Bulgaria: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Bulgaria

The Bulgarian mixed alkylbenzenes, mixed alkylnaphthalenes market fell remarkably to $X in 2021, dropping by -42.3% 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, however, posted a tangible expansion. Mixed alkylbenzenes, mixed alkylnaphthalenes consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from Bulgaria

In 2021, the amount of mixed alkylbenzenes, mixed alkylnaphthalenes exported from Bulgaria declined sharply to X tons, dropping by -61.2% against the previous year. In general, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2013 with an increase of 269%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports shrank sharply to $X in 2021. Over the period under review, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of 200%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

North Macedonia (X tons) was the main destination for mixed alkylbenzenes, mixed alkylnaphthalenes exports from Bulgaria, accounting for a 86% share of total exports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes exports to North Macedonia exceeded the volume sent to the second major destination, Serbia (X kg), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to North Macedonia amounted to +1.4%.

In value terms, North Macedonia ($X) emerged as the key foreign market for mixed alkylbenzenes, mixed alkylnaphthalenes exports from Bulgaria, comprising 92% of total exports. The second position in the ranking was held by Serbia ($X), with an 8.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to North Macedonia totaled -2.2%.

Export Prices by Country

The average mixed alkylbenzenes, mixed alkylnaphthalenes export price stood at $X per ton in 2021, growing by 27% against the previous year. Overall, the export price, however, recorded a pronounced contraction. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Serbia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-1.8%), while the prices for the other major destinations experienced a decline.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into Bulgaria

In 2021, approx. X tons of mixed alkylbenzenes, mixed alkylnaphthalenes were imported into Bulgaria; shrinking by -47.6% on 2020. Over the period under review, imports, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 262% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports dropped dramatically to $X in 2021. In general, imports, however, saw a perceptible expansion. The growth pace was the most rapid in 2014 when imports increased by 175% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Bulgaria, with a 80% share of total imports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+28.5% per year) and Belgium (+3.2% per year).

In value terms, Italy ($X) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Bulgaria, comprising 73% of total imports. The second position in the ranking was taken by Germany ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.5% per year) and Belgium (-3.3% per year).

Import Prices by Country

The average mixed alkylbenzenes, mixed alkylnaphthalenes import price stood at $X per ton in 2021, picking up by 9.6% against the previous year. In general, the import price, however, saw a noticeable slump. The growth pace was the most rapid in 2013 an increase of 30%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat 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 Italy (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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