Quartzite Price in Bulgaria - 2023

Contents:

  1. Quartzite Price in Bulgaria (CIF) - 2022
  2. Quartzite Price in Bulgaria (FOB) - 2022
  3. Quartzite Imports in Bulgaria
  4. Quartzite Exports in Bulgaria

Quartzite Price in Bulgaria (CIF) - 2022

In 2022, the average quartzite import price amounted to $806 per ton, dropping by -71.4% against the previous year. In general, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 201% against the previous year. Over the period under review, average import prices attained the peak figure at $2,819 per ton in 2021, and then fell sharply 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 ($3,534 per ton), while the price for Greece ($223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Quartzite Price in Bulgaria (FOB) - 2022

The average quartzite export price stood at $229 per ton in 2022, leveling off at the previous year. In general, the export price enjoyed a notable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 608% against the previous year. As a result, the export price attained the peak level of $1,106 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($718 per ton), while the average price for exports to Georgia ($54 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+21.0%), while the prices for the other major destinations experienced mixed trend patterns.

Quartzite Imports in Bulgaria

After two years of decline, overseas purchases of quartzite increased by 337% to 18 tons in 2022. Over the period under review, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, quartzite imports soared to $14K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.3% 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 +74.3% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Quartzite in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria6.3N/AN/A10.317.8%
Turkey0.1N/AN/A1.4141.0%
Italy0.79.210.51.426.0%
Greece0.5N/AN/A0.50.0%
Others0.82.51.00.94.0%
Total8.311.711.614.520.4%

Top Suppliers of Quartzite to Bulgaria in 2022:

  1. Austria (11.0 tons)
  2. Turkey (3.8 tons)
  3. Greece (2.2 tons)
  4. Italy (0.5 tons)

Quartzite Exports in Bulgaria

In 2022, the amount of quartzite exported from Bulgaria was estimated at 936 kg, remaining stable against the year before. Overall, exports faced a dramatic decline. The smallest decline of 99.9% was in 2020.

In value terms, quartzite exports amounted to $214 in 2022. Over the period under review, exports faced a significant decline. The smallest decline of -99.8% was in 2020.

Export of Quartzite in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany60.60.4N/A0.1-88.2%
Georgia64.4N/AN/AN/A0%
Romania79.4N/AN/AN/A0%
Others1.3N/AN/AN/A0%
Total2060.4N/A0.2-90.1%

Top Export Markets for Quartzite from Bulgaria in 2022:

  1. Georgia (557.0 kg)
  2. Germany (193.0 kg)
  3. Romania (184.0 kg)

Source: IndexBox Market Intelligence Platform

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