Price for Vanadium Oxides and Hydroxides in Bulgaria - 2022

Contents:

  1. Price for Vanadium Oxides and Hydroxides in Bulgaria (FOB) - 2022
  2. Price for Vanadium Oxides and Hydroxides in Bulgaria (CIF) - 2022
  3. Exports of Vanadium Oxides and Hydroxides in Bulgaria
  4. Imports of Vanadium Oxides and Hydroxides in Bulgaria

Price for Vanadium Oxides and Hydroxides in Bulgaria (FOB) - 2022

The average vanadium oxides and hydroxides export price stood at $21,971 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -46.0% per year.

Price for Vanadium Oxides and Hydroxides in Bulgaria (CIF) - 2022

The average vanadium oxides and hydroxides import price stood at $2,442 per ton in 2022, shrinking by -93% against the previous year. Overall, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 72% against the previous year. The import price peaked at $250,714 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2014 to 2022, the rate of growth in terms of prices for Poland amounted to 0.0% per year.

Exports of Vanadium Oxides and Hydroxides in Bulgaria

In 2022, approx. 5.6 tons of vanadium oxides and hydroxideses were exported from Bulgaria; which is down by -50% against 2021 figures. In general, exports faced a sharp decline.

In value terms, vanadium oxides and hydroxides exports shrank rapidly to $123K in 2022. Overall, exports showed a significant decrease.

Export of Vanadium Oxides and Hydroxides in Bulgaria (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands0.412330650.0%
Portugal246N/A0%
OthersN/AN/A0%
Total247123-50.2%

Top Export Markets for Vanadium Oxides and Hydroxides from Bulgaria in 2022:

  1. Netherlands (5.6 tons)

Imports of Vanadium Oxides and Hydroxides in Bulgaria

In 2022, the amount of vanadium oxides and hydroxideses imported into Bulgaria skyrocketed to 1.4 tons, rising by 2,620% on 2021 figures. Overall, imports, however, showed a abrupt shrinkage.

In value terms, vanadium oxides and hydroxides imports skyrocketed to $3.3K in 2022. Over the period under review, imports, however, showed a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 597%. As a result, imports reached the peak of $302K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Vanadium Oxides and Hydroxides in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A3.30%
BelgiumN/A188N/AN/A0%
LuxembourgN/A115N/AN/A0%
Czech Republic43.4N/AN/AN/A0%
OthersN/AN/A1.7N/A0%
Total43.43021.73.3-57.6%

Top Suppliers of Vanadium Oxides and Hydroxides to Bulgaria in 2022:

  1. Spain (1.4 tons)

Source: IndexBox Market Intelligence Platform

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