Bulgaria: Market for Natural Calcium And Aluminium Phosphates 2022

Market Size for Natural Calcium And Aluminium Phosphates in Bulgaria

In 2021, the Bulgarian market for natural calcium and aluminium phosphates was finally on the rise to reach $X after three years of decline. Overall, consumption, however, recorded a abrupt slump. Natural calcium and aluminium phosphates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Natural Calcium And Aluminium Phosphates

Exports from Bulgaria

In 2021, overseas shipments of natural calcium and aluminium phosphates decreased by 0% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports showed a sharp descent. The pace of growth appeared the most rapid in 2019 when exports increased by 11%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, natural calcium and aluminium phosphates exports stood at $X in 2021. Overall, exports showed a deep slump. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Greece (X tons) was the main destination for natural calcium and aluminium phosphates exports from Bulgaria, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Greece stood at +6.7%.

From 2012 to 2021, the average annual growth rate of value to Greece amounted to +33.1%.

Export Prices by Country

The average export price for natural calcium and aluminium phosphates stood at $X per ton in 2021, standing approx. at the previous year. In general, the export price posted prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 60%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2021, the rate of growth in terms of prices for Hungary amounted to +63.4% per year.

Imports of Natural Calcium And Aluminium Phosphates

Imports into Bulgaria

In 2021, overseas purchases of natural calcium and aluminium phosphates increased by 24% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, continue to indicate a pronounced reduction. The growth pace was the most rapid in 2014 when imports increased by 41% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, natural calcium and aluminium phosphates imports surged to $X in 2021. In general, imports, however, recorded a abrupt curtailment. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Morocco (X tons), Togo (X tons) and Egypt (X tons) were the main suppliers of natural calcium and aluminium phosphates imports to Bulgaria, with a combined 88% share of total imports.

From 2012 to 2021, the biggest increases were in Egypt (with a CAGR of +35.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest natural calcium and aluminium phosphates suppliers to Bulgaria were Togo ($X), Morocco ($X) and Egypt ($X), with a combined 90% share of total imports.

Among the main suppliers, Egypt, with a CAGR of +31.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for natural calcium and aluminium phosphates amounted to $X per ton, picking up by 59% against the previous year. In general, the import price, however, showed a pronounced shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Togo ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+9.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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