Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Bulgaria - 2023

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Bulgaria (FOB) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Bulgaria (CIF) - 2022
3. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Bulgaria
4. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Bulgaria

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Bulgaria (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $12,429 per ton, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices hit record highs at $13,614 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Belgium ($19,743 per ton), while the average price for exports to North Macedonia ($7,651 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 Belgium (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Bulgaria (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $10,743 per ton in 2022, which is down by -9.6% against the previous year. In general, the import price, however, showed buoyant growth. The pace of growth was the most pronounced in 2017 an increase of 33%. The import price peaked at $14,543 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($65,621 per ton), while the price for the Netherlands ($4,561 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Bulgaria

In 2022, the amount of tubing; flexible, with or without fittings, of base metals exported from Bulgaria soared to 785 tons, picking up by 79% on 2021. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tubing; flexible, with or without fittings, of base metals skyrocketed to $9.8M in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Bulgaria in 2022:

1. Germany (283.0 tons)
2. Turkey (112.3 tons)
3. Poland (105.4 tons)
4. Italy (76.2 tons)
5. France (23.0 tons)
6. Romania (21.2 tons)
7. Greece (20.6 tons)
8. Hungary (18.7 tons)
9. Belgium (17.6 tons)
10. Slovenia (14.0 tons)
11. Spain (13.3 tons)
12. Algeria (6.5 tons)
13. Ukraine (0.6 tons)

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Bulgaria

After three years of growth, purchases abroad of tubing; flexible, with or without fittings, of base metals decreased by -16% to 581 tons in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.2% 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 +30.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of 691 tons, and then contracted dramatically in the following year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals dropped remarkably to $6.2M in 2022. Overall, imports recorded a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 43%. As a result, imports reached the peak of $8.2M, and then dropped notably in the following year.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Bulgaria in 2022:

1. Turkey (434.1 tons)
2. China (38.4 tons)
3. India (22.4 tons)
4. Netherlands (15.6 tons)
5. Germany (11.7 tons)
6. Romania (10.1 tons)
7. Italy (8.3 tons)
8. Spain (7.2 tons)
9. Russia (5.7 tons)

Source: IndexBox Market Intelligence Platform