Price for Iron Oxides and Hydroxides in Bulgaria - 2023
Contents:
- Price for Iron Oxides and Hydroxides in Bulgaria (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Bulgaria (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Bulgaria
- Exports of Iron Oxides and Hydroxides in Bulgaria
Price for Iron Oxides and Hydroxides in Bulgaria (CIF) - 2022
In 2022, the average iron oxides and hydroxides import price amounted to $1,658 per ton, jumping by 58% against the previous year. Overall, the import price posted a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Romania ($2,505 per ton), while the price for Turkey ($517 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in Bulgaria (FOB) - 2022
In 2022, the average iron oxides and hydroxides export price amounted to $2,890 per ton, with an increase of 13% against the previous year. Over the period under review, the export price posted a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 251% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($9,756 per ton), while the average price for exports to Cyprus ($1,912 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 Serbia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in Bulgaria
In 2022, iron oxides and hydroxides imports into Bulgaria expanded notably to 946 tons, with an increase of 5.3% on the year before. The total import volume increased at an average annual rate of +12.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, iron oxides and hydroxides imports surged to $1.6M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron Oxides and Hydroxides in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 219 | 283 | 422 | 838 | 56.4% |
| China | 125 | 131 | 122 | 167 | 10.1% |
| Czech Republic | 138 | 124 | 56.8 | 144 | 1.4% |
| Turkey | 27.4 | 62.0 | 188 | 130 | 68.0% |
| Italy | 92.7 | 45.4 | 59.8 | 70.2 | -8.9% |
| Romania | 35.0 | 24.8 | 44.9 | 57.8 | 18.2% |
| Others | 117 | 116 | 45.2 | 160 | 11.0% |
| Total | 754 | 786 | 939 | 1,567 | 27.6% |
Top Suppliers of Iron Oxides and Hydroxides to Bulgaria in 2022:
- Germany (450.2 tons)
- Turkey (251.9 tons)
- China (94.4 tons)
- Czech Republic (90.8 tons)
- Romania (23.1 tons)
- Italy (13.1 tons)
Exports of Iron Oxides and Hydroxides in Bulgaria
In 2022, shipments abroad of iron oxides and hydroxideses was finally on the rise to reach 35 tons after two years of decline. In general, exports, however, showed a sharp decrease.
In value terms, iron oxides and hydroxides exports surged to $102K in 2022. Over the period under review, exports, however, recorded a dramatic slump.
| Export of Iron Oxides and Hydroxides in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1.5 | 7.1 | 36.8 | 39.1 | 196.5% |
| Georgia | N/A | 10.4 | N/A | 36.1 | 86.3% |
| Iran | 167 | N/A | 7.2 | 17.6 | -52.8% |
| Greece | 3.2 | 3.9 | 4.6 | 6.7 | 27.9% |
| Cyprus | N/A | N/A | N/A | 2.2 | 0% |
| Serbia | 16.0 | 55.5 | N/A | N/A | 246.9% |
| Turkey | 82.4 | 30.4 | N/A | N/A | -63.1% |
| Others | 1.3 | 3.2 | 6.5 | N/A | 123.6% |
| Total | 271 | 110 | 55.0 | 102 | -27.8% |
Top Export Markets for Iron Oxides and Hydroxides from Bulgaria in 2022:
- Romania (18.1 tons)
- Georgia (13.2 tons)
- Iran (1.8 tons)
- Cyprus (1.2 tons)
- Greece (0.9 tons)
590
This report provides an in-depth analysis of the iron oxide pigment market in Bulgaria.
1594
This report provides an in-depth analysis of the global iron oxide pigment market.
590
This report provides an in-depth analysis of the iron oxide pigment market in Bulgaria.
1594
This report provides an in-depth analysis of the global iron oxide pigment market.
845
In value terms, lead oxides imports amounted to $X in 2016. In general, lead oxides imports continue to indicate a drastic curtailment. Over the period under review, global lead oxides imports reac...
1021
In value terms, lead oxides exports amounted to $X in 2016. Overall, lead oxides exports continue to indicate a drastic reduction. Over the period under review, global lead oxides exports reached i...
1322
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
932
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
2019
According to the U.S. Geological Survey, 2014 was marked by a slight decrease in iron oxide pigments production in the U.S. compared with the previous year. Approximately X thousand tons of finished natural and synthetic iron oxide pigments were pro
845
In value terms, lead oxides imports amounted to $X in 2016. In general, lead oxides imports continue to indicate a drastic curtailment. Over the period under review, global lead oxides imports reac...
1021
In value terms, lead oxides exports amounted to $X in 2016. Overall, lead oxides exports continue to indicate a drastic reduction. Over the period under review, global lead oxides exports reached i...
1322
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
932
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
2019
According to the U.S. Geological Survey, 2014 was marked by a slight decrease in iron oxide pigments production in the U.S. compared with the previous year. Approximately X thousand tons of finished natural and synthetic iron oxide pigments were pro
