Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria - 2024

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria (FOB) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria (CIF) - 2022
  3. Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria
  4. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,339 per ton in 2022, jumping by 31% against the previous year. Over the period under review, the export price, however, saw a mild decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 33% against the previous year. The export price peaked at $1,557 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ukraine ($1,765 per ton) and Romania ($1,735 per ton), while the average price for exports to Turkey ($1,207 per ton) and the Czech Republic ($1,349 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,644 per ton in 2022, surging by 22% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 63%. The import price peaked at $1,717 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($1,772 per ton), while the price for Germany ($694 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+35.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides decreased by -46.6% to 5.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 279% against the previous year.

In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides fell dramatically to $7.3M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 201%.

Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.24.08.94.454.2%
PolandN/AN/AN/A1.70%
UkraineN/AN/AN/A0.50%
Czech RepublicN/AN/AN/A0.10%
SloveniaN/AN/AN/A0.10%
Algeria0.1N/A0.8N/A182.8%
OthersN/AN/A0.60.3-50.0%
Total1.34.010.47.377.7%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Bulgaria in 2022:

  1. Turkey (3656.0 tons)
  2. Poland (1039.0 tons)
  3. Ukraine (308.0 tons)
  4. Czech Republic (108.0 tons)
  5. Slovenia (86.0 tons)
  6. Algeria (20.0 tons)

Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria

In 2022, approx. 69 tons of acids; aromatic polycarboxylic acids; phthalic anhydrides were imported into Bulgaria; reducing by -69.5% on the year before. Over the period under review, imports continue to indicate a dramatic shrinkage. The smallest decline of -59.4% was in 2021.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides declined dramatically to $113K in 2022. Overall, imports showed a significant contraction. The smallest decline of -33.9% was in 2021.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2,41620765.673.6-68.8%
RomaniaN/A9.415239.8105.8%
Russia32.061.324.7N/A-12.1%
South Korea19418.5N/AN/A-90.5%
Austria26.797.263.5N/A54.2%
BelarusN/A69.6N/AN/A0%
OthersN/AN/AN/A0.10%
Total2,669463306113-65.1%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Bulgaria in 2022:

  1. Turkey (46.4 tons)
  2. Romania (22.5 tons)

Source: IndexBox Market Intelligence Platform

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