direct dye export price amounted to $2,854 per ton, dropping by -50% against the previous year.

What is the average import price for direct dyes and preparations based thereon in Bulgaria?

In 2020, the average direct dye import price amounted to $3,422 per ton, increasing by 27% against the previous year.

This report provides an in-depth analysis of the direct dye 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:

Prodcom 20122140 - Direct dyes and preparations based thereon

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