Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria (FOB) - 2022
  2. Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria (CIF) - 2022
  3. Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria
  4. Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria

Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria (FOB) - 2022

The average export price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $173,900 per ton in 2022, picking up by 47% against the previous year. In general, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +322.1% per year.

Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria (CIF) - 2022

The average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $168,000 per ton in 2021, standing approx. at the previous year. In general, the import price saw a significant increase. The growth pace was the most rapid in 2014 an increase of 832% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for the Czech Republic amounted to +12.3% per year.

Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria

In 2022, after two years of decline, there was significant decline in overseas shipments of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, when their volume decreased by -50% to 30 kg. In general, exports saw a dramatic curtailment.

In value terms, exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s shrank markedly to $5.2K in 2022. Overall, exports recorded a sharp decrease.

Export of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands19.1N/A7.15.2-35.2%
OthersN/AN/AN/AN/A0%
Total19.1N/A7.15.2-35.2%

Top Export Markets for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) from Bulgaria in 2022:

  1. Netherlands (30.0 kg)

Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria

In 2021, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s into Bulgaria totaled 2 kg, remaining constant against the year before. In general, imports faced a significant curtailment. The smallest decline of 99.9% was in 2020.

In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $336 in 2021. Over the period under review, imports saw a precipitous decrease. The smallest decline of 99.9% was in 2020.

Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bulgaria (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United StatesN/AN/A0.30%
Greece0.8N/AN/A0%
Turkey3.4N/AN/A0%
OthersN/AN/AN/A0%
Total4.1N/A0.3-72.9%

Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Bulgaria in 2022:

  1. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform

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