Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria - 2024

Contents:

  1. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria (CIF) - 2022
  2. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria (FOB) - 2022
  3. Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria
  4. Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria (CIF) - 2022

In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $1,370 per ton, picking up by 13% against the previous year. In general, the import price, however, recorded a abrupt slump. The growth pace was the most rapid in 2018 when the average import price increased by 48%. As a result, import price reached the peak level of $3,104 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($5,795 per ton), while the price for Russia ($1,089 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria (FOB) - 2022

In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $1,416 per ton, picking up by 4.7% against the previous year. In general, the export price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 242% against the previous year. Over the period under review, the average export prices reached the maximum at $5,377 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,539 per ton), while the average price for exports to Turkey ($1,180 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 Germany (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria

In 2022, overseas purchases of steel alloy wire of materials other than silico-manganese steels decreased by -17.7% to 6.7K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.5% 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 decreased by -21.2% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 66% against the previous year. As a result, imports reached the peak of 8.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steel alloy wire of materials other than silico-manganese steels declined to $9.2M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +68.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 45% against the previous year.

Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.55.46.46.422.3%
Czech Republic0.90.91.10.90.0%
Germany0.30.30.60.732.6%
Italy0.10.10.10.344.2%
RussiaN/A0.50.40.1-55.3%
UkraineN/A0.10.5N/A400.0%
Others0.60.60.70.60.0%
Total5.47.99.89.219.4%

Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Bulgaria in 2022:

  1. Turkey (5785.3 tons)
  2. Germany (261.2 tons)
  3. Czech Republic (244.6 tons)
  4. Italy (124.8 tons)
  5. Russia (108.8 tons)
  6. Ukraine (20.4 tons)

Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria

In 2022, the amount of steel alloy wire of materials other than silico-manganese steels exported from Bulgaria contracted sharply to 102 tons, waning by -21.5% on the previous year's figure. Overall, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 229%. As a result, the exports reached the peak of 130 tons, and then shrank dramatically in the following year.

In value terms, exports of steel alloy wire of materials other than silico-manganese steels fell dramatically to $145K in 2022. Over the period under review, exports, however, saw a strong increase. The growth pace was the most rapid in 2021 when exports increased by 533%. As a result, the exports reached the peak of $176K, and then reduced remarkably in the following year.

Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania5.00.612795.0166.8%
Greece18.9N/AN/A31.718.8%
Germany13.1N/A0.810.9-5.9%
Turkey20.012.8N/A4.2-40.6%
Bosnia and Herzegovina20.3N/AN/AN/A0%
KosovoN/A5.5N/AN/A0%
IranN/A6.847.9N/A604.4%
Others24.42.1N/A2.9-50.8%
Total10227.817614512.4%

Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Bulgaria in 2022:

  1. Romania (71.8 tons)
  2. Greece (24.0 tons)
  3. Turkey (3.5 tons)
  4. Germany (2.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of materials other than high speed or silico-manganese steel - Bulgaria