Report Bulgaria - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Bulgaria - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size in Bulgaria

In 2022, the Bulgarian potassium hydroxide market increased by 48% to $X, rising for the second consecutive year after two years of decline. Overall, consumption recorded a modest expansion. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in years to come.

Potassium Hydroxide Exports

Exports from Bulgaria

In 2022, exports of potassium hydroxide (caustic potash) from Bulgaria soared to X tons, with an increase of 208% compared with the previous year. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,717% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, potassium hydroxide exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,776%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Greece (X tons) was the main destination for potassium hydroxide exports from Bulgaria, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Greece stood at +19.2%.

In value terms, Greece ($X) emerged as the key foreign market for potassium hydroxide (caustic potash) exports from Bulgaria.

From 2012 to 2022, the average annual rate of growth in terms of value to Greece totaled +34.5%.

Export Prices by Country

The average potassium hydroxide export price stood at $X per ton in 2022, picking up by 93% against the previous year. In general, the export price continues to indicate strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +12.8% per year.

Potassium Hydroxide Imports

Imports into Bulgaria

Potassium hydroxide imports into Bulgaria surged to X tons in 2022, picking up by 27% on the year before. In general, imports, however, continue to indicate a slight decline. The pace of growth was the most pronounced in 2014 when imports increased by 83%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, potassium hydroxide imports soared to $X in 2022. Overall, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), the Czech Republic (X tons) and Italy (X tons) were the main suppliers of potassium hydroxide imports to Bulgaria, with a combined 72% share of total imports. Poland, France, Turkey, Germany and Hungary lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +111.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the Czech Republic ($X) and Italy ($X) constituted the largest potassium hydroxide suppliers to Bulgaria, together accounting for 63% of total imports. Poland, Turkey, France, Germany and Hungary lagged somewhat behind, together accounting for a further 29%.

Among the main suppliers, Turkey, with a CAGR of +117.6%, recorded the highest growth rate of 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

In 2022, the average potassium hydroxide import price amounted to $X per ton, surging by 51% against the previous year. In general, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 63%. The import price peaked in 2022 and is expected to retain 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 Turkey ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of potassium hydroxide consumption was China, accounting for 20% of total volume. Moreover, potassium hydroxide consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Germany ranked third in terms of total consumption with a 6.3% share.
The country with the largest volume of potassium hydroxide production was China, accounting for 21% of total volume. Moreover, potassium hydroxide production in China exceeded the figures recorded by the second-largest producer, Belgium, twofold. India ranked third in terms of total production with an 8% share.
In value terms, the largest potassium hydroxide suppliers to Bulgaria were Italy, the Czech Republic and South Korea, with a combined 70% share of total imports. Poland, the Netherlands, Germany and Turkey lagged somewhat behind, together comprising a further 25%.
In value terms, Romania emerged as the key foreign market for potassium hydroxide exports from Bulgaria, comprising 77% of total exports. The second position in the ranking was occupied by Greece, with a 23% share of total exports.
In 2021, the average potassium hydroxide export price amounted to $1,148 per ton, with an increase of 59% against the previous year.
The average potassium hydroxide import price stood at $1,182 per ton in 2021, growing by 21% against the previous year.

This report provides an in-depth analysis of the potassium hydroxide 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 20132530 - Potassium hydroxide (caustic potash)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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