Phenols; Phenol-Alcohols Price in Bulgaria - 2023

Contents:

  1. Phenols; Phenol-Alcohols Price in Bulgaria (FOB) - 2022
  2. Phenols; Phenol-Alcohols Price in Bulgaria (CIF) - 2022
  3. Phenols; Phenol-Alcohols Exports in Bulgaria
  4. Phenols; Phenol-Alcohols Imports in Bulgaria

Phenols; Phenol-Alcohols Price in Bulgaria (FOB) - 2022

The average phenols; phenol-alcohols export price stood at $9,252 per ton in 2022, waning by -58.7% against the previous year. Overall, the export price saw a mild setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs at $22,378 per ton in 2021, and then declined significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($23,301 per ton), while the average price for exports to Serbia ($2,151 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 Turkey (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Phenols; Phenol-Alcohols Price in Bulgaria (CIF) - 2022

In 2022, the average phenols; phenol-alcohols import price amounted to $4,276 per ton, falling by -34.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 38%. The import price peaked at $6,564 per ton in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($15,019 per ton), while the price for the Czech Republic ($1,602 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Phenols; Phenol-Alcohols Exports in Bulgaria

In 2022, after three years of growth, there was significant decline in overseas shipments of phenols; phenol-alcoholses, when their volume decreased by -38.2% to 32 tons. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 52 tons, and then declined markedly in the following year.

In value terms, phenols; phenol-alcohols exports fell notably to $298K in 2022. Overall, exports recorded a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 93%.

Export of Phenols; Phenol-Alcohols in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece61.841.187.681.59.7%
Turkey8.28.125.518.932.1%
North Macedonia13.312.815.913.2-0.3%
SerbiaN/A4.26.35.615.5%
United Kingdom256405N/AN/A58.2%
ItalyN/A240992N/A313.3%
Others49.139.440.317953.9%
Total3887501,167298-8.4%

Top Export Markets for Phenols; Phenol-Alcohols from Bulgaria in 2022:

  1. Greece (26.2 tons)
  2. Serbia (2.6 tons)
  3. North Macedonia (1.3 tons)
  4. Turkey (0.8 tons)

Phenols; Phenol-Alcohols Imports in Bulgaria

In 2022, approx. 188 tons of phenols; phenol-alcoholses were imported into Bulgaria; increasing by 24% on the previous year's figure. In general, imports, however, saw a deep setback.

In value terms, phenols; phenol-alcohols imports shrank significantly to $804K in 2022. Overall, imports, however, showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year.

Import of Phenols; Phenol-Alcohols in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France21.034.412911978.3%
Czech Republic80.586.813911011.0%
Germany12863.942.798.3-8.4%
Spain86.895.352.780.3-2.6%
Belgium42.235.83.747.74.2%
Turkey0.81.70.537.6260.9%
Denmark32.026.537.227.3-5.2%
Romania11935.131.44.6-66.2%
Croatia1,1319.02563.2-85.9%
Others2173273002778.5%
Total1,858715992804-24.4%

Top Suppliers of Phenols; Phenol-Alcohols to Bulgaria in 2022:

  1. Czech Republic (68.5 tons)
  2. France (49.5 tons)
  3. Spain (28.5 tons)
  4. Belgium (12.2 tons)
  5. Germany (6.7 tons)
  6. Turkey (4.0 tons)
  7. Denmark (3.2 tons)
  8. Romania (0.5 tons)
  9. Croatia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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