Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria - 2023

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria (CIF) - 2022
  2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria (FOB) - 2022
  3. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria
  4. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria (CIF) - 2022

In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $6,431 per ton, picking up by 80% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +135.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,515 per ton), while the price for the Netherlands ($3,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria (FOB) - 2022

The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $11,000 per ton in 2022, growing by 184% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($11,239 per ton), while the average price for exports to Turkey amounted to $10,772 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria

In 2022, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol into Bulgaria soared to 39 tons, growing by 43% compared with the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.2% 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 +82.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol soared to $253K in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19.837.235.9177107.5%
Spain2.0N/AN/A37.2165.0%
Poland45.630.650.926.1-17.0%
Italy4.90.89.83.1-14.2%
Netherlands14.81.51.62.6-44.0%
Others0.30.5N/A7.3189.8%
Total87.470.698.225342.5%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Bulgaria in 2022:

  1. Germany (23.5 tons)
  2. Poland (8.0 tons)
  3. Spain (5.2 tons)
  4. Netherlands (0.9 tons)
  5. Italy (0.9 tons)

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria

In 2022, approx. 6.2 tons of alcohols; aromatic alcohols and derivatives, benzyl alcohol were exported from Bulgaria; increasing by 1,111% on 2021. Overall, exports, however, recorded a significant decrease.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $68K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A34.20%
LatviaN/AN/AN/A33.90%
North Macedonia7.51.9N/AN/A-74.7%
SerbiaN/AN/A1.6N/A0%
Greece18.8N/AN/AN/A0%
Iran11.2N/AN/AN/A0%
OthersN/AN/A0.4N/A0%
Total37.51.92.068.222.1%

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Bulgaria in 2022:

  1. Turkey (3.2 tons)
  2. Latvia (3.0 tons)

Source: IndexBox Market Intelligence Platform

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