Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bulgaria - 2023

Contents:

1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bulgaria (FOB) - 2022
2. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bulgaria (CIF) - 2022
3. Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bulgaria
4. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bulgaria

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bulgaria (FOB) - 2022

In 2022, the average export price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $98,988 per ton, with a decrease of -36.2% against the previous year. In general, the export price, however, continues to indicate a tangible increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 72% against the previous year. The export price peaked at $164,625 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($103,911 per ton), while the average price for exports to Iran ($45,944 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+6.2%).

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bulgaria (CIF) - 2022

The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $53,601 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded strong growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 99.9%. As a result, import price reached the peak level of $99,269 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($174,036 per ton), while the price for the UK ($48,059 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bulgaria

In 2022, approx. 70 tons of pharmaceutical goods; appliances identifiable for ostomy uses were exported from Bulgaria; increasing by 21% on the previous year's figure. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses declined rapidly to $7M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, the exports reached the peak of $9M, and then reduced dramatically in the following year.

Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Bulgaria in 2022:

1. Greece (62.9 tons)
2. Serbia (3.7 tons)
3. Iran (3.5 tons)

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bulgaria

In 2022, supplies from abroad of pharmaceutical goods; appliances identifiable for ostomy uses decreased by -8.2% to 109 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. As a result, imports reached the peak of 124 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses dropped to $5.8M in 2022. Over the period under review, imports showed a mild setback. The pace of growth was the most pronounced in 2020 with an increase of 7.4% against the previous year. As a result, imports reached the peak of $6.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Bulgaria in 2022:

1. United Kingdom (71.4 tons)
2. Poland (19.0 tons)
3. Hungary (17.2 tons)
4. Greece (0.1 tons)

Source: IndexBox Market Intelligence Platform