Bulgaria - Copper Stranded Wire, Cables And Plaited Bands - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Stranded Wire Price in Bulgaria - 2023
Contents:
- Copper Stranded Wire Price in Bulgaria (FOB) - 2023
- Copper Stranded Wire Price in Bulgaria (CIF) - 2022
- Copper Stranded Wire Exports in Bulgaria
- Copper Stranded Wire Imports in Bulgaria
Copper Stranded Wire Price in Bulgaria (FOB) - 2023
In July 2023, the average copper stranded wire export price amounted to $9,995 per ton, standing approximately at the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 7.5% against the previous month. Over the period under review, the average export prices hit record highs at $10,609 per ton in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the highest price was recorded for prices to Finland ($10,671 per ton) and Hungary ($10,087 per ton), while the average price for exports to Slovakia ($9,775 per ton) and Turkey ($9,863 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Stranded Wire Price in Bulgaria (CIF) - 2022
In 2022, the average copper stranded wire import price amounted to $9,929 per ton, surging by 6.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 39%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($15,888 per ton), while the price for Uzbekistan ($8,585 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Copper Stranded Wire Exports in Bulgaria
In 2022, the amount of copper stranded wire, cables and plaited bands exported from Bulgaria expanded significantly to 8.1K tons, picking up by 14% on the previous year. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 767% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, copper stranded wire exports surged to $87M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 861%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Copper Stranded Wire in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | 12.9 | 38.3 | 36.7 | 68.7% |
Germany | N/A | N/A | 9.1 | 19.8 | 117.6% |
Romania | N/A | 2.7 | 14.3 | 13.6 | 124.4% |
Turkey | 0.9 | 10.6 | 3.9 | 5.5 | 82.8% |
Hungary | N/A | N/A | 0.4 | 3.1 | 675.0% |
Finland | N/A | N/A | 1.1 | 2.4 | 118.2% |
Spain | N/A | 0.9 | 2.5 | 1.7 | 37.4% |
North Macedonia | 2.2 | N/A | 0.2 | 0.2 | -55.0% |
Others | N/A | 3.8 | 1.2 | 3.6 | -2.7% |
Total | 3.2 | 31.0 | 70.9 | 86.7 | 200.3% |
Top Export Markets for Copper Stranded Wire from Bulgaria in 2022:
- Italy (3461.3 tons)
- Germany (1866.5 tons)
- Romania (1282.1 tons)
- Turkey (498.9 tons)
- Hungary (281.1 tons)
- Finland (216.4 tons)
- Spain (149.8 tons)
- North Macedonia (22.6 tons)
Copper Stranded Wire Imports in Bulgaria
In 2022, approx. 2.4K tons of copper stranded wire, cables and plaited bands were imported into Bulgaria; increasing by 25% on 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% 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 +78.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, copper stranded wire imports soared to $23M in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 98% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Copper Stranded Wire in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 7.1 | 5.0 | 12.8 | 18.2 | 36.9% |
Spain | 2.3 | 3.1 | 3.0 | 2.4 | 1.4% |
Germany | 0.2 | 0.2 | 0.9 | 1.2 | 81.7% |
Uzbekistan | N/A | N/A | N/A | 0.6 | 0% |
Others | 0.5 | 0.5 | 0.9 | 1.1 | 30.1% |
Total | 10.1 | 8.9 | 17.6 | 23.5 | 32.5% |
Top Suppliers of Copper Stranded Wire to Bulgaria in 2022:
- Turkey (1931.5 tons)
- Spain (237.1 tons)
- Germany (76.0 tons)
- Uzbekistan (65.9 tons)
This report provides an in-depth analysis of the copper stranded wire market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931250 - Copper stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric wire and cables
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the copper stranded wire market in Bulgaria.
This report provides an in-depth analysis of the stranded wire market in Bulgaria.
This report provides an in-depth analysis of the global copper stranded wire market.
This report provides an in-depth analysis of the global stranded wire market.
This report provides an in-depth analysis of the copper stranded wire market in Bulgaria.
This report provides an in-depth analysis of the global copper stranded wire market.
Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...