Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $870 per ton in 2022, approximately mirroring the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $1,014 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,190 per ton), while the price for Austria ($369 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria (FOB) - 2022
In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $1,498 per ton, declining by -88.3% against the previous year. Overall, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 1,283%. As a result, the export price attained the peak level of $18,999 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($1,735 per ton), while the average price for exports to North Macedonia ($628 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 Italy (+50.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria
In 2022, imports of aluminium oxide (including artificial corundum); aluminium hydroxide into Bulgaria reached 5.5K tons, surging by 5% against 2021. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 +54.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide rose slightly to $4.8M in 2022. In general, total imports indicated a significant increase 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 +74.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.2 | 1,159 | 1,612 | 1,047 | 529.4% |
| Austria | 576 | 425 | 727 | 843 | 13.5% |
| China | 145 | 177 | 167 | 716 | 70.3% |
| Germany | 641 | 447 | 582 | 676 | 1.8% |
| Hungary | 138 | 157 | 252 | 396 | 42.1% |
| Bosnia and Herzegovina | 49.2 | 73.8 | 89.2 | 306 | 83.9% |
| Ukraine | 291 | 213 | 232 | 205 | -11.0% |
| Romania | 91.9 | 80.0 | 237 | 141 | 15.3% |
| France | 562 | 414 | 392 | 64.3 | -51.5% |
| Others | 252 | 190 | 324 | 390 | 15.7% |
| Total | 2,750 | 3,336 | 4,614 | 4,783 | 20.3% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Bulgaria in 2022:
- Austria (2283.4 tons)
- Bosnia and Herzegovina (714.1 tons)
- China (519.6 tons)
- United States (516.2 tons)
- Hungary (455.1 tons)
- Germany (308.6 tons)
- Ukraine (162.6 tons)
- Romania (155.4 tons)
- France (64.2 tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria
In 2022, the amount of aluminium oxide (including artificial corundum); aluminium hydroxide exported from Bulgaria soared to 197 tons, jumping by 76% against 2021 figures. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 209% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide declined notably to $295K in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 632%.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 200 | 0% |
| Iran | 67.7 | N/A | N/A | 34.4 | -20.2% |
| Turkey | 2.0 | 682 | 1,390 | 28.5 | 142.4% |
| Ukraine | N/A | N/A | N/A | 23.7 | 0% |
| North Macedonia | 0.9 | 8.0 | N/A | 6.3 | 91.3% |
| Germany | 15.8 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 19.0 | N/A | 0% |
| Greece | 1.6 | N/A | N/A | N/A | 0% |
| Others | 6.2 | N/A | 23.4 | 2.6 | -25.1% |
| Total | 94.3 | 690 | 1,432 | 295 | 46.3% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Bulgaria in 2022:
- Oman (115.0 tons)
- Ukraine (30.1 tons)
- Iran (24.0 tons)
- Turkey (16.4 tons)
- North Macedonia (10.0 tons)
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