Bulgaria: Market for Carbon Electrodes Not For Furnaces 2025

Market Size for Carbon Electrodes Not For Furnaces in Bulgaria

The Bulgarian market for carbon electrodes not for furnaces expanded to $X in 2022, surging by X% against the previous year. Overall, consumption saw a significant increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Carbon Electrodes Not For Furnaces in Bulgaria

In value terms, carbon electrode not for furnaces production expanded slightly to $X in 2022 estimated in export price. In general, production showed a significant expansion. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Carbon Electrodes Not For Furnaces

Exports from Bulgaria

Carbon electrode not for furnaces exports from Bulgaria reduced dramatically to X kg in 2022, waning by X% compared with 2021. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, carbon electrode not for furnaces exports reduced markedly to $X in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Switzerland (X kg), North Macedonia (X kg) and Serbia (X kg) were the main destinations of carbon electrode not for furnaces exports from Bulgaria, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for North Macedonia (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for carbon electrode not for furnaces exported from Bulgaria were Switzerland ($X), North Macedonia ($X) and Serbia ($X).

Switzerland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for carbon electrodes not for furnaces amounted to $X per ton, approximately equating the previous year. In general, the export price, however, recorded a significant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X,800 per ton), while the average price for exports to Serbia ($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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbon Electrodes Not For Furnaces

Imports into Bulgaria

In 2022, purchases abroad of carbon electrodes not for furnaces increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted tangible growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, carbon electrode not for furnaces imports surged to $X in 2022. Overall, imports saw a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and Sweden (X tons) were the main suppliers of carbon electrode not for furnaces imports to Bulgaria, with a combined X% share of total imports.

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

In value terms, Italy ($X), Germany ($X) and Sweden ($X) were the largest carbon electrode not for furnaces suppliers to Bulgaria, with a combined X% share of total imports.

In terms of the main suppliers, Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 carbon electrodes not for furnaces stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in years to come.

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 Poland ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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