Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria - 2023

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria (CIF) - 2022
  2. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria (FOB) - 2022
  3. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria
  4. Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria (CIF) - 2022

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $4,517 per ton, waning by -12.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 129% against the previous year. The import price peaked at $6,169 per ton in 2018; however, from 2019 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 Poland ($6,883 per ton), while the price for France ($3,804 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+62.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria (FOB) - 2022

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $25,182 per ton, surging by 49% against the previous year. Overall, the export price saw significant growth. The growth pace was the most rapid in 2018 an increase of 80%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($121,800 per ton), while the average price for exports to North Macedonia amounted to $15,520 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria

In 2022, overseas purchases of colouring matter; ultramarine and preparations based therea decreased by -18.1% to 37 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 1.7%. As a result, imports reached the peak of 46 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of colouring matter; ultramarine and preparations based therea declined dramatically to $168K in 2022. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 7.6%. As a result, imports attained the peak of $234K, and then contracted significantly in the following year.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/A17.776.1329.9%
Spain13914713857.9-25.3%
Poland12.411.512.411.7-1.9%
Germany8.815.447.410.25.0%
Hungary30.133.95.34.4-47.3%
Others13.49.413.17.7-16.9%
Total204217234168-6.3%

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Bulgaria in 2022:

  1. France (20.0 tons)
  2. Spain (12.0 tons)
  3. Poland (1.7 tons)
  4. Germany (1.5 tons)
  5. Hungary (1.0 tons)

Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria

In 2022, shipments abroad of colouring matter; ultramarine and preparations based therea was finally on the rise to reach 110 kg after two years of decline. Over the period under review, exports, however, recorded a dramatic contraction.

In value terms, exports of colouring matter; ultramarine and preparations based therea skyrocketed to $2.8K in 2022. Overall, exports, however, showed a sharp decrease.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia1.01.01.31.617.0%
GreeceN/AN/AN/A1.20%
Georgia3.1N/AN/AN/A0%
ItalyN/A2.5N/AN/A0%
Albania2.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.93.51.32.8-26.0%

Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Bulgaria in 2022:

  1. North Macedonia (100.0 kg)
  2. Greece (10.0 kg)

Source: IndexBox Market Intelligence Platform

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