Bulgaria - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Deformed Non-Alloy Steel Wire Rod in Bulgaria - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Bulgaria (CIF) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Bulgaria (FOB) - 2022
- Imports of Deformed Non-Alloy Steel Wire Rod in Bulgaria
- Exports of Deformed Non-Alloy Steel Wire Rod in Bulgaria
Price for Deformed Non-Alloy Steel Wire Rod in Bulgaria (CIF) - 2023
The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $671 per ton in June 2023, reducing by -5.5% against the previous month. Overall, the import price showed a pronounced decline. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 38% against the previous month. The import price peaked at $911 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Bosnia and Herzegovina ($723 per ton), while the price for Italy ($659 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 Ukraine (+4.2%), while the prices for the other major suppliers experienced a decline.
Price for Deformed Non-Alloy Steel Wire Rod in Bulgaria (FOB) - 2022
The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $885 per ton in 2022, increasing by 9.6% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, deformed non-alloy steel wire rod export price increased by +35.9% against 2018 indices. The growth pace was the most rapid in 2021 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Greece.
From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +2.6% per year.
Imports of Deformed Non-Alloy Steel Wire Rod in Bulgaria
In 2022, supplies from abroad of ribbed or other deformed wire rod of non-alloy steel was finally on the rise to reach 62K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a perceptible slump.
In value terms, deformed non-alloy steel wire rod imports soared to $57M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Deformed Non-Alloy Steel Wire Rod in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 23.6 | 24.2 | 29.0 | 28.7 | 6.7% |
| Turkey | 6.8 | 1.2 | 0.3 | 18.7 | 40.1% |
| Italy | 1.3 | 4.7 | 1.9 | 7.5 | 79.4% |
| Ukraine | 1.4 | 0.5 | 7.2 | 1.4 | 0.0% |
| Bosnia and Herzegovina | 2.1 | 1.2 | 0.4 | 0.2 | -54.3% |
| Russia | 0.6 | 1.5 | 2.0 | N/A | 82.6% |
| Others | 0.2 | 0.2 | 0.4 | 0.6 | 44.2% |
| Total | 36.0 | 33.5 | 41.3 | 57.1 | 16.6% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Bulgaria in 2022:
- Greece (31.1K tons)
- Turkey (21.6K tons)
- Italy (7.0K tons)
- Ukraine (1.6K tons)
- Bosnia and Herzegovina (0.3K tons)
Exports of Deformed Non-Alloy Steel Wire Rod in Bulgaria
In 2022, approx. 254 tons of ribbed or other deformed wire rod of non-alloy steel were exported from Bulgaria; growing by 191% against the year before. Overall, exports, however, faced a abrupt contraction.
In value terms, deformed non-alloy steel wire rod exports soared to $225K in 2022. Over the period under review, exports, however, recorded a deep slump.
| Export of Deformed Non-Alloy Steel Wire Rod in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 275 | 337 | 70.5 | 225 | -6.5% |
| Romania | N/A | 11.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 275 | 349 | 70.5 | 225 | -6.5% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Bulgaria in 2022:
- Greece (254.3 tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod 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 24106110 - Ribbed or other deformed wire rod (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
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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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