Bulgaria - Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlycerol Price in Bulgaria - 2023
Contents:
- Glycerol Price in Bulgaria (FOB) - 2022
- Glycerol Price in Bulgaria (CIF) - 2022
- Glycerol Exports in Bulgaria
- Glycerol Imports in Bulgaria
Glycerol Price in Bulgaria (FOB) - 2022
In 2022, the average glycerol export price amounted to $691 per ton, increasing by 48% against the previous year. Over the period under review, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2021 an increase of 82% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,694 per ton), while the average price for exports to Denmark ($40 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+66.4%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Price in Bulgaria (CIF) - 2022
In 2022, the average glycerol import price amounted to $764 per ton, jumping by 73% against the previous year. In general, the import price, however, recorded a pronounced setback. The import price peaked at $1,105 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($1,814 per ton), while the price for Romania ($134 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 (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Exports in Bulgaria
In 2022, approx. 28K tons of glycerol were exported from Bulgaria; jumping by 31% on 2021. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% 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 +84.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, glycerol exports skyrocketed to $19M in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 155%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Glycerol in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.3 | 1.3 | 5.3 | 11.0 | 103.8% |
| Romania | 0.9 | 0.8 | 1.0 | 1.3 | 13.0% |
| Netherlands | N/A | N/A | 0.2 | 1.1 | 450.0% |
| Poland | N/A | N/A | 0.3 | 1.1 | 266.7% |
| China | 0.6 | 0.4 | 0.5 | 1.1 | 22.4% |
| Ukraine | 0.5 | 0.4 | 0.8 | 0.3 | -15.7% |
| Denmark | N/A | N/A | N/A | 0.1 | 0% |
| India | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.8 | 0.8 | 1.8 | 3.2 | 58.7% |
| Total | 4.3 | 3.9 | 9.9 | 19.2 | 64.7% |
Top Export Markets for Glycerol from Bulgaria in 2022:
- Turkey (14.8K tons)
- China (3.9K tons)
- Romania (1.5K tons)
- Denmark (1.4K tons)
- Poland (1.4K tons)
- Ukraine (0.6K tons)
- Netherlands (0.6K tons)
- India (0.2K tons)
Glycerol Imports in Bulgaria
In 2022, purchases abroad of glycerol decreased by -5.7% to 4.5K tons, falling for the second year in a row after two years of growth. In general, imports saw a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 46%. As a result, imports attained the peak of 8.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, glycerol imports surged to $3.5M in 2022. Overall, imports, however, continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 628 | 519 | 733 | 950 | 14.8% |
| Germany | 193 | 52.9 | 180 | 926 | 68.7% |
| Denmark | N/A | N/A | N/A | 418 | 0% |
| Czech Republic | 78.8 | 390 | 224 | 349 | 64.2% |
| Romania | 334 | 811 | 351 | 263 | -7.7% |
| Poland | 109 | N/A | 355 | 128 | 5.5% |
| Others | 332 | 477 | 270 | 418 | 8.0% |
| Total | 1,675 | 2,249 | 2,114 | 3,453 | 27.3% |
Top Suppliers of Glycerol to Bulgaria in 2022:
- Romania (1961.6 tons)
- Germany (809.5 tons)
- Austria (777.9 tons)
- Denmark (512.7 tons)
- Czech Republic (192.5 tons)
- Poland (74.0 tons)
This report provides an in-depth analysis of the glycerol 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 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
- Prodcom 20411000 - Glycerol (glycerine), crude, glycerol waters and glycerol lyes
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
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