Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria - 2023
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria (FOB) - 2023
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria (CIF) - 2022
In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $10,078 per ton, picking up by 20% against the previous year. In general, the import price showed mild growth. The most prominent rate of growth was recorded in 2016 an increase of 115%. As a result, import price reached the peak level of $16,724 per ton. From 2017 to 2022, the average import prices remained 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 Austria ($18,291 per ton), while the price for Italy ($6,012 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria (FOB) - 2023
In September 2023, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $37,496 per ton, reducing by -37.8% against the previous month. In general, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 83% m-o-m. Over the period under review, the average export prices hit record highs at $123K per ton in June 2023; however, from July 2023 to September 2023, 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 November 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to -21.7% per month.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria
Imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia into Bulgaria soared to 276 tons in 2022, jumping by 33% against the year before. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 133%. As a result, imports reached the peak of 315 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia skyrocketed to $2.8M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 103% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 431 | 611 | 789 | 1,280 | 43.7% |
| Turkey | 191 | 692 | 616 | 1,178 | 83.4% |
| Austria | 124 | 178 | 68.3 | 92.0 | -9.5% |
| Sweden | 49.4 | 0.3 | 40.7 | 85.1 | 19.9% |
| Ukraine | 101 | 28.7 | 48.9 | 54.4 | -18.6% |
| Russia | 37.5 | 20.1 | 93.3 | N/A | 57.7% |
| India | 94.9 | 477 | N/A | N/A | 402.6% |
| Others | 26.5 | 129 | 81.6 | 88.6 | 49.5% |
| Total | 1,055 | 2,137 | 1,738 | 2,778 | 38.1% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Bulgaria in 2022:
- Turkey (174.2 tons)
- Germany (71.4 tons)
- Sweden (9.1 tons)
- Ukraine (7.9 tons)
- Austria (5.0 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria
After three years of growth, overseas shipments of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -29.4% to 119 tons in 2022. Overall, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 61%. As a result, the exports reached the peak of 169 tons, and then plummeted in the following year.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia shrank markedly to $2.6M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 76% against the previous year.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,250 | 1,437 | 1,879 | 2,374 | 23.8% |
| Switzerland | 29.3 | N/A | N/A | 105 | 53.0% |
| Slovenia | N/A | N/A | N/A | 97.6 | 0% |
| Hungary | N/A | 769 | N/A | N/A | 0% |
| Serbia | N/A | N/A | 1,376 | N/A | 0% |
| Algeria | N/A | 32.0 | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 8.5 | N/A | 0% |
| Others | 7.8 | 29.3 | 51.9 | 43.0 | 76.7% |
| Total | 1,287 | 2,267 | 3,315 | 2,619 | 26.7% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Bulgaria in 2022:
- Germany (69.0 tons)
- Switzerland (38.8 tons)
- Slovenia (9.5 tons)
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