Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Bulgaria - 2023

Contents:

1. Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Bulgaria (FOB) - 2022
2. Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Bulgaria (CIF) - 2022
3. Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Bulgaria
4. Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Bulgaria

Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Bulgaria (FOB) - 2022

The average export price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $199 per ton in 2022, dropping by -43% against the previous year. Overall, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 133%. As a result, the export price reached the peak level of $349 per ton, and then dropped remarkably in the following year.

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

From 2016 to 2022, the rate of growth in terms of prices for North Macedonia amounted to +0.3% per year.

Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Bulgaria (CIF) - 2022

In 2022, the average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses amounted to $1,077 per ton, surging by 166% against the previous year. Over the period under review, the import price, however, showed a perceptible contraction. The import price peaked at $1,560 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to +6.4% per year.

Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Bulgaria

In 2022, shipments abroad of residues; of petroleum oils or of oils obtained from bituminous mineralses decreased by -62.5% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 219% against the previous year. As a result, the exports reached the peak of 3.1K tons, and then fell sharply in the following year.

In value terms, exports of residues; of petroleum oils or of oils obtained from bituminous mineralses reduced notably to $231K in 2022. In general, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 643%. As a result, the exports reached the peak of $1.1M, and then declined dramatically in the following year.

Top Export Markets for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals from Bulgaria in 2022:

1. North Macedonia (1158.1 tons)

Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Bulgaria

In 2022, overseas purchases of residues; of petroleum oils or of oils obtained from bituminous mineralses decreased by -99.6% to 37 tons, falling for the second year in a row after two years of growth. In general, imports showed a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 749% against the previous year. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses declined sharply to $40K in 2022. Over the period under review, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 957% against the previous year.

Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to Bulgaria in 2022:

1. Poland (37.0 tons)

Source: IndexBox Market Intelligence Platform