Market research

Nickel articles market in Bulgaria

Nickel articles market in Bulgaria

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
English Русский
+5
  • English Русский 中文 Español Français Português Deutsch

Submission method: to your account

File format: docx, xlsx

Single Report

$500
  • Instant access to detailed data on one specific market
  • Ideal for one-off tasks: niche assessments, presentations, investment decisions
  • Available in Excel and Word in 15 minutes after purchase
  • Cheaper than subscription, but each market requires a separate purchase
Best if you know exactly what you need
Buy a single report

Platform Subscription

from$600
  • Complete and unlimited data access across products and regions
  • Includes continuous data updates during subscription period
  • Download reports instantly in Word, and Excel formats
  • More cost-effective for multiple markets or regular analysis
Ideal for regular data users
View pricing plans

Earlier Report Observations

The Bulgarian market for nickel articles expanded in physical volume from 181.2 t in 2022 to 186.1 t in 2023 and then rose sharply to 228.0 t in 2024. In value terms, the market grew to $6.2 million in 2023 but contracted to $5.5 million in 2024, indicating a significant shift in market dynamics.

The substantial volume growth in 2024 was primarily driven by a global oversupply of nickel, which lowered raw material prices and made nickel articles more affordable, stimulating consumption. This period also saw the entry into force of the EU's General Product Safety Regulation in December 2024, introducing new compliance requirements for suppliers and likely prompting market adjustments ahead of the deadline.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2022-2024
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2022-2024
      2. 4.1.2. In value
        1. 4.1.2.1. Production, 2022-2024
        2. 4.1.2.2. Imports, 2018-2024
        3. 4.1.2.3. Exports, 2018-2024
        4. 4.1.2.4. Market size, 2022-2024
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Bulgaria
      1. 5.1.1. In kind, 2022-2024, kg
      2. 5.1.2. In value, 2022-2024, K $ US
    2. 5.2. Production in the EU, 2018-2024
      1. 5.2.1. In kind, 2018-2024, kg
      2. 5.2.2. In value, 2018-2024, K $ US
  6. 6. Imports
    1. 6.1. Imports (Direct Data)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's imports, $ US/kg
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/kg
        2. 6.1.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/kg
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, t
        1. 6.2.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's imports, $ US/kg
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/kg
        2. 6.2.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/kg
  7. 7. Exports
    1. 7.1. Exports (Direct Data)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/kg
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/kg
        2. 7.1.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/kg
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/kg
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/kg
        2. 7.2.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/kg
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production nickel articles in Bulgaria

According to Faostat, there is no production of nickel articles in Bulgaria.

Exports nickel articles from Bulgaria

Exports in kind, t

Market behavior showed significant volatility during this period. In 2018, volumes reached their lowest point at 0.1 tons, then surged dramatically in 2019 with a 710.6% increase. The following year, 2020, saw nickel article exports from Bulgaria reach 1.3 tons, representing a substantial 42.5% rise compared to 2019. The most significant decline occurred in 2018 with a 99.6% drop. Overall, from the peak in 2017 to the trough in 2018, export volumes varied by a factor of 265.

Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year(99.6%)710.6%42.5%(64.8%)
Source: SHEV.io

Between 2017 and 2020, Italy and France together consistently represented 92.1% of Bulgaria's total nickel article exports in volume terms, demonstrating a highly concentrated market structure with numerous smaller markets accounting for the remaining share.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Bulgaria in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The export market displayed notable volatility throughout the observed period. In 2019, values peaked at 352 thousand US dollars, then plummeted in 2020 to just 21 thousand US dollars - a 94.0% decrease compared to the previous year. The most substantial increase occurred in 2019 with a 649.4% rise. Overall, between the maximum in 2019 and minimum in 2020, export values shifted by a factor of 17.

Annual dynamics of product's exports from Bulgaria in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year(42.7%)649.4%(94.0%)(36.4%)
Source: SHEV.io

From 2017 to 2020, Ukraine dominated Bulgaria's nickel article exports in value terms, accounting for 76.8% of total flows, while other trading partners maintained relatively minor shares in the market.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Bulgaria in value, 2017-2020

Source: SHEV.io

Imports nickel articles to Bulgaria

Imports in kind, t

Nickel article imports into Bulgaria declined for the third consecutive year in 2020. Between 2017 and 2020, imports decreased by 62%, equivalent to an annualized reduction rate of 27.6%. In 2020 specifically, Bulgaria imported nickel articles totaling {value_last_year} tons, representing a 33.8% decrease compared to the previous year.

Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year(18.1%)(29.9%)(33.8%)(27.6%)
Source: SHEV.io

Throughout the 2017-2020 period, Germany maintained a dominant position in Bulgaria's nickel article import structure in volume terms, capturing 85.2% of total flows, with other markets holding comparatively modest shares.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bulgaria in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Nickel article imports into Bulgaria continued their downward trend for the third straight year in 2020. Between 2017 and 2020, import values fell by 40.2%, translating to an annualized decline of 15.8%. In 2020 specifically, Bulgaria imported nickel articles worth {value_last_year} thousand US dollars, marking a significant 18.8% reduction versus the previous year.

Annual dynamics of product's imports to Bulgaria in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year(1.2%)(25.4%)(18.8%)(15.8%)
Source: SHEV.io

From 2017 to 2020, Germany remained the primary source for Bulgaria's nickel article imports in value terms, accounting for 78.6% of total flows, while the remaining volume was distributed across numerous other destinations.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bulgaria in value, 2017-2020

Source: SHEV.io

Related Reports

Iron or steel towers and lattice masts market in Bulgaria

Iron or steel towers and lattice masts market in Bulgaria

2026-03-30

Iron or steel reservoirs and tanks with capacity >300 l market in Bulgaria

Iron or steel reservoirs and tanks with capacity >300 l market in Bulgaria

2026-03-30

Rivets market in Bulgaria

Rivets market in Bulgaria

2026-03-30

Al doors, windows, frames and thresholds market in Bulgaria

Al doors, windows, frames and thresholds market in Bulgaria

2026-03-30

Why Choose Us?

Only Verified Data

We provide data exclusively verified by trusted sources and our proprietary validation algorithms.
Сompetitors offer unverified rough estimates, which can differ greatly from reality and therefore cannot be reliably used for decision-making

No Hidden Costs or Separate Fees

All critical data is included in our reports at no extra cost (e.g. top importers and exporters)
Competitors charge separately for essential sections, making their final reports significantly more expensive compared to ours

Smarter Subscription Pricing

Our subscription plans are among the best on the market, offering excellent value and flexibility
Competitors typically set significantly higher prices while offering fewer features and more limited data access

Contact Our Team

Submit your inquiry using the form below — our team will get back to you within 24 hours.

Contact Us

Let us know how we can assist you

By clicking "Submit", you accept our Privacy Policy

We use cookies to enhance your browsing experience, serve personalized content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies. You can manage your preferences or learn more in our Privacy Policy.