Price for Safety Pins and Other Pins; of Iron or Steel in Bulgaria - 2024

Contents:

  1. Price for Safety Pins and Other Pins; of Iron or Steel in Bulgaria (CIF) - 2022
  2. Price for Safety Pins and Other Pins; of Iron or Steel in Bulgaria (FOB) - 2022
  3. Imports of Safety Pins and Other Pins; of Iron or Steel in Bulgaria
  4. Exports of Safety Pins and Other Pins; of Iron or Steel in Bulgaria

Price for Safety Pins and Other Pins; of Iron or Steel in Bulgaria (CIF) - 2022

The average import price for safety pins and other pins; of iron or steels stood at $6,014 per ton in 2022, with a decrease of -20.6% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 72% against the previous year. The import price peaked at $20,385 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($30,183 per ton), while the price for China ($2,651 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Safety Pins and Other Pins; of Iron or Steel in Bulgaria (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $6,640 per ton, which is down by -47.4% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of 204%. Over the period under review, the average export prices attained the peak figure at $21,521 per ton in 2013; however, from 2014 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 France ($19,148 per ton), while the average price for exports to Greece ($3,314 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 Romania (+40.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Safety Pins and Other Pins; of Iron or Steel in Bulgaria

After two years of decline, supplies from abroad of safety pins and other pins; of iron or steels increased by 292% to 8.7 tons in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of safety pins and other pins; of iron or steels surged to $52K in 2022. In general, imports saw moderate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Safety Pins and Other Pins; of Iron or Steel in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.416.94.824.465.3%
China7.04.36.218.438.0%
SpainN/AN/AN/A2.50%
Turkey2.42.41.01.8-9.1%
Greece23.50.40.50.9-66.3%
Others8.84.04.34.1-22.5%
Total47.228.016.852.33.5%

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Bulgaria in 2022:

  1. China (6.9 tons)
  2. Germany (0.8 tons)
  3. Spain (0.4 tons)
  4. Turkey (0.3 tons)
  5. Greece (0.1 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in Bulgaria

Exports of safety pins and other pins; of iron or steels from Bulgaria soared to 1.2 tons in 2022, increasing by 303% against 2021. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 426% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of safety pins and other pins; of iron or steels surged to $7.6K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 243% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Safety Pins and Other Pins; of Iron or Steel in Bulgaria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France408N/AN/A2,58585.0%
DenmarkN/AN/AN/A1,6470%
North Macedonia329N/AN/A82435.8%
SerbiaN/AN/AN/A6390%
GermanyN/AN/A39843810.1%
ItalyN/AN/AN/A3560%
NetherlandsN/AN/A2382588.4%
IrelandN/AN/AN/A2430%
GreeceN/A536N/A116-53.5%
Romania7724,6392,97313.0-74.4%
OthersN/AN/AN/A5300%
Total1,5095,1753,6097,64971.8%

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Bulgaria in 2022:

  1. Denmark (317.0 kg)
  2. France (135.0 kg)
  3. Germany (131.0 kg)
  4. Italy (106.0 kg)
  5. Netherlands (77.0 kg)
  6. North Macedonia (70.0 kg)
  7. Serbia (64.0 kg)
  8. Ireland (58.0 kg)
  9. Greece (35.0 kg)
  10. Romania (1.0 kg)

Source: IndexBox Market Intelligence Platform

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