Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Bulgaria - 2023

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Bulgaria (FOB) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Bulgaria (CIF) - 2022
3. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Bulgaria
4. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Bulgaria

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Bulgaria (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $5,963 per ton in 2022, surging by 31% against the previous year. In general, the export price, however, recorded a mild downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 53%. The export price peaked at $11,817 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($58,098 per ton), while the average price for exports to Serbia ($1,216 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 Bosnia and Herzegovina (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Bulgaria (CIF) - 2022

In 2022, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $1,279 per ton, which is down by -18.7% against the previous year. In general, import price indicated resilient growth 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, import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses increased by +2.5% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 30%. The import price peaked at $1,614 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Romania ($3,712 per ton), while the price for Albania ($333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+35.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Bulgaria

In 2022, approx. 1.1K tons of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses were exported from Bulgaria; with an increase of 52% on the year before. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses soared to $6.8M in 2022. Overall, exports continue to indicate a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Bulgaria in 2022:

1. Serbia (353.4 tons)
2. Georgia (200.0 tons)
3. Germany (137.7 tons)
4. Kosovo (116.3 tons)
5. Romania (66.7 tons)
6. Bosnia and Herzegovina (60.9 tons)
7. Turkey (54.2 tons)

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Bulgaria

In 2022, approx. 3.4K tons of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses were imported into Bulgaria; with an increase of 81% compared with the previous year's figure. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $4.3M in 2022. Over the period under review, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 72%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Bulgaria in 2022:

1. Albania (1941.3 tons)
2. China (1009.7 tons)
3. Serbia (270.3 tons)
4. Romania (107.7 tons)
5. Germany (39.0 tons)

Source: IndexBox Market Intelligence Platform