| Product Code: ETC4867279 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Bulgaria`s import of magnesium nitrate hexahydrate in 2024 continued to be dominated by key suppliers such as Greece, Norway (excluding Svalbard and Jan Mayen), Germany, Spain, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated Market Top 5 Importing Countries and Market Competition (HHI) Analysis landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 1.88%, with a notable growth spike of 59.63% from 2023 to 2024. This suggests a growing demand for magnesium nitrate hexahydrate in Bulgaria and highlights the importance of monitoring Market Top 5 Importing Countries and Market Competition (HHI) Analysis trends and supplier relationships.

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 Magnesium Nitrate Hexahydrate Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Magnesium Nitrate Hexahydrate Market - Industry Life Cycle |
3.4 Bulgaria Magnesium Nitrate Hexahydrate Market - Porter's Five Forces |
3.5 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.6 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume Share, By Primary Function, 2021 & 2031F |
3.7 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Magnesium Nitrate Hexahydrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from the agriculture sector for magnesium nitrate hexahydrate as a fertilizer |
4.2.2 Growing adoption of magnesium nitrate hexahydrate in the pharmaceutical industry for various applications |
4.2.3 Rising awareness about the benefits of magnesium nitrate hexahydrate in industrial processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of magnesium nitrate hexahydrate |
4.3.2 Stringent regulatory requirements for the manufacturing and distribution of magnesium nitrate hexahydrate |
4.3.3 Competition from alternative magnesium-based products affecting market penetration |
5 Bulgaria Magnesium Nitrate Hexahydrate Market Trends |
6 Bulgaria Magnesium Nitrate Hexahydrate Market Segmentations |
6.1 Bulgaria Magnesium Nitrate Hexahydrate Market, By Manufacturing Process |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, By Nitromagnesite, 2021-2031F |
6.1.3 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, By Synthetic Process, 2021-2031F |
6.2 Bulgaria Magnesium Nitrate Hexahydrate Market, By Primary Function |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, By Solubilizing Agent, 2021-2031F |
6.2.3 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, By Dehydrating Agent, 2021-2031F |
6.2.4 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, By Oxidizing Agent, 2021-2031F |
6.2.5 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, By Reducing Agent, 2021-2031F |
6.2.6 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, By Catalyzing Agent, 2021-2031F |
6.2.7 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, By Others , 2021-2031F |
6.3 Bulgaria Magnesium Nitrate Hexahydrate Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, By Additives, 2021-2031F |
6.3.3 Bulgaria Magnesium Nitrate Hexahydrate Market Revenues & Volume, By Process Chemicals, 2021-2031F |
7 Bulgaria Magnesium Nitrate Hexahydrate Market Import-Export Trade Statistics |
7.1 Bulgaria Magnesium Nitrate Hexahydrate Market Export to Major Countries |
7.2 Bulgaria Magnesium Nitrate Hexahydrate Market Imports from Major Countries |
8 Bulgaria Magnesium Nitrate Hexahydrate Market Key Performance Indicators |
8.1 Average selling price of magnesium nitrate hexahydrate in the Bulgarian market |
8.2 Number of new product developments or innovations in the magnesium nitrate hexahydrate market |
8.3 Export volume of magnesium nitrate hexahydrate from Bulgaria to other countries |
9 Bulgaria Magnesium Nitrate Hexahydrate Market - Opportunity Assessment |
9.1 Bulgaria Magnesium Nitrate Hexahydrate Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.2 Bulgaria Magnesium Nitrate Hexahydrate Market Opportunity Assessment, By Primary Function, 2021 & 2031F |
9.3 Bulgaria Magnesium Nitrate Hexahydrate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Magnesium Nitrate Hexahydrate Market - Competitive Landscape |
10.1 Bulgaria Magnesium Nitrate Hexahydrate Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Magnesium Nitrate Hexahydrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |