Bulgaria: Market for Aluminium Casks, Drums, Cans, Boxes and Similar Containers 2024

Market Size for Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Bulgaria

The Bulgarian market for aluminium casks, drums, cans, boxes and similar containers was estimated at $X in 2022, picking up by X% against the previous year. In general, consumption recorded a remarkable increase. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Bulgaria

In value terms, production of aluminium casks, drums, cans, boxes and similar containers expanded to $X in 2022 estimated in export price. Overall, production saw a resilient expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Production of peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers

Exports from Bulgaria

In 2022, the amount of aluminium casks, drums, cans, boxes and similar containers exported from Bulgaria dropped to X units, waning by X% against 2021. Overall, exports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers surged to $X in 2022. In general, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X units) was the main destination for exports of aluminium casks, drums, cans, boxes and similar containers from Bulgaria, with a X% share of total exports. Moreover, exports of aluminium casks, drums, cans, boxes and similar containers to Greece exceeded the volume sent to the second major destination, Albania (X units), fivefold. The third position in this ranking was taken by Australia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Greece totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and Australia (X% per year).

In value terms, Greece ($X) emerged as the key foreign market for aluminium casks, drums, cans, boxes and similar containers exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Greece stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Armenia (X% per year).

Export Prices by Country

In 2022, the average export price for aluminium casks, drums, cans, boxes and similar containers amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price showed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Australia ($X per unit), while the average price for exports to Albania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers

Imports into Bulgaria

In 2022, imports of aluminium casks, drums, cans, boxes and similar containers into Bulgaria skyrocketed to X units, increasing by X% against the year before. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers skyrocketed to $X in 2022. In general, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Serbia (X units) constituted the largest supplier of aluminium cask, drum, can, box and similar container to Bulgaria, accounting for a X% share of total imports. Moreover, imports of aluminium casks, drums, cans, boxes and similar containers from Serbia exceeded the figures recorded by the second-largest supplier, Romania (X units), eightfold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Serbia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (X% per year) and Germany (X% per year).

In value terms, Serbia ($X) constituted the largest supplier of aluminium casks, drums, cans, boxes and similar containers to Bulgaria, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Serbia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (X% per year) and Germany (X% per year).

Import Prices by Country

The average import price for aluminium casks, drums, cans, boxes and similar containers stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :