| Product Code: ETC5312962 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Bulgaria continued to heavily rely on imports of refined petroleum products, with top suppliers being Romania, Serbia, Hungary, Belgium, and Greece. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The industry demonstrated strong growth, with a notable compound annual growth rate (CAGR) of 12.58% from 2020 to 2024. Moreover, the growth momentum persisted in 2024, with a growth rate of 12.28% compared to the previous year. This data highlights the significance of these imports for Bulgaria`s petroleum sector and underscores the competitive dynamics shaping the Market Top 5 Importing Countries and Market Competition (HHI) Analysis .

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 Refined Petroleum Products Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Refined Petroleum Products Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Refined Petroleum Products Market - Industry Life Cycle |
3.4 Bulgaria Refined Petroleum Products Market - Porter's Five Forces |
3.5 Bulgaria Refined Petroleum Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bulgaria Refined Petroleum Products Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Bulgaria Refined Petroleum Products Market Revenues & Volume Share, By Fraction, 2021 & 2031F |
4 Bulgaria Refined Petroleum Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for clean transportation fuels |
4.2.2 Growing industrial activities and infrastructure development in Bulgaria |
4.2.3 Favorable government policies and regulations promoting the use of refined petroleum products |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting the cost of refined petroleum products |
4.3.2 Environmental concerns and increasing focus on renewable energy sources |
4.3.3 Competition from alternative energy sources such as electric vehicles |
5 Bulgaria Refined Petroleum Products Market Trends |
6 Bulgaria Refined Petroleum Products Market Segmentations |
6.1 Bulgaria Refined Petroleum Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.3 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Gasoline, 2021-2031F |
6.1.4 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Fuel Oils, 2021-2031F |
6.1.5 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Kerosene, 2021-2031F |
6.1.6 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bulgaria Refined Petroleum Products Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Fuel, 2021-2031F |
6.2.3 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.4 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bulgaria Refined Petroleum Products Market, By Fraction |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Light Distillates, 2021-2031F |
6.3.3 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Middle Distillates, 2021-2031F |
6.3.4 Bulgaria Refined Petroleum Products Market Revenues & Volume, By Heavy Oils, 2021-2031F |
7 Bulgaria Refined Petroleum Products Market Import-Export Trade Statistics |
7.1 Bulgaria Refined Petroleum Products Market Export to Major Countries |
7.2 Bulgaria Refined Petroleum Products Market Imports from Major Countries |
8 Bulgaria Refined Petroleum Products Market Key Performance Indicators |
8.1 Average selling price of refined petroleum products in Bulgaria |
8.2 Number of new infrastructure projects using refined petroleum products |
8.3 Percentage of vehicles using refined petroleum products compared to alternative fuels |
9 Bulgaria Refined Petroleum Products Market - Opportunity Assessment |
9.1 Bulgaria Refined Petroleum Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bulgaria Refined Petroleum Products Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Bulgaria Refined Petroleum Products Market Opportunity Assessment, By Fraction, 2021 & 2031F |
10 Bulgaria Refined Petroleum Products Market - Competitive Landscape |
10.1 Bulgaria Refined Petroleum Products Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Refined Petroleum Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |