Bulgaria - U-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel U-Section Price in Bulgaria - 2023
Contents:
- Non-Alloy Steel U-Section Price in Bulgaria (CIF) - 2023
- Non-Alloy Steel U-Section Price in Bulgaria (FOB) - 2022
- Non-Alloy Steel U-Section Imports in Bulgaria
- Non-Alloy Steel U-Section Exports in Bulgaria
Non-Alloy Steel U-Section Price in Bulgaria (CIF) - 2023
The average non-alloy steel u-section import price stood at $997 per ton in September 2023, picking up by 10% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 27% m-o-m. Over the period under review, average import prices reached the maximum at $1,123 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From September 2022 to September 2023, the rate of growth in terms of prices for the UK amounted to +10.2% per month.
Non-Alloy Steel U-Section Price in Bulgaria (FOB) - 2022
The average non-alloy steel u-section export price stood at $1,081 per ton in 2022, picking up by 21% against the previous year. Over the period under review, the export price posted a notable expansion. The pace of growth appeared the most rapid in 2021 an increase of 49%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Hungary ($1,314 per ton) and Serbia ($1,169 per ton), while the average price for exports to North Macedonia ($982 per ton) and Croatia ($1,006 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Alloy Steel U-Section Imports in Bulgaria
In 2022, approx. 9.1K tons of u-sections of non-alloy steel were imported into Bulgaria; reducing by -4.3% on 2021 figures. Over the period under review, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 0.3% against the previous year.
In value terms, non-alloy steel u-section imports skyrocketed to $9.2M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Non-Alloy Steel U-Section in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,047 | 1,388 | 1,648 | 4,459 | 62.1% |
| Luxembourg | 308 | 1,091 | 409 | 1,323 | 62.6% |
| Spain | 61.0 | 5.0 | 234 | 1,276 | 175.5% |
| Romania | 814 | 959 | 446 | 466 | -17.0% |
| Poland | 512 | 878 | 652 | 453 | -4.0% |
| Czech Republic | 225 | 131 | 256 | 394 | 20.5% |
| Germany | 121 | 305 | 150 | 363 | 44.2% |
| Ukraine | 2,456 | 337 | 2,987 | 85.6 | -67.3% |
| Others | 180 | 215 | 449 | 385 | 28.8% |
| Total | 5,724 | 5,309 | 7,230 | 9,205 | 17.2% |
Top Suppliers of Non-Alloy Steel U-Section to Bulgaria in 2022:
- Turkey (5.0K tons)
- Spain (1.3K tons)
- Luxembourg (1.0K tons)
- Romania (0.4K tons)
- Poland (0.4K tons)
- Czech Republic (0.3K tons)
- Germany (0.3K tons)
- Ukraine (0.1K tons)
Non-Alloy Steel U-Section Exports in Bulgaria
In 2022, approx. 235 tons of u-sections of non-alloy steel were exported from Bulgaria; waning by -56.4% compared with the year before. In general, exports saw a sharp shrinkage. The smallest decline of -40.1% was in 2021.
In value terms, non-alloy steel u-section exports shrank notably to $254K in 2022. Overall, exports showed a sharp slump. The smallest decline of -10.8% was in 2021.
| Export of Non-Alloy Steel U-Section in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 15.8 | 12.5 | 83.5 | 113 | 92.7% |
| North Macedonia | 251 | 316 | 291 | 77.4 | -32.4% |
| Albania | N/A | N/A | N/A | 16.3 | 0% |
| Croatia | N/A | N/A | 7.4 | 13.1 | 77.0% |
| Serbia | 7.4 | 45.8 | 37.0 | 12.4 | 18.8% |
| Greece | 1,029 | 140 | 46.6 | 8.7 | -79.6% |
| Hungary | N/A | N/A | N/A | 5.5 | 0% |
| Algeria | 452 | N/A | N/A | N/A | 0% |
| Others | 3.1 | 26.4 | 16.6 | 7.3 | 33.0% |
| Total | 1,759 | 541 | 482 | 254 | -47.5% |
Top Export Markets for Non-Alloy Steel U-Section from Bulgaria in 2022:
- Romania (99.6 tons)
- North Macedonia (78.9 tons)
- Albania (15.5 tons)
- Croatia (13.0 tons)
- Serbia (10.6 tons)
- Greece (8.0 tons)
- Hungary (4.2 tons)
This report provides an in-depth analysis of the non-alloy steel u-section 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
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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