| Product Code: ETC6550882 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Bulgaria`s marine oil import shipments in 2024 continued to be largely compliant with IMO regulations, with top exporting countries being Egypt, Russia, Romania, Turkey, and Germany. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the Market Top 5 Importing Countries and Market Competition (HHI) Analysis showed strong growth with a remarkable Compound Annual Growth Rate (CAGR) of 36.94% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024, indicating a potential shift in Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics that should be monitored closely.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Industry Life Cycle |
3.4 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Porter's Five Forces |
3.5 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Implementation of stricter environmental regulations by the International Maritime Organization (IMO) requiring the use of compliant marine oil in Bulgaria. |
4.2.2 Growing awareness and focus on sustainability and reducing marine pollution. |
4.2.3 Increase in demand for IMO 2020 compliant marine oil due to its lower sulfur content and environmental benefits. |
4.3 Market Restraints |
4.3.1 Higher costs associated with IMO 2020 compliant marine oil compared to traditional marine fuels. |
4.3.2 Limited availability of IMO 2020 compliant marine oil in the market. |
4.3.3 Potential operational challenges for ships transitioning to compliant marine oil. |
5 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Trends |
6 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market, By Types |
6.1 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Types, 2021- 2031F |
6.1.3 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Hydrogenation, 2021- 2031F |
6.1.4 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Mix and Match, 2021- 2031F |
6.1.5 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Oil Tankers, 2021- 2031F |
6.2.3 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Bulk Carriers, 2021- 2031F |
6.2.4 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By General Cargo, 2021- 2031F |
6.2.5 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Container Ships, 2021- 2031F |
6.2.6 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenues & Volume, By Others, 2021- 2031F |
7 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Import-Export Trade Statistics |
7.1 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Export to Major Countries |
7.2 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Imports from Major Countries |
8 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Key Performance Indicators |
8.1 Percentage increase in the adoption rate of IMO 2020 compliant marine oil in Bulgaria. |
8.2 Number of new suppliers entering the market with IMO 2020 compliant marine oil products. |
8.3 Average price comparison between IMO 2020 compliant marine oil and traditional marine fuels in Bulgaria. |
8.4 Number of vessels fitted with scrubbers or other compliance solutions to meet IMO 2020 regulations. |
8.5 Quantity of sulfur emissions reduced as a result of the transition to IMO 2020 compliant marine oil in Bulgaria. |
9 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Opportunity Assessment |
9.1 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market - Competitive Landscape |
10.1 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria International Maritime Organization (IMO) 2021 Compliant Marine Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |