Bulgaria - Iron Or Steel Rivets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Rivet Price in Bulgaria - 2023
Contents:
- Metal Rivet Price in Bulgaria (CIF) - 2023
- Metal Rivet Price in Bulgaria (FOB) - 2022
- Metal Rivet Imports in Bulgaria
- Metal Rivet Exports in Bulgaria
Metal Rivet Price in Bulgaria (CIF) - 2023
The average metal rivet import price stood at $9,327 per ton in June 2023, rising by 4.8% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 31% against the previous month. Over the period under review, average import prices attained the peak figure at $9,330 per ton in June 2022; afterwards, it flattened through to June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Romania ($191K per ton), while the price for Italy ($5,999 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Romania (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Rivet Price in Bulgaria (FOB) - 2022
In 2022, the average metal rivet export price amounted to $9,262 per ton, with an increase of 21% against the previous year. Overall, the export price saw a moderate increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 160% against the previous year. The export price peaked at $13,064 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($112,000 per ton), while the average price for exports to Poland ($1,783 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 Hungary (+880.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Rivet Imports in Bulgaria
Metal rivet imports into Bulgaria fell to 415 tons in 2022, which is down by -5.2% on the previous year. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 438 tons, and then fell in the following year.
In value terms, metal rivet imports reduced to $2.9M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. As a result, imports attained the peak of $3.1M, and then dropped in the following year.
| Import of Metal Rivet in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,613 | 1,513 | 2,093 | 1,710 | 2.0% |
| Spain | 230 | 167 | 179 | 250 | 2.8% |
| Italy | 110 | 216 | 260 | 247 | 30.9% |
| Turkey | 57.9 | 43.0 | 44.6 | 206 | 52.7% |
| Romania | 26.1 | 21.5 | 103 | 101 | 57.0% |
| China | 77.4 | 83.9 | 175 | 94.8 | 7.0% |
| Others | 187 | 200 | 260 | 264 | 12.2% |
| Total | 2,301 | 2,245 | 3,115 | 2,873 | 7.7% |
Top Suppliers of Metal Rivet to Bulgaria in 2022:
- Germany (201.7 tons)
- Turkey (66.7 tons)
- Romania (39.7 tons)
- Italy (34.1 tons)
- Spain (29.5 tons)
- China (24.6 tons)
Metal Rivet Exports in Bulgaria
In 2022, exports of iron or steel rivets from Bulgaria surged to 11 tons, increasing by 43% compared with the previous year's figure. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 179% against the previous year. As a result, the exports reached the peak of 13 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal rivet exports soared to $103K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Metal Rivet in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.8 | 6.4 | 5.5 | 39.4 | 79.6% |
| Switzerland | 21.8 | 20.6 | 22.3 | 28.3 | 9.1% |
| Romania | 7.0 | 13.4 | 26.1 | 19.5 | 40.7% |
| Greece | 0.3 | 0.8 | 1.3 | 1.4 | 67.1% |
| Poland | N/A | N/A | 0.7 | 0.9 | 28.6% |
| Moldova | 0.2 | 3.4 | 1.7 | 0.4 | 26.0% |
| Hungary | N/A | 6.2 | N/A | 0.1 | -87.3% |
| Others | 7.3 | 20.6 | 2.0 | 13.3 | 22.1% |
| Total | 43.4 | 71.4 | 59.6 | 103 | 33.4% |
Top Export Markets for Metal Rivet from Bulgaria in 2022:
- Hungary (undefined tons)
- Germany (4.5 tons)
- Romania (2.6 tons)
- Switzerland (2.5 tons)
- Poland (0.5 tons)
- Greece (0.3 tons)
- Moldova (0.1 tons)
This report provides an in-depth analysis of the metal rivet market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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