Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria - 2023

Contents:

1. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria (CIF) - 2022
2. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria (FOB) - 2022
3. Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria
4. Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria (CIF) - 2022

The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $870 per ton in 2022, approximately mirroring the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $1,014 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,190 per ton), while the price for Austria ($369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria (FOB) - 2022

In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $1,498 per ton, declining by -88.3% against the previous year. Overall, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 1,283%. As a result, the export price attained the peak level of $18,999 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($1,735 per ton), while the average price for exports to North Macedonia ($628 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 Italy (+50.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria

In 2022, imports of aluminium oxide (including artificial corundum); aluminium hydroxide into Bulgaria reached 5.5K tons, surging by 5% against 2021. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide rose slightly to $4.8M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Bulgaria in 2022:

1. Austria (2283.4 tons)
2. Bosnia and Herzegovina (714.1 tons)
3. China (519.6 tons)
4. United States (516.2 tons)
5. Hungary (455.1 tons)
6. Germany (308.6 tons)
7. Ukraine (162.6 tons)
8. Romania (155.4 tons)
9. France (64.2 tons)

Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria

In 2022, the amount of aluminium oxide (including artificial corundum); aluminium hydroxide exported from Bulgaria soared to 197 tons, jumping by 76% against 2021 figures. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 209% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide declined notably to $295K in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 632%.

Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Bulgaria in 2022:

1. Oman (115.0 tons)
2. Ukraine (30.1 tons)
3. Iran (24.0 tons)
4. Turkey (16.4 tons)
5. North Macedonia (10.0 tons)

Source: IndexBox Market Intelligence Platform