Price for Wire of Other Alloy Steel in Bulgaria - 2023
Contents:
- Price for Wire of Other Alloy Steel in Bulgaria (CIF) - 2023
- Price for Wire of Other Alloy Steel in Bulgaria (FOB) - 2022
- Imports of Wire of Other Alloy Steel in Bulgaria
- Exports of Wire of Other Alloy Steel in Bulgaria
Price for Wire of Other Alloy Steel in Bulgaria (CIF) - 2023
In August 2023, the average import price for wire of other alloy steels amounted to $1,418 per ton, waning by -6.9% against the previous month. Over the period under review, the import price recorded a mild slump. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 16% against the previous month. As a result, import price attained the peak level of $1,745 per ton. From February 2023 to August 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was China ($1,142 per ton), while the price for Serbia ($1,007 per ton) was amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wire of Other Alloy Steel in Bulgaria (FOB) - 2022
In 2022, the average export price for wire of other alloy steels amounted to $1,563 per ton, growing by 15% against the previous year. Over the period under review, the export price enjoyed notable growth. The growth pace was the most rapid in 2017 when the average export price increased by 156% against the previous year. Over the period under review, the average export prices attained the maximum at $7,566 per ton in 2018; however, from 2019 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 ($2,532 per ton), while the average price for exports to Greece ($1,321 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 Turkey (+14.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wire of Other Alloy Steel in Bulgaria
After three years of growth, overseas purchases of wire of other alloy steels decreased by -11.3% to 10K tons in 2022. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 41% against the previous year.
In value terms, wire of other alloy steel imports amounted to $16M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.3% 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 +69.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Wire of Other Alloy Steel in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.0 | 6.8 | 8.1 | 8.9 | 21.2% |
| Czech Republic | 2.4 | 2.1 | 2.6 | 2.5 | 1.4% |
| Germany | 0.6 | 0.6 | 1.0 | 1.1 | 22.4% |
| China | 0.7 | 0.7 | 1.0 | 1.1 | 16.3% |
| Italy | 0.2 | 0.2 | 0.7 | 0.9 | 65.1% |
| Romania | 0.1 | 0.3 | 0.5 | 0.5 | 71.0% |
| Russia | N/A | 0.5 | 0.4 | 0.1 | -55.3% |
| Others | 0.6 | 0.7 | 1.3 | 1.1 | 22.4% |
| Total | 9.5 | 11.9 | 15.5 | 16.2 | 19.5% |
Top Suppliers of Wire of Other Alloy Steel to Bulgaria in 2022:
- Turkey (7.2K tons)
- Czech Republic (1.1K tons)
- China (0.7K tons)
- Italy (0.4K tons)
- Germany (0.4K tons)
- Romania (0.2K tons)
- Russia (0.1K tons)
Exports of Wire of Other Alloy Steel in Bulgaria
In 2022, exports of wire of other alloy steels from Bulgaria amounted to 149 tons, with an increase of 13% compared with 2021 figures. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 343% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, wire of other alloy steel exports surged to $233K in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 480%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Wire of Other Alloy Steel in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 5.0 | 0.6 | 127 | 95.0 | 166.8% |
| Turkey | 20.0 | 12.8 | N/A | 59.8 | 44.1% |
| Greece | 18.9 | 2.2 | 2.1 | 31.7 | 18.8% |
| Algeria | N/A | N/A | N/A | 29.1 | 0% |
| Germany | 13.1 | N/A | 0.8 | 10.9 | -5.9% |
| Bosnia and Herzegovina | 20.3 | N/A | N/A | N/A | 0% |
| Kosovo | N/A | 5.5 | N/A | N/A | 0% |
| Iran | N/A | 6.8 | 47.9 | N/A | 604.4% |
| Others | 25.0 | 2.9 | 0.3 | 6.8 | -35.2% |
| Total | 102 | 30.8 | 178 | 233 | 31.7% |
Top Export Markets for Wire of Other Alloy Steel from Bulgaria in 2022:
- Romania (71.8 tons)
- Greece (24.0 tons)
- Turkey (23.6 tons)
- Algeria (20.3 tons)
- Germany (7.5 tons)
508
This report provides an in-depth analysis of the market for iron and steel wire in Bulgaria.
324
This report provides an in-depth analysis of the market for iron and steel wire in Bulgaria.
1944
This report provides an in-depth analysis of the global market for iron and steel wire.
537
This report provides an in-depth analysis of the global market for iron and steel wire.
851
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1515
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
1009
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1237
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
679
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
942
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3545
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
764
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
271
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
231
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
