Chlorides; of Aluminium Price in Bulgaria - 2023

Contents:

1. Chlorides; of Aluminium Price in Bulgaria (CIF) - 2023
2. Chlorides; of Aluminium Price in Bulgaria (FOB) - 2022
3. Chlorides; of Aluminium Imports in Bulgaria
4. Chlorides; of Aluminium Exports in Bulgaria

Chlorides; of Aluminium Price in Bulgaria (CIF) - 2023

In August 2023, the average chlorides; of aluminium import price amounted to $588 per ton, increasing by 38% against the previous month. Over the period under review, import price indicated a notable expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, chlorides; of aluminium import price increased by +67.7% against May 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From August 2022 to August 2023, the rate of growth in terms of prices for Turkey amounted to +3.7% per month.

Chlorides; of Aluminium Price in Bulgaria (FOB) - 2022

In 2022, the average chlorides; of aluminium export price amounted to $452 per ton, with an increase of 20% against the previous year. In general, the export price, however, recorded a deep slump. The pace of growth was the most pronounced in 2016 an increase of 163% against the previous year. The export price peaked at $1,359 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($1,104 per ton), while the average price for exports to Greece ($273 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 North Macedonia (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorides; of Aluminium Imports in Bulgaria

For the fourth year in a row, Bulgaria recorded growth in overseas purchases of chlorides; of aluminia, which increased by 45% to 2.8K tons in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chlorides; of aluminium imports soared to $1.1M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Chlorides; of Aluminium to Bulgaria in 2022:

1. Turkey (1262.9 tons)
2. Hungary (809.1 tons)
3. Romania (710.4 tons)

Chlorides; of Aluminium Exports in Bulgaria

Chlorides; of aluminium exports from Bulgaria soared to 426 tons in 2022, growing by 124% on the previous year. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 263%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, chlorides; of aluminium exports surged to $193K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Chlorides; of Aluminium from Bulgaria in 2022:

1. Ukraine (344.6 tons)
2. North Macedonia (26.6 tons)
3. Greece (25.4 tons)
4. Germany (20.0 tons)
5. Romania (7.6 tons)
6. Armenia (1.6 tons)

Source: IndexBox Market Intelligence Platform