| Product Code: ETC4877121 | 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 import shipments of phosphoric acid in 2024 continued to see a high concentration of supply, with the top exporting countries being Serbia, Israel, China, Greece, and Slovenia. The Herfindahl-Hirschman Index (HHI) indicating Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration rose from high to very high in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 6.18%, with a growth rate of 5.14% from 2023 to 2024, suggesting a steady increase in demand for phosphoric acid in Bulgaria`s Market Top 5 Importing Countries and Market Competition (HHI) Analysis .

By 2027, Bulgaria's Phosphoric Acid market is forecasted to achieve a stable growth rate of 0.00%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here