Bulgaria: Metal Bath Market 2025

Metal Bath Market Size in Bulgaria

The Bulgarian metal bath market dropped to $X in 2021, which is down by -9.2% against the previous year. In general, consumption, however, continues to indicate a noticeable curtailment. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Metal Bath Production in Bulgaria

In value terms, metal bath production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Metal Bath Exports

Exports from Bulgaria

In 2021, approx. X tons of baths of iron or steel were exported from Bulgaria; with an increase of 160% against 2020. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2014 with an increase of 765%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, metal bath exports surged to $X in 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 762%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Greece (X tons) was the main destination for metal bath exports from Bulgaria, with a 70% share of total exports. Moreover, metal bath exports to Greece exceeded the volume sent to the second major destination, Serbia (X tons), sixfold. The third position in this ranking was held by Cyprus (X tons), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to Greece stood at -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+2.7% per year) and Cyprus (-25.7% per year).

In value terms, Greece ($X) remains the key foreign market for baths of iron or steel exports from Bulgaria, comprising 61% of total exports. The second position in the ranking was taken by Serbia ($X), with an 11% share of total exports. It was followed by Moldova, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value to Greece was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+13.1% per year) and Moldova (-18.3% per year).

Export Prices by Country

In 2021, the average metal bath export price amounted to $X per ton, surging by 19% against the previous year. In general, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 116%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, 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 Moldova ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Bath Imports

Imports into Bulgaria

In 2021, approx. X tons of baths of iron or steel were imported into Bulgaria; picking up by 107% against 2020. Overall, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal bath imports skyrocketed to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 102%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest metal bath supplier to Bulgaria, accounting for a 60% share of total imports. Moreover, metal bath imports from Spain exceeded the figures recorded by the second-largest supplier, Romania (X tons), more than tenfold. Turkey (X kg) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +49.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+54.6% per year) and Turkey (-22.4% per year).

In value terms, Spain ($X) constituted the largest supplier of baths of iron or steel to Bulgaria, comprising 83% of total imports. The second position in the ranking was taken by Romania ($X), with a 5.1% share of total imports. It was followed by the UK, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +38.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+41.6% per year) and the UK (-11.9% per year).

Import Prices by Country

In 2021, the average metal bath import price amounted to $X per ton, reducing by -25.9% against the previous year. Overall, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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