Report Update Nov 1, 2024

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

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Bulgaria: Fluoropolymers Market 2024

Fluoropolymers Market Size in Bulgaria

The Bulgarian fluoropolymers market surged to $X in 2021, increasing by 94% 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). Over the period under review, consumption continues to indicate a resilient increase. Fluoropolymers consumption peaked in 2021 and is expected to retain growth in the immediate term.

Fluoropolymers Exports

Exports from Bulgaria

In 2021, overseas shipments of fluoropolymers were finally on the rise to reach X tons after two years of decline. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 10,856%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, fluoropolymers exports surged to $X in 2021. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 6,128% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Iran (X tons), Turkey (X tons) and Austria (X kg) were the main destinations of fluoropolymers exports from Bulgaria, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Iran ($X) emerged as the key foreign market for fluoropolymers exports from Bulgaria, comprising 77% of total exports. The second position in the ranking was held by Turkey ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Iran was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Austria (-6.1% per year).

Export Prices by Country

In 2021, the average fluoropolymers export price amounted to $X per ton, growing by 106% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Austria ($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 Ukraine (+20.6%), while the prices for the other major destinations experienced mixed trend patterns.

Fluoropolymers Imports

Imports into Bulgaria

In 2021, overseas purchases of fluoropolymers increased by 101% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2017 when imports increased by 430% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, fluoropolymers imports surged to $X in 2021. Over the period under review, imports showed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 218%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Greece (X tons), Germany (X tons) and China (X tons) were the main suppliers of fluoropolymers imports to Bulgaria, with a combined 84% share of total imports. These countries were followed by India, France, Italy and Romania, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +166.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and China ($X) constituted the largest fluoropolymers suppliers to Bulgaria, with a combined 67% share of total imports.

France, with a CAGR of +122.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fluoropolymers import price stood at $X per ton in 2021, picking up by 3.1% against the previous year. Overall, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained 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 France ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fluoropolymers in the world?

China remains the largest fluoropolymers consuming country worldwide, accounting for 23% of total volume. Moreover, fluoropolymers consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of fluoropolymers in the world?

China remains the largest fluoropolymers producing country worldwide, accounting for 27% of total volume. Moreover, fluoropolymers production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of fluoropolymers to Bulgaria?

In value terms, Germany, China and France constituted the largest fluoropolymers suppliers to Bulgaria, together accounting for 78% of total imports.

What are the leading importers of fluoropolymers from Bulgaria?

In value terms, Greece emerged as the key foreign market for fluoropolymers exports from Bulgaria, comprising 65% of total exports. The second position in the ranking was occupied by North Macedonia, with a 19% share of total exports. It was followed by Germany, with an 8% share.

What is the average export price for fluoropolymers in Bulgaria?

The average fluoropolymers export price stood at $13,264 per ton in 2020, waning by -25.9% against the previous year.

What is the average import price for fluoropolymers in Bulgaria?

The average fluoropolymers import price stood at $10,167 per ton in 2020, falling by -31.6% against the previous year.

This report provides an in-depth analysis of the fluoropolymers 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 20163060 - Fluoropolymers

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