Bulgaria: Refined Lead Market 2022

Refined Lead Market Size in Bulgaria

After five years of growth, the Bulgarian refined lead market decreased by -X% to $X in 2020. Overall, consumption, however, recorded a strong expansion. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Refined lead consumption peaked at $X in 2019, and then contracted in the following year.

Refined Lead Production in Bulgaria

In value terms, refined lead production reached $X in 2020 estimated in export prices. In general, the total production indicated a buoyant expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 when the production volume increased by X% y-o-y. Refined lead production peaked in 2020 and is expected to retain growth in years to come.

Refined Lead Exports

Exports from Bulgaria

In 2020, exports of refined lead from Bulgaria reached X tons, increasing by X% compared with the previous year's figure. The total export volume increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum in 2020 and are likely to see gradual growth in the near future.

In value terms, refined lead exports amounted to $X in 2020. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2018 to 2020, the growth exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for refined lead exports from Bulgaria, with a X% share of total exports. Moreover, refined lead exports to Turkey exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was occupied by Greece (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Turkey stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Greece (+X% per year).

In value terms, Turkey ($X) remains the key foreign market for refined lead exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Greece (+X% per year).

Export Prices by Country

In 2020, the average refined lead export price amounted to $X per ton, declining by -X% against the previous year. In general, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2020, the highest prices were recorded for prices to Romania ($X per ton) and North Macedonia ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced more modest paces of growth.

Refined Lead Imports

Imports into Bulgaria

In 2020, imports of refined lead into Bulgaria skyrocketed to X tons, increasing by X% compared with the previous year. In general, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, refined lead imports soared to $X in 2020. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to see steady growth in the near future.

Imports by Country

Serbia (X tons) and Romania (X tons) were the main suppliers of refined lead imports to Bulgaria.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (+X% per year).

In value terms, Serbia ($X) and Romania ($X) were the largest refined lead suppliers to Bulgaria.

Serbia (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average refined lead import price stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% year-to-year. The import price peaked at $X per ton in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Romania ($X per ton), while the price for Serbia amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Serbia.

Source: IndexBox Platform

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