Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bulgaria - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bulgaria (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bulgaria (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bulgaria
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bulgaria

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bulgaria (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $68,134 per ton in 2022, growing by 59% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 221%. Over the period under review, average import prices attained the peak figure at $122,707 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 the Netherlands ($326,769 per ton), while the price for Jordan ($303 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bulgaria (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $26,374 per ton, reducing by -37.5% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of 615%. The export price peaked at $154,819 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($101,576 per ton), while the average price for exports to Tunisia ($20,094 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 Ukraine (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bulgaria

In 2022, approx. 5.3 tons of balances; of a sensitivity of 5cg or better, with or without weightses were imported into Bulgaria; increasing by 9.5% against 2021. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.8% 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 +76.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 73% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses skyrocketed to $359K in 2022. In general, imports, however, saw a relatively flat trend pattern.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Bulgaria in 2022:

1. Germany (1535.0 kg)
2. Turkey (1189.0 kg)
3. China (821.0 kg)
4. United States (625.0 kg)
5. Netherlands (386.0 kg)
6. Poland (262.0 kg)
7. Jordan (201.0 kg)
8. Hong Kong SAR (14.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bulgaria

Exports of balances; of a sensitivity of 5cg or better, with or without weightses from Bulgaria expanded remarkably to 4.4 tons in 2022, surging by 5.1% against the year before. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,214%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses skyrocketed to $113K in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 450% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Bulgaria in 2022:

1. Ukraine (3134.0 kg)
2. Malaysia (338.0 kg)
3. United States (267.0 kg)
4. Tunisia (235.0 kg)
5. Turkey (119.0 kg)
6. Nigeria (113.0 kg)
7. Iran (38.0 kg)

Source: IndexBox Market Intelligence Platform