Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria (CIF) - 2022
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $15,761 per ton in 2022, picking up by 2.3% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel; non-threaded cotters and cotter-pinses increased by +34.4% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 52% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($65,549 per ton), while the price for China ($3,090 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $10,663 per ton in 2022, which is down by -54.8% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 181%. Over the period under review, the average export prices hit record highs at $23,611 per ton in 2021, and then shrank significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($44,123 per ton), while the average price for exports to Poland ($4,504 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 Turkey (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria
Imports of iron or steel; non-threaded cotters and cotter-pinses into Bulgaria soared to 95 tons in 2022, with an increase of 20% compared with the previous year. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses surged to $1.5M in 2022. Over the period under review, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 71% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 81.3 | 108 | 217 | 402 | 70.4% |
| Switzerland | 97.4 | 101 | 258 | 203 | 27.7% |
| Turkey | 165 | 92.2 | 84.2 | 159 | -1.2% |
| Italy | 188 | 91.2 | 113 | 114 | -15.4% |
| Belgium | 72.0 | 77.9 | 98.0 | 101 | 11.9% |
| Taiwan (Chinese) | 43.1 | 41.8 | 82.4 | 74.8 | 20.2% |
| China | 97.3 | 61.3 | 42.2 | 47.2 | -21.4% |
| Finland | N/A | N/A | 20.0 | 45.1 | 125.5% |
| South Africa | N/A | 1.9 | 19.5 | 44.3 | 382.9% |
| Austria | 10.9 | 3.3 | 39.0 | 25.6 | 32.9% |
| Czech Republic | 5.3 | 4.2 | 7.2 | 18.6 | 52.0% |
| Spain | N/A | 3.4 | 9.2 | 12.2 | 89.4% |
| Others | 212 | 127 | 231 | 255 | 6.3% |
| Total | 973 | 714 | 1,220 | 1,500 | 15.5% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Bulgaria in 2022:
- Germany (18.1 tons)
- China (15.3 tons)
- Turkey (14.5 tons)
- Taiwan (Chinese) (10.0 tons)
- Switzerland (8.7 tons)
- Italy (6.5 tons)
- Czech Republic (2.8 tons)
- Austria (2.8 tons)
- Spain (2.4 tons)
- South Africa (1.5 tons)
- Finland (1.5 tons)
- Belgium (1.5 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria
Exports of iron or steel; non-threaded cotters and cotter-pinses from Bulgaria skyrocketed to 42 tons in 2022, with an increase of 69% on the previous year. In general, exports, however, recorded a dramatic curtailment.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses shrank rapidly to $444K in 2022. Over the period under review, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 141%. As a result, the exports reached the peak of $582K, and then dropped significantly in the following year.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 376 | 1.0 | 2.6 | 204 | -18.4% |
| United States | 8.9 | 129 | 405 | 75.6 | 104.0% |
| Turkey | 13.0 | 28.3 | 89.1 | 63.2 | 69.4% |
| United Kingdom | 18.6 | N/A | 40.5 | 35.0 | 23.5% |
| Romania | 19.4 | 17.6 | 9.8 | 14.4 | -9.5% |
| Sweden | N/A | N/A | N/A | 9.9 | 0% |
| Poland | N/A | N/A | N/A | 9.0 | 0% |
| Iran | 73.1 | 55.6 | N/A | N/A | -23.9% |
| Others | 22.2 | 10.4 | 35.0 | 33.0 | 14.1% |
| Total | 531 | 242 | 582 | 444 | -5.8% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Bulgaria in 2022:
- Germany (26.0 tons)
- United Kingdom (4.4 tons)
- Turkey (2.4 tons)
- Poland (2.0 tons)
- United States (1.7 tons)
- Romania (1.7 tons)
- Sweden (1.4 tons)
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