Bulgaria - Copper Screws, Bolts And Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Screw Price in Bulgaria - 2023
Contents:
- Copper Screw Price in Bulgaria (CIF) - 2023
- Copper Screw Price in Bulgaria (FOB) - 2022
- Copper Screw Imports in Bulgaria
- Copper Screw Exports in Bulgaria
Copper Screw Price in Bulgaria (CIF) - 2023
In June 2023, the average copper screw import price amounted to $13,677 per ton, which is down by -4.4% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in March 2023 an increase of 20% month-to-month. The import price peaked at $14,303 per ton in May 2023, and then declined modestly in the following month.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Denmark ($15,102 per ton) and China ($14,139 per ton), while the price for Spain ($13,184 per ton) and Italy ($13,291 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Copper Screw Price in Bulgaria (FOB) - 2022
The average copper screw export price stood at $17,397 per ton in 2022, growing by 4.1% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper screw export price increased by +20.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 45%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($82,211 per ton), while the average price for exports to Italy ($9,747 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 Turkey (+87.7%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Screw Imports in Bulgaria
In 2022, after three years of growth, there was significant decline in overseas purchases of copper screws, bolts and nuts, when their volume decreased by -14.8% to 1.2K tons. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 25% against the previous year.
In value terms, copper screw imports amounted to $14M in 2022. The total import value increased at an average annual rate of +13.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Copper Screw in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.8 | 10.9 | 12.7 | 13.0 | 13.9% |
| China | 0.1 | 0.3 | 0.3 | 0.3 | 44.2% |
| Others | 1.0 | 1.3 | 1.1 | 1.2 | 6.3% |
| Total | 9.8 | 12.5 | 14.1 | 14.4 | 13.7% |
Top Suppliers of Copper Screw to Bulgaria in 2022:
- Italy (1093.5 tons)
- China (25.4 tons)
Copper Screw Exports in Bulgaria
In 2022, shipments abroad of copper screws, bolts and nuts decreased by -27.5% to 7 tons, falling for the second year in a row after two years of growth. In general, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, copper screw exports dropped sharply to $122K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 61%.
| Export of Copper Screw in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.0 | 13.2 | 18.8 | 41.4 | 34.5% |
| Turkey | 4.2 | N/A | N/A | 19.6 | 67.1% |
| Spain | 38.3 | 27.6 | 7.7 | 18.6 | -21.4% |
| Russia | 18.7 | 42.4 | 31.0 | 17.3 | -2.6% |
| Greece | N/A | 39.7 | 55.8 | 7.7 | -56.0% |
| Italy | N/A | 1.2 | 4.7 | 6.3 | 129.1% |
| United Kingdom | N/A | 5.5 | 0.7 | 3.2 | -23.7% |
| China | N/A | 10.0 | 16.1 | N/A | 61.0% |
| Georgia | 5.6 | 3.3 | 12.0 | N/A | 46.4% |
| Others | 11.2 | 10.1 | 14.4 | 7.6 | -12.1% |
| Total | 95.0 | 153 | 161 | 122 | 8.7% |
Top Export Markets for Copper Screw from Bulgaria in 2022:
- Germany (2977.0 kg)
- Spain (1629.0 kg)
- Russia (771.0 kg)
- Italy (645.0 kg)
- Greece (276.0 kg)
- Turkey (238.0 kg)
- United Kingdom (164.0 kg)
This report provides an in-depth analysis of the copper screw market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25941340 - Copper screws, bolts and nuts (excluding pointed screw nails, s crew stoppers, threaded mechanisms used to transmit motion/to act as active machinery part, screw hooks, rings)
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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