Price for Brass Tubes and Pipes in Bulgaria - 2023
Contents:
- Price for Brass Tubes and Pipes in Bulgaria (CIF) - 2022
- Price for Brass Tubes and Pipes in Bulgaria (FOB) - 2022
- Imports of Brass Tubes and Pipes in Bulgaria
- Exports of Brass Tubes and Pipes in Bulgaria
Price for Brass Tubes and Pipes in Bulgaria (CIF) - 2022
In 2022, the average brass tubes and pipes import price amounted to $14,032 per ton, surging by 16% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brass tubes and pipes import price increased by +54.7% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 34%. The import price peaked at $14,051 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 China ($20,621 per ton), while the price for Turkey ($10,169 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Brass Tubes and Pipes in Bulgaria (FOB) - 2022
The average brass tubes and pipes export price stood at $8,993 per ton in 2022, picking up by 80% against the previous year. Over the period under review, the export price, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by 116%. The export price peaked at $13,219 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($32,075 per ton), while the average price for exports to the UK ($5,732 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 Germany (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Brass Tubes and Pipes in Bulgaria
In 2022, approx. 186 tons of tubes and pipes of copper-zinc base alloys (brass) were imported into Bulgaria; dropping by -6.2% compared with the year before. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 1.6% against the previous year.
In value terms, brass tubes and pipes imports expanded significantly to $2.6M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Brass Tubes and Pipes in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 892 | 752 | 1,067 | 1,042 | 5.3% |
| Germany | 906 | 421 | 765 | 828 | -3.0% |
| Turkey | 258 | 168 | 228 | 492 | 24.0% |
| Italy | 73.7 | 91.3 | 91.4 | 102 | 11.4% |
| Russia | N/A | 0.3 | N/A | 83.0 | 1563.3% |
| Portugal | 91.8 | N/A | N/A | 0.1 | -89.7% |
| Switzerland | 105 | 137 | N/A | N/A | 30.5% |
| Ukraine | N/A | 152 | 179 | N/A | 17.8% |
| Others | 82.8 | 44.5 | 67.6 | 59.0 | -10.7% |
| Total | 2,409 | 1,767 | 2,398 | 2,606 | 2.7% |
Top Suppliers of Brass Tubes and Pipes to Bulgaria in 2022:
- Portugal (undefined tons)
- Germany (73.4 tons)
- China (50.5 tons)
- Turkey (48.4 tons)
- Italy (5.7 tons)
- Russia (5.6 tons)
Exports of Brass Tubes and Pipes in Bulgaria
In 2022, approx. 6.7 tons of tubes and pipes of copper-zinc base alloys (brass) were exported from Bulgaria; which is down by -83.6% against the year before. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 92%. As a result, the exports attained the peak of 41 tons, and then declined notably in the following year.
In value terms, brass tubes and pipes exports contracted sharply to $60K in 2022. Overall, exports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2021 when exports increased by 249% against the previous year. As a result, the exports reached the peak of $204K, and then reduced notably in the following year.
| Export of Brass Tubes and Pipes in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | 82.9 | 45.1 | -45.6% |
| United Kingdom | N/A | N/A | N/A | 7.9 | 0% |
| North Macedonia | N/A | N/A | N/A | 3.8 | 0% |
| Norway | N/A | N/A | N/A | 3.0 | 0% |
| Hong Kong SAR | N/A | N/A | 91.5 | N/A | 0% |
| Switzerland | 31.3 | 48.7 | 27.0 | N/A | -7.1% |
| Sudan | 93.8 | N/A | N/A | N/A | 0% |
| Others | 10.4 | 9.8 | 2.9 | 0.4 | -66.2% |
| Total | 135 | 58.5 | 204 | 60.2 | -23.6% |
Top Export Markets for Brass Tubes and Pipes from Bulgaria in 2022:
- Romania (5.0 tons)
- United Kingdom (1.4 tons)
- Norway (0.2 tons)
- North Macedonia (0.1 tons)
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