Bulgaria: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in Bulgaria

The Bulgarian organo-sulphur compound market soared to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Organo-Sulphur Compound Production in Bulgaria

In value terms, organo-sulphur compound production expanded sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Organo-Sulphur Compound Exports

Exports from Bulgaria

In 2022, the amount of organo-sulphur compounds exported from Bulgaria rose rapidly to X tons, with an increase of X% against the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, organo-sulphur compound exports skyrocketed to $X in 2022. In general, total exports indicated a pronounced expansion 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, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

China (X tons) was the main destination for organo-sulphur compound exports from Bulgaria, accounting for a X% share of total exports. Moreover, organo-sulphur compound exports to China exceeded the volume sent to the second major destination, Sweden (X tons), threefold. The third position in this ranking was held by South Korea (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and South Korea (X% per year).

In value terms, China ($X) remains the key foreign market for organo-sulphur compounds exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with an X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average organo-sulphur compound export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

Organo-Sulphur Compound Imports

Imports into Bulgaria

In 2022, approx. X tons of organo-sulphur compounds were imported into Bulgaria; rising by X% on 2021 figures. In general, total imports indicated a moderate 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 decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, organo-sulphur compound imports skyrocketed to $X in 2022. Overall, total imports indicated a resilient expansion 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, imports increased by X% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of organo-sulphur compound to Bulgaria, with a X% share of total imports. Moreover, organo-sulphur compound imports from China exceeded the figures recorded by the second-largest supplier, Serbia (X tons), threefold. Malaysia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (X% per year) and Malaysia (X% per year).

In value terms, China ($X) constituted the largest supplier of organo-sulphur compounds to Bulgaria, comprising X% of total imports. The second position in the ranking was held by Serbia ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (X% per year) and Malaysia (X% per year).

Import Prices by Country

The average organo-sulphur compound import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 India ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform