Sulphates; of Aluminium Price in Bulgaria - 2023

Contents:

1. Sulphates; of Aluminium Price in Bulgaria (CIF) - 2022
2. Sulphates; of Aluminium Price in Bulgaria (FOB) - 2022
3. Sulphates; of Aluminium Imports in Bulgaria
4. Sulphates; of Aluminium Exports in Bulgaria

Sulphates; of Aluminium Price in Bulgaria (CIF) - 2022

In 2022, the average sulphates; of aluminium import price amounted to $338 per ton, growing by 66% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($257 per ton), while the price for Romania amounted to $249 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+1.9%).

Sulphates; of Aluminium Price in Bulgaria (FOB) - 2022

In 2022, the average sulphates; of aluminium export price amounted to $297 per ton, increasing by 31% against the previous year. Overall, the export price continues to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 170%. Over the period under review, the average export prices attained the maximum at $2,038 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($331 per ton), while the average price for exports to Ukraine ($292 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 Bosnia and Herzegovina (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphates; of Aluminium Imports in Bulgaria

After three years of growth, supplies from abroad of sulphates; of aluminia decreased by -17.2% to 2.8K tons in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 102%. As a result, imports reached the peak of 3.4K tons, and then reduced sharply in the following year.

In value terms, sulphates; of aluminium imports skyrocketed to $945K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Sulphates; of Aluminium to Bulgaria in 2022:

1. Turkey (1491.7 tons)
2. Romania (1263.7 tons)

Sulphates; of Aluminium Exports in Bulgaria

In 2022, exports of sulphates; of aluminia from Bulgaria skyrocketed to 443 tons, growing by 2,038% compared with the previous year's figure. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 6,463% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, sulphates; of aluminium exports soared to $132K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sulphates; of Aluminium from Bulgaria in 2022:

1. Ukraine (397.0 tons)
2. Romania (23.0 tons)
3. Germany (23.0 tons)

Source: IndexBox Market Intelligence Platform