Price for Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria - 2023

Contents:

  1. Price for Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria (CIF) - 2022
  2. Price for Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria (FOB) - 2022
  3. Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria
  4. Exports of Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria (CIF) - 2022

The average import price for cyanides, cyanide oxides and complex cyanideses stood at $3,529 per ton in 2022, jumping by 27% against the previous year. Over the period under review, the import price, however, saw a pronounced reduction. The import price peaked at $5,011 per ton in 2014; however, from 2015 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 ($7,811 per ton), while the price for the Czech Republic ($3,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria (FOB) - 2022

In 2022, the average export price for cyanides, cyanide oxides and complex cyanideses amounted to $63,500 per ton, remaining constant against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 a decrease of -97.3% against the previous year. Over the period under review, the average export prices reached the peak figure at $173,000 per ton in 2012; however, from 2013 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 the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -13.4% per year.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria

In 2022, supplies from abroad of cyanides, cyanide oxides and complex cyanideses decreased by -64.2% to 74 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a dramatic decline. The pace of growth appeared the most rapid in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of 292 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses shrank remarkably to $262K in 2022. In general, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 1.3% against the previous year. As a result, imports attained the peak of $683K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic597649507239-26.3%
Poland7.210.716.313.523.3%
Germany64.317.441.22.8-64.8%
GreeceN/A2.5N/AN/A0%
Others5.53.510.26.55.7%
Total674683575262-27.0%

Top Suppliers of Cyanides, Cyanide Oxides and Complex Cyanides to Bulgaria in 2022:

  1. Czech Republic (71.4 tons)
  2. Poland (1.7 tons)
  3. Germany (0.4 tons)

Exports of Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria

In 2022, the amount of cyanides, cyanide oxides and complex cyanideses exported from Bulgaria was estimated at 2 kg, almost unchanged from the previous year's figure. Overall, exports continue to indicate a deep setback. The smallest decline of 99.9% was in 2021.

In value terms, exports of cyanides, cyanide oxides and complex cyanideses stood at $127 in 2022. In general, exports recorded a sharp contraction. The smallest decline of 99.9% was in 2021.

Export of Cyanides, Cyanide Oxides and Complex Cyanides in Bulgaria (USD)
COUNTRY202020212022CAGR,
2020-2022
Netherlands254N/A127-29.3%
OthersN/AN/AN/A0%
Total254N/A127-29.3%

Top Export Markets for Cyanides, Cyanide Oxides and Complex Cyanides from Bulgaria in 2022:

  1. Netherlands (2.0 kg)

Source: IndexBox Market Intelligence Platform

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