Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Bulgaria - 2023

Contents:

1. Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Bulgaria (FOB) - 2022
2. Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Bulgaria (CIF) - 2022
3. Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Bulgaria
4. Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Bulgaria

Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Bulgaria (FOB) - 2022

The average export price for ferrous waste and scrap; of tinned iron or steels stood at $603 per ton in 2022, declining by -61.5% against the previous year. Overall, the export price, however, recorded a notable expansion. The growth pace was the most rapid in 2021 an increase of 284% against the previous year. As a result, the export price reached the peak level of $1,564 per ton, and then contracted notably in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($671 per ton), while the average price for exports to the United Arab Emirates stood at $528 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+45.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Bulgaria (CIF) - 2022

The average import price for ferrous waste and scrap; of tinned iron or steels stood at $2,619 per ton in 2021, approximately mirroring the previous year. Overall, the import price posted a significant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28%. The import price peaked in 2021 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2021, the rate of growth in terms of prices for Poland amounted to +43.4% per year.

Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Bulgaria

Exports of ferrous waste and scrap; of tinned iron or steels from Bulgaria plummeted to 112 tons in 2022, falling by -55.2% against the previous year's figure. Overall, exports recorded a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 63% against the previous year.

In value terms, exports of ferrous waste and scrap; of tinned iron or steels dropped dramatically to $67K in 2022. In general, exports faced a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 526% against the previous year. As a result, the exports reached the peak of $390K, and then declined markedly in the following year.

Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Bulgaria in 2022:

1. India (58.5 tons)
2. United Arab Emirates (53.3 tons)

Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Bulgaria

In 2021, the amount of ferrous waste and scrap; of tinned iron or steels imported into Bulgaria stood at 2.4 tons, remaining constant against 2020. Over the period under review, imports recorded a significant curtailment. The smallest decline of 99.9% was in 2020.

In value terms, imports of ferrous waste and scrap; of tinned iron or steels amounted to $6.3K in 2021. Overall, imports saw a sharp curtailment. The smallest decline of 99.9% was in 2020.

Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Bulgaria in 2022:

1. Poland (2.4 tons)

Source: IndexBox Market Intelligence Platform