Bulgaria - Propene (Propylene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPropene Price in Bulgaria - 2023
Contents:
- Propene Price in Bulgaria (FOB) - 2023
- Propene Price in Bulgaria (CIF) - 2022
- Propene Exports in Bulgaria
- Propene Imports in Bulgaria
Propene Price in Bulgaria (FOB) - 2023
In July 2023, the average propene export price amounted to $903 per ton, increasing by 1.6% against the previous month. Overall, the export price, however, recorded a noticeable setback. The pace of growth was the most pronounced in October 2022 an increase of 19% against the previous month. The export price peaked at $1,165 per ton in August 2022; however, from September 2022 to July 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Poland.
From August 2022 to July 2023, the rate of growth in terms of prices for Croatia amounted to 0.0% per month.
Propene Price in Bulgaria (CIF) - 2022
In 2022, the average propene import price amounted to $645 per ton, declining by -35.3% against the previous year. Overall, the import price showed a deep slump. The growth pace was the most rapid in 2018 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $2,829 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($8,623 per ton), while the price for Romania ($427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+230.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Propene Exports in Bulgaria
In 2022, overseas shipments of propene (propylene) were finally on the rise to reach 24K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed measured growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, propene exports soared to $29M in 2022. Overall, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Propene in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | N/A | N/A | N/A | 12.6 | 0% |
Czech Republic | N/A | N/A | N/A | 7.1 | 0% |
Germany | 10.3 | 4.4 | 0.5 | 6.3 | -15.1% |
Romania | 6.3 | N/A | 0.8 | 1.4 | -39.4% |
Hungary | N/A | N/A | N/A | 1.3 | 0% |
Slovakia | 0.8 | N/A | N/A | N/A | 0% |
Italy | N/A | 0.8 | N/A | N/A | 0% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 17.4 | 5.2 | 1.3 | 28.7 | 18.2% |
Top Export Markets for Propene from Bulgaria in 2022:
- Poland (9.9K tons)
- Germany (6.1K tons)
- Czech Republic (5.9K tons)
- Hungary (1.0K tons)
- Romania (0.9K tons)
Propene Imports in Bulgaria
In 2022, propene imports into Bulgaria surged to 2K tons, increasing by 80% on 2021 figures. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 4,359% against the previous year. As a result, imports reached the peak of 2K tons; afterwards, it flattened through to 2022.
In value terms, propene imports surged to $1.3M in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,444% against the previous year. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Propene in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | N/A | N/A | 643 | 713 | 10.9% |
Turkey | N/A | 80.8 | 346 | 391 | 120.0% |
Italy | 100 | 57.3 | 99.4 | 118 | 5.7% |
Ukraine | N/A | 791 | N/A | 17.9 | -85.0% |
Russia | N/A | 660 | N/A | N/A | 0% |
Others | 3.0 | N/A | 38.6 | 69.7 | 185.3% |
Total | 103 | 1,590 | 1,127 | 1,310 | 133.4% |
Top Suppliers of Propene to Bulgaria in 2022:
- Romania (1670.4 tons)
- Turkey (286.0 tons)
- Italy (44.1 tons)
- Ukraine (2.1 tons)
This report provides an in-depth analysis of the propene 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 20141140 - Propene (propylene)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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