Within the 2019-2024 timeframe, accordingly, our forecast models predict growth from 5.1% p.a. in a low scenario to 8.7% p.a. in a high scenario. This should see the industry in Bulgaria achieve revenues of between $80.5m to $94.8m by 2024.
The commercial industrial gases market in Bulgaria generated revenues of approximately $71m in 2019. This was up from $67m in 2009, indicating an average annual growth rate of 0.8% p.a. for the decade.
Between 2009 and 2019 GDP grew by an average of 4.0% p.a. when adjusted for inflation. While pre-2009 the economy benefited from significant amounts of bank lending, consumption, and foreign direct investment, growth in the years since 2010 has been slower to recover.
Report Data: 2019
Each report contains a 10-year history and 5-year forecast of the respective gas markets.
- Industrial gas supply structure
- Companies operating within each country
- Market structure in terms of demand for gases
- Macro-economic influences and drivers
- Future market forecasts
- Investment potential
Cost: $2150 USD
(A global BI Online subscription can give you a 25% discount on this report)