Price for Aluminium; Powders and Flakes in Bulgaria - 2023

Price for Aluminium; Powders and Flakes in Bulgaria (CIF) - 2022

The average aluminium; powders and flakes import price stood at $6,512 per ton in 2022, with a decrease of -59.1% against the previous year. Over the period under review, the import price, however, posted temperate growth. The growth pace was the most rapid in 2018 an increase of 339%. Over the period under review, average import prices reached the maximum at $23,971 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 ($28,584 per ton), while the price for Hungary ($1,731 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Powders and Flakes in Bulgaria (FOB) - 2022

The average aluminium; powders and flakes export price stood at $2,596 per ton in 2022, leveling off at the previous year. In general, the export price showed a precipitous decline. The most prominent rate of growth was recorded in 2019 an increase of 589% against the previous year. Over the period under review, the average export prices hit record highs at $73,225 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($75,200 per ton), while the average price for exports to Greece amounted to $2,114 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.9%).

Imports of Aluminium; Powders and Flakes in Bulgaria

Aluminium; powders and flakes imports into Bulgaria skyrocketed to 93 tons in 2022, rising by 590% on the previous year's figure. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; powders and flakes imports soared to $603K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Powders and Flakes in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	N/A	N/A	38.5	277	619.5%
Germany	170	180	147	211	7.5%
Hungary	N/A	N/A	N/A	86.5	0%
Austria	147	N/A	12.5	19.9	-48.7%
Others	9.7	11.1	15.1	8.9	-2.8%
Total	327	191	213	603	22.6%

Top Suppliers of Aluminium; Powders and Flakes to Bulgaria in 2022:

Hungary (50.0 tons)
Russia (32.8 tons)
Germany (7.4 tons)
Austria (1.8 tons)

Exports of Aluminium; Powders and Flakes in Bulgaria

For the third year in a row, Bulgaria recorded decline in shipments abroad of aluminium; powders and flakeses, which decreased by 0% to 1.7 tons in 2022. In general, exports enjoyed a significant increase. The smallest decline of -49% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, aluminium; powders and flakes exports amounted to $4.3K in 2022. Over the period under review, exports saw a sharp downturn. The smallest decline of -32.4% was in 2020.