Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria (CIF) - 2022
The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $41,454 per ton in 2022, with an increase of 198% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2021 an increase of 1,294%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
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 Croatia ($205,200 per ton), while the price for Turkey ($7,286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $20,733 per ton in 2021, jumping by 346% against the previous year. Overall, the export price enjoyed a prominent expansion. Over the period under review, the average export prices attained the peak figure at $22,387 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +12.2% per year.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria
In 2022, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Bulgaria contracted remarkably to 897 kg, which is down by -89.9% against 2021. In general, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 337%. As a result, imports reached the peak of 8.9 tons, and then fell dramatically in the following year.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia shrank sharply to $37K in 2022. Over the period under review, imports showed a dramatic decrease. The growth pace was the most rapid in 2021 when imports increased by 5,991% against the previous year. As a result, imports reached the peak of $123K, and then reduced rapidly in the following year.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | N/A | N/A | 83.0 | 29.8 | -64.1% |
| United Kingdom | N/A | N/A | 18.5 | 5.1 | -72.4% |
| Italy | N/A | N/A | 0.4 | 0.9 | 125.0% |
| Turkey | N/A | 1.7 | 6.5 | 0.8 | -31.4% |
| Germany | 38.0 | 0.4 | 5.4 | N/A | -62.3% |
| Greece | 47.3 | N/A | N/A | N/A | 0% |
| Romania | N/A | N/A | 8.9 | N/A | 0% |
| Others | N/A | N/A | 0.9 | 0.6 | -33.3% |
| Total | 85.3 | 2.0 | 123 | 37.2 | -24.2% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Bulgaria in 2022:
- United Kingdom (524.0 kg)
- Croatia (145.0 kg)
- Italy (117.0 kg)
- Turkey (105.0 kg)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria
In 2021, overseas shipments of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -89.1% to 750 kg for the first time since 2018, thus ending a two-year rising trend. In general, exports recorded a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 415%. As a result, the exports reached the peak of 6.9 tons, and then shrank remarkably in the following year.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia declined markedly to $16K in 2021. Over the period under review, exports faced a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 6.8%. As a result, the exports reached the peak of $32K, and then reduced remarkably in the following year.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 29.8 | N/A | 15.6 | -27.6% | |
| Italy | N/A | 30.4 | N/A | 0% | |
| Turkey | N/A | 1.4 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 29.8 | 31.9 | 15.6 | -27.6% | |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Bulgaria in 2022:
- Germany (750.0 kg)
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