Bulgaria: Market for Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide) 2024

Market Size for Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide) in Bulgaria

The Bulgarian market for epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) amounted to $X in 2023, increasing by X% against the previous year. In general, the total consumption indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Production of Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A X- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide) in Bulgaria

In value terms, production of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) rose sharply to $X in 2023 estimated in export price. Overall, production enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production of growth remained at a somewhat lower figure.

Exports of Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide)

Exports from Bulgaria

Exports of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) from Bulgaria surged to X kg in 2023, with an increase of X% on the previous year. Overall, exports, however, recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) soared to $X in 2023. In general, exports, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for exports of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) from Bulgaria, accounting for a approx. X% share of total exports.

From 2012 to 2023, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2012 to 2023, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average export price for epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) stood at $X per ton in 2023, increasing by X% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2023, the rate of growth in terms of prices for North Macedonia amounted to X% per year.

Imports of Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide)

Imports into Bulgaria

In 2023, supplies from abroad of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed perceptible growth. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, imports of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) declined notably to $X in 2023. Overall, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

North Macedonia (X tons), the Netherlands (X kg) and Spain (X kg) were the main suppliers of imports of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) to Bulgaria, together comprising X% of total imports. Belgium, Poland, Germany, the Czech Republic, France and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, North Macedonia ($X), the Netherlands ($X) and Spain ($X) appeared to be the largest epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) suppliers to Bulgaria, together comprising X% of total imports. Belgium, Poland, France, Germany, the Czech Republic and Italy lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the import price, however, continues to indicate moderate growth. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then dropped notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform