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

Contents:

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

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Bulgaria (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $2,022 per ton, jumping by 41% against the previous year. In general, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 70%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($20,500 per ton), while the price for Turkey stood at $2,021 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $2,753 per ton, increasing by 36% against the previous year. Overall, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2021 an increase of 100% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Romania ($3,631 per ton), while the average price for exports to the Netherlands ($1,217 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 Romania (+12.0%).

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Bulgaria

In 2022, after three years of growth, there was significant decline in purchases abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates, when their volume decreased by -49.5% to 48 tons. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 95% against the previous year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates fell rapidly to $97K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 72%. As a result, imports reached the peak of $136K, and then fell remarkably in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey52.479.113697.022.8%
OthersN/AN/AN/A0.10%
Total52.479.113697.122.8%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Bulgaria in 2022:

  1. Turkey (48.0 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Bulgaria

In 2022, after two years of growth, there was significant decline in overseas shipments of acids; saturated acyclic monocarboxylic acids; vinyl acetates, when their volume decreased by -72.4% to 26 tons. Overall, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 232%. As a result, the exports reached the peak of 95 tons, and then declined rapidly in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates declined dramatically to $72K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 563% against the previous year. As a result, the exports attained the peak of $191K, and then dropped dramatically in the following year.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Bulgaria (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Romania15.213.059.597.9%
Netherlands13.71788.7-20.3%
TurkeyN/AN/A3.70%
OthersN/AN/A0.30%
Total28.819172.158.2%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Bulgaria in 2022:

  1. Romania (16.4 tons)
  2. Netherlands (7.1 tons)
  3. Turkey (2.6 tons)

Source: IndexBox Market Intelligence Platform

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