Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Bulgaria - 2023
Contents:
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Bulgaria (CIF) - 2023
- Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Bulgaria
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Bulgaria (CIF) - 2023
In October 2023, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $87,553 per ton, reducing by -2.6% against the previous month. Overall, import price indicated a notable expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for glycosides; rutoside (rutin) and its derivativeses increased by +61.2% against August 2023 indices. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 65% m-o-m. The import price peaked at $99,752 per ton in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was France ($93,355 per ton), while the price for China stood at $86,988 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+2.7%).
Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Bulgaria
In 2022, after two years of decline, there was significant growth in supplies from abroad of glycosides; rutoside (rutin) and its derivativeses, when their volume increased by 139% to 52 tons. Overall, imports, however, continue to indicate a deep setback.
In value terms, imports of glycosides; rutoside (rutin) and its derivativeses skyrocketed to $4.6M in 2022. Over the period under review, imports, however, recorded a drastic downturn.
| Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 1.4 | 0.9 | 4.1 | -5.1% |
| France | 0.4 | 0.2 | 0.7 | 0.3 | -9.1% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| Greece | 0.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.6 | 1.7 | 1.6 | 4.6 | -6.3% |
Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Bulgaria in 2022:
- China (46.4 tons)
- France (3.0 tons)
- Germany (2.8 tons)
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