Price for Steel, Alloy; Semi-Finished Products in Bulgaria - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Bulgaria (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Bulgaria (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Bulgaria
- Exports of Steel, Alloy; Semi-Finished Products in Bulgaria
Price for Steel, Alloy; Semi-Finished Products in Bulgaria (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $1,596 per ton, falling by -83.1% against the previous year. Overall, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of 65% against the previous year. As a result, import price reached the peak level of $9,422 per ton, and then contracted notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($10,607 per ton), while the price for Montenegro ($1,388 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+18.4%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Alloy; Semi-Finished Products in Bulgaria (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $1,545 per ton, increasing by 111% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 112%. The export price peaked at $7,452 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Sweden ($5,358 per ton), while the average price for exports to Poland ($108 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 Sweden (+18.8%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Alloy; Semi-Finished Products in Bulgaria
In 2022, after two years of decline, there was significant growth in supplies from abroad of steel, alloy; semi-finished productses, when their volume increased by 475% to 182 tons. Overall, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, steel, alloy; semi-finished products imports contracted to $290K in 2022. Over the period under review, imports, however, saw a sharp reduction.
| Import of Steel, Alloy; Semi-Finished Products in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 389 | N/A | N/A | 250 | -13.7% |
| Austria | 125 | 183 | 244 | 19.3 | -46.4% |
| Poland | 13.5 | 98.7 | N/A | 4.6 | -30.2% |
| Others | 50.3 | 90.1 | 53.2 | 15.6 | -32.3% |
| Total | 578 | 372 | 298 | 290 | -20.5% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Bulgaria in 2022:
- Ukraine (173.5 tons)
- Poland (2.7 tons)
- Austria (1.8 tons)
Exports of Steel, Alloy; Semi-Finished Products in Bulgaria
After three years of growth, shipments abroad of steel, alloy; semi-finished productses decreased by -65% to 23 tons in 2022. In general, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 124%. As a result, the exports reached the peak of 66 tons, and then declined remarkably in the following year.
In value terms, steel, alloy; semi-finished products exports shrank rapidly to $36K in 2022. Overall, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 108%.
| Export of Steel, Alloy; Semi-Finished Products in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 13.6 | N/A | N/A | 20.5 | 14.7% |
| Austria | 29.3 | N/A | N/A | 10.1 | -29.9% |
| Italy | N/A | N/A | N/A | 2.1 | 0% |
| Serbia | 1.2 | N/A | N/A | 0.6 | -20.6% |
| Turkey | 0.2 | 7.0 | 40.4 | 0.5 | 35.7% |
| Germany | 0.4 | N/A | N/A | 0.2 | -20.6% |
| Czech Republic | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Greece | 2.4 | 11.1 | N/A | 0.1 | -65.3% |
| Others | 4.3 | 5.0 | 7.8 | 1.6 | -28.1% |
| Total | 51.5 | 23.2 | 48.2 | 35.7 | -11.5% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Bulgaria in 2022:
- Italy (7.4 tons)
- Serbia (4.8 tons)
- Sweden (3.8 tons)
- Austria (2.1 tons)
- Germany (1.2 tons)
- Turkey (0.7 tons)
- Czech Republic (0.7 tons)
- Greece (0.2 tons)
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