Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria (FOB) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria (CIF) - 2024
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria (FOB) - 2022
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,397 per ton in 2022, picking up by 23% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or steel cast fittings, other than of non-malleable cast ira increased by +77.0% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($5,183 per ton) and Turkey ($5,074 per ton), while the average price for exports to France ($3,593 per ton) and Romania ($3,835 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria (CIF) - 2024
In March 2024, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $5,742 per ton, with an increase of 87% against the previous month. In general, the import price showed a modest increase. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 149% against the previous month. Over the period under review, average import prices reached the peak figure at $12,279 per ton in May 2023; however, from June 2023 to March 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($11,805 per ton), while the price for China stood at $5,612 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Austria (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria
Exports of iron or steel cast fittings, other than of non-malleable cast ira from Bulgaria shrank remarkably to 7.3K tons in 2022, falling by -15.7% compared with the year before. Overall, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 8.8% against the previous year.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira reached $32M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.1 | 4.6 | 6.5 | 7.7 | 8.1% |
| Germany | 4.2 | 4.4 | 5.4 | 5.8 | 11.4% |
| Poland | 4.4 | 4.0 | 4.4 | 4.9 | 3.7% |
| Spain | 3.7 | 3.4 | 3.5 | 3.7 | 0.0% |
| Greece | 3.4 | 3.6 | 4.2 | 3.4 | 0.0% |
| Romania | 1.8 | 2.1 | 2.1 | 2.1 | 5.3% |
| Croatia | 0.5 | 0.7 | 0.9 | 1.1 | 30.1% |
| Others | 3.2 | 2.8 | 3.9 | 3.4 | 2.0% |
| Total | 27.4 | 25.7 | 30.9 | 32.2 | 5.5% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Bulgaria in 2022:
- Italy (1482.1 tons)
- Germany (1387.5 tons)
- Poland (1169.1 tons)
- Greece (815.4 tons)
- Spain (795.1 tons)
- Romania (557.3 tons)
- Croatia (278.7 tons)
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria
In 2022, imports of iron or steel cast fittings, other than of non-malleable cast ira into Bulgaria surged to 3K tons, increasing by 41% against 2021. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 138%. As a result, imports attained the peak of 3K tons; afterwards, it flattened through to 2022.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira surged to $13M in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 62% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.7 | 2.4 | 3.5 | 4.3 | 36.3% |
| China | 1.9 | 2.0 | 2.9 | 2.4 | 8.1% |
| France | 0.4 | 3.3 | 1.4 | 2.0 | 71.0% |
| Turkey | 0.2 | 0.2 | 0.1 | 1.1 | 76.5% |
| Hungary | 0.4 | 0.3 | 0.3 | 0.6 | 14.5% |
| Poland | 0.1 | 0.2 | 0.2 | 0.5 | 71.0% |
| Indonesia | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Austria | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Others | 0.9 | 0.7 | 0.6 | 1.0 | 3.6% |
| Total | 5.8 | 9.3 | 9.3 | 12.6 | 29.5% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Bulgaria in 2022:
- Spain (1051.6 tons)
- France (719.3 tons)
- China (496.2 tons)
- Turkey (266.1 tons)
- Hungary (87.7 tons)
- Indonesia (85.7 tons)
- Austria (75.9 tons)
- Poland (75.8 tons)
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