Bulgaria - Base Metal Closures, Stoppers, Caps And Lids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Closure Price in Bulgaria - 2023
Contents:
- Base Metal Closure Price in Bulgaria (FOB) - 2023
- Base Metal Closure Price in Bulgaria (CIF) - 2022
- Base Metal Closure Exports in Bulgaria
- Base Metal Closure Imports in Bulgaria
Base Metal Closure Price in Bulgaria (FOB) - 2023
In June 2023, the average base metal closure export price amounted to $7,605 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 22% against the previous month. As a result, the export price reached the peak level of $9,466 per ton. From December 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($14,757 per ton), while the average price for exports to Romania ($4,091 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Closure Price in Bulgaria (CIF) - 2022
In 2022, the average base metal closure import price amounted to $4,095 per ton, with an increase of 11% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 24%. Over the period under review, average import prices attained the peak figure at $4,337 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 Spain ($11,261 per ton), while the price for Turkey ($3,077 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Closure Exports in Bulgaria
In 2022, shipments abroad of base metal closures, stoppers, caps and lids decreased by -2.5% to 11K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year.
In value terms, base metal closure exports skyrocketed to $82M in 2022. Over the period under review, exports, however, recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Base Metal Closure in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.7 | 5.3 | 6.1 | 11.4 | 26.0% |
| Romania | 6.4 | 7.6 | 8.6 | 9.8 | 15.3% |
| Germany | 4.8 | 6.1 | 7.5 | 9.7 | 26.4% |
| Italy | 1.0 | 3.4 | 5.2 | 6.7 | 88.5% |
| Greece | 3.8 | 4.0 | 4.7 | 5.8 | 15.1% |
| United Kingdom | 2.7 | 3.0 | 3.6 | 5.4 | 26.0% |
| Turkey | 1.9 | 3.1 | 3.0 | 3.5 | 22.6% |
| Poland | 1.8 | 2.1 | 2.7 | 3.3 | 22.4% |
| Serbia | 1.4 | 1.3 | 2.1 | 3.2 | 31.7% |
| Slovakia | 1.4 | 1.7 | 2.4 | 2.9 | 27.5% |
| Czech Republic | 1.2 | 1.1 | 1.5 | 2.6 | 29.4% |
| North Macedonia | 1.3 | 1.5 | 1.9 | 2.0 | 15.4% |
| Hungary | 0.6 | 0.7 | 1.2 | 1.4 | 32.6% |
| Others | 6.4 | 7.4 | 9.7 | 14.2 | 30.4% |
| Total | 40.4 | 48.4 | 60.3 | 81.9 | 26.6% |
Top Export Markets for Base Metal Closure from Bulgaria in 2022:
- Romania (2003.2 tons)
- Turkey (1126.1 tons)
- Germany (931.2 tons)
- France (903.1 tons)
- Greece (799.0 tons)
- Italy (765.3 tons)
- Serbia (664.7 tons)
- United Kingdom (499.9 tons)
- Slovakia (486.0 tons)
- North Macedonia (398.6 tons)
- Czech Republic (381.2 tons)
- Poland (360.0 tons)
- Hungary (202.6 tons)
Base Metal Closure Imports in Bulgaria
After two years of decline, overseas purchases of base metal closures, stoppers, caps and lids increased by 13% to 4.8K tons in 2022. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, base metal closure imports soared to $20M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Base Metal Closure in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 6.4 | 7.3 | 7.4 | 9.1 | 12.4% |
| Poland | 1.5 | 2.0 | 1.5 | 2.0 | 10.1% |
| China | 0.7 | 0.5 | 0.4 | 1.9 | 39.5% |
| Germany | 2.4 | 2.3 | 2.2 | 1.7 | -10.9% |
| Greece | 1.2 | 0.6 | 1.0 | 1.0 | -5.9% |
| Italy | 1.0 | 0.7 | 0.7 | 0.9 | -3.5% |
| Spain | 0.4 | 0.4 | 0.7 | 0.9 | 31.0% |
| Romania | 0.1 | N/A | 0.2 | 0.3 | 44.2% |
| Others | 2.0 | 1.6 | 1.5 | 1.8 | -3.5% |
| Total | 15.6 | 15.3 | 15.6 | 19.5 | 7.7% |
Top Suppliers of Base Metal Closure to Bulgaria in 2022:
- Turkey (2956.3 tons)
- China (458.4 tons)
- Greece (336.0 tons)
- Poland (322.1 tons)
- Italy (192.1 tons)
- Germany (171.6 tons)
- Romania (90.3 tons)
- Spain (76.1 tons)
This report provides an in-depth analysis of the base metal closure market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25921370 - Base metal closures, stoppers, caps and lids (excluding of lead, crown corks, aluminium closures, stoppers, caps and lids of a diameter > .21 mm)
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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