Key Market Indicators
The export of antibiotics from Bulgaria is projected to rise to approximately $40 million by 2028, a modest increase from nearly $38 million in 2023. This growth represents a compound annual growth rate (CAGR) of 0.7%. Historical data indicates that Bulgarian antibiotic supply has seen a consistent annual increase of 1% since 2001. On the import side, Bulgaria is expected to see a more substantial rise. Antibiotic imports are forecasted to reach about $69 million by 2028, up from around $57 million in 2023. This translates to an average annual growth rate of 2.9%. Since 2001, the demand for antibiotics in Bulgaria has grown at an annual rate of 3.4%. These figures highlight a steady increase in both the supply and demand for antibiotics in Bulgaria, with a more pronounced growth on the import front.
