Price for Silicates; Commercial Alkali Metal Silicates in Bulgaria - 2023

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Bulgaria (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Bulgaria (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates in Bulgaria
  4. Exports of Silicates; Commercial Alkali Metal Silicates in Bulgaria

Price for Silicates; Commercial Alkali Metal Silicates in Bulgaria (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $466 per ton, with an increase of 21% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $487 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($933 per ton), while the price for Romania ($267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in Bulgaria (FOB) - 2022

The average export price for silicates; commercial alkali metal silicateses stood at $2,931 per ton in 2022, jumping by 140% against the previous year. In general, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 209%. As a result, the export price attained the peak level of $3,981 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($5,695 per ton), while the average price for exports to North Macedonia ($1,351 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 North Macedonia (+27.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Silicates; Commercial Alkali Metal Silicates in Bulgaria

In 2022, purchases abroad of silicates; commercial alkali metal silicateses decreased by -6% to 3.9K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 42% against the previous year. As a result, imports reached the peak of 5.4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, silicates; commercial alkali metal silicates imports stood at $1.8M in 2022. The total import value increased at an average annual rate of +9.6% 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 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Silicates; Commercial Alkali Metal Silicates in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina30032429440810.8%
UkraineN/A16750531637.6%
Spain521361520247-22.0%
Egypt48.6145N/A22065.4%
Turkey98.210189.419225.0%
Italy14967732.9102-11.9%
IranN/AN/AN/A82.10%
Romania130N/A6.23.4-70.3%
Others13716615325122.4%
Total1,3841,9421,6001,8229.6%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Bulgaria in 2022:

  1. Bosnia and Herzegovina (1392.8 tons)
  2. Ukraine (717.0 tons)
  3. Egypt (459.0 tons)
  4. Turkey (422.3 tons)
  5. Spain (358.7 tons)
  6. Italy (167.7 tons)
  7. Iran (161.0 tons)
  8. Romania (12.8 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Bulgaria

In 2022, overseas shipments of silicates; commercial alkali metal silicateses increased by 9,005% to 20 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; commercial alkali metal silicates exports surged to $60K in 2022. In general, exports, however, recorded a noticeable descent.

Export of Silicates; Commercial Alkali Metal Silicates in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A42.50%
Bosnia and HerzegovinaN/AN/AN/A2.10%
North Macedonia2.40.30.30.4-45.0%
Turkey13.7N/AN/A0.1-80.6%
Poland1.1N/AN/AN/A0%
Iran28.9N/AN/AN/A0%
Georgia16.4N/AN/AN/A0%
Romania2.30.3N/AN/A-87.0%
OthersN/AN/AN/A14.40%
Total64.70.60.359.5-2.8%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Bulgaria in 2022:

  1. Turkey (undefined tons)
  2. United Arab Emirates (18.2 tons)
  3. Bosnia and Herzegovina (0.4 tons)
  4. North Macedonia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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