Price for Tube or Pipe Flanges of Stainless Steel in Bulgaria - 2024

Contents:

  1. Price for Tube or Pipe Flanges of Stainless Steel in Bulgaria (CIF) - 2022
  2. Price for Tube or Pipe Flanges of Stainless Steel in Bulgaria (FOB) - 2022
  3. Imports of Tube or Pipe Flanges of Stainless Steel in Bulgaria
  4. Exports of Tube or Pipe Flanges of Stainless Steel in Bulgaria

Price for Tube or Pipe Flanges of Stainless Steel in Bulgaria (CIF) - 2022

In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $9,445 per ton, dropping by -7% against the previous year. Overall, the import price recorded a mild descent. The growth pace was the most rapid in 2020 an increase of 36%. The import price peaked at $11,431 per ton in 2013; however, from 2014 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 ($14,442 per ton), while the price for Italy ($5,480 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tube or Pipe Flanges of Stainless Steel in Bulgaria (FOB) - 2022

The average export price for tube or pipe flanges of stainless steels stood at $28,704 per ton in 2022, surging by 105% against the previous year. In general, the export price continues to indicate a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($54,088 per ton), while the average price for exports to Romania ($7,163 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 the United Arab Emirates (+73.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube or Pipe Flanges of Stainless Steel in Bulgaria

In 2022, purchases abroad of tube or pipe flanges of stainless steels increased by 30% to 181 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt downturn.

In value terms, imports of tube or pipe flanges of stainless steels skyrocketed to $1.7M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tube or Pipe Flanges of Stainless Steel in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey512229129366-10.6%
Italy365308385354-1.0%
Germany11313931734044.4%
China50.094.371.613739.9%
Netherlands127250170101-7.4%
Czech Republic15.723.78.065.260.7%
Poland57.882.154.847.6-6.3%
Austria19.619.714936.122.6%
Others59.033.613226464.8%
Total1,3181,1801,4161,7119.1%

Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Bulgaria in 2022:

  1. Italy (64.5 tons)
  2. Turkey (32.2 tons)
  3. Germany (23.6 tons)
  4. China (13.8 tons)
  5. Netherlands (13.4 tons)
  6. Czech Republic (8.8 tons)
  7. Poland (7.3 tons)
  8. Austria (2.7 tons)

Exports of Tube or Pipe Flanges of Stainless Steel in Bulgaria

For the fourth year in a row, Bulgaria recorded growth in shipments abroad of tube or pipe flanges of stainless steels, which increased by 14% to 20 tons in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 114%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of tube or pipe flanges of stainless steels soared to $582K in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 243%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Tube or Pipe Flanges of Stainless Steel in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/A203527159.6%
NorwayN/AN/AN/A7.60%
Greece8.311.13.66.6-7.4%
North Macedonia2.76.73.25.627.5%
Turkey0.626.71.81.844.2%
Romania1.5N/A5.61.62.2%
Austria10.17.20.51.5-47.0%
Spain14.012.022.4N/A26.5%
Others9.79.08.930.246.0%
Total46.872.6249582131.7%

Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Bulgaria in 2022:

  1. United Arab Emirates (17.4 tons)
  2. Greece (0.8 tons)
  3. North Macedonia (0.8 tons)
  4. Norway (0.7 tons)
  5. Romania (0.2 tons)
  6. Austria (0.1 tons)

Source: IndexBox Market Intelligence Platform

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