Price for Waste, Parings and Scrap, of Plastics in Bulgaria - 2023

Contents:

  1. Price for Waste, Parings and Scrap, of Plastics in Bulgaria (CIF) - 2022
  2. Price for Waste, Parings and Scrap, of Plastics in Bulgaria (FOB) - 2023
  3. Imports of Waste, Parings and Scrap, of Plastics in Bulgaria
  4. Exports of Waste, Parings and Scrap, of Plastics in Bulgaria

Price for Waste, Parings and Scrap, of Plastics in Bulgaria (CIF) - 2022

In 2022, the average import price for waste, parings and scrap, of plasticses amounted to $239 per ton, declining by -8.9% against the previous year. In general, the import price showed a perceptible decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 44%. The import price peaked at $340 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Serbia ($462 per ton), while the price for Romania ($75 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in Bulgaria (FOB) - 2023

The average export price for waste, parings and scrap, of plasticses stood at $340 per ton in October 2023, waning by -47.8% against the previous month. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 94% month-to-month. The export price peaked at $768 per ton in January 2023; however, from February 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($930 per ton), while the average price for exports to Turkey stood at $286 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Waste, Parings and Scrap, of Plastics in Bulgaria

In 2022, the amount of waste, parings and scrap, of plasticses imported into Bulgaria skyrocketed to 98K tons, picking up by 64% compared with 2021. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of waste, parings and scrap, of plasticses surged to $23M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 121% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Waste, Parings and Scrap, of Plastics in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece3.02.45.76.831.4%
Germany1.11.12.74.155.0%
Austria1.10.81.31.920.0%
Italy0.1N/A0.61.7157.1%
Serbia1.11.01.21.715.6%
United KingdomN/AN/A0.31.7466.7%
Romania0.30.20.40.518.6%
Slovenia0.30.50.80.518.6%
Spain0.5N/AN/AN/A0%
Others2.20.92.84.526.9%
Total9.77.115.723.434.1%

Top Suppliers of Waste, Parings and Scrap, of Plastics to Bulgaria in 2022:

  1. Germany (25.3K tons)
  2. Greece (24.6K tons)
  3. Austria (10.6K tons)
  4. Italy (7.5K tons)
  5. Romania (6.5K tons)
  6. United Kingdom (6.2K tons)
  7. Serbia (3.8K tons)
  8. Slovenia (2.8K tons)

Exports of Waste, Parings and Scrap, of Plastics in Bulgaria

In 2022, exports of waste, parings and scrap, of plasticses from Bulgaria reduced to 17K tons, declining by -7.5% on the previous year's figure. Overall, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 95% against the previous year. As a result, the exports reached the peak of 19K tons, and then reduced in the following year.

In value terms, exports of waste, parings and scrap, of plasticses amounted to $13M in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 206% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Waste, Parings and Scrap, of Plastics in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania2,0601,7874,9444,10525.8%
AustriaN/AN/A2,7452,298-16.3%
Turkey1,9038439802,0141.9%
Serbia40.762.1243967187.5%
Germany12.739.5431782294.9%
Latvia53.36.8587532115.3%
Italy5611,0791,722478-5.2%
Greece31814.51073452.8%
MalaysiaN/A7.457.1264497.3%
UkraineN/AN/A468161-65.6%
Others33526526462523.1%
Total5,2834,10412,54712,56933.5%

Top Export Markets for Waste, Parings and Scrap, of Plastics from Bulgaria in 2022:

  1. Romania (5.4K tons)
  2. Turkey (4.3K tons)
  3. Serbia (2.0K tons)
  4. Austria (1.4K tons)
  5. Latvia (0.7K tons)
  6. Greece (0.6K tons)
  7. Germany (0.6K tons)
  8. Italy (0.5K tons)
  9. Malaysia (0.4K tons)
  10. Ukraine (0.3K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Waste, parings and scrap, of plastics - Bulgaria