Bulgaria - Hygienic Or Pharmaceutical Articles Of Rubber - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bulgaria - Hygienic Or Pharmaceutical Articles Of Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Pharmaceutical Rubber Articles Price in Bulgaria - 2023

Contents:

  1. Pharmaceutical Rubber Articles Price in Bulgaria (CIF) - 2022
  2. Pharmaceutical Rubber Articles Price in Bulgaria (FOB) - 2022
  3. Pharmaceutical Rubber Articles Imports in Bulgaria
  4. Pharmaceutical Rubber Articles Exports in Bulgaria

Pharmaceutical Rubber Articles Price in Bulgaria (CIF) - 2022

In 2022, the average pharmaceutical rubber articles import price amounted to $2.4 per unit, with a decrease of -41.2% against the previous year. In general, the import price recorded a mild downturn. The pace of growth was the most pronounced in 2013 an increase of 25%. Over the period under review, average import prices hit record highs at $4 per unit in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6.6 per unit), while the price for China ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Pharmaceutical Rubber Articles Price in Bulgaria (FOB) - 2022

The average pharmaceutical rubber articles export price stood at $1.9 per unit in 2022, reducing by -4.4% against the previous year. In general, the export price recorded a perceptible descent. The growth pace was the most rapid in 2020 an increase of 54%. As a result, the export price reached the peak level of $3 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4.8 per unit), while the average price for exports to Portugal (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+40.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pharmaceutical Rubber Articles Imports in Bulgaria

In 2022, supplies from abroad of hygienic or pharmaceutical articles of rubber increased by 12% to 218K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pharmaceutical rubber articles imports contracted remarkably to $516K in 2022. In general, imports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 6.3%. As a result, imports attained the peak of $785K, and then shrank rapidly in the following year.

Import of Pharmaceutical Rubber Articles in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1583523951682.1%
France20787.656.680.7-26.9%
China26.144.739.162.834.0%
United States5.87.511.824.160.8%
Austria21.023.215.921.40.6%
Poland13.111.719.514.43.2%
Greece8.01.136.412.817.0%
Romania0.30.92.011.3235.2%
Turkey15725.66.811.1-58.7%
SpainN/A0.50.39.8342.7%
Slovakia1.53.13.36.462.2%
HungaryN/A67.8N/A2.0-82.8%
United Kingdom26.614.347.4N/A33.5%
Others96.398.515091.1-1.8%
Total721738785516-10.6%

Top Suppliers of Pharmaceutical Rubber Articles to Bulgaria in 2022:

  1. China (67.8K units)
  2. Germany (44.9K units)
  3. France (18.5K units)
  4. Austria (14.1K units)
  5. Turkey (10.2K units)
  6. Greece (8.8K units)
  7. Spain (7.2K units)
  8. Poland (6.2K units)
  9. United States (4.0K units)
  10. Romania (3.7K units)
  11. Slovakia (3.2K units)
  12. Hungary (0.2K units)

Pharmaceutical Rubber Articles Exports in Bulgaria

In 2022, the amount of hygienic or pharmaceutical articles of rubber exported from Bulgaria soared to 516K units, rising by 28% compared with 2021. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 40% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, pharmaceutical rubber articles exports skyrocketed to $961K in 2022. In general, exports continue to indicate prominent growth. The growth pace was the most rapid in 2020 when exports increased by 116%. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Pharmaceutical Rubber Articles in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IranN/A5.819.825.9111.3%
IsraelN/AN/AN/A21.30%
Germany3.358.226.420.583.8%
Serbia1.911.118.318.3112.8%
North Macedonia3.54.89.415.263.2%
GreeceN/A2.66.213.0123.6%
MoroccoN/A0.37.68.7438.5%
GeorgiaN/A2.02.66.276.1%
SpainN/A2.240.23.729.7%
PortugalN/AN/AN/A1.70%
IrelandN/AN/A1.41.57.1%
United Kingdom575842596N/A1.8%
Saudi ArabiaN/A392N/AN/A0%
Others49.646.054.9825155.3%
Total6331,36778396114.9%

Top Export Markets for Pharmaceutical Rubber Articles from Bulgaria in 2022:

  1. Portugal (87.6K units)
  2. Ireland (33.2K units)
  3. Greece (18.5K units)
  4. Iran (9.5K units)
  5. Israel (8.9K units)
  6. North Macedonia (8.9K units)
  7. Serbia (4.9K units)
  8. Spain (4.9K units)
  9. Georgia (4.7K units)
  10. Germany (4.3K units)
  11. Morocco (3.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pharmaceutical rubber articles 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 22197130 - Hygienic or pharmaceutical articles of rubber (excluding sheath contraceptives)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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