Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria - 2023

Contents:

  1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria (CIF) - 2023
  2. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria (FOB) - 2022
  3. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria
  4. Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria (CIF) - 2023

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,112 per ton in November 2023, waning by -5.2% against the previous month. Overall, the import price saw a noticeable downturn. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 6.7% m-o-m. Over the period under review, average import prices reached the maximum at $1,612 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Serbia ($1,183 per ton) and Israel ($1,092 per ton), while the price for Slovenia ($1,022 per ton) and Greece ($1,072 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Slovenia (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria (FOB) - 2022

In 2022, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $2,215 per ton, with an increase of 80% against the previous year. In general, the export price continues to indicate a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,735 per ton), while the average price for exports to North Macedonia ($1,192 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 Poland (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria

In 2022, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses into Bulgaria surged to 5.8K tons, growing by 112% on the previous year. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses soared to $7.2M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4223602292,09470.6%
TurkeyN/A15.431.01,9741032.2%
Israel4581,6331,2951,05131.9%
Serbia1892282141,02275.5%
Slovenia20.7159528567201.4%
Greece43620.937.3192-23.9%
Others38.788.925728494.3%
Total1,5652,5062,5927,18466.2%

Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to Bulgaria in 2022:

  1. Serbia (2044.7 tons)
  2. Turkey (1468.0 tons)
  3. China (973.3 tons)
  4. Israel (574.1 tons)
  5. Slovenia (530.0 tons)
  6. Greece (93.5 tons)

Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria

In 2022, the amount of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses exported from Bulgaria skyrocketed to 1.1K tons, with an increase of 603% on the previous year's figure. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $2.3M in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A1,0490%
ItalyN/AN/AN/A5490%
North Macedonia65.753.715725356.7%
Greece21.827.65.917399.5%
Romania34.621.91.216468.0%
GermanyN/AN/AN/A84.80%
TurkeyN/A55.6N/A0.9-87.3%
OthersN/A0.719.955.5790.4%
Total1221601842,328167.2%

Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from Bulgaria in 2022:

  1. Poland (358.3 tons)
  2. North Macedonia (212.0 tons)
  3. Italy (165.0 tons)
  4. Greece (141.5 tons)
  5. Romania (129.1 tons)
  6. Germany (22.7 tons)
  7. Turkey (0.3 tons)

Source: IndexBox Market Intelligence Platform

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