Bulgaria: Nitrogenous Fertilizer Market 2025

Nitrogenous Fertilizer Market Size in Bulgaria

For the third year in a row, the Bulgarian nitrogenous fertilizer market recorded growth in sales value, which increased by X% to $X in 2022. In general, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Nitrogenous Fertilizer Production in Bulgaria

In value terms, nitrogenous fertilizer production expanded significantly to $X in 2022 estimated in export price. Overall, production, however, saw a slight setback. Nitrogenous fertilizer production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Nitrogenous Fertilizer Exports

Exports from Bulgaria

In 2022, the amount of nitrogenous fertilizers (mineral or chemical) exported from Bulgaria soared to X tons, surging by X% compared with the previous year. Over the period under review, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nitrogenous fertilizer exports skyrocketed to $X in 2022. Overall, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Romania (X tons) was the main destination for nitrogenous fertilizer exports from Bulgaria, accounting for a X% share of total exports. Moreover, nitrogenous fertilizer exports to Romania exceeded the volume sent to the second major destination, India (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and the United States (X% per year).

In value terms, Romania ($X) remains the key foreign market for nitrogenous fertilizers (mineral or chemical) exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the average nitrogenous fertilizer export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price showed a measured increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrogenous Fertilizer Imports

Imports into Bulgaria

In 2022, the amount of nitrogenous fertilizers (mineral or chemical) imported into Bulgaria skyrocketed to X tons, growing by X% compared with the previous year. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, nitrogenous fertilizer imports soared to $X in 2022. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Russia (X tons), Egypt (X tons) and Georgia (X tons) were the main suppliers of nitrogenous fertilizer imports to Bulgaria, with a combined X% share of total imports. Greece, Romania, Italy, Turkey, Austria, the Netherlands, Serbia, Spain, Poland and Iran lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Russia ($X) and Georgia ($X) constituted the largest nitrogenous fertilizer suppliers to Bulgaria, together comprising X% of total imports. Greece, Romania, Turkey, the Netherlands, Austria, Italy, Spain, Serbia, Poland and Iran lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nitrogenous fertilizer import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price continues to indicate measured growth. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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