Price for Chain and Parts Thereof, of Iron or Steel in Bulgaria - 2023
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in Bulgaria (CIF) - 2022
- Price for Chain and Parts Thereof, of Iron or Steel in Bulgaria (FOB) - 2022
- Imports of Chain and Parts Thereof, of Iron or Steel in Bulgaria
- Exports of Chain and Parts Thereof, of Iron or Steel in Bulgaria
Price for Chain and Parts Thereof, of Iron or Steel in Bulgaria (CIF) - 2022
The average import price for chain and parts thereof, of iron or steel stood at $7,521 per ton in 2022, increasing by 6.7% against the previous year. In general, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($29,541 per ton), while the price for Turkey ($2,490 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain and Parts Thereof, of Iron or Steel in Bulgaria (FOB) - 2022
The average export price for chain and parts thereof, of iron or steel stood at $6,931 per ton in 2022, reducing by -2.4% against the previous year. In general, the export price, however, saw a resilient increase. The growth pace was the most rapid in 2016 when the average export price increased by 120% against the previous year. The export price peaked at $7,100 per ton in 2021, and then shrank modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($12,844 per ton), while the average price for exports to Bosnia and Herzegovina ($3,175 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 Serbia (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain and Parts Thereof, of Iron or Steel in Bulgaria
In 2022, imports of chain and parts thereof, of iron or steel into Bulgaria soared to 2.1K tons, jumping by 35% compared with 2021 figures. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of chain and parts thereof, of iron or steel soared to $16M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chain and Parts Thereof, of Iron or Steel in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,213 | 1,763 | 2,582 | 4,708 | 28.6% |
| Germany | 1,660 | 1,431 | 2,493 | 3,438 | 27.5% |
| Taiwan (Chinese) | 1,115 | 1,392 | 1,625 | 1,495 | 10.3% |
| Italy | 678 | 488 | 685 | 1,250 | 22.6% |
| Japan | 217 | 298 | 819 | 1,025 | 67.8% |
| France | 59.7 | 45.0 | 76.2 | 568 | 111.9% |
| Turkey | 283 | 336 | 292 | 519 | 22.4% |
| Poland | 36.9 | 199 | 274 | 348 | 111.3% |
| Greece | 29.2 | 124 | 205 | 151 | 72.9% |
| Others | 1,422 | 1,523 | 1,692 | 2,043 | 12.8% |
| Total | 7,714 | 7,598 | 10,744 | 15,544 | 26.3% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Bulgaria in 2022:
- China (1039.8 tons)
- Germany (276.1 tons)
- Turkey (208.4 tons)
- Italy (92.5 tons)
- France (76.4 tons)
- Taiwan (Chinese) (64.0 tons)
- Greece (54.8 tons)
- Poland (51.9 tons)
- Japan (34.7 tons)
Exports of Chain and Parts Thereof, of Iron or Steel in Bulgaria
In 2022, the amount of chain and parts thereof, of iron or steel exported from Bulgaria soared to 322 tons, growing by 31% compared with the previous year's figure. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 87%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of chain and parts thereof, of iron or steel surged to $2.2M in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 98%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Chain and Parts Thereof, of Iron or Steel in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 155 | 146 | 390 | 914 | 80.7% |
| Italy | 520 | 302 | 501 | 682 | 9.5% |
| France | 71.5 | 109 | 218 | 209 | 43.0% |
| Greece | 134 | 95.1 | 128 | 128 | -1.5% |
| Serbia | 72.3 | 49.0 | 85.2 | 70.3 | -0.9% |
| North Macedonia | 28.6 | 11.6 | 8.9 | 47.1 | 18.1% |
| Romania | 55.5 | 52.8 | 34.4 | 37.1 | -12.6% |
| Others | 196 | 127 | 401 | 149 | -8.7% |
| Total | 1,233 | 893 | 1,767 | 2,237 | 22.0% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Bulgaria in 2022:
- Turkey (204.6 tons)
- Italy (53.1 tons)
- Greece (23.8 tons)
- Romania (10.5 tons)
- North Macedonia (7.5 tons)
- Serbia (6.3 tons)
- France (4.0 tons)
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