Bulgaria: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm in Bulgaria

The Bulgarian market for aluminium plates, sheets and strip of thickness over X mm contracted markedly to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Bulgaria

Exports of aluminium plates, sheets and strip of thickness over X mm from Bulgaria contracted significantly to X tons in 2022, falling by X% on 2021. In general, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm reduced markedly to $X in 2022. Overall, exports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then reduced markedly in the following year.

Exports by Country

North Macedonia (X tons), Romania (X tons) and Serbia (X tons) were the main destinations of exports of aluminium plates, sheets and strip of thickness over X mm from Bulgaria, together accounting for X% of total exports. Croatia, Turkey, Cyprus, Bosnia and Herzegovina, Germany, Slovenia and Greece lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cyprus (with a CAGR of X.3%), while the other leaders experienced more modest paces of growth.

In value terms, North Macedonia ($X), Romania ($X) and Serbia ($X) constituted the largest markets for aluminium plate, sheet and strip of thickness over X mm exported from Bulgaria worldwide, with a combined X% share of total exports. Turkey, Croatia, Bosnia and Herzegovina, Cyprus, Slovenia, Germany and Greece lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Cyprus, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2022, picking up by X% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium plates, sheets and strip of thickness over X mm increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 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 Turkey ($X per ton), while the average price for exports to Cyprus ($X 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 Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Bulgaria

In 2022, approx. X tons of aluminium plates, sheets and strip of thickness over X mm were imported into Bulgaria; which is down by X% on the previous year. In general, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm declined to $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Turkey (X tons) and China (X tons) were the main suppliers of imports of aluminium plates, sheets and strip of thickness over X mm to Bulgaria, together accounting for X% of total imports. Poland, Germany, Romania, Greece, Slovenia, Norway and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Turkey ($X) and Germany ($X) were the largest aluminium plate, sheet and strip of thickness over X mm suppliers to Bulgaria, with a combined X% share of total imports. Poland, China, Greece, Slovenia, Norway, Romania and Austria lagged somewhat behind, together accounting for a further X%.

Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2022, rising by X% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium plates, sheets and strip of thickness over X mm increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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