Report Update Nov 1, 2024

Bulgaria - Sulphates of Barium or Aluminium - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Bulgaria

In 2022, the Bulgarian barium or aluminium sulphates market decreased by -6.5% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. Barium or aluminium sulphates consumption peaked at $X in 2021, and then declined in the following year.

Production of Sulphates Of Barium Or Aluminium in Bulgaria

In value terms, barium or aluminium sulphates production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 30% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Sulphates Of Barium Or Aluminium

Exports from Bulgaria

Barium or aluminium sulphates exports from Bulgaria soared to X tons in 2022, increasing by 2,038% against 2021 figures. Overall, exports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 6,463% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, barium or aluminium sulphates exports surged to $X in 2022. In general, exports, however, continue to indicate a deep setback. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for barium or aluminium sulphates exports from Bulgaria, with a 90% share of total exports. Moreover, barium or aluminium sulphates exports to Ukraine exceeded the volume sent to the second major destination, Romania (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Ukraine totaled +1,821.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+45.9% per year) and Germany (+36.1% per year).

From 2012 to 2022, the average annual rate of growth in terms of value to Ukraine stood at +570.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+25.8% per year) and Romania (+33.2% per year).

Export Prices by Country

The average barium or aluminium sulphates export price stood at $X per ton in 2022, rising by 31% against the previous year. In general, the export price enjoyed a moderate expansion. The growth pace was the most rapid in 2018 when the average export price increased by 170% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Ukraine ($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 Bosnia and Herzegovina (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sulphates Of Barium Or Aluminium

Imports into Bulgaria

After two years of growth, supplies from abroad of sulphates of barium or aluminium decreased by -16.7% to X tons in 2022. Overall, imports saw a noticeable decrease. The pace of growth was the most pronounced in 2015 when imports increased by 218%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, barium or aluminium sulphates imports skyrocketed to $X in 2022. Over the period under review, imports, however, enjoyed a slight increase. The growth pace was the most rapid in 2015 when imports increased by 117% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Turkey (X tons) and Romania (X tons) were the main suppliers of barium or aluminium sulphates imports to Bulgaria.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +36.8%).

In value terms, the largest barium or aluminium sulphates suppliers to Bulgaria were Turkey ($X) and Romania ($X).

In terms of the main suppliers, Turkey, with a CAGR of +35.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average barium or aluminium sulphates import price amounted to $X per ton, surging by 68% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably 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 Romania amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphates of barium or aluminium in the world?

China remains the largest barium or aluminium sulphates consuming country worldwide, comprising approx. 28% of total volume. Moreover, barium or aluminium sulphates consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.3% share.

What are the largest producers of sulphates of barium or aluminium in the world?

China constituted the country with the largest volume of barium or aluminium sulphates production, comprising approx. 33% of total volume. Moreover, barium or aluminium sulphates production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of sulphates of barium or aluminium to Bulgaria?

In value terms, Romania and Turkey appeared to be the largest barium or aluminium sulphates suppliers to Bulgaria.

What are the leading importers of sulphates of barium or aluminium from Bulgaria?

In value terms, the largest markets for barium or aluminium sulphates exported from Bulgaria were Turkey and Belarus.

What is the average export price for sulphates of barium or aluminium in Bulgaria?

The average barium or aluminium sulphates export price stood at $227 per ton in 2021, declining by -85.2% against the previous year.

What is the average import price for sulphates of barium or aluminium in Bulgaria?

The average barium or aluminium sulphates import price stood at $209 per ton in 2021, falling by -10.5% against the previous year.

This report provides an in-depth analysis of the market for barium or aluminium sulphates 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 20134151 - Sulphates of barium or aluminium

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