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Bulgaria - Glues Based On Starches, Dextrins Or Other Modified Starches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStarch Glue Price in Bulgaria - 2023
Contents:
- Starch Glue Price in Bulgaria (FOB) - 2023
- Starch Glue Price in Bulgaria (CIF) - 2022
- Starch Glue Exports in Bulgaria
- Starch Glue Imports in Bulgaria
Starch Glue Price in Bulgaria (FOB) - 2023
The average starch glue export price stood at $1,119 per ton in June 2023, increasing by 13% against the previous month. Overall, export price indicated a notable increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, starch glue export price increased by +13.1% against May 2023 indices. The growth pace was the most rapid in July 2022 an increase of 45% month-to-month. The export price peaked at $1,279 per ton in January 2023; however, from February 2023 to June 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Greece.
From June 2022 to June 2023, the rate of growth in terms of prices for Greece amounted to +2.8% per month.
Starch Glue Price in Bulgaria (CIF) - 2022
In 2022, the average starch glue import price amounted to $1,190 per ton, surging by 69% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starch glue import price increased by +70.2% against 2020 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 89%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
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 the Czech Republic ($3,480 per ton), while the price for the Netherlands ($797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+80.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Starch Glue Exports in Bulgaria
After three years of growth, overseas shipments of glues based on starches, dextrins or other modified starches decreased by -19.6% to 1.2K tons in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year.
In value terms, starch glue exports surged to $1.1M in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 58%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
Export of Starch Glue in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 3.3 | 255 | 347 | 567 | 455.9% |
Slovakia | 1.4 | N/A | 86.9 | 149 | 373.9% |
Czech Republic | 50.8 | 61.9 | 88.7 | 131 | 37.1% |
Democratic Republic of the Congo | 38.6 | 38.2 | 75.2 | 104 | 39.1% |
Nigeria | 163 | 61.2 | 126 | 63.6 | -26.9% |
Angola | N/A | N/A | N/A | 34.0 | 0% |
Guinea | N/A | N/A | N/A | 21.5 | 0% |
Poland | 67.4 | 82.2 | 59.5 | N/A | -6.0% |
Others | 77.3 | 136 | 168 | 35.5 | -22.8% |
Total | 402 | 634 | 952 | 1,106 | 40.1% |
Top Export Markets for Starch Glue from Bulgaria in 2022:
- Greece (509.9 tons)
- Slovakia (215.0 tons)
- Democratic Republic of the Congo (159.0 tons)
- Czech Republic (110.0 tons)
- Nigeria (100.0 tons)
- Angola (37.5 tons)
- Guinea (18.8 tons)
Starch Glue Imports in Bulgaria
After three years of growth, supplies from abroad of glues based on starches, dextrins or other modified starches decreased by -12.1% to 745 tons in 2022. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 101% against the previous year. As a result, imports reached the peak of 847 tons, and then dropped in the following year.
In value terms, starch glue imports skyrocketed to $887K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
Import of Starch Glue in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | 3.5 | 5.8 | 249 | 353 | 365.5% |
Netherlands | 107 | 93.7 | 128 | 194 | 21.9% |
Czech Republic | 0.4 | 4.6 | 3.7 | 102 | 534.1% |
Hungary | 17.2 | 13.7 | 21.7 | 81.6 | 68.0% |
Turkey | 55.2 | 62.2 | 60.6 | 79.4 | 12.9% |
Italy | 48.8 | 56.1 | 116 | 74.1 | 14.9% |
Spain | N/A | 38.2 | N/A | N/A | 0% |
Others | 33.6 | 20.4 | 18.5 | 2.5 | -57.9% |
Total | 266 | 295 | 598 | 887 | 49.4% |
Top Suppliers of Starch Glue to Bulgaria in 2022:
- Serbia (330.0 tons)
- Netherlands (243.8 tons)
- Turkey (86.1 tons)
- Hungary (33.6 tons)
- Czech Republic (29.4 tons)
- Italy (21.3 tons)
This report provides an in-depth analysis of the starch glue 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 20521060 - Glues based on starches, dextrins or other modified starches
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
-
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
This report provides an in-depth analysis of the starch glue market in Bulgaria.
This report provides an in-depth analysis of the modified starches market in Bulgaria.
This report provides an in-depth analysis of the global starch glue market.
This report provides an in-depth analysis of the global modified starches market.
This report provides an in-depth analysis of the starch glue market in Bulgaria.
This report provides an in-depth analysis of the modified starches market in Bulgaria.
This report provides an in-depth analysis of the global starch glue market.
This report provides an in-depth analysis of the global modified starches market.
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