Report Update Nov 1, 2024

Bulgaria - Tall Oil - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Tall Oil Market 2024

Tall Oil Market Size in Bulgaria

The Bulgarian tall oil market was estimated at less than $X in 2021, flattening at the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the market value decreased by 99.9%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Tall Oil Production in Bulgaria

In value terms, tall oil production totaled $X in 2021 estimated in export price. In general, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by 24% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Tall Oil Exports

Exports from Bulgaria

In 2012, approx. X kg of tall oil were exported from Bulgaria; remaining relatively unchanged against 2011 figures. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2012 and are expected to retain growth in years to come.

In value terms, tall oil exports totaled $X in 2012. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2012 and are expected to retain growth in the immediate term.

Exports by Country

Denmark (X kg) was the main destination for tall oil exports from Bulgaria, accounting for a approx. 100% share of total exports.

From 2012 to 2012, the average annual rate of growth in terms of volume to Denmark was relatively modest.

From 2012 to 2012, the average annual rate of growth in terms of value to Denmark was relatively modest.

Tall Oil Imports

Imports into Bulgaria

In 2019, purchases abroad of tall oil decreased by -97.9% to X kg for the first time since 2016, thus ending a two-year rising trend. Over the period under review, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2018 with an increase of 982% against the previous year. As a result, imports attained the peak of X tons, and then contracted dramatically in the following year.

In value terms, tall oil imports dropped notably to $X in 2019. Overall, imports recorded a significant contraction. The growth pace was the most rapid in 2018 when imports increased by 1,399% against the previous year. As a result, imports reached the peak of $X, and then shrank dramatically in the following year.

Imports by Country

In 2019, Italy (X kg) was the main tall oil supplier to Bulgaria, with a 95% share of total imports. Moreover, tall oil imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X kg), more than tenfold.

From 2012 to 2019, the average annual rate of growth in terms of volume from Italy amounted to -29.3%.

In value terms, the largest tall oil suppliers to Bulgaria were Italy ($X) and the United States ($X).

Among the main suppliers, the United States, with a CAGR of 0.0%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average tall oil import price stood at $X per ton in 2019, growing by 20% against the previous year. Overall, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 115%. The import price peaked at $X per ton in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy stood at $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Germany (+40.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tall oil in the world?

The countries with the highest volumes of tall oil consumption in 2021 were China, the United States and India, with a combined 48% share of global consumption. Japan, Germany, Russia, Nigeria, Brazil, the UK, Canada and Turkey lagged somewhat behind, together accounting for a further 27%.

What are the largest producers of tall oil in the world?

The countries with the highest volumes of tall oil production in 2021 were China, the United States and India, together accounting for 48% of global production. Japan, Russia, Germany, Brazil, Nigeria, the UK, Canada and Turkey lagged somewhat behind, together accounting for a further 27%.

What are the leading suppliers of tall oil to Bulgaria?

In value terms, the Netherlands constituted the largest supplier of tall oil to Bulgaria, comprising 88% of total imports. The second position in the ranking was occupied by Germany $174), with a 7.6% share of total imports. It was followed by Italy, with a 2.5% share.

What are the leading importers of tall oil from Bulgaria?

In value terms, Romania remains the key foreign market for tall oil exports from Bulgaria, comprising 98% of total exports. The second position in the ranking was occupied by the Netherlands $49), with a 2.1% share of total exports.

What is the average export price for tall oil in Bulgaria?

The average tall oil export price stood at $1,705 per ton in 2019, dropping by -35.2% against the previous year.

What is the average import price for tall oil in Bulgaria?

In 2019, the average tall oil import price amounted to $3,336 per ton, shrinking by -6.4% against the previous year.

This report provides an in-depth analysis of the tall oil 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 20147130 - Tall oil, whether or not refined

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