Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Bulgaria - 2023

Contents:

1. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Bulgaria (CIF) - 2022
2. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Bulgaria (FOB) - 2022
3. Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Bulgaria
4. Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Bulgaria

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Bulgaria (CIF) - 2022

In 2022, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,726 per ton, with a decrease of -3.5% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses increased by +58.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 64%. As a result, import price attained the peak level of $2,824 per ton, and then contracted slightly in the following year.

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 Germany ($3,656 per ton), while the price for the United States ($828 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Bulgaria (FOB) - 2022

The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,305 per ton in 2022, waning by -25.2% against the previous year. In general, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2019 an increase of 118% against the previous year. The export price peaked at $3,326 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($2,431 per ton), while the average price for exports to North Macedonia totaled $1,770 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (-1.5%).

Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Bulgaria

Imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Bulgaria skyrocketed to 423 tons in 2022, picking up by 72% against 2021 figures. Over the period under review, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses soared to $1.2M in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 129%. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Bulgaria in 2022:

1. Germany (204.8 tons)
2. China (150.0 tons)
3. Greece (31.3 tons)
4. United States (19.1 tons)
5. Russia (10.0 tons)

Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Bulgaria

In 2022, after two years of decline, there was significant decline in shipments abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses, when their volume decreased by -94.8% to 1.1 tons. Over the period under review, exports recorded a precipitous descent.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses dropped markedly to $2.4K in 2022. In general, exports recorded a sharp curtailment.

Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Bulgaria in 2022:

1. Serbia (850.0 kg)
2. North Macedonia (200.0 kg)

Source: IndexBox Market Intelligence Platform