Price for Aluminium; Tubes and Pipes in Bulgaria - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in Bulgaria (FOB) - 2023
- Price for Aluminium; Tubes and Pipes in Bulgaria (CIF) - 2022
- Exports of Aluminium; Tubes and Pipes in Bulgaria
- Imports of Aluminium; Tubes and Pipes in Bulgaria
Price for Aluminium; Tubes and Pipes in Bulgaria (FOB) - 2023
In July 2023, the average aluminium; tubes and pipes export price amounted to $4,251 per ton, leveling off at the previous month. Overall, the export price, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 7.9% m-o-m. Over the period under review, the average export prices hit record highs at $5,191 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($6,524 per ton), while the average price for exports to Poland ($3,670 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Aluminium; Tubes and Pipes in Bulgaria (CIF) - 2022
In 2022, the average aluminium; tubes and pipes import price amounted to $8,242 per ton, growing by 38% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; tubes and pipes import price increased by +81.0% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 ($23,993 per ton), while the price for Greece ($1,509 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Tubes and Pipes in Bulgaria
In 2022, overseas shipments of aluminium; tubes and pipeses decreased by -32.8% to 7.2K tons, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, aluminium; tubes and pipes exports shrank to $35M in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. As a result, the exports attained the peak of $38M, and then dropped in the following year.
| Export of Aluminium; Tubes and Pipes in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.9 | 13.2 | 14.3 | 12.4 | -1.3% |
| Austria | 3.0 | 2.9 | 3.4 | 4.7 | 16.1% |
| Poland | 1.3 | 3.9 | 5.4 | 4.5 | 51.3% |
| Netherlands | 2.2 | 2.4 | 3.6 | 3.4 | 15.6% |
| Czech Republic | 2.6 | 1.3 | 3.0 | 2.5 | -1.3% |
| Hungary | 1.4 | 1.5 | 1.0 | 1.7 | 6.7% |
| Belgium | 0.8 | 0.9 | 1.6 | 1.5 | 23.3% |
| Spain | 1.1 | 0.6 | 1.4 | 0.9 | -6.5% |
| Denmark | 0.8 | 0.7 | 1.3 | 0.8 | 0.0% |
| Others | 1.8 | 2.3 | 2.5 | 3.0 | 18.6% |
| Total | 27.7 | 29.8 | 37.5 | 35.4 | 8.5% |
Top Export Markets for Aluminium; Tubes and Pipes from Bulgaria in 2022:
- Germany (2580.9 tons)
- Poland (966.8 tons)
- Austria (940.3 tons)
- Netherlands (726.9 tons)
- Czech Republic (444.0 tons)
- Hungary (358.8 tons)
- Belgium (307.4 tons)
- Spain (189.8 tons)
- Denmark (171.0 tons)
Imports of Aluminium; Tubes and Pipes in Bulgaria
In 2022, overseas purchases of aluminium; tubes and pipeses were finally on the rise to reach 1.5K tons after two years of decline. In general, imports, however, continue to indicate a noticeable shrinkage.
In value terms, aluminium; tubes and pipes imports skyrocketed to $12M in 2022. Overall, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Tubes and Pipes in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.2 | 3.3 | 4.3 | 4.8 | 14.5% |
| China | 2.0 | 0.5 | 0.5 | 2.1 | 1.6% |
| Czech Republic | 0.3 | 1.0 | 0.2 | 1.6 | 74.7% |
| Poland | N/A | 0.1 | 0.3 | 1.4 | 274.2% |
| Germany | 0.1 | 0.2 | 0.2 | 0.7 | 91.3% |
| Russia | 1.3 | 0.9 | 0.9 | 0.7 | -18.6% |
| Greece | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.6 | 0.5 | 1.0 | 1.0 | 18.6% |
| Total | 7.5 | 6.5 | 7.4 | 12.3 | 17.9% |
Top Suppliers of Aluminium; Tubes and Pipes to Bulgaria in 2022:
- Turkey (795.5 tons)
- China (179.4 tons)
- Czech Republic (152.2 tons)
- Poland (134.3 tons)
- Russia (80.0 tons)
- Greece (38.5 tons)
- Germany (27.5 tons)
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