Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria - 2023

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria (FOB) - 2022
  2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria (CIF) - 2022
  3. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria
  4. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria (FOB) - 2022

The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $439 per ton in 2022, picking up by 2.4% against the previous year. In general, the export price, however, showed a pronounced slump. The growth pace was the most rapid in 2021 when the average export price increased by 48%. Over the period under review, the average export prices reached the peak figure at $749 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($1,050 per ton), while the average price for exports to Greece totaled $387 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+10.1%), while the prices for the other major destinations experienced a decline.

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria (CIF) - 2022

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $5,491 per ton, rising by 44% against the previous year. Over the period under review, the import price enjoyed a mild expansion. The growth pace was the most rapid in 2019 an increase of 608%. Over the period under review, average import prices attained the peak figure at $10,746 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($15,249 per ton), while the price for Germany amounted to $4,371 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+59.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria

In 2022, the amount of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses exported from Bulgaria reduced remarkably to 77 tons, declining by -92.5% compared with 2021 figures. Overall, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 96%.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses declined notably to $34K in 2022. Over the period under review, exports faced a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 190%.

Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece1,70514940727.6-74.7%
ItalyN/AN/A29.06.4-77.9%
OthersN/A4.28.8N/A109.5%
Total1,70515344534.0-72.9%

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Bulgaria in 2022:

  1. Greece (71.4 tons)
  2. Italy (6.1 tons)

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria

In 2022, approx. 2.4 tons of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were imported into Bulgaria; waning by -67.5% against 2021 figures. Overall, imports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 18%.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses declined significantly to $13K in 2022. In general, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of $28K, and then reduced dramatically in the following year.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany20.917.320.69.3-23.7%
Czech RepublicN/A4.2N/A3.6-7.4%
Slovenia4.0N/A6.9N/A31.3%
Others1.1N/A0.30.1-55.0%
Total26.121.427.813.0-20.7%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Bulgaria in 2022:

  1. Germany (2124.0 kg)
  2. Czech Republic (237.0 kg)

Source: IndexBox Market Intelligence Platform

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