Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria (CIF) - 2022
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $5,880 per ton in 2022, jumping by 28% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +70.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 34% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($8,459 per ton) and Germany ($6,166 per ton), while the price for the Netherlands ($5,715 per ton) and Turkey ($5,846 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria (FOB) - 2022
In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $30,250 per ton, rising by 629% against the previous year. Overall, the export price recorded a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for North Macedonia.
From 2013 to 2022, the rate of growth in terms of prices for Romania amounted to -22.9% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria
In 2022, approx. 125 tons of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were imported into Bulgaria; increasing by 4.8% compared with the previous year. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 270%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms surged to $733K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 224% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 310 | 328 | 5.8% |
| Netherlands | N/A | 148 | 204 | 260 | 32.5% |
| Turkey | 3.4 | 5.8 | 5.6 | 73.8 | 178.9% |
| Germany | 14.7 | 29.9 | 28.1 | 66.6 | 65.5% |
| United Kingdom | 38.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 4.6 | 0% |
| Total | 56.7 | 184 | 548 | 733 | 134.7% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Bulgaria in 2022:
- Spain (55.1 tons)
- Netherlands (45.6 tons)
- Turkey (12.6 tons)
- Germany (10.8 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria
In 2022, approx. 36 kg of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were exported from Bulgaria; reducing by -99.8% against the previous year. Overall, exports recorded a precipitous decrease.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms dropped remarkably to $1.1K in 2022. Over the period under review, exports faced a sharp curtailment.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| North Macedonia | N/A | 1.1 | 0% | ||
| Romania | 81.6 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 81.6 | 1.1 | -98.7% | ||
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Bulgaria in 2022:
- North Macedonia (36.0 kg)
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