Report Update Nov 1, 2024

Bulgaria - Sulphonamides - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Sulphonamides Market 2024

Sulphonamides Market Size in Bulgaria

In 2021, the Bulgarian sulphonamides market increased by 1.4% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a temperate expansion. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in years to come.

Sulphonamides Exports

Exports from Bulgaria

In 2021, the amount of sulphonamides exported from Bulgaria fell rapidly to X tons, which is down by -29.1% against the previous year's figure. In general, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 1,349%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphonamides exports shrank rapidly to $X in 2021. Overall, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 802% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Greece (X kg) was the main destination for sulphonamides exports from Bulgaria, with a 84% share of total exports. Moreover, sulphonamides exports to Greece exceeded the volume sent to the second major destination, Serbia (X kg), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Greece totaled +157.2%.

In value terms, Greece ($X) remains the key foreign market for sulphonamides exports from Bulgaria, comprising 81% of total exports. The second position in the ranking was taken by Serbia ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Greece stood at +182.7%.

Export Prices by Country

The average sulphonamides export price stood at $X per ton in 2021, reducing by -9.6% against the previous year. Overall, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 409% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Serbia ($X per ton), while the average price for exports to Greece stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphonamides Imports

Imports into Bulgaria

In 2021, imports of sulphonamides into Bulgaria expanded modestly to X tons, with an increase of 2.7% compared with the year before. Overall, imports, however, showed a slight decrease. The most prominent rate of growth was recorded in 2020 with an increase of 158% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, sulphonamides imports contracted slightly to $X in 2021. In general, imports posted a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 137% against the previous year. As a result, imports reached the peak of $X, and then dropped modestly in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest sulphonamides supplier to Bulgaria, accounting for a 54% share of total imports. Moreover, sulphonamides imports from China exceeded the figures recorded by the second-largest supplier, Greece (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+2.9% per year) and Germany (-9.7% per year).

In value terms, China ($X), Greece ($X) and India ($X) appeared to be the largest sulphonamides suppliers to Bulgaria, together accounting for 81% of total imports. Germany, Spain, Italy and the Netherlands lagged somewhat behind, together comprising a further 19%.

In terms of the main suppliers, the Netherlands, with a CAGR of +20.9%, 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 sulphonamides import price stood at $X per ton in 2021, waning by -4% against the previous year. Over the period under review, the import price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 69% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+23.0%), 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 sulphonamides in the world?

Panama remains the largest sulphonamides consuming country worldwide, comprising approx. 71% of total volume. Moreover, sulphonamides consumption in Panama exceeded the figures recorded by the second-largest consumer, China, more than tenfold. India ranked third in terms of total consumption with a 2.8% share.

What are the largest producers of sulphonamides in the world?

The country with the largest volume of sulphonamides production was China, comprising approx. 39% of total volume. Moreover, sulphonamides production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.8% share.

What are the leading suppliers of sulphonamides to Bulgaria?

In value terms, China, Greece and India were the largest sulphonamides suppliers to Bulgaria, with a combined 82% share of total imports.

What are the leading importers of sulphonamides from Bulgaria?

In value terms, Greece emerged as the key foreign market for sulphonamides exports from Bulgaria, comprising 80% of total exports. The second position in the ranking was occupied by Serbia, with an 18% share of total exports.

What is the average export price for sulphonamides in Bulgaria?

In 2020, the average sulphonamides export price amounted to $184,493 per ton, increasing by 109% against the previous year.

What is the average import price for sulphonamides in Bulgaria?

In 2020, the average sulphonamides import price amounted to $59,786 per ton, waning by -33% against the previous year.

This report provides an in-depth analysis of the sulphonamides 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 21103200 - Sulphonamides

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