Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria - 2023

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria (CIF) - 2023
  2. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria (FOB) - 2022
  3. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria
  4. Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria (CIF) - 2023

The average import price for cellulose nitrates (including collodions); in primary formses stood at $5,290 per ton in November 2023, falling by -87.6% against the previous month. Over the period under review, the import price, however, enjoyed modest growth. The growth pace was the most rapid in October 2023 when the average import price increased by 895% against the previous month. As a result, import price reached the peak level of $42,661 per ton, and then reduced dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Serbia ($78,991 per ton), while the price for India stood at $4,280 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Serbia (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria (FOB) - 2022

The average export price for cellulose nitrates (including collodions); in primary formses stood at $19,078 per ton in 2022, declining by -4.3% against the previous year. Overall, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 41% against the previous year. The export price peaked at $35,284 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for North Macedonia amounted to +1.7% per year.

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria

Imports of cellulose nitrates (including collodions); in primary formses into Bulgaria surged to 180 tons in 2022, with an increase of 101% against 2021 figures. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 145%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of cellulose nitrates (including collodions); in primary formses surged to $1.1M in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India62.630.715647596.5%
Serbia17210683.143836.6%
Germany55.269.375.612330.6%
Turkey4.9N/AN/A39.7100.8%
South KoreaN/AN/A64.0N/A0%
Others14.614.09.321.213.2%
Total3102203881,09752.4%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to Bulgaria in 2022:

  1. India (125.9 tons)
  2. Germany (24.6 tons)
  3. Serbia (16.1 tons)
  4. Turkey (10.1 tons)

Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria

In 2022, after two years of decline, there was decline in shipments abroad of cellulose nitrates (including collodions); in primary formses, when their volume decreased by 0% to 308 kg. Over the period under review, exports saw a deep contraction. The smallest decline of -46.7% was in 2020.

In value terms, exports of cellulose nitrates (including collodions); in primary formses dropped modestly to $5.9K in 2022. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.5% against the previous year.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia7.55.66.15.9-7.7%
OthersN/AN/AN/AN/A0%
Total7.55.66.15.9-7.7%

Top Export Markets for Cellulose Nitrates (Including Collodions); in Primary Forms from Bulgaria in 2022:

  1. North Macedonia (308.0 kg)

Source: IndexBox Market Intelligence Platform

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