Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $1,083 per ton in 2022, increasing by 28% against the previous year. In general, the import price posted a modest increase. The most prominent rate of growth was recorded in 2017 an increase of 209%. As a result, import price attained the peak level of $1,896 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($1,182 per ton) and China ($1,118 per ton), while the price for Romania ($796 per ton) and Germany ($1,079 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $989 per ton in 2022, jumping by 288% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $1,664 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +4.5% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria
In 2022, approx. 646 tons of acids; saturated acyclic monocarboxylic acids; salts of formic acidses were imported into Bulgaria; falling by -23% on 2021. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 31%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses fell to $700K in 2022. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 67%.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 325 | 284 | 384 | 571 | 20.7% |
| China | 38.3 | 66.4 | 228 | 82.7 | 29.3% |
| Poland | 7.4 | 3.6 | 59.4 | 35.4 | 68.5% |
| Romania | 27.7 | 30.0 | 12.2 | 7.6 | -35.0% |
| Netherlands | 59.2 | 31.2 | 22.2 | N/A | -38.8% |
| Others | 485 | 9.1 | 4.3 | 3.3 | -81.1% |
| Total | 942 | 424 | 710 | 700 | -9.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Bulgaria in 2022:
- Germany (529.0 tons)
- China (74.0 tons)
- Poland (30.0 tons)
- Romania (9.6 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria
After two years of decline, shipments abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses decreased by -96.1% to 3.7 tons in 2022. Overall, exports, however, enjoyed significant growth.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses fell markedly to $3.7K in 2022. In general, exports, however, showed prominent growth.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | N/A | 3.7 | 0% |
| Hungary | N/A | N/A | 23.1 | N/A | 0% |
| Others | 2.5 | N/A | 1.3 | N/A | -27.9% |
| Total | 2.5 | N/A | 24.4 | 3.7 | 14.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Bulgaria in 2022:
- Romania (3.7 tons)
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