Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bulgaria - 2023

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bulgaria (CIF) - 2023
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bulgaria (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bulgaria
4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bulgaria

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bulgaria (CIF) - 2023

In September 2023, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $2,373 per ton, falling by -17.7% against the previous month. Overall, the import price recorded a mild decrease. The pace of growth was the most pronounced in August 2023 an increase of 49% m-o-m. As a result, import price reached the peak level of $2,883 per ton, and then declined dramatically in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Serbia ($3,653 per ton), while the price for Turkey amounted to $1,517 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Romania (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bulgaria (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $2,584 per ton, with a decrease of -17.5% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alloy steel flat-rolled products, of a width of less than 600mms increased by +76.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 114% against the previous year. Over the period under review, the average export prices hit record highs at $3,221 per ton in 2013; however, from 2014 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 India ($11,417 per ton), while the average price for exports to Austria ($1,733 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 India (+46.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bulgaria

Imports of alloy steel flat-rolled products, of a width of less than 600mms into Bulgaria expanded to 3.1K tons in 2022, increasing by 4% on the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms rose rapidly to $7.7M in 2022. The total import value increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 26%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Bulgaria in 2022:

1. Turkey (938.6 tons)
2. Germany (443.6 tons)
3. Sweden (425.9 tons)
4. Serbia (356.1 tons)
5. Romania (286.8 tons)
6. Netherlands (115.0 tons)
7. Poland (99.8 tons)
8. Austria (99.1 tons)
9. Slovakia (92.1 tons)
10. Czech Republic (73.5 tons)
11. Greece (58.3 tons)
12. Italy (52.9 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bulgaria

Exports of alloy steel flat-rolled products, of a width of less than 600mms from Bulgaria rose slightly to 66 tons in 2022, growing by 3.6% against 2021 figures. In general, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms shrank to $170K in 2022. Over the period under review, exports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 146%. As a result, the exports reached the peak of $199K, and then reduced in the following year.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Bulgaria in 2022:

1. Serbia (24.2 tons)
2. Iran (21.1 tons)
3. Greece (14.0 tons)
4. Ukraine (2.5 tons)
5. Austria (2.1 tons)
6. North Macedonia (1.0 tons)

Source: IndexBox Market Intelligence Platform