Price for Iodides and Iodide Oxides in Bulgaria - 2023

Price for Iodides and Iodide Oxides in Bulgaria (CIF) - 2022

The average iodides and iodide oxides import price stood at $38,404 per ton in 2022, with an increase of 7.8% against the previous year. Overall, the import price, however, continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 12%. Over the period under review, average import prices reached the peak figure at $54,313 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($67,630 per ton), while the price for Belgium ($14,501 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iodides and Iodide Oxides in Bulgaria (FOB) - 2022

The average iodides and iodide oxides export price stood at $60,082 per ton in 2022, jumping by 52% against the previous year. In general, the export price, however, saw a abrupt curtailment. Over the period under review, the average export prices reached the peak figure at $117,340 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($73,600 per ton), while the average price for exports to Armenia stood at $59,406 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Iodides and Iodide Oxides in Bulgaria

In 2022, the amount of iodides and iodide oxideses imported into Bulgaria skyrocketed to 5.7 tons, increasing by 124% compared with the previous year's figure. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, iodides and iodide oxides imports soared to $221K in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Iodides and Iodide Oxides in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	41.9	60.7	54.3	124	43.6%
Poland	22.9	24.4	21.4	40.5	20.9%
India	N/A	13.5	N/A	16.6	10.9%
China	N/A	N/A	3.8	13.5	255.3%
Belgium	3.3	1.5	1.5	5.0	14.9%
Netherlands	N/A	16.6	N/A	N/A	0%
Others	4.2	2.6	10.3	20.9	70.7%
Total	72.3	119	91.2	221	45.1%

Top Suppliers of Iodides and Iodide Oxides to Bulgaria in 2022:

Germany (3873.0 kg)
Poland (650.0 kg)
Belgium (343.0 kg)
India (300.0 kg)
China (200.0 kg)

Exports of Iodides and Iodide Oxides in Bulgaria

In 2022, approx. 525 kg of iodides and iodide oxideses were exported from Bulgaria; declining by -4.5% on the previous year's figure. In general, exports saw a perceptible decrease.

In value terms, iodides and iodide oxides exports surged to $32K in 2022. Overall, total exports indicated significant growth from 2020 to 2022: its value increased at an average annual rate of +23.3% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.