Bulgaria: Medicaments Containing Penicillin Market 2025

Medicaments Containing Penicillin Market Size in Bulgaria

The Bulgarian medicaments containing penicillin market skyrocketed to $X in 2021, growing by 24% against the previous year. Overall, consumption saw a resilient increase. Medicaments containing penicillin consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Medicaments Containing Penicillin Production in Bulgaria

In value terms, medicaments containing penicillin production surged to $X in 2021 estimated in export price. Over the period under review, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 92%. Medicaments containing penicillin production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Medicaments Containing Penicillin Exports

Exports from Bulgaria

Medicaments containing penicillin exports from Bulgaria amounted to X kg in 2021, remaining stable against the year before. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 5,789% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, medicaments containing penicillin exports amounted to $X in 2021. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2019 with an increase of 10,647%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X kg) was the main destination for medicaments containing penicillin exports from Bulgaria, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

In 2021, the average medicaments containing penicillin export price amounted to $X per ton, remaining constant against the previous year. Overall, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 83% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for Indonesia amounted to +27.7% per year.

Medicaments Containing Penicillin Imports

Imports into Bulgaria

In 2021, approx. X tons of medicaments containing penicillins or derivatives thereof were imported into Bulgaria; flattening at the previous year's figure. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2019 with an increase of 200%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, medicaments containing penicillin imports stood at $X in 2021. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 517% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Malta (X tons) was the main supplier of medicaments containing penicillin to Bulgaria, with a 98% share of total imports. It was followed by Italy (X kg), with a 2.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Malta was relatively modest.

In value terms, Italy ($X) constituted the largest supplier of medicaments containing penicillins or derivatives thereof to Bulgaria, comprising 67% of total imports. The second position in the ranking was held by Malta ($X), with a 33% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +42.8%.

Import Prices by Country

In 2021, the average medicaments containing penicillin import price amounted to $X per kg, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2019 an increase of 191% against the previous year. The import price peaked at $X per kg 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 Italy ($X per kg), while the price for Malta amounted to $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-14.0%).

Source: IndexBox Platform

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