Price for Metals; Silver, Unwrought, (But Not Powder) in Bulgaria - 2023

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Bulgaria (CIF) - 2022
  2. Price for Metals; Silver, Unwrought, (But Not Powder) in Bulgaria (FOB) - 2022
  3. Imports of Metals; Silver, Unwrought, (But Not Powder) in Bulgaria
  4. Exports of Metals; Silver, Unwrought, (But Not Powder) in Bulgaria

Price for Metals; Silver, Unwrought, (But Not Powder) in Bulgaria (CIF) - 2022

The average import price for metals; silver, unwrought, (but not powder) stood at $798,218 per ton in 2022, with an increase of 6.5% against the previous year. In general, the import price posted a strong increase. The growth pace was the most rapid in 2018 an increase of 45%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($843,171 per ton) and Turkey ($739,620 per ton), while the price for the UK ($707,205 per ton) and Germany ($731,910 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metals; Silver, Unwrought, (But Not Powder) in Bulgaria (FOB) - 2022

In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $930,663 per ton, growing by 8.5% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 58% against the previous year. The export price peaked at $1,004,281 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($1,417,034 per ton), while the average price for exports to Romania ($776,089 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 Romania (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Metals; Silver, Unwrought, (But Not Powder) in Bulgaria

Imports of metals; silver, unwrought, (but not powder) into Bulgaria soared to 16 tons in 2022, growing by 106% on the year before. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 300%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of metals; silver, unwrought, (but not powder) soared to $12M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 441%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Metals; Silver, Unwrought, (But Not Powder) in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A2.58.0220.0%
Germany0.22.02.73.0146.6%
EstoniaN/A0.10.50.7164.6%
United KingdomN/AN/AN/A0.50%
Others0.2N/AN/A0.314.5%
Total0.42.25.612.4214.1%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Bulgaria in 2022:

  1. Italy (9.4 tons)
  2. Germany (4.1 tons)
  3. Estonia (0.9 tons)
  4. United Kingdom (0.7 tons)

Exports of Metals; Silver, Unwrought, (But Not Powder) in Bulgaria

Exports of metals; silver, unwrought, (but not powder) from Bulgaria rose slightly to 2.8 tons in 2022, with an increase of 2.7% against 2021 figures. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 5,531%. As a result, the exports attained the peak of 4.7 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of metals; silver, unwrought, (but not powder) totaled $2.6M in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 8,796% against the previous year. As a result, the exports attained the peak of $3.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Metals; Silver, Unwrought, (But Not Powder) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A47.920.41,319424.8%
United StatesN/AN/A7.67389610.5%
CanadaN/AN/A1.027727600.0%
SerbiaN/AN/AN/A2470%
RomaniaN/AN/A36.434.9-4.1%
GreeceN/AN/A584N/A0%
Turkey38.73,3941,694N/A561.6%
OthersN/AN/A7.84.9-37.2%
Total38.73,4422,3512,621307.6%

Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Bulgaria in 2022:

  1. Italy (1319.0 kg)
  2. United States (930.0 kg)
  3. Canada (343.0 kg)
  4. Serbia (174.0 kg)
  5. Romania (45.0 kg)

Source: IndexBox Market Intelligence Platform

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