Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria - 2023
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria (CIF) - 2023
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria (FOB) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria
- Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria (CIF) - 2023
The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $3,845 per ton in August 2023, approximately mirroring the previous month. Overall, the import price saw a noticeable descent. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 59% month-to-month. As a result, import price reached the peak level of $6,047 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From December 2022 to August 2023, the rate of growth in terms of prices for the UK amounted to +2.8% per month.
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria (FOB) - 2022
The average export price for stainless steel; flat-rolled products of width less than 600mms stood at $4,555 per ton in 2022, dropping by -13.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 113%. The export price peaked at $6,682 per ton in 2017; however, from 2018 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 Germany ($19,465 per ton), while the average price for exports to Italy ($2,279 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 Ukraine (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria
Imports of stainless steel; flat-rolled products of width less than 600mms into Bulgaria skyrocketed to 3K tons in 2022, increasing by 17% against the previous year's figure. In general, imports, however, saw a slight slump.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms soared to $11M in 2022. Overall, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,979 | 3,663 | 3,212 | 4,033 | 26.8% |
| Italy | 2,598 | 278 | 427 | 1,731 | -12.7% |
| Turkey | 958 | 527 | 2,048 | 1,701 | 21.1% |
| China | 9.2 | 20.4 | 710 | 1,314 | 422.7% |
| Hungary | 2.6 | 26.1 | 426 | 720 | 551.8% |
| Netherlands | 4.6 | 1.1 | 538 | 666 | 425.1% |
| South Korea | 303 | 87.8 | 154 | 593 | 25.1% |
| Finland | 275 | 145 | 49.5 | N/A | -57.6% |
| Others | 1,147 | 1,013 | 496 | 722 | -14.3% |
| Total | 7,277 | 5,761 | 8,059 | 11,481 | 16.4% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Bulgaria in 2022:
- Germany (1260.0 tons)
- Turkey (427.5 tons)
- Italy (426.0 tons)
- Hungary (304.2 tons)
- China (222.0 tons)
- Netherlands (138.0 tons)
- South Korea (81.6 tons)
Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria
After two years of decline, overseas shipments of stainless steel; flat-rolled products of width less than 600mms increased by 147% to 61 tons in 2022. In general, exports, however, continue to indicate a deep setback.
In value terms, exports of stainless steel; flat-rolled products of width less than 600mms skyrocketed to $278K in 2022. Over the period under review, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.4 | N/A | 59.8 | 113 | 175.6% |
| Germany | 6.3 | 0.3 | N/A | 81.1 | 134.4% |
| Italy | 135 | 66.2 | N/A | 50.5 | -27.9% |
| North Macedonia | 32.2 | 26.0 | 28.1 | 26.0 | -6.9% |
| France | 5.3 | 5.0 | 22.2 | N/A | 104.7% |
| Romania | 35.8 | 101 | N/A | N/A | 182.1% |
| Others | 15.3 | 7.9 | 20.6 | 6.6 | -24.4% |
| Total | 235 | 207 | 131 | 278 | 5.8% |
Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Bulgaria in 2022:
- Turkey (28.8 tons)
- Italy (22.2 tons)
- North Macedonia (4.9 tons)
- Germany (4.2 tons)
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