Price for Ammonia; Anhydrous or in Aqueous Solution in Bulgaria - 2023
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Bulgaria (CIF) - 2023
- Price for Ammonia; Anhydrous or in Aqueous Solution in Bulgaria (FOB) - 2023
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Bulgaria
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Bulgaria
Price for Ammonia; Anhydrous or in Aqueous Solution in Bulgaria (CIF) - 2023
In September 2023, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $452 per ton, surging by 45% against the previous month. Over the period under review, the import price, however, showed a abrupt descent. Over the period under review, average import prices hit record highs at $1,064 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Algeria.
From December 2022 to September 2023, the rate of growth in terms of prices for Trinidad and Tobago amounted to 0.0% per month.
Price for Ammonia; Anhydrous or in Aqueous Solution in Bulgaria (FOB) - 2023
In September 2023, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $523 per ton, rising by 7.2% against the previous month. In general, the export price, however, recorded a deep setback. The growth pace was the most rapid in May 2023 an increase of 21% against the previous month. The export price peaked at $969 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In September 2023, the highest price was recorded for prices to Serbia ($564 per ton) and Moldova ($548 per ton), while the average price for exports to Turkey ($511 per ton) and Ukraine ($522 per ton) were amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-3.0%), while the prices for the other major destinations experienced a decline.
Imports of Ammonia; Anhydrous or in Aqueous Solution in Bulgaria
Imports of ammonia; anhydrous or in aqueous solutia into Bulgaria soared to 309K tons in 2022, picking up by 38% compared with 2021 figures. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% 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 ammonia; anhydrous or in aqueous solutia soared to $252M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 54.7 | 0% |
| Algeria | 3.5 | N/A | 32.6 | 47.0 | 137.7% |
| Ukraine | 72.9 | 70.8 | 62.1 | 43.6 | -15.7% |
| Egypt | N/A | N/A | 4.9 | 39.2 | 700.0% |
| Saudi Arabia | N/A | N/A | N/A | 29.4 | 0% |
| Trinidad and Tobago | N/A | N/A | N/A | 13.5 | 0% |
| China | N/A | N/A | N/A | 10.4 | 0% |
| Libya | N/A | N/A | 6.5 | 7.6 | 16.9% |
| Turkey | 3.2 | N/A | 9.1 | 0.6 | -42.8% |
| Others | 0.8 | 0.1 | 4.6 | 5.8 | 93.5% |
| Total | 80.4 | 70.8 | 120 | 252 | 46.3% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Bulgaria in 2022:
- Algeria (98.9K tons)
- Ukraine (78.5K tons)
- Qatar (43.0K tons)
- Egypt (33.1K tons)
- Saudi Arabia (23.1K tons)
- Trinidad and Tobago (10.4K tons)
- China (8.8K tons)
- Libya (6.0K tons)
- Turkey (1.0K tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in Bulgaria
In 2022, shipments abroad of ammonia; anhydrous or in aqueous solutia was finally on the rise to reach 116K tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of ammonia; anhydrous or in aqueous solutia skyrocketed to $71M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 22.9 | 16.4 | 24.9 | 45.0 | 25.3% |
| Turkey | N/A | 0.4 | 4.1 | 9.2 | 379.6% |
| Romania | 4.4 | 1.3 | 1.8 | 8.1 | 22.6% |
| Greece | 2.7 | 1.7 | 2.3 | 3.8 | 12.1% |
| Italy | N/A | N/A | N/A | 3.3 | 0% |
| Bosnia and Herzegovina | 1.9 | 4.1 | 3.6 | 0.9 | -22.0% |
| Others | 0.1 | 0.1 | 0.1 | 1.0 | 115.4% |
| Total | 32.1 | 24.0 | 36.8 | 71.3 | 30.5% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Bulgaria in 2022:
- Serbia (77.5K tons)
- Turkey (14.3K tons)
- Romania (10.9K tons)
- Greece (7.3K tons)
- Italy (3.0K tons)
- Bosnia and Herzegovina (1.5K tons)
313
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Bulgaria.
560
This report provides an in-depth analysis of the ammonia market in Bulgaria.
571
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2863
This report provides an in-depth analysis of the global ammonia market.
313
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Bulgaria.
560
This report provides an in-depth analysis of the ammonia market in Bulgaria.
571
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2863
This report provides an in-depth analysis of the global ammonia market.
1169
With the pandemic's impact, it is expected that in 2020, global consumption of ammonia should remain nearly unchanged against 2019. In the medium term, as the global economy gets back to work, the market will start recovering, driven by major fundamentals that existed before the crisis.
2403
In value terms, anhydrous ammonia imports amounted to $X in 2016. Overall, anhydrous ammonia imports continue to indicate a mild drop. Global anhydrous ammonia import peaked of $X in 2012; howeve...
2158
In value terms, anhydrous ammonia exports amounted to $X in 2016. Overall, anhydrous ammonia exports continue to indicate a measured contraction. Over the period under review, global anhydrous ammo...
1169
With the pandemic's impact, it is expected that in 2020, global consumption of ammonia should remain nearly unchanged against 2019. In the medium term, as the global economy gets back to work, the market will start recovering, driven by major fundamentals that existed before the crisis.
