Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria - 2024

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria (CIF) - 2024
  2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria
  4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria (CIF) - 2024

The average import price for containers for compressed or liquefied gas, of iron or steel stood at $30.7 per unit in February 2024, picking up by 3.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2023 an increase of 34% m-o-m. As a result, import price attained the peak level of $43.3 per unit. From October 2023 to February 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($88.3 per unit), while the price for Turkey amounted to $27.7 per unit.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $25 per unit in 2022, increasing by 19% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 37%. The export price peaked at $35 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($66 per unit), while the average price for exports to Russia ($4.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria

Imports of containers for compressed or liquefied gas, of iron or steel into Bulgaria contracted slightly to 452K units in 2022, remaining constant against 2021 figures. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of 453K units, leveling off in the following year.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel soared to $14M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +64.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.33.65.06.022.1%
China1.91.22.71.8-1.8%
Italy1.41.20.81.64.6%
United Arab EmiratesN/A0.3N/A1.6130.9%
Czech Republic0.60.71.41.018.6%
Germany0.50.41.00.50.0%
Albania0.10.10.10.10.0%
SerbiaN/AN/AN/AN/A0%
Others1.00.70.81.13.2%
Total8.88.311.613.615.6%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Bulgaria in 2022:

  1. Turkey (241.5K units)
  2. China (60.1K units)
  3. United Arab Emirates (50.7K units)
  4. Italy (35.1K units)
  5. Czech Republic (17.8K units)
  6. Albania (14.5K units)
  7. Serbia (8.6K units)
  8. Germany (7.0K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria

In 2022, exports of containers for compressed or liquefied gas, of iron or steel from Bulgaria declined markedly to 213K units, shrinking by -21.2% compared with 2021. In general, exports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. As a result, the exports attained the peak of 271K units, and then contracted sharply in the following year.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel contracted to $5.3M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. As a result, the exports reached the peak of $5.6M, and then shrank in the following year.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece1,0149022,114939-2.5%
Romania65940090690411.1%
Peru6336867207455.6%
Turkey20.028.12.3508194.0%
Serbia502212338291-16.6%
Germany1.211.816.4235480.7%
North Macedonia19716897.62345.9%
Albania226197345208-2.7%
UkraineN/AN/A78.7183132.5%
Spain18.5N/A76.412086.5%
Lithuania43.078.511311137.2%
Moldova34.81.264.883.734.0%
Russia78.617.913.919.7-37.0%
Others911792746678-9.4%
Total4,3383,4945,6335,2616.6%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Bulgaria in 2022:

  1. Greece (31.7K units)
  2. Romania (29.3K units)
  3. Peru (27.4K units)
  4. Turkey (26.5K units)
  5. Albania (18.8K units)
  6. Serbia (11.0K units)
  7. North Macedonia (8.8K units)
  8. Ukraine (8.0K units)
  9. Moldova (7.2K units)
  10. Russia (4.8K units)
  11. Spain (4.8K units)
  12. Lithuania (4.6K units)
  13. Germany (3.5K units)

Source: IndexBox Market Intelligence Platform

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