Price for Mineral Substances Not Elsewhere Specified or Included in Bulgaria - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Bulgaria (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Bulgaria (FOB) - 2023
- Imports of Mineral Substances Not Elsewhere Specified or Included in Bulgaria
- Exports of Mineral Substances Not Elsewhere Specified or Included in Bulgaria
Price for Mineral Substances Not Elsewhere Specified or Included in Bulgaria (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $585 per ton, growing by 42% against the previous year. In general, the import price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 an increase of 73% against the previous year. Over the period under review, average import prices hit record highs at $796 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,826 per ton), while the price for Russia ($137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Bulgaria (FOB) - 2023
The average export price for mineral substances not elsewhere specified or includeds stood at $245 per ton in October 2023, shrinking by -18.8% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 60% against the previous month. As a result, the export price reached the peak level of $532 per ton. From September 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Ukraine.
From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to +10.4% per month.
Imports of Mineral Substances Not Elsewhere Specified or Included in Bulgaria
For the third year in a row, Bulgaria recorded decline in purchases abroad of mineral substances not elsewhere specified or includeds, which decreased by -6.5% to 6.7K tons in 2022. Overall, imports continue to indicate a sharp downturn.
In value terms, imports of mineral substances not elsewhere specified or includeds surged to $3.9M in 2022. Over the period under review, imports recorded a noticeable decrease.
| Import of Mineral Substances Not Elsewhere Specified or Included in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,310 | 596 | 670 | 1,146 | -4.4% |
| Germany | 537 | 222 | 520 | 1,129 | 28.1% |
| Russia | N/A | 1,129 | 522 | 517 | -32.3% |
| Italy | 241 | 376 | 526 | 420 | 20.3% |
| Netherlands | 85.8 | 90.9 | 185 | 219 | 36.7% |
| Mexico | 110 | 120 | 125 | 174 | 16.5% |
| Greece | 61.1 | 27.1 | 69.3 | 94.6 | 15.7% |
| Austria | 295 | 183 | 167 | 76.7 | -36.2% |
| Turkey | 1,721 | 456 | 60.5 | 9.1 | -82.6% |
| Others | 91.1 | 122 | 111 | 138 | 14.8% |
| Total | 4,451 | 3,322 | 2,956 | 3,924 | -4.1% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Bulgaria in 2022:
- Russia (3772.1 tons)
- Germany (1039.2 tons)
- Spain (405.6 tons)
- Mexico (399.8 tons)
- Netherlands (341.6 tons)
- Italy (195.5 tons)
- Greece (164.9 tons)
- Austria (123.7 tons)
- Turkey (37.7 tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Bulgaria
Exports of mineral substances not elsewhere specified or includeds from Bulgaria shrank to 8.1K tons in 2022, which is down by -5% compared with the previous year's figure. In general, exports recorded a deep slump. The smallest decline of -3.8% was in 2021.
In value terms, exports of mineral substances not elsewhere specified or includeds declined to $1.9M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. As a result, the exports reached the peak of $2.1M, and then shrank in the following year.
| Export of Mineral Substances Not Elsewhere Specified or Included in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 196 | 266 | 349 | 331 | 19.1% |
| Italy | 208 | 174 | 252 | 290 | 11.7% |
| Slovenia | 23.2 | 27.4 | 33.9 | 256 | 122.6% |
| Poland | 91.0 | 104 | 150 | 210 | 32.1% |
| Ukraine | 100 | 113 | 135 | 193 | 24.5% |
| Spain | 277 | 249 | 260 | 153 | -18.0% |
| Greece | 167 | 234 | 118 | 100 | -15.7% |
| France | 385 | 43.4 | 60.6 | 69.7 | -43.4% |
| Austria | 105 | 232 | 156 | 27.3 | -36.2% |
| Netherlands | 17.7 | 25.1 | 73.9 | 17.0 | -1.3% |
| Others | 289 | 162 | 468 | 232 | -7.1% |
| Total | 1,860 | 1,630 | 2,058 | 1,878 | 0.3% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Bulgaria in 2022:
- Italy (1507.6 tons)
- Germany (1222.8 tons)
- Ukraine (1031.9 tons)
- Poland (1014.0 tons)
- Slovenia (881.4 tons)
- Greece (572.3 tons)
- Spain (477.4 tons)
- France (388.4 tons)
- Netherlands (274.9 tons)
- Austria (92.0 tons)
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