Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bulgaria - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bulgaria (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bulgaria
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bulgaria (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $3,060 per ton in 2022, approximately equating the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses increased by +14.3% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 47% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
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 Turkey ($5,260 per ton), while the price for Greece ($2,462 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bulgaria
After three years of growth, overseas purchases of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -17.5% to 36 tons in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 91% against the previous year.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses declined notably to $111K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. As a result, imports reached the peak of $134K, and then fell markedly in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | N/A | 50.3 | 0% |
| Germany | 11.4 | 16.3 | 31.8 | 26.1 | 31.8% |
| Turkey | 12.5 | 38.0 | 12.1 | 16.6 | 9.9% |
| Spain | N/A | N/A | 10.8 | 16.1 | 49.1% |
| Poland | N/A | N/A | 0.7 | 1.9 | 171.4% |
| Belgium | N/A | 0.9 | 20.5 | N/A | 2177.8% |
| Czech Republic | 21.1 | 20.9 | 52.7 | N/A | 58.0% |
| Others | N/A | 0.9 | 5.4 | N/A | 500.0% |
| Total | 45.0 | 76.9 | 134 | 111 | 35.1% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Bulgaria in 2022:
- Greece (20.4 tons)
- Germany (6.6 tons)
- Spain (5.5 tons)
- Turkey (3.1 tons)
- Poland (0.6 tons)
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