Bulgaria - Propellant Powders - Market Analysis, Forecast, Size, Trends and Insights
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Propellant Powders Market Size in Bulgaria
The Bulgarian propellant powders market declined to $X in 2021, falling by -10.1% against the previous year. Over the period under review, consumption recorded a pronounced downturn. Propellant powders consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.
Propellant Powders Production in Bulgaria
In value terms, propellant powders production reduced to $X in 2021 estimated in export price. In general, production showed a noticeable setback. The pace of growth was the most pronounced in 2018 when the production volume increased by 68% against the previous year. Propellant powders production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.
Propellant Powders Exports
Exports from Bulgaria
In 2019, after two years of growth, there was significant decline in shipments abroad of propellant powders, when their volume decreased by -39.3% to X tons. Over the period under review, exports, however, continue to indicate a pronounced increase. The pace of growth was the most pronounced in 2017 when exports increased by 224% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018, and then declined markedly in the following year.
In value terms, propellant powders exports declined markedly to $X in 2019. In general, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 265% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018, and then declined dramatically in the following year.
Exports by Country
Romania (X tons) was the main destination for propellant powders exports from Bulgaria, with a approx. 100% share of total exports.
From 2012 to 2019, the average annual rate of growth in terms of volume to Romania totaled +21.0%.
In value terms, Romania ($X) also remains the key foreign market for propellant powders exports from Bulgaria.
From 2012 to 2019, the average annual growth rate of value to Romania amounted to +21.9%.
Export Prices by Country
The average propellant powders export price stood at $X per ton in 2019, surging by 8.7% against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2013 an increase of 24%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2019, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2012 to 2019, the rate of growth in terms of prices for Poland amounted to +6.9% per year.
Propellant Powders Imports
Imports into Bulgaria
For the third year in a row, Bulgaria recorded decline in purchases abroad of propellant powders, which decreased by -61.6% to X tons in 2019. Overall, imports, however, saw notable growth. The most prominent rate of growth was recorded in 2016 when imports increased by 195%. As a result, imports attained the peak of X tons. From 2017 to 2019, the growth of imports remained at a somewhat lower figure.
In value terms, propellant powders imports dropped rapidly to $X in 2019. In general, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2016 when imports increased by 142%. Imports peaked at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.
Imports by Country
In 2019, Serbia (X tons) was the main propellant powders supplier to Bulgaria, with a 99% share of total imports. It was followed by Switzerland (X kg), with less than 0.1% share of total imports.
From 2012 to 2019, the average annual growth rate of volume from Serbia totaled +24.1%.
In value terms, Serbia ($X) constituted the largest supplier of propellant powders to Bulgaria, comprising 98% of total imports. The second position in the ranking was taken by Switzerland ($X), with less than 0.1% share of total imports.
From 2012 to 2019, the average annual rate of growth in terms of value from Serbia amounted to +27.4%.
Import Prices by Country
In 2019, the average propellant powders import price amounted to $X per ton, with an increase of 5% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 68% against the previous year. The import price peaked in 2019 and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Serbia ($X per ton), while the price for Switzerland amounted to $X per ton.
From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Albania (+78.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the propellant powders 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 20511130 - Propellant powders
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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