Sulphates; of Copper Price in Bulgaria - 2023
Contents:
- Sulphates; of Copper Price in Bulgaria (CIF) - 2022
- Sulphates; of Copper Price in Bulgaria (FOB) - 2022
- Sulphates; of Copper Imports in Bulgaria
- Sulphates; of Copper Exports in Bulgaria
Sulphates; of Copper Price in Bulgaria (CIF) - 2022
In 2022, the average sulphates; of copper import price amounted to $2,652 per ton, increasing by 16% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper import price increased by +51.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,541 per ton), while the price for Poland ($2,529 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Copper Price in Bulgaria (FOB) - 2022
The average sulphates; of copper export price stood at $3,484 per ton in 2022, with an increase of 30% against the previous year. Over the period under review, the export price posted a strong increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 30%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($5,986 per ton), while the average price for exports to Greece ($3,235 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Copper Imports in Bulgaria
Sulphates; of copper imports into Bulgaria surged to 350 tons in 2022, jumping by 18% against 2021. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. As a result, imports attained the peak of 517 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sulphates; of copper imports surged to $928K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Sulphates; of Copper in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 292 | 316 | 552 | 737 | 36.2% |
| Malta | 80.0 | 197 | N/A | 128 | 17.0% |
| Germany | 2.7 | 6.8 | 4.6 | 37.6 | 140.6% |
| Russia | N/A | 50.4 | N/A | N/A | 0% |
| Serbia | 37.7 | 113 | N/A | N/A | 199.7% |
| Netherlands | N/A | 50.8 | N/A | N/A | 0% |
| Romania | 48.9 | 109 | 112 | N/A | 51.3% |
| Turkey | 87.5 | N/A | N/A | N/A | 0% |
| Others | 23.4 | 60.5 | 12.7 | 25.6 | 3.0% |
| Total | 572 | 904 | 682 | 928 | 17.5% |
Top Suppliers of Sulphates; of Copper to Bulgaria in 2022:
- Poland (291.3 tons)
- Malta (44.0 tons)
- Germany (10.6 tons)
Sulphates; of Copper Exports in Bulgaria
In 2022, overseas shipments of sulphates; of coppers decreased by -54.3% to 100 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 2.8% against the previous year. As a result, the exports reached the peak of 226 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sulphates; of copper exports reduced rapidly to $348K in 2022. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. As a result, the exports reached the peak of $587K, and then contracted significantly in the following year.
| Export of Sulphates; of Copper in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 267 | 191 | 303 | 217 | -6.7% |
| Greece | N/A | 135 | 0.6 | 58.2 | -34.3% |
| Turkey | N/A | N/A | 41.5 | 36.9 | -11.1% |
| Serbia | N/A | N/A | N/A | 35.7 | 0% |
| Albania | 182 | 140 | 242 | N/A | 15.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 449 | 466 | 587 | 348 | -8.1% |
Top Export Markets for Sulphates; of Copper from Bulgaria in 2022:
- North Macedonia (66.0 tons)
- Greece (18.0 tons)
- Turkey (10.0 tons)
- Serbia (6.0 tons)
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