Price for Steel Alloy Wire of Silico-Manganese Steel in Bulgaria - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Bulgaria (CIF) - 2022
- Price for Steel Alloy Wire of Silico-Manganese Steel in Bulgaria (FOB) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Bulgaria
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Bulgaria
Price for Steel Alloy Wire of Silico-Manganese Steel in Bulgaria (CIF) - 2022
The average import price for steel alloy wire of silico-manganese steels stood at $1,948 per ton in 2022, increasing by 19% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel alloy wire of silico-manganese steels increased by +48.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
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 Denmark ($4,627 per ton), while the price for China ($1,526 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel Alloy Wire of Silico-Manganese Steel in Bulgaria (FOB) - 2022
The average export price for steel alloy wire of silico-manganese steels stood at $2,109 per ton in 2022, rising by 36% against the previous year. Overall, the export price posted a resilient increase. Over the period under review, the average export prices reached the peak figure at $19,202 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($3,357 per ton), while the average price for exports to Algeria ($1,435 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 (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Bulgaria
Imports of steel alloy wire of silico-manganese steels into Bulgaria expanded to 3.6K tons in 2022, growing by 3.3% against 2021 figures. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of steel alloy wire of silico-manganese steels soared to $7M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,508 | 1,319 | 1,677 | 2,501 | 18.4% |
| Czech Republic | 1,466 | 1,269 | 1,553 | 1,600 | 3.0% |
| China | 652 | 708 | 946 | 1,017 | 16.0% |
| Italy | 67.8 | 147 | 572 | 557 | 101.8% |
| Romania | 21.9 | 36.4 | 346 | 439 | 171.6% |
| Germany | 281 | 315 | 343 | 378 | 10.4% |
| Denmark | 44.7 | 107 | 193 | 342 | 97.0% |
| Others | 22.5 | 41.9 | 74.9 | 160 | 92.3% |
| Total | 4,064 | 3,942 | 5,706 | 6,993 | 19.8% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Bulgaria in 2022:
- Turkey (1373.3 tons)
- Czech Republic (820.1 tons)
- China (666.4 tons)
- Italy (270.0 tons)
- Romania (221.5 tons)
- Germany (103.5 tons)
- Denmark (73.9 tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Bulgaria
Exports of steel alloy wire of silico-manganese steels from Bulgaria skyrocketed to 42 tons in 2022, growing by 2,650% compared with the previous year's figure. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel alloy wire of silico-manganese steels surged to $89K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 55.7 | 0% |
| Algeria | N/A | N/A | N/A | 29.1 | 0% |
| Armenia | 0.7 | 0.4 | N/A | 3.9 | 77.3% |
| Greece | N/A | 2.2 | 2.1 | N/A | -4.5% |
| Others | N/A | 0.3 | 0.3 | N/A | 0.0% |
| Total | 0.7 | 2.9 | 2.4 | 88.7 | 402.3% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Bulgaria in 2022:
- Algeria (20.3 tons)
- Turkey (20.1 tons)
- Armenia (1.7 tons)
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