Silicates; Sodium Metasilicates Price in Bulgaria - 2023

Contents:

1. Silicates; Sodium Metasilicates Price in Bulgaria (CIF) - 2022
2. Silicates; Sodium Metasilicates Price in Bulgaria (FOB) - 2022
3. Silicates; Sodium Metasilicates Imports in Bulgaria
4. Silicates; Sodium Metasilicates Exports in Bulgaria

Silicates; Sodium Metasilicates Price in Bulgaria (CIF) - 2022

The average silicates; sodium metasilicates import price stood at $1,402 per ton in 2022, jumping by 88% against the previous year. In general, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 203% against the previous year. As a result, import price reached the peak level of $1,684 per ton. From 2015 to 2022, the average 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 Italy ($2,846 per ton), while the price for Greece ($760 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Silicates; Sodium Metasilicates Price in Bulgaria (FOB) - 2022

In 2022, the average silicates; sodium metasilicates export price amounted to $1,893 per ton, approximately mirroring the previous year. In general, the export price showed a resilient increase. The pace of growth was the most pronounced in 2020 when the average export price decreased by -82.1% against the previous year. The export price peaked at $8,385 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,236 per ton), while the average price for exports to North Macedonia totaled $936 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (-38.1%).

Silicates; Sodium Metasilicates Imports in Bulgaria

Silicates; sodium metasilicates imports into Bulgaria contracted markedly to 43 tons in 2022, waning by -21.1% on 2021. Over the period under review, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 48%. As a result, imports attained the peak of 54 tons, and then contracted remarkably in the following year.

In value terms, silicates; sodium metasilicates imports skyrocketed to $60K in 2022. Overall, imports, however, saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Silicates; Sodium Metasilicates to Bulgaria in 2022:

1. Netherlands (18.0 tons)
2. Poland (11.5 tons)
3. Italy (10.1 tons)
4. Greece (2.1 tons)
5. Germany (1.2 tons)

Silicates; Sodium Metasilicates Exports in Bulgaria

For the third year in a row, Bulgaria recorded decline in overseas shipments of silicates; sodium metasilicateses, which decreased by 0% to 428 kg in 2022. In general, exports saw a sharp contraction. The smallest decline of -87.6% was in 2020.

In value terms, silicates; sodium metasilicates exports amounted to $810 in 2022. Overall, exports recorded a precipitous setback. The smallest decline of -97.8% was in 2020.

Top Export Markets for Silicates; Sodium Metasilicates from Bulgaria in 2022:

1. North Macedonia (250.0 kg)
2. Germany (178.0 kg)

Source: IndexBox Market Intelligence Platform