Bulgaria: Market for Other than Roasted Molybdenum Ores and Concentrates 2025

Market Size for Other than Roasted Molybdenum Ores and Concentrates in Bulgaria

In 2021, the Bulgarian market for other than roasted molybdenum ores and concentrateses decreased by -8.6% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption showed a tangible increase. Over the period under review, the market attained the maximum level at $X in 2020, and then fell in the following year.

Production of Other than Roasted Molybdenum Ores and Concentrates in Bulgaria

In value terms, production of other than roasted molybdenum ores and concentrateses dropped to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 25%. As a result, production reached the peak level of $X, and then fell in the following year.

Exports of Other than Roasted Molybdenum Ores and Concentrates

Exports from Bulgaria

In 2021, overseas shipments of other than roasted molybdenum ores and concentrateses decreased by -36.4% to X kg, falling for the fourth consecutive year after three years of growth. Overall, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 200% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of other than roasted molybdenum ores and concentrateses soared to $X in 2021. In general, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2017 when exports increased by 99%. Over the period under review, the exports of attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X kg) was the main destination for exports of other than roasted molybdenum ores and concentrateses from Bulgaria, accounting for a 86% share of total exports. Moreover, exports of other than roasted molybdenum ores and concentrateses to Russia exceeded the volume sent to the second major destination, Lebanon (X kg), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to -52.0%.

In value terms, Russia ($X) remains the key foreign market for other than roasted molybdenum ores and concentrateses exports from Bulgaria, comprising 69% of total exports. The second position in the ranking was held by Lebanon ($X), with a 31% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at -48.6%.

Export Prices by Country

In 2021, the average export price for other than roasted molybdenum ores and concentrateses amounted to $X per ton, surging by 91% against the previous year. Overall, the export price continues to indicate significant growth. The growth pace was the most rapid in 2020 an increase of 976% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Lebanon ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+6.9%).

Imports of Other than Roasted Molybdenum Ores and Concentrates

Imports into Bulgaria

In 2021, approx. X kg of other than roasted molybdenum ores and concentrateses were imported into Bulgaria; waning by -3.2% on the previous year. In general, imports, however, showed a notable expansion. The pace of growth was the most pronounced in 2018 when imports increased by 805%. As a result, imports attained the peak of X kg. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of other than roasted molybdenum ores and concentrateses totaled $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 795% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Italy (X kg) was the main other than roasted molybdenum ores and concentrates supplier to Bulgaria, accounting for a 96% share of total imports. Moreover, imports of other than roasted molybdenum ores and concentrateses from Italy exceeded the figures recorded by the second-largest supplier, Japan (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +69.7%.

In value terms, Italy ($X) constituted the largest supplier of other than roasted molybdenum ores and concentrateses to Bulgaria, comprising 97% of total imports. The second position in the ranking was taken by Japan ($X), with a 3.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +74.1%.

Import Prices by Country

In 2021, the average import price for other than roasted molybdenum ores and concentrateses amounted to $X per ton, picking up by 6.3% against the previous year. Overall, the import price, however, saw a perceptible slump. The growth pace was the most rapid in 2014 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Japan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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