Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Bulgaria - 2023

Contents:

1. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Bulgaria (CIF) - 2022
2. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Bulgaria (FOB) - 2022
3. Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Bulgaria
4. Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Bulgaria

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Bulgaria (CIF) - 2022

In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $31,633 per ton, surging by 24% against the previous year. Over the period under review, the import price recorded a resilient expansion. The growth pace was the most rapid in 2016 an increase of 80% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain 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 Switzerland ($80,478 per ton), while the price for the United Arab Emirates ($5,070 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Bulgaria (FOB) - 2022

The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $30,486 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of 32% against the previous year. Over the period under review, the average export prices attained the maximum at $123,123 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 Spain ($195,500 per ton), while the average price for exports to Switzerland ($29,516 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 Spain (+30.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Bulgaria

In 2022, approx. 93 tons of copper; rivets, cotters, cotter-pins and similar articles, not threaded were imported into Bulgaria; shrinking by -15.9% against 2021. Over the period under review, imports showed a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of 111 tons, and then declined sharply in the following year.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded expanded modestly to $2.9M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Bulgaria in 2022:

1. Italy (53.9 tons)
2. Germany (16.5 tons)
3. Switzerland (4.7 tons)
4. Spain (4.5 tons)
5. Denmark (3.1 tons)
6. Slovakia (2.1 tons)
7. United Arab Emirates (1.9 tons)

Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Bulgaria

In 2022, approx. 12 tons of copper; rivets, cotters, cotter-pins and similar articles, not threaded were exported from Bulgaria; waning by -14.9% against the previous year. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of 14 tons, and then declined in the following year.

In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded contracted to $370K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of $431K, and then shrank in the following year.

Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Bulgaria in 2022:

1. Switzerland (11.5 tons)
2. Italy (0.5 tons)

Source: IndexBox Market Intelligence Platform