The Polyamides market in Bulgaria reached a value of 65.97 million Euros in 2023. The market evidenced a solid growth trajectory over the last decade, with significant fluctuations in annual growth rates. Notably, the market grew robustly between 2013 and 2018, with year-on-year growth peaking at over 21%. However, 2020 witnessed a decline, with a 6.68% drop due to global disruptions. Recovery followed, highlighted by a growth rate of 16.98% in 2021. The five-year compound annual growth rate stood at 5.77% by 2023, reflective of moderate expansion.
Future trends to monitor include:
- Increasing demand for sustainable and recyclable polyamides.
- Technological advancements in polyamide applications.
- Potential regulatory impacts on polyamide production and sale.
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 887,330,000 | 2023 | -2.13% | +0.13% | View data |
| 2 | 2 Poland | 566,030,000 | 2023 | +2.51% | +1.18% | View data |
| 3 | 3 Czech Republic | 468,710,000 | 2023 | +3.83% | +3.52% | View data |
| 4 | 4 Slovakia | 194,540,000 | 2023 | +2.58% | +3.89% | View data |
| 5 | 5 Hungary | 152,140,000 | 2023 | -3.09% | -3.76% | View data |
| 7 | 7 Portugal | 93,118,000 | 2023 | +2.5% | +2.11% | View data |
| 8 | 8 Finland | 87,087,000 | 2023 | -1.07% | +2.56% | View data |
| 9 | 9 Bulgaria | 65,970,000 | 2023 | +6.58% | +5.77% | |
| 10 | 10 Denmark | 46,544,000 | 2023 | +0.42% | -2.3% | View data |
| 11 | 11 Lithuania | 41,219,000 | 2023 | +5.15% | +4.35% | View data |
