Report Update Nov 1, 2024

Bulgaria - Sulphur (Sublimed or Precipitated) and Colloidal Sulphur - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Sulphur Market 2024

Sulphur Market Size in Bulgaria

The Bulgarian sulphur market shrank to $X in 2021, reducing by -12% against the previous year. The market value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then declined in the following year.

Sulphur Production in Bulgaria

In value terms, sulphur production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 33% against the previous year. As a result, production attained the peak level of $X, and then reduced in the following year.

Sulphur Exports

Exports from Bulgaria

For the seventh year in a row, Bulgaria recorded decline in shipments abroad of sulphur (sublimed or precipitated) and colloidal sulphur, which decreased by -20.5% to X kg in 2019. Overall, exports recorded a dramatic descent. The exports peaked at X tons in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, sulphur exports declined markedly to $X in 2019. Over the period under review, exports recorded a sharp shrinkage. The smallest decline of -19.8% was in 2018. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for sulphur exports from Bulgaria, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to the Netherlands amounted to +6.9%.

In value terms, the Netherlands ($X) also remains the key foreign market for sulphur (sublimed or precipitated) and colloidal sulphur exports from Bulgaria.

From 2012 to 2019, the average annual rate of growth in terms of value to the Netherlands totaled +21.8%.

Export Prices by Country

The average sulphur export price stood at $X per ton in 2019, approximately reflecting the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2019: its price increased at an average annual rate of +13.6% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, sulphur export price increased by +143.6% against 2012 indices. The growth pace was the most rapid in 2013 an increase of 74% against the previous year. Over the period under review, the average export prices reached the maximum in 2019 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2019, the rate of growth in terms of prices for the Netherlands amounted to +14.4% per year.

Sulphur Imports

Imports into Bulgaria

In 2021, approx. X tons of sulphur (sublimed or precipitated) and colloidal sulphur were imported into Bulgaria; picking up by 6.5% on 2020 figures. In general, imports, however, saw a abrupt contraction. The growth pace was the most rapid in 2014 when imports increased by 109%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sulphur imports contracted to $X in 2021. Overall, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 126%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Turkey (X tons) and Poland (X tons) were the main suppliers of sulphur imports to Bulgaria.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +35.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X) constituted the largest supplier of sulphur (sublimed or precipitated) and colloidal sulphur to Bulgaria, comprising 69% of total imports. The second position in the ranking was taken by Turkey ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +32.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+14.8% per year) and Poland (-10.0% per year).

Import Prices by Country

The average sulphur import price stood at $X per ton in 2021, falling by -15% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 61% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+9.3%), 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 sulphur (sublimed or precipitated) and colloidal sulphur in the world?

China constituted the country with the largest volume of sulphur consumption, accounting for 27% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the U.S., with a 6.2% share.

What are the largest producers of sulphur (sublimed or precipitated) and colloidal sulphur in the world?

The country with the largest volume of sulphur production was China, comprising approx. 27% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the U.S., with a 6.2% share.

What are the leading suppliers of sulphur (sublimed or precipitated) and colloidal sulphur to Bulgaria?

In value terms, the Netherlands constituted the largest supplier of sulphur to Bulgaria, comprising 59% of total imports. The second position in the ranking was occupied by Turkey, with a 24% share of total imports.

What are the leading importers of sulphur (sublimed or precipitated) and colloidal sulphur from Bulgaria?

In value terms, the Netherlands $155) remains the key foreign market for sulphur exports from Bulgaria.

What is the average export price for sulphur (sublimed or precipitated) and colloidal sulphur in Bulgaria?

The average sulphur export price stood at $4,429 per ton in 2019, stabilizing at the previous year.

What is the average import price for sulphur (sublimed or precipitated) and colloidal sulphur in Bulgaria?

In 2020, the average sulphur import price amounted to $1,201 per ton, surging by 12% against the previous year.

This report provides an in-depth analysis of the sulphur 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 20132120 - Sulphur, sublimed or precipitated, colloidal sulphur

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
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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