Price for Aluminium; Alloys, Hollow Profiles in Bulgaria - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Bulgaria (FOB) - 2023
- Price for Aluminium; Alloys, Hollow Profiles in Bulgaria (CIF) - 2023
- Exports of Aluminium; Alloys, Hollow Profiles in Bulgaria
- Imports of Aluminium; Alloys, Hollow Profiles in Bulgaria
Price for Aluminium; Alloys, Hollow Profiles in Bulgaria (FOB) - 2023
In June 2023, the average aluminium; alloys, hollow profiles export price amounted to $4,836 per ton, growing by 2.8% against the previous month. Overall, the export price, however, continues to indicate a slight contraction. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 9.7% m-o-m. Over the period under review, the average export prices attained the maximum at $5,493 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Croatia ($8,085 per ton), while the average price for exports to the Czech Republic ($2,399 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Aluminium; Alloys, Hollow Profiles in Bulgaria (CIF) - 2023
The average aluminium; alloys, hollow profiles import price stood at $5,222 per ton in June 2023, waning by -6.6% against the previous month. Over the period under review, the import price recorded a slight reduction. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 15% m-o-m. Over the period under review, average import prices hit record highs at $6,185 per ton in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($9,986 per ton), while the price for Italy ($2,570 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Hungary (+0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Aluminium; Alloys, Hollow Profiles in Bulgaria
In 2022, the amount of aluminium; alloys, hollow profileses exported from Bulgaria soared to 13K tons, surging by 39% on the year before. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 99%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, aluminium; alloys, hollow profiles exports soared to $70M in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 156%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Aluminium; Alloys, Hollow Profiles in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.0 | 1.0 | 3.7 | 14.5 | 143.8% |
| Netherlands | 0.2 | 0.1 | 4.2 | 7.6 | 236.2% |
| Austria | N/A | 0.5 | 5.8 | 7.3 | 282.1% |
| Belgium | 0.2 | 0.1 | 1.3 | 6.0 | 210.7% |
| Italy | 0.1 | 0.1 | 0.5 | 5.0 | 268.4% |
| Serbia | 2.4 | 4.1 | 5.8 | 4.8 | 26.0% |
| Poland | 0.5 | 0.2 | 2.9 | 4.6 | 109.5% |
| Greece | 2.1 | 2.4 | 4.5 | 4.0 | 24.0% |
| Romania | 1.4 | 1.8 | 2.5 | 2.6 | 22.9% |
| Ukraine | 3.4 | 2.4 | 3.2 | 1.7 | -20.6% |
| Czech Republic | 1.3 | 0.4 | 0.8 | 1.0 | -8.4% |
| Moldova | 1.0 | 0.8 | 1.1 | 0.8 | -7.2% |
| Others | 3.3 | 3.3 | 7.1 | 9.8 | 43.7% |
| Total | 16.8 | 17.0 | 43.6 | 69.6 | 60.6% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Bulgaria in 2022:
- Germany (2.9K tons)
- Netherlands (1.6K tons)
- Austria (1.4K tons)
- Belgium (1.2K tons)
- Italy (0.9K tons)
- Poland (0.9K tons)
- Serbia (0.9K tons)
- Greece (0.8K tons)
- Romania (0.4K tons)
- Ukraine (0.3K tons)
- Czech Republic (0.2K tons)
- Moldova (0.1K tons)
Imports of Aluminium; Alloys, Hollow Profiles in Bulgaria
In 2022, overseas purchases of aluminium; alloys, hollow profileses decreased by -0.5% to 6.7K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 49%. As a result, imports attained the peak of 6.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, aluminium; alloys, hollow profiles imports soared to $38M in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Hollow Profiles in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 11.2 | 12.8 | 16.9 | 24.6 | 30.0% |
| Hungary | 1.3 | 2.9 | 3.4 | 4.0 | 45.4% |
| Belgium | 1.5 | 1.8 | 2.2 | 3.1 | 27.4% |
| Germany | 0.5 | 0.8 | 1.6 | 1.7 | 50.4% |
| Italy | 1.1 | 1.0 | 1.3 | 1.5 | 10.9% |
| Greece | 0.8 | 0.5 | 0.8 | 0.7 | -4.4% |
| China | 0.8 | 0.7 | 0.2 | 0.4 | -20.6% |
| Romania | 0.5 | 1.5 | 2.4 | 0.3 | -15.7% |
| Others | 1.4 | 1.8 | 1.6 | 1.9 | 10.7% |
| Total | 19.0 | 23.7 | 30.6 | 38.4 | 26.4% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Bulgaria in 2022:
- Turkey (4787.1 tons)
- Hungary (534.3 tons)
- Belgium (365.1 tons)
- Italy (280.4 tons)
- Germany (249.4 tons)
- Greece (126.9 tons)
- China (67.8 tons)
- Romania (51.9 tons)
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