Liquefied Butanes Price in Bulgaria - 2023

Contents:

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

Liquefied Butanes Price in Bulgaria (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $664 per ton, surging by 20% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of 67%. The import price peaked at $844 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($746 per ton) and Romania ($658 per ton), while the price for the Czech Republic ($643 per ton) and Russia ($654 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-2.4%), while the prices for the other major suppliers experienced a decline.

Liquefied Butanes Price in Bulgaria (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $919 per ton, growing by 21% against the previous year. In general, the export price, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2021 when the average export price increased by 47% against the previous year. The export price peaked at $1,039 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ukraine ($1,024 per ton) and Croatia ($960 per ton), while the average price for exports to Serbia ($813 per ton) and North Macedonia ($862 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+13.6%), while the prices for the other major destinations experienced mixed trend patterns.

Liquefied Butanes Imports in Bulgaria

Liquefied butanes imports into Bulgaria dropped rapidly to 117K tons in 2022, with a decrease of -21.4% on 2021. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 4.3% against the previous year.

In value terms, liquefied butanes imports dropped to $78M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.6% 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 +65.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 75%. As a result, imports attained the peak of $82M, and then contracted in the following year.

Top Suppliers of Liquefied Butanes to Bulgaria in 2022:

1. Romania (98.2K tons)
2. Russia (9.6K tons)
3. Turkey (5.6K tons)
4. Czech Republic (2.7K tons)

Liquefied Butanes Exports in Bulgaria

For the fourth year in a row, Bulgaria recorded growth in overseas shipments of liquefied butaneses, which increased by 5% to 21K tons in 2022. The total export volume increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, liquefied butanes exports surged to $19M in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Liquefied Butanes from Bulgaria in 2022:

1. North Macedonia (10.7K tons)
2. Croatia (4.8K tons)
3. Ukraine (4.7K tons)
4. Serbia (0.8K tons)

Source: IndexBox Market Intelligence Platform