Price for Zinc; Bars, Rods, Profiles and Wire in Bulgaria - 2023

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Bulgaria (CIF) - 2022
  2. Price for Zinc; Bars, Rods, Profiles and Wire in Bulgaria (FOB) - 2022
  3. Imports of Zinc; Bars, Rods, Profiles and Wire in Bulgaria
  4. Exports of Zinc; Bars, Rods, Profiles and Wire in Bulgaria

Price for Zinc; Bars, Rods, Profiles and Wire in Bulgaria (CIF) - 2022

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $4,543 per ton, growing by 17% against the previous year. In general, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 169%. The import price peaked at $4,770 per ton in 2018; however, from 2019 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 Italy ($6,854 per ton), while the price for Turkey ($2,090 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Bars, Rods, Profiles and Wire in Bulgaria (FOB) - 2022

In 2022, the average export price for zinc; bars, rods, profiles and wires amounted to $9,328 per ton, increasing by 782% against the previous year. Over the period under review, the export price enjoyed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($53,162 per ton), while the average price for exports to Switzerland ($1,693 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 (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Bars, Rods, Profiles and Wire in Bulgaria

Imports of zinc; bars, rods, profiles and wires into Bulgaria amounted to 234 tons in 2022, with an increase of 6.4% on the previous year's figure. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 94%. As a result, imports attained the peak of 287 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of zinc; bars, rods, profiles and wires surged to $1.1M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 79%. As a result, imports attained the peak of $1.1M; afterwards, it flattened through to 2022.

Import of Zinc; Bars, Rods, Profiles and Wire in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany48656955781518.8%
Italy72.810515910914.4%
Belgium10.033.421.360.281.9%
GreeceN/A30.639.046.923.8%
Finland25.720.019.127.01.7%
Turkey2.834214.60.8-34.1%
India26.028.640.0N/A24.0%
Others13.810.25.92.7-41.9%
Total6371,1408561,06118.5%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Bulgaria in 2022:

  1. Germany (185.7 tons)
  2. Italy (15.9 tons)
  3. Greece (14.3 tons)
  4. Belgium (11.4 tons)
  5. Finland (5.0 tons)
  6. Turkey (0.4 tons)

Exports of Zinc; Bars, Rods, Profiles and Wire in Bulgaria

In 2022, the amount of zinc; bars, rods, profiles and wires exported from Bulgaria contracted markedly to 2.6 tons, waning by -96.3% against 2021. Over the period under review, exports recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when exports increased by 2,664% against the previous year. As a result, the exports reached the peak of 71 tons, and then declined remarkably in the following year.

In value terms, exports of zinc; bars, rods, profiles and wires contracted significantly to $25K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 561% against the previous year. As a result, the exports attained the peak of $75K, and then fell sharply in the following year.

Export of Zinc; Bars, Rods, Profiles and Wire in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A15.10%
Romania7.46.510.57.71.3%
SwitzerlandN/AN/AN/A1.80%
GreeceN/AN/A63.1N/A0%
Italy2.31.01.8N/A-11.5%
OthersN/A3.9N/AN/A0%
Total9.711.475.424.736.6%

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Bulgaria in 2022:

  1. Romania (1284.0 kg)
  2. Switzerland (1075.0 kg)
  3. Turkey (284.0 kg)

Source: IndexBox Market Intelligence Platform

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