Bulgaria: Hot-Dipped Metal-Coated Sheet Market 2024

Hot-Dipped Metal-Coated Sheet Market Size in Bulgaria

In 2022, the Bulgarian hot-dipped metal-coated sheet market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Hot-dipped metal-coated sheet consumption peaked in 2022 and is expected to retain growth in the near future.

Hot-Dipped Metal-Coated Sheet Exports

Exports from Bulgaria

In 2022, the amount of hot-dipped metal-coated sheet exported from Bulgaria reduced markedly to X tons, with a decrease of X% on the previous year. In general, exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted markedly in the following year.

In value terms, hot-dipped metal-coated sheet exports contracted notably to $X in 2022. Over the period under review, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X tons) was the main destination for hot-dipped metal-coated sheet exports from Bulgaria, with a X% share of total exports. Moreover, hot-dipped metal-coated sheet exports to Romania exceeded the volume sent to the second major destination, North Macedonia (X tons), tenfold. The third position in this ranking was taken by Slovenia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Slovenia (X% per year).

In value terms, Romania ($X) remains the key foreign market for hot-dipped metal-coated sheet exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports. It was followed by North Macedonia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and North Macedonia (X% per year).

Export Prices by Country

In 2022, the average hot-dipped metal-coated sheet export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, recorded a perceptible descent. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Greece ($X 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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hot-Dipped Metal-Coated Sheet Imports

Imports into Bulgaria

After three years of decline, overseas purchases of hot-dipped metal-coated sheet increased by X% to X tons in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, hot-dipped metal-coated sheet imports totaled $X in 2022. In general, imports posted a prominent increase. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Turkey (X tons) constituted the largest hot-dipped metal-coated sheet supplier to Bulgaria, accounting for a X% share of total imports. Moreover, hot-dipped metal-coated sheet imports from Turkey exceeded the figures recorded by the second-largest supplier, Romania (X tons), threefold. North Macedonia (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, Turkey ($X) constituted the largest supplier of hot-dipped metal-coated sheet to Bulgaria, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with a X% share of total imports. It was followed by North Macedonia, with an X% share.

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

Import Prices by Country

The average hot-dipped metal-coated sheet import price stood at $X per ton in 2022, rising by X% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-dipped metal-coated sheet import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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