| Product Code: ETC4861693 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s magnesium sulphate import Market Top 5 Importing Countries and Market Competition (HHI) Analysis in 2024 continued to be dominated by key suppliers such as Romania, Germany, Greece, Czechia, and Turkey. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated Market Top 5 Importing Countries and Market Competition (HHI) Analysis structure. The impressive compound annual growth rate (CAGR) of 29.71% from 2020 to 2024, coupled with a significant growth rate of 64.98% in 2024 alone, suggests a growing demand for magnesium sulphate in Bulgaria. This data underscores the importance of monitoring Market Top 5 Importing Countries and Market Competition (HHI) Analysis trends and competitor activities in the magnesium sulphate import sector for strategic decision-making.

In the Europe region, the Magnesium Sulphate market in Bulgaria is projected to expand at a growing growth rate of 8.85% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Sulphate Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Magnesium Sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Magnesium Sulphate Market - Industry Life Cycle |
3.4 Bulgaria Magnesium Sulphate Market - Porter's Five Forces |
3.5 Bulgaria Magnesium Sulphate Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Bulgaria Magnesium Sulphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Magnesium Sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing use of magnesium sulfate in agriculture for soil improvement and crop enhancement |
4.2.2 Growing awareness about the benefits of magnesium sulfate in healthcare and wellness sectors |
4.2.3 Rising demand for magnesium sulfate in industrial applications such as pharmaceuticals and chemical processing |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall cost of production |
4.3.2 Stringent regulations and quality standards for magnesium sulfate production and distribution |
4.3.3 Competition from alternative products affecting market penetration and pricing |
5 Bulgaria Magnesium Sulphate Market Trends |
6 Bulgaria Magnesium Sulphate Market Segmentations |
6.1 Bulgaria Magnesium Sulphate Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Magnesium Sulphate Market Revenues & Volume, By Heptahydrate, 2021-2031F |
6.1.3 Bulgaria Magnesium Sulphate Market Revenues & Volume, By Anhydrous, 2021-2031F |
6.1.4 Bulgaria Magnesium Sulphate Market Revenues & Volume, By Monohydrate, 2021-2031F |
6.2 Bulgaria Magnesium Sulphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Magnesium Sulphate Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Bulgaria Magnesium Sulphate Market Revenues & Volume, By Food & Feed additives, 2021-2031F |
6.2.4 Bulgaria Magnesium Sulphate Market Revenues & Volume, By Pharmaceuticals & Personal Care, 2021-2031F |
6.2.5 Bulgaria Magnesium Sulphate Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.6 Bulgaria Magnesium Sulphate Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.2.7 Bulgaria Magnesium Sulphate Market Revenues & Volume, By Others, 2021-2031F |
7 Bulgaria Magnesium Sulphate Market Import-Export Trade Statistics |
7.1 Bulgaria Magnesium Sulphate Market Export to Major Countries |
7.2 Bulgaria Magnesium Sulphate Market Imports from Major Countries |
8 Bulgaria Magnesium Sulphate Market Key Performance Indicators |
8.1 Average selling price of magnesium sulfate in the Bulgarian market |
8.2 Rate of adoption of magnesium sulfate in different industries |
8.3 Number of new product developments or innovations in the magnesium sulfate market in Bulgaria |
9 Bulgaria Magnesium Sulphate Market - Opportunity Assessment |
9.1 Bulgaria Magnesium Sulphate Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Bulgaria Magnesium Sulphate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Magnesium Sulphate Market - Competitive Landscape |
10.1 Bulgaria Magnesium Sulphate Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Magnesium Sulphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |