Bulgaria: Market for Manganese Ores and Concentrates 2025

Market Size for Manganese Ores and Concentrates in Bulgaria

The Bulgarian manganese ore and concentrate market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption posted a tangible increase. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Manganese Ores and Concentrates in Bulgaria

In value terms, manganese ore and concentrate production soared to $X in 2022 estimated in export price. In general, production recorded a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Manganese Ores and Concentrates

Exports from Bulgaria

Manganese ore and concentrate exports from Bulgaria amounted to X tons in 2021, stabilizing at the previous year. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, manganese ore and concentrate exports totaled $X in 2021. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for manganese ore and concentrate exports from Bulgaria, with a X% share of total exports. Moreover, manganese ore and concentrate exports to the Czech Republic exceeded the volume sent to the second major destination, Slovakia (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Georgia (X% per year).

From 2012 to 2021, the average annual growth rate of value to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Slovakia (X% per year).

Export Prices by Country

The average manganese ore and concentrate export price stood at $X per ton in 2021, remaining constant against the previous year. Overall, the export price enjoyed a measured increase. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Manganese Ores and Concentrates

Imports into Bulgaria

In 2022, after two years of decline, there was significant growth in supplies from abroad of manganese ores and concentrates, when their volume increased by X% to X tons. In general, imports, however, continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, manganese ore and concentrate imports skyrocketed to $X in 2022. Overall, imports enjoyed temperate growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest manganese ore and concentrate supplier to Bulgaria, with a X% share of total imports. Moreover, manganese ore and concentrate imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold.

From 2013 to 2022, the average annual growth rate of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of manganese ores and concentrates to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with an X% share of total imports.

From 2013 to 2022, the average annual growth rate of value from China stood at X%.

Import Prices by Country

The average manganese ore and concentrate import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price posted significant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for China totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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