Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria - 2023

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria (CIF) - 2023
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria (FOB) - 2023
  3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria
  4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria (CIF) - 2023

In November 2023, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $3,790 per ton, dropping by -9.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 23% m-o-m. The import price peaked at $5,105 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($4,708 per ton), while the price for Oman ($2,796 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Egypt (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria (FOB) - 2023

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,289 per ton in November 2023, remaining relatively unchanged against the previous month. Overall, the export price recorded a mild setback. The growth pace was the most rapid in September 2023 when the average export price increased by 2.4% month-to-month. The export price peaked at $4,069 per ton in December 2022; however, from January 2023 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In November 2023, the country with the highest price was North Macedonia ($3,878 per ton), while the average price for exports to the United States amounted to $3,324 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-1.1%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria

In 2022, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Bulgaria surged to 14K tons, growing by 48% against the previous year's figure. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 128%. As a result, imports attained the peak of 15K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $64M in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 81%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
OmanN/AN/A0.214.47100.0%
Poland4.63.47.712.037.7%
Germany8.58.710.610.57.3%
China1.10.30.24.964.5%
Romania2.63.42.94.620.9%
Italy0.51.12.94.4106.5%
EgyptN/AN/A1.03.6260.0%
Turkey0.61.76.63.478.3%
Greece1.718.81.32.818.1%
Others2.22.13.43.010.9%
Total21.839.436.863.542.8%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Bulgaria in 2022:

  1. Oman (4.1K tons)
  2. Poland (2.5K tons)
  3. Germany (2.2K tons)
  4. China (1.0K tons)
  5. Egypt (0.9K tons)
  6. Romania (0.8K tons)
  7. Italy (0.8K tons)
  8. Turkey (0.7K tons)
  9. Greece (0.7K tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria

After three years of growth, overseas shipments of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -47.8% to 13K tons in 2022. In general, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, the exports reached the peak of 25K tons, and then shrank dramatically in the following year.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s declined remarkably to $63M in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 115% against the previous year. As a result, the exports attained the peak of $80M, and then shrank significantly in the following year.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.86.314.517.024.5%
United StatesN/A1.716.516.7213.4%
Spain4.76.18.86.310.3%
Poland6.29.613.34.7-8.8%
Germany3.32.36.14.28.4%
Portugal1.41.52.13.231.7%
Austria3.33.23.63.1-2.1%
Hungary2.71.94.32.0-9.5%
Others5.44.711.15.82.4%
Total35.937.380.363.120.7%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Bulgaria in 2022:

  1. Italy (3.5K tons)
  2. United States (3.2K tons)
  3. Spain (1.3K tons)
  4. Poland (1.1K tons)
  5. Germany (0.9K tons)
  6. Portugal (0.7K tons)
  7. Austria (0.6K tons)
  8. Hungary (0.4K tons)

Source: IndexBox Market Intelligence Platform

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