Report Update Nov 1, 2024

Bulgaria - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Rare Gases Market 2024

Rare Gases Exports

Exports from Bulgaria

In 2022, shipments abroad of rare gases (excluding argon) increased by 186% to X cubic meters for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a dramatic slump. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, rare gases exports soared to $X in 2022. Over the period under review, exports, however, recorded a deep slump. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X cubic meters) was the main destination for rare gases exports from Bulgaria, accounting for a 74% share of total exports. Moreover, rare gases exports to Romania exceeded the volume sent to the second major destination, Germany (X cubic meters), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania totaled -20.0%.

In value terms, the largest markets for rare gases exported from Bulgaria were Romania ($X) and Germany ($X).

Germany, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average rare gases export price amounted to $X per cubic meter, increasing by 68% against the previous year. Over the period under review, the export price posted a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 1,066% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Germany ($X per cubic meter), while the average price for exports to Romania totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+119.2%), while the prices for the other major destinations experienced more modest paces of growth.

Rare Gases Imports

Imports into Bulgaria

In 2022, purchases abroad of rare gases (excluding argon) was finally on the rise to reach X cubic meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 43% against the previous year. Imports peaked at X cubic meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, rare gases imports stood at $X in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 24%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

The Czech Republic (X cubic meters), Serbia (X cubic meters) and Greece (X cubic meters) were the main suppliers of rare gases imports to Bulgaria, with a combined 70% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +107.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rare gases suppliers to Bulgaria were Serbia ($X), the Czech Republic ($X) and Hungary ($X), together comprising 68% of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +124.5%, recorded the highest rates of growth with regard to 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

The average rare gases import price stood at $X per cubic meter in 2022, remaining stable against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rare gases import price increased by +3.3% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 45% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per cubic meter), while the price for Italy ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases consumption in 2021 were China, the United States and Germany, with a combined 43% share of global consumption.

What are the largest producers of rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases production in 2021 were China, the United States and Germany, with a combined 44% share of global production.

What are the leading suppliers of rare gases (excluding argon) to Bulgaria?

In value terms, Serbia, the Czech Republic and Hungary were the largest rare gases suppliers to Bulgaria, with a combined 80% share of total imports.

What are the leading importers of rare gases (excluding argon) from Bulgaria?

In value terms, the UK remains the key foreign market for rare gases exports from Bulgaria.

What is the average export price for rare gases (excluding argon) in Bulgaria?

The average rare gases export price stood at $27 per cubic meter in 2021, shrinking by -91.6% against the previous year.

What is the average import price for rare gases (excluding argon) in Bulgaria?

In 2021, the average rare gases import price amounted to $36 per cubic meter, with an increase of 3.7% against the previous year.

This report provides an in-depth analysis of the rare gases 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 20111130 - Rare gases (excluding argon)

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