Cerium Compounds Price in Bulgaria - 2024

Contents:

  1. Cerium Compounds Price in Bulgaria (CIF) - 2022
  2. Cerium Compounds Price in Bulgaria (FOB) - 2022
  3. Cerium Compounds Imports in Bulgaria
  4. Cerium Compounds Exports in Bulgaria

Cerium Compounds Price in Bulgaria (CIF) - 2022

The average cerium compounds import price stood at $24,420 per ton in 2022, increasing by 291% against the previous year. In general, the import price, however, showed a abrupt shrinkage. The import price peaked at $79,018 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($39,526 per ton), while the price for Turkey ($2,234 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.0%), while the prices for the other major suppliers experienced a decline.

Cerium Compounds Price in Bulgaria (FOB) - 2022

The average cerium compounds export price stood at $101,875 per ton in 2022, jumping by 296% against the previous year. Over the period under review, the export price saw a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($161,250 per ton), while the average price for exports to the Netherlands ($31,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.3%).

Cerium Compounds Imports in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in purchases abroad of cerium compoundses, which increased by 6.5% to 41 tons in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, cerium compounds imports soared to $1M in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cerium Compounds in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.311.519.6908281.9%
Turkey45.850.064.339.3-5.0%
NetherlandsN/A2.6128N/A4823.1%
Others31.439.429.758.823.3%
Total93.51042421,007120.8%

Top Suppliers of Cerium Compounds to Bulgaria in 2022:

  1. United States (23.0 tons)
  2. Turkey (17.6 tons)

Cerium Compounds Exports in Bulgaria

After three years of growth, shipments abroad of cerium compoundses decreased by -82.2% to 8 kg in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,150% against the previous year. As a result, the exports reached the peak of 45 kg, and then reduced rapidly in the following year.

In value terms, cerium compounds exports shrank rapidly to $815 in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 2,218% against the previous year. As a result, the exports reached the peak of $1.2K, and then declined notably in the following year.

Export of Cerium Compounds in Bulgaria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/AN/A6450%
Netherlands7.050.01,15995.0138.5%
EcuadorN/AN/AN/A75.00%
OthersN/AN/AN/AN/A0%
Total7.050.01,159815388.3%

Top Export Markets for Cerium Compounds from Bulgaria in 2022:

  1. Portugal (4.0 kg)
  2. Netherlands (3.0 kg)
  3. Ecuador (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Bulgaria