Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Bulgaria - 2023

Contents:

1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Bulgaria (CIF) - 2022
2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Bulgaria (FOB) - 2023
3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Bulgaria
4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Bulgaria

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Bulgaria (CIF) - 2022

The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,355 per ton in 2022, growing by 22% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 22%. The import price peaked at $2,361 per ton in 2012; afterwards, it flattened through to 2022.

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 the United States ($4,185 per ton), while the price for Poland ($1,246 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Bulgaria (FOB) - 2023

The average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $6,181 per ton in October 2023, with an increase of 104% against the previous month. Over the period under review, the export price posted a pronounced increase. The most prominent rate of growth was recorded in December 2022 an increase of 105% m-o-m. Over the period under review, the average export prices attained the maximum in October 2023.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Belarus ($6,640 per ton), while the average price for exports to North Macedonia totaled $3,558 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Bulgaria

In 2022, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s into Bulgaria contracted to 588 tons, reducing by -7.9% against the year before. In general, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 75%. As a result, imports reached the peak of 638 tons, and then declined in the following year.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $1.4M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 64% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Bulgaria in 2022:

1. Czech Republic (213.9 tons)
2. China (148.3 tons)
3. Belgium (115.6 tons)
4. Germany (35.1 tons)
5. United States (18.1 tons)
6. Romania (15.5 tons)
7. Poland (13.2 tons)
8. Greece (4.5 tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Bulgaria

Exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s from Bulgaria expanded markedly to 70 tons in 2022, growing by 14% compared with 2021 figures. The total export volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 28%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s surged to $311K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Bulgaria in 2022:

1. Greece (37.0 tons)
2. Latvia (20.0 tons)
3. North Macedonia (8.4 tons)
4. Norway (4.0 tons)
5. Romania (0.6 tons)

Source: IndexBox Market Intelligence Platform