Complex Cyanides Price in Bulgaria - 2023

Complex Cyanides Price in Bulgaria (CIF) - 2022

In 2022, the average complex cyanides import price amounted to $13,566 per ton, jumping by 32% against the previous year. In general, the import price, however, saw a perceptible descent. The pace of growth was the most pronounced in 2020 when the average import price increased by 101%. Over the period under review, average import prices attained the maximum at $18,122 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 ($71,587 per ton), while the price for China ($6,233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Complex Cyanides Price in Bulgaria (FOB) - 2022

In 2022, the average complex cyanides export price amounted to $747 per ton, stabilizing at the previous year. In general, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2017 a decrease of -13.2% against the previous year. The export price peaked at $3,474 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -14.2% per year.

Complex Cyanides Imports in Bulgaria

In 2022, after three years of growth, there was significant decline in overseas purchases of complex cyanideses, when their volume decreased by -89.4% to 150 kg. In general, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of 1.4 tons, and then contracted rapidly in the following year.

In value terms, complex cyanides imports dropped notably to $2K in 2022. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 198%.

Import of Complex Cyanides in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	1.0	7.7	13.6	0.8	-7.2%
Czech Republic	0.7	N/A	N/A	0.3	-24.6%
China	0.7	N/A	N/A	0.3	-24.6%
Germany	0.5	0.6	0.9	0.2	-26.3%
Others	0.1	0.3	N/A	0.4	58.7%
Total	2.9	8.6	14.5	2.0	-11.6%

Top Suppliers of Complex Cyanides to Bulgaria in 2022:

Poland (56.0 kg)
China (52.0 kg)
Czech Republic (36.0 kg)
Germany (3.0 kg)

Complex Cyanides Exports in Bulgaria

In 2022, overseas shipments of complex cyanideses decreased by 0% to 170 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a slight descent. The pace of growth appeared the most rapid in 2020 with an increase of 94%. As a result, the exports reached the peak of 340 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, complex cyanides exports totaled $127 in 2022. Overall, exports showed a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 64% against the previous year. As a result, the exports attained the peak of $254. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.