Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Bulgaria - 2023

Contents:

1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Bulgaria (CIF) - 2023
2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Bulgaria (FOB) - 2022
3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Bulgaria
4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Bulgaria

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Bulgaria (CIF) - 2023

In October 2023, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $24,556 per ton, jumping by 286% against the previous month. Over the period under review, the import price enjoyed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was China ($33,114 per ton), while the price for the United States stood at $21,386 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Bulgaria (FOB) - 2022

In 2022, the average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $12,209 per ton, rising by 14% against the previous year. In general, the export price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 143% against the previous year. The export price peaked at $16,216 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($35,593 per ton), while the average price for exports to Romania ($5,276 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 Malaysia (+49.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Bulgaria

In 2022, approx. 268 tons of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses were imported into Bulgaria; picking up by 65% compared with 2021 figures. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 123% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses skyrocketed to $1.7M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Bulgaria in 2022:

1. Belgium (97.0 tons)
2. Poland (77.4 tons)
3. Germany (33.7 tons)
4. Netherlands (16.5 tons)
5. India (13.1 tons)
6. China (11.0 tons)
7. Slovenia (5.4 tons)
8. United Kingdom (1.5 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Bulgaria

In 2022, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses from Bulgaria expanded remarkably to 27 tons, increasing by 12% on the previous year. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 153%. As a result, the exports reached the peak of 36 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses soared to $326K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 85% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Bulgaria in 2022:

1. Turkey (9.4 tons)
2. Romania (5.1 tons)
3. Netherlands (4.0 tons)
4. Serbia (3.1 tons)
5. Greece (1.5 tons)
6. North Macedonia (1.2 tons)
7. Malaysia (0.8 tons)

Source: IndexBox Market Intelligence Platform