Price for Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria - 2023

Contents:

  1. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria (CIF) - 2023
  2. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria (FOB) - 2022
  3. Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria
  4. Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria (CIF) - 2023

The average import price for alkaloids, vegetable; caffeine and its saltses stood at $11,536 per ton in November 2023, reducing by -47.7% against the previous month. In general, the import price saw a pronounced setback. The most prominent rate of growth was recorded in October 2023 an increase of 53% month-to-month. As a result, import price attained the peak level of $22,041 per ton, and then reduced remarkably in the following month.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Poland ($12,254 per ton), while the price for Germany totaled $11,091 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria (FOB) - 2022

In 2022, the average export price for alkaloids, vegetable; caffeine and its saltses amounted to $28,360 per ton, jumping by 83% against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 91%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +30.7% per year.

Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria

In 2022, the amount of alkaloids, vegetable; caffeine and its saltses imported into Bulgaria surged to 13 tons, growing by 41% against 2021. Over the period under review, imports continue to indicate a modest increase. The growth pace was the most rapid in 2020 with an increase of 116% against the previous year. As a result, imports attained the peak of 27 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of alkaloids, vegetable; caffeine and its saltses surged to $301K in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A60.9N/A12442.7%
Germany120112103107-3.7%
Poland25.681.714.332.48.2%
AustriaN/AN/A5.815.7170.7%
France3.78.1N/A10.642.0%
Spain6.06.38.04.3-10.5%
Others2.430.61.76.740.8%
Total15829913230124.0%

Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Bulgaria in 2022:

  1. China (5.0 tons)
  2. Germany (4.1 tons)
  3. Poland (2.0 tons)
  4. Austria (1.1 tons)
  5. France (0.4 tons)
  6. Spain (0.1 tons)

Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria

For the third consecutive year, Bulgaria recorded decline in overseas shipments of alkaloids, vegetable; caffeine and its saltses, which decreased by -97.2% to 50 kg in 2022. Over the period under review, exports showed a significant contraction. The smallest decline of -38% was in 2020.

In value terms, exports of alkaloids, vegetable; caffeine and its saltses dropped dramatically to $1.4K in 2022. Overall, exports showed a sharp descent. The pace of growth was the most pronounced in 2020 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $87K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Alkaloids, Vegetable; Caffeine and Its Salts in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece7.081.023.81.4-41.5%
North MacedoniaN/AN/A3.6N/A0%
MontenegroN/A5.9N/AN/A0%
Afghanistan66.6N/AN/AN/A0%
OthersN/A0.3N/AN/A0%
Total73.787.227.41.4-73.3%

Top Export Markets for Alkaloids, Vegetable; Caffeine and Its Salts from Bulgaria in 2022:

  1. Greece (50.0 kg)

Source: IndexBox Market Intelligence Platform

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