Price for Polyphenols; Resorcinol and Its Salts in Bulgaria - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Bulgaria (CIF) - 2022
- Price for Polyphenols; Resorcinol and Its Salts in Bulgaria (FOB) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Bulgaria
- Exports of Polyphenols; Resorcinol and Its Salts in Bulgaria
Price for Polyphenols; Resorcinol and Its Salts in Bulgaria (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $22,065 per ton in 2022, increasing by 12% against the previous year. In general, the import price recorded a measured increase. The growth pace was the most rapid in 2018 when the average import price increased by 67%. The import price peaked at $22,148 per ton in 2019; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($54,364 per ton), while the price for China ($15,207 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphenols; Resorcinol and Its Salts in Bulgaria (FOB) - 2022
The average export price for polyphenols; resorcinol and its saltses stood at $23,083 per ton in 2022, declining by -24% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyphenols; resorcinol and its salts export price decreased by -40.0% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 92%. The export price peaked at $38,453 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($31,280 per ton), while the average price for exports to Russia stood at $21,818 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+43.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyphenols; Resorcinol and Its Salts in Bulgaria
In 2022, approx. 6.4 tons of polyphenols; resorcinol and its saltses were imported into Bulgaria; picking up by 8.9% against 2021. The total import volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 29%. As a result, imports reached the peak of 6.4 tons; afterwards, it flattened through to 2022.
In value terms, polyphenols; resorcinol and its salts imports skyrocketed to $141K in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Polyphenols; Resorcinol and Its Salts in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 14.1 | 20.6 | 60.1 | 106.5% |
| China | 50.8 | 67.5 | 45.2 | 30.4 | -15.7% |
| Germany | 7.7 | 8.1 | 16.7 | 27.9 | 53.6% |
| United States | 19.0 | 10.4 | 21.6 | 20.9 | 3.2% |
| United Kingdom | 32.6 | 25.5 | 1.6 | N/A | -77.8% |
| Others | N/A | 2.0 | 10.0 | 1.6 | -10.6% |
| Total | 110 | 128 | 116 | 141 | 8.6% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Bulgaria in 2022:
- China (2.0 tons)
- Netherlands (1.9 tons)
- Germany (1.4 tons)
- United States (1.0 tons)
Exports of Polyphenols; Resorcinol and Its Salts in Bulgaria
After two years of decline, overseas shipments of polyphenols; resorcinol and its saltses increased by 59% to 374 kg in 2022. In general, exports, however, saw a deep slump.
In value terms, polyphenols; resorcinol and its salts exports soared to $8.6K in 2022. Over the period under review, exports, however, continue to indicate a significant curtailment.
| Export of Polyphenols; Resorcinol and Its Salts in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 5.2 | N/A | 7.1 | 16.8% |
| North Macedonia | N/A | 0.9 | 2.4 | 1.6 | 33.3% |
| Uzbekistan | 1.7 | N/A | N/A | N/A | 0% |
| Romania | 13.4 | 2.4 | 4.8 | N/A | -40.1% |
| Turkey | 5.7 | 5.7 | N/A | N/A | 0.0% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 21.4 | 14.1 | 7.1 | 8.6 | -26.2% |
Top Export Markets for Polyphenols; Resorcinol and Its Salts from Bulgaria in 2022:
- Russia (324.0 kg)
- North Macedonia (50.0 kg)
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