Price for Copper; Refined, Unwrought, Billets in Bulgaria - 2023

Contents:

  1. Price for Copper; Refined, Unwrought, Billets in Bulgaria (CIF) - 2022
  2. Price for Copper; Refined, Unwrought, Billets in Bulgaria (FOB) - 2022
  3. Imports of Copper; Refined, Unwrought, Billets in Bulgaria
  4. Exports of Copper; Refined, Unwrought, Billets in Bulgaria

Price for Copper; Refined, Unwrought, Billets in Bulgaria (CIF) - 2022

In 2022, the average copper; refined, unwrought, billets import price amounted to $9,236 per ton, declining by -6.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 62% against the previous year. The import price peaked at $9,844 per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($10,035 per ton), while the price for Greece ($8,941 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Refined, Unwrought, Billets in Bulgaria (FOB) - 2022

The average copper; refined, unwrought, billets export price stood at $84,986 per ton in 2021, rising by 395% against the previous year. Overall, the export price enjoyed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2014 to 2021, the rate of growth in terms of prices for Greece amounted to +15.9% per year.

Imports of Copper; Refined, Unwrought, Billets in Bulgaria

In 2022, supplies from abroad of copper; refined, unwrought, billetses decreased by -46.1% to 287 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 362% against the previous year. As a result, imports reached the peak of 928 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, copper; refined, unwrought, billets imports dropped remarkably to $2.6M in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 417% against the previous year. As a result, imports reached the peak of $6.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Copper; Refined, Unwrought, Billets in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.04.33.31.411.9%
Austria0.30.41.30.732.6%
GreeceN/AN/A0.70.6-14.3%
FinlandN/A2.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.36.85.22.626.0%

Top Suppliers of Copper; Refined, Unwrought, Billets to Bulgaria in 2022:

  1. Germany (154.1 tons)
  2. Greece (66.9 tons)
  3. Austria (65.8 tons)

Exports of Copper; Refined, Unwrought, Billets in Bulgaria

In 2021, the amount of copper; refined, unwrought, billetses exported from Bulgaria plummeted to 69 kg, which is down by -85.9% against 2020. In general, exports faced a sharp curtailment.

In value terms, copper; refined, unwrought, billets exports declined notably to $5.9K in 2021. Overall, exports recorded a sharp descent.

Export of Copper; Refined, Unwrought, Billets in Bulgaria (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
GermanyN/A5.90%
Greece8.4N/A0%
OthersN/AN/A0%
Total8.45.9-29.8%

Top Export Markets for Copper; Refined, Unwrought, Billets from Bulgaria in 2022:

  1. Germany (69.0 kg)

Source: IndexBox Market Intelligence Platform

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