Bulgaria: Market for Organic Surface-Active Products For Washing The Skin 2024

Market Size for Organic Surface-Active Products For Washing The Skin in Bulgaria

The Bulgarian skin organic surface-active products market skyrocketed to $X in 2022, jumping by 35% against the previous year. In general, consumption recorded a prominent increase. Skin organic surface-active products consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Organic Surface-Active Products For Washing The Skin in Bulgaria

In value terms, skin organic surface-active products production rose notably to $X in 2022 estimated in export price. Over the period under review, production enjoyed strong growth. The growth pace was the most rapid in 2020 when the production volume increased by 77%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Organic Surface-Active Products For Washing The Skin

Exports from Bulgaria

In 2022, skin organic surface-active products exports from Bulgaria expanded slightly to X tons, increasing by 3.7% compared with 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 101% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, skin organic surface-active products exports totaled $X in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of 146%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons) was the main destination for skin organic surface-active products exports from Bulgaria, with a 38% share of total exports. Moreover, skin organic surface-active products exports to Romania exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. Ukraine (X tons) ranked third in terms of total exports with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania amounted to +71.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+14.3% per year) and Ukraine (+30.7% per year).

In value terms, Romania ($X) remains the key foreign market for organic surface-active products for washing the skin exports from Bulgaria, comprising 33% of total exports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total exports. It was followed by Ukraine, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania totaled +58.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+18.0% per year) and Ukraine (+29.0% per year).

Export Prices by Country

In 2022, the average skin organic surface-active products export price amounted to $X per ton, rising by 3.1% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, skin organic surface-active products export price decreased by -26.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 22%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the Netherlands ($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 Russia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface-Active Products For Washing The Skin

Imports into Bulgaria

In 2022, after two years of decline, there was significant growth in overseas purchases of organic surface-active products for washing the skin, when their volume increased by 17% to X tons. Overall, imports saw buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, skin organic surface-active products imports soared to $X in 2022. In general, imports posted a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 39%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Italy (X tons), Romania (X tons) and Slovakia (X tons) were the main suppliers of skin organic surface-active products imports to Bulgaria, with a combined 53% share of total imports. Poland, Hungary, Germany, France, Spain, Belgium, Turkey, Austria, the Czech Republic and Slovenia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +33.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Romania ($X) and France ($X) constituted the largest skin organic surface-active products suppliers to Bulgaria, together accounting for 43% of total imports. Slovakia, Poland, Germany, Hungary, Spain, Belgium, Austria, the Czech Republic, Turkey and Slovenia lagged somewhat behind, together accounting for a further 47%.

Poland, with a CAGR of +28.1%, 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

In 2022, the average skin organic surface-active products import price amounted to $X per ton, surging by 3.6% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 17% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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