Report Update Nov 1, 2024

Bulgaria - P-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: P-Xylene Market 2024

P-Xylene Market Size in Bulgaria

In 2021, after three years of growth, there was significant decline in the Bulgarian p-xylene market, when its value decreased by -8.5% to $X. Over the period under review, consumption, however, posted a strong increase. Over the period under review, the market attained the peak level at $X in 2020, and then shrank in the following year.

P-Xylene Production in Bulgaria

In value terms, p-xylene production contracted to $X in 2021 estimated in export price. In general, production, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 175%. Over the period under review, production attained the maximum level at $X in 2020, and then shrank in the following year.

P-Xylene Exports

Exports from Bulgaria

In 2019, overseas shipments of p-xylene increased by 97% to X kg, rising for the third year in a row after four years of decline. Overall, exports, however, showed a precipitous decline. The exports peaked at X tons in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

In value terms, p-xylene exports soared to $X in 2019. Over the period under review, exports, however, continue to indicate a sharp setback. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for p-xylene exports from Bulgaria, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to the Netherlands amounted to -21.7%.

In value terms, the Netherlands ($X) also remains the key foreign market for p-xylene exports from Bulgaria.

From 2012 to 2019, the average annual growth rate of value to the Netherlands totaled -23.0%.

Export Prices by Country

The average p-xylene export price stood at $X per ton in 2019, with an increase of 1.7% against the previous year. In general, the export price, however, recorded a slight contraction. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2019, the rate of growth in terms of prices for the Netherlands amounted to -1.7% per year.

P-Xylene Imports

Imports into Bulgaria

In 2021, imports of p-xylene into Bulgaria expanded rapidly to X kg, with an increase of 8.6% compared with the year before. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by 170% against the previous year. Over the period under review, imports reached the maximum at X kg in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, p-xylene imports reached $X in 2021. Over the period under review, imports showed a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 89% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X kg) was the main supplier of p-xylene to Bulgaria, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +20.9%.

In value terms, Germany ($X) constituted the largest supplier of p-xylene to Bulgaria.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +11.0%.

Import Prices by Country

The average p-xylene import price stood at $X per ton in 2021, rising by 4.9% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2016 an increase of 39% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +50.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for p-xylene in the world?

The countries with the highest volumes of in 2021 were China, South Korea and the United States, with a combined 40% share of global consumption.

What are the largest producers of p-xylene in the world?

South Korea remains the largest p-xylene producing country worldwide, accounting for 21% of total volume. Moreover, p-xylene production in South Korea exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by the United States, with an 8.5% share.

What are the leading suppliers of p-xylene to Bulgaria?

In value terms, Germany constituted the largest supplier of p-xylene to Bulgaria.

What are the leading importers of p-xylene from Bulgaria?

In value terms, the Netherlands $979) remains the key foreign market for p-xylene exports from Bulgaria.

What is the average export price for p-xylene in Bulgaria?

The average p-xylene export price stood at $1,254 per ton in 2019, growing by 1.7% against the previous year.

What is the average import price for p-xylene in Bulgaria?

In 2021, the average p-xylene import price amounted to $7,724 per ton, increasing by 4.9% against the previous year.

This report provides an in-depth analysis of the p-xylene market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141245 - p-Xylene

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023