Bulgaria - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Spring Washer Price in Bulgaria - 2023
Contents:
- Metal Spring Washer Price in Bulgaria (CIF) - 2023
- Metal Spring Washer Price in Bulgaria (FOB) - 2022
- Metal Spring Washer Imports in Bulgaria
- Metal Spring Washer Exports in Bulgaria
Metal Spring Washer Price in Bulgaria (CIF) - 2023
In June 2023, the average metal spring washer import price amounted to $18,823 per ton, surging by 110% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $24,220 per ton in October 2022; however, from November 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($28,692 per ton), while the price for Turkey ($3,244 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Spring Washer Price in Bulgaria (FOB) - 2022
In 2022, the average metal spring washer export price amounted to $13,603 per ton, falling by -18% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 119%. Over the period under review, the average export prices attained the peak figure at $23,634 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($51,863 per ton), while the average price for exports to Romania ($4,004 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 (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Spring Washer Imports in Bulgaria
In 2022, metal spring washer imports into Bulgaria fell to 185 tons, shrinking by -12.9% on 2021. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 108%. As a result, imports attained the peak of 212 tons, and then reduced in the following year.
In value terms, metal spring washer imports rose rapidly to $2.4M in 2022. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 129%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Metal Spring Washer in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 404 | 294 | 1,189 | 1,340 | 49.1% |
| Italy | 133 | 150 | 196 | 200 | 14.6% |
| Austria | 98.0 | 76.1 | 124 | 115 | 5.5% |
| Taiwan (Chinese) | 52.1 | 53.9 | 55.0 | 97.6 | 23.3% |
| China | 80.6 | 65.7 | 85.8 | 81.2 | 0.2% |
| Czech Republic | 23.3 | 19.3 | 40.8 | 39.0 | 18.7% |
| India | N/A | 0.5 | 29.0 | 38.6 | 778.6% |
| Turkey | 3.7 | 5.7 | 2.1 | 23.3 | 84.7% |
| Others | 338 | 307 | 499 | 436 | 8.9% |
| Total | 1,133 | 972 | 2,221 | 2,370 | 27.9% |
Top Suppliers of Metal Spring Washer to Bulgaria in 2022:
- Germany (91.0 tons)
- China (18.3 tons)
- Italy (16.1 tons)
- Austria (14.4 tons)
- Turkey (11.7 tons)
- India (6.9 tons)
- Taiwan (Chinese) (5.4 tons)
- Czech Republic (4.0 tons)
Metal Spring Washer Exports in Bulgaria
Metal spring washer exports from Bulgaria fell to 9.8 tons in 2022, shrinking by -2.6% on 2021 figures. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73%. As a result, the exports reached the peak of 10 tons, and then declined slightly in the following year.
In value terms, metal spring washer exports shrank dramatically to $134K in 2022. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year.
| Export of Metal Spring Washer in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 7.9 | 4.5 | 4.2 | 50.7 | 85.8% |
| Romania | 15.0 | 11.5 | 13.0 | 16.1 | 2.4% |
| United States | 20.2 | 36.5 | 19.9 | 14.1 | -11.3% |
| Russia | 3.4 | 2.8 | 18.8 | 13.4 | 58.0% |
| North Macedonia | 8.0 | 4.9 | 9.1 | 11.7 | 13.5% |
| Austria | 2.8 | 1.0 | 3.8 | 3.9 | 11.7% |
| Germany | 80.5 | 21.7 | 36.9 | 2.5 | -68.6% |
| Ukraine | 20.6 | 3.4 | 28.0 | 2.1 | -53.3% |
| Others | 13.1 | 11.7 | 34.0 | 19.4 | 14.0% |
| Total | 172 | 98.1 | 168 | 134 | -8.0% |
Top Export Markets for Metal Spring Washer from Bulgaria in 2022:
- Romania (4.0 tons)
- Italy (2.0 tons)
- Russia (1.7 tons)
- North Macedonia (0.8 tons)
- United States (0.3 tons)
- Austria (0.3 tons)
- Ukraine (0.1 tons)
- Germany (0.1 tons)
This report provides an in-depth analysis of the metal spring washer 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 25941210 - Iron or steel spring washers and other lock washers
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
-
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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