Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bulgaria - 2022

Contents:

1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bulgaria (CIF) - 2022
2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bulgaria (FOB) - 2022
3. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bulgaria
4. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bulgaria

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bulgaria (CIF) - 2022

The average import price for copper; cast, moulded, stamped or forged, but not further worked stood at $14,796 per ton in 2022, growing by 39% against the previous year. Overall, the import price, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 65%. As a result, import price attained the peak level of $32,417 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($49,635 per ton), while the price for Belgium ($10,461 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bulgaria (FOB) - 2022

In 2021, the average export price for copper; cast, moulded, stamped or forged, but not further worked amounted to $151,827 per ton, picking up by 403% against the previous year. Overall, the export price continues to indicate prominent growth. Over the period under review, the average export prices hit record highs at $470,320 per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +25.7% per year.

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bulgaria

After three years of growth, purchases abroad of copper; cast, moulded, stamped or forged, but not further worked decreased by -57.9% to 71 tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,242%. As a result, imports attained the peak of 169 tons, and then reduced rapidly in the following year.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked fell markedly to $1.1M in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 489%. As a result, imports attained the peak of $1.8M, and then declined significantly in the following year.

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Bulgaria in 2022:

1. Italy (32.8 tons)
2. Belgium (18.5 tons)
3. China (10.7 tons)
4. Turkey (6.0 tons)
5. Spain (3.1 tons)

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bulgaria

In 2021, the amount of copper; cast, moulded, stamped or forged, but not further worked exported from Bulgaria surged to 400 kg, rising by 61% on 2020 figures. In general, exports, however, recorded a slight descent.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked skyrocketed to $61K in 2021. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Bulgaria in 2022:

1. Serbia (400.0 kg)

Source: IndexBox Market Intelligence Platform