Price for Poly(Lactic Acid); in Primary Forms in Bulgaria - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Bulgaria (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Bulgaria (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Bulgaria
  4. Exports of Poly(Lactic Acid); in Primary Forms in Bulgaria

Price for Poly(Lactic Acid); in Primary Forms in Bulgaria (CIF) - 2022

In 2022, the average import price for poly(lactic acid); in primary formses amounted to $3,043 per ton, rising by 6.7% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 17% against the previous year. The import price peaked at $5,728 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 Greece ($4,878 per ton), while the price for Germany ($1,850 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+41.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Poly(Lactic Acid); in Primary Forms in Bulgaria (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $2,700 per ton in 2022, which is down by -12.9% against the previous year. In general, the export price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2016 an increase of 68%. As a result, the export price reached the peak level of $4,784 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($3,387 per ton), while the average price for exports to Greece amounted to $2,664 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.4%), while the prices for the other major destinations experienced a decline.

Imports of Poly(Lactic Acid); in Primary Forms in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in overseas purchases of poly(lactic acid); in primary formses, which increased by 41% to 49 tons in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 90% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, poly(lactic acid); in primary forms imports soared to $150K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 100%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Poly(Lactic Acid); in Primary Forms in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16.2N/AN/A82.872.3%
Belgium13.971.797.356.960.0%
Netherlands4.5N/AN/A5.46.3%
Others3.44.12.14.711.4%
Total38.075.899.315058.0%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Bulgaria in 2022:

  1. Italy (27.8 tons)
  2. Belgium (18.9 tons)
  3. Netherlands (1.8 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Bulgaria

After two years of decline, overseas shipments of poly(lactic acid); in primary formses decreased by -42.6% to 574 kg in 2022. In general, exports continue to indicate a abrupt contraction.

In value terms, poly(lactic acid); in primary forms exports reduced notably to $1.6K in 2022. Overall, exports continue to indicate a abrupt curtailment.

Export of Poly(Lactic Acid); in Primary Forms in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece2.3N/AN/A1.5-13.3%
North MacedoniaN/AN/A3.1N/A0%
Lithuania0.4N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total2.9N/A3.11.6-18.0%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Bulgaria in 2022:

  1. Greece (569.0 kg)

Source: IndexBox Market Intelligence Platform

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