Report Update Nov 1, 2024

Bulgaria - Trichloroethylene and Tetrachloroethylene (Perchloroethylene) - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Bulgaria

The Bulgarian trichloroethylene and tetrachloroethylene market contracted markedly to $X in 2021, with a decrease of -38.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports from Bulgaria

In 2021, shipments abroad of trichloroethylene and tetrachloroethylene (perchloroethylene) was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 1,138%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, trichloroethylene and tetrachloroethylene exports skyrocketed to $X in 2021. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2014 when exports increased by 254% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Romania (X tons) was the main destination for trichloroethylene and tetrachloroethylene exports from Bulgaria, with a 99% share of total exports. It was followed by North Macedonia (X kg), with a 0.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania totaled +9.3%.

In value terms, Romania ($X) emerged as the key foreign market for trichloroethylene and tetrachloroethylene (perchloroethylene) exports from Bulgaria, comprising 99% of total exports. The second position in the ranking was held by North Macedonia ($X), with a 0.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania stood at +24.3%.

Export Prices by Country

The average trichloroethylene and tetrachloroethylene export price stood at $X per ton in 2021, picking up by 10% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The growth pace was the most rapid in 2017 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Romania amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+13.7%).

Trichloroethylene And Tetrachloroethylene Imports

Imports into Bulgaria

Trichloroethylene and tetrachloroethylene imports into Bulgaria fell to X tons in 2021, which is down by -13.3% on 2020 figures. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2016 when imports increased by 111% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, trichloroethylene and tetrachloroethylene imports shrank slightly to $X in 2021. In general, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2016 when imports increased by 72%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Poland (X tons), the Czech Republic (X tons) and Romania (X tons) were the main suppliers of trichloroethylene and tetrachloroethylene imports to Bulgaria, together comprising 79% of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +23.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest trichloroethylene and tetrachloroethylene suppliers to Bulgaria were Poland ($X), Italy ($X) and Romania ($X), with a combined 75% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of +12.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average trichloroethylene and tetrachloroethylene import price stood at $X per ton in 2021, with an increase of 11% against the previous year. In general, the import price, however, recorded a pronounced downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+16.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for trichloroethylene and tetrachloroethylene (perchloroethylene) in the world?

China remains the largest trichloroethylene and tetrachloroethylene consuming country worldwide, comprising approx. 32% of total volume. Moreover, trichloroethylene and tetrachloroethylene consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by Belgium, with an 8.1% share.

What are the largest producers of trichloroethylene and tetrachloroethylene (perchloroethylene) in the world?

The countries with the highest volumes of trichloroethylene and tetrachloroethylene production in 2021 were Germany, the United States and Japan, together accounting for 71% of global production. France, the Czech Republic, Belgium and the Netherlands lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of trichloroethylene and tetrachloroethylene (perchloroethylene) to Bulgaria?

In value terms, Poland, Italy and Romania constituted the largest trichloroethylene and tetrachloroethylene suppliers to Bulgaria, with a combined 75% share of total imports.

What are the leading importers of trichloroethylene and tetrachloroethylene (perchloroethylene) from Bulgaria?

In value terms, Romania remains the key foreign market for trichloroethylene and tetrachloroethylene exports from Bulgaria.

What is the average export price for trichloroethylene and tetrachloroethylene (perchloroethylene) in Bulgaria?

In 2021, the average trichloroethylene and tetrachloroethylene export price amounted to $338 per ton, waning by -59.6% against the previous year.

What is the average import price for trichloroethylene and tetrachloroethylene (perchloroethylene) in Bulgaria?

The average trichloroethylene and tetrachloroethylene import price stood at $1,049 per ton in 2021, increasing by 9.1% against the previous year.

This report provides an in-depth analysis of the trichloroethylene and tetrachloroethylene 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 20141374 - Trichloroethylene, tetrachloroethylene (perchloroethylene)

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