Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria (CIF) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria (CIF) - 2023
In August 2023, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,569 per ton, increasing by 15% against the previous month. In general, the import price, however, showed a mild reduction. The growth pace was the most rapid in April 2023 when the average import price increased by 46% against the previous month. As a result, import price reached the peak level of $4,760 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Poland ($9,250 per ton), while the price for Turkey ($2,482 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,824 per ton in 2022, with an increase of 51% against the previous year. Over the period under review, the export price enjoyed slight growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($3,285 per ton) and Greece ($2,660 per ton), while the average price for exports to Romania ($2,307 per ton) and Slovakia ($2,649 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 Poland (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria
In 2022, approx. 209 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were imported into Bulgaria; waning by -19.3% compared with the previous year. Over the period under review, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 259 tons, and then fell notably in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $813K in 2022. Overall, imports, however, continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.5 | 2.7 | 2.3 | 331 | 291.9% |
| Denmark | 321 | 175 | 310 | 305 | -1.7% |
| Greece | 12.4 | 8.7 | 1.4 | 67.4 | 75.8% |
| Netherlands | 37.8 | 57.7 | 64.0 | 57.9 | 15.3% |
| Romania | 4.7 | 9.6 | 18.8 | 18.6 | 58.2% |
| Belgium | N/A | 46.1 | 62.2 | 3.1 | -74.1% |
| Others | 11.6 | 26.8 | 19.3 | 30.3 | 37.7% |
| Total | 393 | 327 | 478 | 813 | 27.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Bulgaria in 2022:
- Denmark (102.8 tons)
- Germany (57.2 tons)
- Greece (25.6 tons)
- Netherlands (15.5 tons)
- Romania (4.7 tons)
- Belgium (0.8 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses exported from Bulgaria skyrocketed to 13 tons, jumping by 33% compared with the previous year. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 130% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $37K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 159%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | N/A | 14.8 | 0% |
| Greece | 11.2 | 7.1 | 15.0 | 13.8 | 7.2% |
| Romania | N/A | N/A | 3.5 | 6.4 | 82.9% |
| Slovakia | N/A | N/A | N/A | 1.6 | 0% |
| Others | N/A | N/A | N/A | 0.6 | 0% |
| Total | 11.2 | 7.1 | 18.4 | 37.1 | 49.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Bulgaria in 2022:
- Greece (5.2 tons)
- Poland (4.5 tons)
- Romania (2.8 tons)
- Slovakia (0.6 tons)
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