Price for Steel, Stainless; Ingots and Other Primary Forms in Bulgaria - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Bulgaria (CIF) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Bulgaria (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Bulgaria
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Bulgaria
Price for Steel, Stainless; Ingots and Other Primary Forms in Bulgaria (CIF) - 2022
In 2022, the average import price for steel, stainless; ingots and other primary formses amounted to $2,960 per ton, surging by 9.6% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 78% against the previous year. The import price peaked at $11,586 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,727 per ton), while the price for Italy ($2,484 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Stainless; Ingots and Other Primary Forms in Bulgaria (FOB) - 2022
In 2021, the average export price for steel, stainless; ingots and other primary formses amounted to $4,207 per ton, shrinking by -60.7% against the previous year. In general, the export price, however, recorded tangible growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 396% against the previous year. As a result, the export price reached the peak level of $10,706 per ton, and then fell sharply in the following year.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($11,299 per ton), while the average price for exports to North Macedonia amounted to $2,387 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+154.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Bulgaria
Imports of steel, stainless; ingots and other primary formses into Bulgaria shrank rapidly to 10 tons in 2022, dropping by -79.7% against 2021 figures. Overall, imports saw a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 106%.
In value terms, imports of steel, stainless; ingots and other primary formses declined markedly to $31K in 2022. Over the period under review, imports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 141% against the previous year.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,811 | N/A | 42.1 | 16.4 | -82.0% |
| Germany | N/A | 2.5 | 12.5 | 6.3 | 58.7% |
| Poland | 29.2 | 53.1 | 37.1 | 4.7 | -45.6% |
| Romania | N/A | N/A | 44.6 | 3.5 | -92.2% |
| Others | 92.5 | 1.8 | 2.2 | N/A | -84.6% |
| Total | 2,932 | 57.4 | 138 | 30.9 | -78.1% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Bulgaria in 2022:
- Italy (6.6 tons)
- Romania (1.4 tons)
- Poland (1.4 tons)
- Germany (1.1 tons)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Bulgaria
In 2021, approx. 377 kg of steel, stainless; ingots and other primary formses were exported from Bulgaria; waning by -71.3% on the previous year's figure. Overall, exports recorded a sharp contraction.
In value terms, exports of steel, stainless; ingots and other primary formses declined remarkably to $1.6K in 2021. Over the period under review, exports showed a dramatic curtailment.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | N/A | N/A | 0.9 | 0% | |
| North Macedonia | N/A | N/A | 0.7 | 0% | |
| Italy | 461 | N/A | N/A | 0% | |
| Others | N/A | 14.0 | N/A | 0% | |
| Total | 461 | 14.0 | 1.6 | -94.1% | |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Bulgaria in 2022:
- North Macedonia (300.0 kg)
- Germany (77.0 kg)
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