Price for Steel, Alloy; Ingots and Other Primary Forms in Bulgaria - 2023
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Bulgaria (CIF) - 2022
- Price for Steel, Alloy; Ingots and Other Primary Forms in Bulgaria (FOB) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Bulgaria
- Exports of Steel, Alloy; Ingots and Other Primary Forms in Bulgaria
Price for Steel, Alloy; Ingots and Other Primary Forms in Bulgaria (CIF) - 2022
The average import price for steel, alloy; ingots and other primary formses stood at $16,872 per ton in 2022, with an increase of 66% against the previous year. In general, the import price posted significant growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 208% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +15.7% per year.
Price for Steel, Alloy; Ingots and Other Primary Forms in Bulgaria (FOB) - 2022
In 2022, the average export price for steel, alloy; ingots and other primary formses amounted to $792 per ton, with a decrease of -29.8% against the previous year. In general, the export price saw a perceptible decrease. The growth pace was the most rapid in 2019 when the average export price increased by 23%. Over the period under review, the average export prices attained the peak figure at $1,129 per ton in 2021, and then contracted sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +6.7% per year.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Bulgaria
After two years of decline, purchases abroad of steel, alloy; ingots and other primary formses increased by 166% to 9.8 tons in 2022. Over the period under review, imports, however, showed a abrupt decline.
In value terms, imports of steel, alloy; ingots and other primary formses surged to $166K in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.8 | 6.2 | 37.5 | 159 | 103.7% |
| Austria | 16.2 | N/A | N/A | N/A | 0% |
| China | N/A | 37.3 | N/A | N/A | 0% |
| Others | 1.2 | 2.7 | N/A | 7.2 | 81.7% |
| Total | 36.2 | 46.1 | 37.5 | 166 | 66.1% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Bulgaria in 2022:
- Germany (9.7 tons)
Exports of Steel, Alloy; Ingots and Other Primary Forms in Bulgaria
In 2022, the amount of steel, alloy; ingots and other primary formses exported from Bulgaria skyrocketed to 86 tons, surging by 501% compared with the previous year. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 8,851% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of steel, alloy; ingots and other primary formses soared to $68K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 9,399% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Steel, Alloy; Ingots and Other Primary Forms in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 68.0 | 0% |
| Italy | N/A | 18.6 | 16.1 | N/A | -13.4% |
| Others | 0.2 | 0.5 | N/A | N/A | 150.0% |
| Total | 0.2 | 19.1 | 16.1 | 68.0 | 598.0% |
Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from Bulgaria in 2022:
- Turkey (85.8 tons)
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