Price for Chromium Oxides and Hydroxides in Bulgaria - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Bulgaria (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Bulgaria (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Bulgaria
- Exports of Chromium Oxides and Hydroxides in Bulgaria
Price for Chromium Oxides and Hydroxides in Bulgaria (CIF) - 2022
In 2022, the average chromium oxides and hydroxides import price amounted to $3,843 per ton, increasing by 47% against the previous year. Overall, the import price, however, recorded a mild downturn. The import price peaked at $4,560 per ton in 2012; however, from 2013 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 Belgium ($9,832 per ton), while the price for Germany ($3,042 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides in Bulgaria (FOB) - 2022
The average chromium oxides and hydroxides export price stood at $10,872 per ton in 2022, leveling off at the previous year. In general, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 a decrease of -49.4%. The export price peaked at $19,843 per ton in 2017; however, from 2018 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 Georgia.
From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +4.2% per year.
Imports of Chromium Oxides and Hydroxides in Bulgaria
In 2022, the amount of chromium oxides and hydroxideses imported into Bulgaria skyrocketed to 59 tons, jumping by 40% compared with the year before. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chromium oxides and hydroxides imports soared to $226K in 2022. Over the period under review, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 100 | 98.5 | 98.1 | 99.8 | -0.1% |
| United States | 33.6 | N/A | N/A | 79.9 | 33.5% |
| Romania | N/A | N/A | N/A | 22.1 | 0% |
| Belgium | N/A | N/A | 8.5 | 11.8 | 38.8% |
| Others | 6.4 | 1.6 | 2.9 | 11.9 | 23.0% |
| Total | 140 | 100 | 110 | 226 | 17.3% |
Top Suppliers of Chromium Oxides and Hydroxides to Bulgaria in 2022:
- Germany (32.8 tons)
- United States (18.0 tons)
- Romania (5.6 tons)
- Belgium (1.2 tons)
Exports of Chromium Oxides and Hydroxides in Bulgaria
In 2022, chromium oxides and hydroxides exports from Bulgaria totaled 500 kg, standing approx. at the previous year. Over the period under review, exports faced a dramatic descent. The smallest decline of 99.9% was in 2021.
In value terms, chromium oxides and hydroxides exports stood at $5.4K in 2022. In general, exports continue to indicate a dramatic curtailment. The smallest decline of 99.9% was in 2021.
| Export of Chromium Oxides and Hydroxides in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Georgia | 8.6 | N/A | 5.4 | -20.8% | |
| Others | 0.3 | N/A | N/A | 0% | |
| Total | 8.9 | N/A | 5.4 | -22.1% | |
Top Export Markets for Chromium Oxides and Hydroxides from Bulgaria in 2022:
- Georgia (500.0 kg)
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