Metals; Platinum, Semi-Manufactured Price in Bulgaria - 2023

Contents:

1. Metals; Platinum, Semi-Manufactured Price in Bulgaria (CIF) - 2023
2. Metals; Platinum, Semi-Manufactured Price in Bulgaria (FOB) - 2022
3. Metals; Platinum, Semi-Manufactured Imports in Bulgaria
4. Metals; Platinum, Semi-Manufactured Exports in Bulgaria

Metals; Platinum, Semi-Manufactured Price in Bulgaria (CIF) - 2023

The average metals; platinum, semi-manufactured import price stood at $36.3M per ton in August 2023, remaining constant against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 18% m-o-m. As a result, import price attained the peak level of $43,529 per kg; afterwards, it flattened through to August 2023.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($39.3M per ton), while the price for Japan amounted to $35.1M per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Metals; Platinum, Semi-Manufactured Price in Bulgaria (FOB) - 2022

The average metals; platinum, semi-manufactured export price stood at $24,972,000 per ton in 2022, which is down by -2.4% against the previous year. Overall, the export price recorded a perceptible slump. The pace of growth was the most pronounced in 2019 an increase of 406%. The export price peaked at $38,170,300 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +49.1% per year.

Metals; Platinum, Semi-Manufactured Imports in Bulgaria

In 2022, purchases abroad of metals; platinum, semi-manufactureds decreased by -63.8% to 216 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 133%. As a result, imports reached the peak of 597 kg, and then fell dramatically in the following year.

In value terms, metals; platinum, semi-manufactured imports contracted rapidly to $7.5M in 2022. Overall, imports, however, showed strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 114% against the previous year. As a result, imports reached the peak of $19M, and then fell rapidly in the following year.

Top Suppliers of Metals; Platinum, Semi-Manufactured to Bulgaria in 2022:

1. Japan (181.0 kg)
2. Turkey (20.0 kg)
3. Austria (5.0 kg)
4. Germany (1.0 kg)

Metals; Platinum, Semi-Manufactured Exports in Bulgaria

After two years of decline, shipments abroad of metals; platinum, semi-manufactureds decreased by -50% to 1 kg in 2022. Overall, exports showed a dramatic shrinkage.

In value terms, metals; platinum, semi-manufactured exports fell notably to $25K in 2022. Over the period under review, exports saw a precipitous descent.

Top Export Markets for Metals; Platinum, Semi-Manufactured from Bulgaria in 2022:

1. Turkey (1.0 kg)

Source: IndexBox Market Intelligence Platform