Price for Ethylene Polymers; Waste, Parings and Scrap in Bulgaria - 2023

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Bulgaria (CIF) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Bulgaria (FOB) - 2022
3. Imports of Ethylene Polymers; Waste, Parings and Scrap in Bulgaria
4. Exports of Ethylene Polymers; Waste, Parings and Scrap in Bulgaria

Price for Ethylene Polymers; Waste, Parings and Scrap in Bulgaria (CIF) - 2022

The average import price for ethylene polymers; waste, parings and scraps stood at $287 per ton in 2022, increasing by 6.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 65% against the previous year. The import price peaked at $336 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Algeria ($821 per ton), while the price for Romania ($142 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ethylene Polymers; Waste, Parings and Scrap in Bulgaria (FOB) - 2022

In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $712 per ton, with a decrease of -1.9% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ethylene polymers; waste, parings and scraps increased by +38.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. As a result, the export price reached the peak level of $726 per ton, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($1,020 per ton), while the average price for exports to Poland ($184 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Bulgaria

In 2022, the amount of ethylene polymers; waste, parings and scraps imported into Bulgaria skyrocketed to 56K tons, surging by 34% on 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.3% 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 +63.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ethylene polymers; waste, parings and scraps skyrocketed to $16M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 101% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Bulgaria in 2022:

1. Germany (18.0K tons)
2. Greece (12.3K tons)
3. Austria (7.8K tons)
4. Italy (4.7K tons)
5. Slovenia (2.2K tons)
6. Serbia (1.9K tons)
7. Romania (1.5K tons)
8. United Kingdom (1.4K tons)
9. Algeria (1.3K tons)
10. Hungary (1.1K tons)

Exports of Ethylene Polymers; Waste, Parings and Scrap in Bulgaria

In 2022, overseas shipments of ethylene polymers; waste, parings and scraps decreased by -38.4% to 6.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 117%. As a result, the exports attained the peak of 9.9K tons, and then shrank dramatically in the following year.

In value terms, exports of ethylene polymers; waste, parings and scraps dropped sharply to $4.3M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 205%. As a result, the exports reached the peak of $7.2M, and then shrank remarkably in the following year.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Bulgaria in 2022:

1. Romania (3655.5 tons)
2. Turkey (987.0 tons)
3. Italy (413.1 tons)
4. Latvia (401.2 tons)
5. Ukraine (276.6 tons)
6. Poland (213.5 tons)
7. Greece (106.9 tons)

Source: IndexBox Market Intelligence Platform