Bulgaria: Disinfectant Market 2022

Disinfectant Market Size in Bulgaria

In 2021, the Bulgarian disinfectant market increased by X% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, consumption enjoyed a perceptible increase. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Disinfectant Production in Bulgaria

In value terms, disinfectant production shrank significantly to $X in 2021 estimated in export price. In general, production, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X, and then declined rapidly in the following year.

Disinfectant Exports

Exports from Bulgaria

In 2021, shipments abroad of disinfectants decreased by -X% to X tons for the first time since 2013, thus ending a seven-year rising trend. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, disinfectant exports dropped dramatically to $X in 2021. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

Greece (X tons) was the main destination for disinfectant exports from Bulgaria, accounting for a X% share of total exports. Moreover, disinfectant exports to Greece exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was taken by Romania (X tons), with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Greece totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Romania (+X% per year).

In value terms, Greece ($X), Romania ($X) and the UK ($X) constituted the largest markets for disinfectant exported from Bulgaria worldwide, together comprising X% of total exports. These countries were followed by France, Georgia, the Netherlands, the Czech Republic, Moldova, Germany, Pakistan, Hong Kong SAR, North Macedonia and Turkey, which together accounted for a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average disinfectant export price amounted to $X per ton, waning by -X% against the previous year. Overall, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Moldova ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

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

Disinfectant Imports

Imports into Bulgaria

After four years of growth, purchases abroad of disinfectants decreased by -X% to X tons in 2021. Overall, imports recorded a perceptible descent. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, disinfectant imports fell remarkably to $X in 2021. Over the period under review, imports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at $X in 2020, and then contracted significantly in the following year.

Imports by Country

Romania (X tons), Germany (X tons) and France (X tons) were the main suppliers of disinfectant imports to Bulgaria, with a combined X% share of total imports. The UK, Austria, Denmark, South Korea, Switzerland, Italy, Belgium, Slovakia, Poland and Spain lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) constituted the largest supplier of disinfectant to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Romania amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The average disinfectant import price stood at $X per ton in 2021, dropping by -X% against the previous year. Over the period under review, the import price, however, saw a prominent increase. The pace of growth was the most pronounced in 2016 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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