Chromium Trioxide Price in Bulgaria - 2023

Contents:

  1. Chromium Trioxide Price in Bulgaria (CIF) - 2022
  2. Chromium Trioxide Imports in Bulgaria

Chromium Trioxide Price in Bulgaria (CIF) - 2022

The average chromium trioxide import price stood at $4,017 per ton in 2022, growing by 70% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices attained the maximum at $4,056 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Romania ($5,332 per ton), while the price for Germany ($3,284 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%).

Chromium Trioxide Imports in Bulgaria

In 2022, the amount of chromium trioxides imported into Bulgaria surged to 55 tons, with an increase of 34% against the previous year's figure. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, chromium trioxide imports surged to $222K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chromium Trioxide in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany90.385.094.21086.1%
United States33.6N/AN/A84.135.8%
RomaniaN/AN/AN/A19.20%
Others2.40.42.810.563.6%
Total12685.397.022220.8%

Top Suppliers of Chromium Trioxide to Bulgaria in 2022:

  1. Germany (32.8 tons)
  2. United States (18.0 tons)
  3. Romania (3.6 tons)

Source: IndexBox Market Intelligence Platform

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