Bulgaria: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Bulgaria

In 2021, after two years of growth, there was significant decline in the Bulgarian medicaments of other antibiotics market, when its value decreased by -X% to $X. Over the period under review, consumption continues to indicate a abrupt curtailment. Medicaments of other antibiotics consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Medicaments Of Other Antibiotics in Bulgaria

In value terms, medicaments of other antibiotics production expanded sharply to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Medicaments of other antibiotics production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Bulgaria

In 2021, after seven years of growth, there was decline in shipments abroad of medicaments of other antibiotics, when their volume decreased by -X% to X tons. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2020, and then shrank modestly in the following year.

In value terms, medicaments of other antibiotics exports contracted to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then reduced in the following year.

Exports by Country

India (X tons), the United States (X tons) and Russia (X tons) were the main destinations of medicaments of other antibiotics exports from Bulgaria, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the United States ($X) and Spain ($X) were the largest markets for medicaments of other antibiotics exported from Bulgaria worldwide, with a combined X% share of total exports.

Russia, with a CAGR of +X%, recorded 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 medicaments of other antibiotics export price amounted to $X per ton, declining by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Brazil ($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 France (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Other Antibiotics

Imports into Bulgaria

In 2021, imports of medicaments of other antibiotics into Bulgaria rose markedly to X tons, surging by X% compared with 2020. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, medicaments of other antibiotics imports surged to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Greece (X tons), Slovenia (X tons) and the Netherlands (X tons) were the main suppliers of medicaments of other antibiotics imports to Bulgaria, together accounting for X% of total imports. Italy, Cyprus, Spain, Germany, Austria and France 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 Austria (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Italy ($X) and Cyprus ($X) appeared to be the largest medicaments of other antibiotics suppliers to Bulgaria, together comprising X% of total imports. The Netherlands, France, Germany, Greece, Austria and Spain lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded 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 medicaments of other antibiotics import price stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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