| Product Code: ETC4692783 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s iodine import shipments in 2024 were primarily sourced from Poland, Chile, Belgium, Germany, and Spain, indicating diverse supplier options. However, the high Herfindahl-Hirschman Index (HHI) suggests a concentrated Market Top 5 Importing Countries and Market Competition (HHI) Analysis . The significant negative Compound Annual Growth Rate (CAGR) of -29.22% from 2020 to 2024 raises concerns about long-term sustainability. Furthermore, the drastic decline in growth rate from 2023 to 2024 by -84.39% may indicate challenges or disruptions in the iodine import Market Top 5 Importing Countries and Market Competition (HHI) Analysis that require further investigation and strategic planning for stakeholders.

In the Europe region, the Iodine market in Bulgaria is projected to expand at a stable growth rate of 0.01% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

The iodine market in Bulgaria is growing due to the essential role of iodine in various industrial and health applications. Iodine is used in pharmaceuticals, disinfectants, and as a nutritional supplement. Market growth is supported by increasing demand for iodine in healthcare and industrial applications, advancements in iodine extraction and production technologies, and rising awareness of iodine`s health benefits.
The Iodine market in Bulgaria benefits from the demand for iodine-based products in various applications, including pharmaceuticals, disinfectants, and chemical synthesis. Iodine plays a crucial role in health and industrial processes, driving its use in diverse sectors and supporting market growth.
The iodine market in Bulgaria faces challenges related to the supply and demand dynamics of iodine and its derivatives. Iodine is used in various applications, including pharmaceuticals, disinfectants, and industrial processes, and there is a need for a stable and reliable supply of iodine. Companies must navigate fluctuations in iodine prices and ensure compliance with regulatory standards. Additionally, addressing competition from alternative iodine sources and managing production costs are critical factors in maintaining market position.
The iodine market in Bulgaria is influenced by government policies that support advancements in chemical and pharmaceutical industries. The Bulgarian government promotes the use of iodine in medical applications, dietary supplements, and industrial processes. Policies emphasize the integration of advanced iodine technologies to improve product quality and safety. Additionally, the government offers incentives for investments in iodine production and technologies, aiming to support industry growth and innovation while ensuring the availability of essential iodine-based products.
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 Iodine Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Iodine Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Iodine Market - Industry Life Cycle |
3.4 Bulgaria Iodine Market - Porter's Five Forces |
3.5 Bulgaria Iodine Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Bulgaria Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Bulgaria Iodine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Iodine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bulgaria Iodine Market Trends |
6 Bulgaria Iodine Market Segmentations |
6.1 Bulgaria Iodine Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Iodine Market Revenues & Volume, By Caliche Ore, 2021-2031F |
6.1.3 Bulgaria Iodine Market Revenues & Volume, By Underground Brines, 2021-2031F |
6.1.4 Bulgaria Iodine Market Revenues & Volume, By Recycling, 2021-2031F |
6.1.5 Bulgaria Iodine Market Revenues & Volume, By Seaweeds, 2021-2031F |
6.2 Bulgaria Iodine Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Iodine Market Revenues & Volume, By Organic Compounds, 2021-2031F |
6.2.3 Bulgaria Iodine Market Revenues & Volume, By Inorganic Salts & Complexes, 2021-2031F |
6.2.4 Bulgaria Iodine Market Revenues & Volume, By Elemental & Isotopes, 2021-2031F |
6.3 Bulgaria Iodine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Iodine Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.3.3 Bulgaria Iodine Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Bulgaria Iodine Market Revenues & Volume, By Optical Polarizing Films, 2021-2031F |
6.3.5 Bulgaria Iodine Market Revenues & Volume, By Catalyst in Polymer Processing, 2021-2031F |
6.3.6 Bulgaria Iodine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.7 Bulgaria Iodine Market Revenues & Volume, By Fluorochemicals, 2021-2031F |
6.3.8 Bulgaria Iodine Market Revenues & Volume, By Others? , 2021-2031F |
6.3.9 Bulgaria Iodine Market Revenues & Volume, By Others? , 2021-2031F |
7 Bulgaria Iodine Market Import-Export Trade Statistics |
7.1 Bulgaria Iodine Market Export to Major Countries |
7.2 Bulgaria Iodine Market Imports from Major Countries |
8 Bulgaria Iodine Market Key Performance Indicators |
9 Bulgaria Iodine Market - Opportunity Assessment |
9.1 Bulgaria Iodine Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Bulgaria Iodine Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Bulgaria Iodine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Iodine Market - Competitive Landscape |
10.1 Bulgaria Iodine Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Iodine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |