Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bulgaria - 2023

Contents:

1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bulgaria (CIF) - 2023
2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bulgaria (FOB) - 2022
3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bulgaria
4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bulgaria

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bulgaria (CIF) - 2023

In September 2023, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,351 per ton, growing by 15% against the previous month. In general, the import price, however, continues to indicate a noticeable contraction. The import price peaked at $1,657 per ton in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From November 2022 to September 2023, the rate of growth in terms of prices for Turkey amounted to -1.9% per month.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bulgaria (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,819 per ton, waning by -31.2% against the previous year. In general, the export price, however, continues to indicate a slight increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 133% against the previous year. As a result, the export price reached the peak level of $2,645 per ton, and then shrank remarkably in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Greece ($2,132 per ton) and Hungary ($2,083 per ton), while the average price for exports to Poland ($1,675 per ton) and the Netherlands ($1,677 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 Romania (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bulgaria

In 2022, approx. 2.8K tons of acids; saturated acyclic monocarboxylic acids; n-butyl acetates were imported into Bulgaria; reducing by -12.6% against the year before. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 166% against the previous year. As a result, imports attained the peak of 3.2K tons, and then shrank in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates totaled $4.8M in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 262%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Bulgaria in 2022:

1. Turkey (2407.4 tons)
2. Russia (131.1 tons)
3. Romania (120.4 tons)
4. Greece (110.7 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bulgaria

In 2022, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates from Bulgaria soared to 1.6K tons, picking up by 51% compared with the previous year's figure. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 487% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2.9M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,269% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Bulgaria in 2022:

1. Italy (818.4 tons)
2. Netherlands (282.1 tons)
3. Poland (214.0 tons)
4. Greece (103.7 tons)
5. Romania (55.9 tons)
6. Hungary (48.8 tons)
7. Slovenia (47.9 tons)

Source: IndexBox Market Intelligence Platform