Price for Steel, Stainless; Angles, Shapes and Sections in Bulgaria - 2023
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Bulgaria (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Bulgaria (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Bulgaria
- Exports of Steel, Stainless; Angles, Shapes and Sections in Bulgaria
Price for Steel, Stainless; Angles, Shapes and Sections in Bulgaria (CIF) - 2022
In 2022, the average import price for steel, stainless amounted to $5,665 per ton, jumping by 16% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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, stainless increased by +134.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 102%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,537 per ton), while the price for Romania ($1,661 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Angles, Shapes and Sections in Bulgaria (FOB) - 2022
The average export price for steel, stainless stood at $3,280 per ton in 2022, with an increase of 210% against the previous year. Over the period under review, the export price saw a mild expansion. The export price peaked at $4,992 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($18,091 per ton), while the average price for exports to Italy ($900 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 Switzerland (+38.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Angles, Shapes and Sections in Bulgaria
In 2022, supplies from abroad of steel, stainless decreased by -20.4% to 412 tons, falling for the second consecutive year after two years of growth. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 108%. As a result, imports attained the peak of 682 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless reduced to $2.3M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 51%.
| Import of Steel, Stainless; Angles, Shapes and Sections in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 368 | 434 | 530 | 727 | 25.5% |
| Poland | 226 | 243 | 408 | 519 | 31.9% |
| Turkey | 222 | 287 | 359 | 383 | 19.9% |
| India | 108 | 137 | 182 | 205 | 23.8% |
| Germany | 91.9 | 67.2 | 186 | 182 | 25.6% |
| Italy | 171 | 353 | 370 | 153 | -3.6% |
| Romania | 26.8 | 242 | 104 | 87.4 | 48.3% |
| Others | 175 | 330 | 374 | 73.6 | -25.1% |
| Total | 1,388 | 2,092 | 2,512 | 2,330 | 18.8% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Bulgaria in 2022:
- Netherlands (103.3 tons)
- Turkey (71.6 tons)
- Poland (71.2 tons)
- India (56.5 tons)
- Romania (52.6 tons)
- Italy (27.9 tons)
- Germany (19.1 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Bulgaria
In 2022, shipments abroad of steel, stainless decreased by -90.6% to 36 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 536% against the previous year. As a result, the exports attained the peak of 700 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of steel, stainless shrank significantly to $107K in 2022. Overall, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 106%. As a result, the exports reached the peak of $571K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Steel, Stainless; Angles, Shapes and Sections in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 24.9 | 0% |
| Romania | 9.7 | 4.9 | 7.9 | 24.0 | 35.3% |
| North Macedonia | 19.1 | 18.0 | 35.3 | 15.8 | -6.1% |
| Italy | 1.0 | 517 | 266 | 14.9 | 146.1% |
| Turkey | N/A | N/A | N/A | 9.5 | 0% |
| Greece | 0.6 | 0.3 | 17.4 | 6.8 | 124.6% |
| Croatia | N/A | 1.2 | 32.3 | 3.0 | 58.1% |
| Germany | 198 | 0.6 | 0.5 | 0.1 | -92.0% |
| Oman | 38.8 | 19.3 | 30.1 | N/A | -11.9% |
| Others | 9.5 | 9.4 | 12.0 | 8.1 | -5.2% |
| Total | 277 | 571 | 402 | 107 | -27.2% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Bulgaria in 2022:
- Italy (16.6 tons)
- Romania (6.4 tons)
- Turkey (6.2 tons)
- North Macedonia (3.1 tons)
- Switzerland (1.4 tons)
- Croatia (0.7 tons)
- Greece (0.6 tons)
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