Price for Railway or Tramway Track Constructions of Iron or Steel in Bulgaria - 2023

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Bulgaria (CIF) - 2022
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Bulgaria (FOB) - 2023
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Bulgaria
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Bulgaria

Price for Railway or Tramway Track Constructions of Iron or Steel in Bulgaria (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,045 per ton in 2022, waning by -16.9% against the previous year. Overall, the import price saw a mild setback. The pace of growth was the most pronounced in 2015 an increase of 74%. As a result, import price reached the peak level of $1,564 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Ukraine ($7,552 per ton), while the price for Poland ($769 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Bulgaria (FOB) - 2023

The average export price for railway or tramway track constructions of iron or steel stood at $4,671 per ton in December 2023, rising by 22% against the previous month. Over the period under review, the export price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in May 2023 an increase of 76% against the previous month. As a result, the export price reached the peak level of $10,601 per ton. From June 2023 to December 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Austria ($6,741 per ton), while the average price for exports to Serbia ($3,495 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Bulgaria

In 2022, supplies from abroad of railway or tramway track constructions of iron or steel decreased by -4.1% to 16K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 30%.

In value terms, imports of railway or tramway track constructions of iron or steel shrank notably to $16M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 32%.

Import of Railway or Tramway Track Constructions of Iron or Steel in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.24.98.56.039.7%
Italy0.20.2N/A4.5182.3%
Austria2.73.53.23.48.0%
Romania0.82.21.91.317.6%
Turkey2.92.10.60.6-40.9%
Czech Republic1.82.25.50.2-51.9%
Others1.10.50.70.4-28.6%
Total11.815.520.416.311.4%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Bulgaria in 2022:

  1. Poland (7.8K tons)
  2. Italy (4.5K tons)
  3. Austria (2.5K tons)
  4. Turkey (0.3K tons)
  5. Romania (0.2K tons)
  6. Czech Republic (0.1K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Bulgaria

Exports of railway or tramway track constructions of iron or steel from Bulgaria contracted significantly to 609 tons in 2022, reducing by -51% against the previous year's figure. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 1.6%.

In value terms, exports of railway or tramway track constructions of iron or steel reduced notably to $3M in 2022. Over the period under review, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 5.8%.

Export of Railway or Tramway Track Constructions of Iron or Steel in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2,0411,8051,9241,739-5.2%
Spain4894534635131.6%
Italy46436144.4405-4.4%
FranceN/AN/A13499.9-25.4%
Romania71852.695.887.2-50.5%
United KingdomN/A103N/A41.3-36.7%
North Macedonia44927010538.5-55.9%
Poland447N/AN/AN/A0%
IranN/AN/A659N/A0%
Turkey81641.8N/AN/A-94.9%
Others64427413150.7-57.1%
Total6,0673,3623,5572,975-21.1%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Bulgaria in 2022:

  1. Austria (316.4 tons)
  2. United Kingdom (77.8 tons)
  3. Italy (69.8 tons)
  4. Spain (57.3 tons)
  5. Romania (32.3 tons)
  6. France (29.3 tons)
  7. North Macedonia (11.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - Bulgaria