Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $1,678 per ton, surging by 45% against the previous year. In general, the import price saw a buoyant increase. The pace of growth was the most pronounced in 2021 an increase of 105%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($7,790 per ton), while the price for China ($1,319 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $1,205 per ton, falling by -16.4% against the previous year. Overall, the export price, however, recorded mild growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 32% against the previous year. As a result, the export price reached the peak level of $1,442 per ton, and then declined notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($1,671 per ton), while the average price for exports to Greece ($712 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 Romania (+6.6%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; formic acids was finally on the rise to reach 120 tons after two years of decline. In general, imports, however, showed a dramatic slump.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids surged to $202K in 2022. Overall, imports, however, showed a abrupt decline.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 97.4 | 52.0 | 41.1 | 148 | 15.0% |
| China | 13.2 | 44.7 | 21.6 | 29.9 | 31.3% |
| Netherlands | N/A | N/A | N/A | 8.8 | 0% |
| Greece | 4.0 | 6.4 | 36.6 | 5.7 | 12.5% |
| Poland | N/A | N/A | N/A | 4.0 | 0% |
| Belgium | 9.1 | 0.9 | N/A | 2.3 | -36.8% |
| Turkey | 0.8 | 0.7 | 17.6 | N/A | 369.0% |
| Others | 125 | 0.9 | 1.0 | 3.5 | -69.6% |
| Total | 249 | 106 | 118 | 202 | -6.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Bulgaria in 2022:
- Germany (83.9 tons)
- China (22.7 tons)
- Netherlands (6.0 tons)
- Greece (3.4 tons)
- Poland (2.4 tons)
- Belgium (0.3 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; formic acids exported from Bulgaria skyrocketed to 52 tons, growing by 58% on the previous year's figure. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 953%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; formic acids skyrocketed to $62K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,293% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Bulgaria (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Iran | N/A | N/A | 36.1 | 0% |
| Greece | N/A | 6.4 | 16.2 | 153.1% |
| Romania | 3.4 | N/A | 9.8 | 69.8% |
| Belgium | N/A | 40.6 | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 3.4 | 46.9 | 62.1 | 327.4% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid from Bulgaria in 2022:
- Greece (22.7 tons)
- Iran (21.6 tons)
- Romania (7.2 tons)
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