Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria - 2023

Contents:

  1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria (CIF) - 2022
  2. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria (FOB) - 2022
  3. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria
  4. Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria (CIF) - 2022

The average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $96,494 per ton in 2022, reducing by -23.7% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. The import price peaked at $164,309 per ton in 2014; however, from 2015 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 Germany ($146,000 per ton), while the price for Democratic Republic of the Congo ($82,230 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%), while the prices for the other major suppliers experienced a decline.

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria (FOB) - 2022

In 2022, the average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $190,000 per ton, growing by 4.1% against the previous year. In general, the export price, however, showed a deep contraction. The export price peaked at $246,000 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -8.2% per year.

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria

In 2022, purchases abroad of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -65.8% to 154 kg, falling for the second year in a row after two years of growth. In general, imports saw a sharp decline. The pace of growth was the most pronounced in 2020 when imports increased by 4.2% against the previous year. As a result, imports attained the peak of 625 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves dropped sharply to $15K in 2022. Over the period under review, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 4.2%. As a result, imports reached the peak of $85K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/AN/A8.20%
IndiaN/A13.013.06.2-30.9%
Germany68.771.930.50.3-83.7%
Netherlands12.7N/A13.4N/A2.7%
OthersN/AN/AN/A0.10%
Total81.584.956.914.9-43.2%

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Bulgaria in 2022:

  1. Democratic Republic of the Congo (100.0 kg)
  2. India (50.0 kg)
  3. Germany (2.0 kg)

Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria

After two years of decline, overseas shipments of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -52% to 12 kg in 2022. Over the period under review, exports, however, showed a significant expansion.

In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves declined remarkably to $2.3K in 2022. Overall, exports, however, saw a significant increase.

Export of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.2N/A4.62.3125.7%
OthersN/AN/AN/AN/A0%
Total0.2N/A4.62.3125.7%

Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from Bulgaria in 2022:

  1. Netherlands (12.0 kg)

Source: IndexBox Market Intelligence Platform

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