The market for iron or non-alloy steel wire containing less than 0.25% of carbon in Bulgaria has seen a progressive increase in size over the past decade, standing at 30.901 million kilograms in 2023. Over the last two years, the market witnessed growth rates of 5% in 2022 and 4.72% in 2023. Over the last five years, the compound annual growth rate (CAGR) was 4.33%, highlighting a steady expansion.
Future trends to watch for include:
- Potential impacts of global supply chain adjustments on market dynamics.
- Advancements in production technology and their effects on efficiency and cost.
- Shifts in local demand due to economic conditions and infrastructure development.
How does Bulgaria rank in Iron or Non-Alloy Steel Wire Containing Less than 0.25% of Carbon Market Size Volume?
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 426,140,000 | 2023 | -6.87% | -3.91% | View data |
| 2 | 2 Poland | 382,920,000 | 2023 | +2.66% | -0.79% | View data |
| 3 | 3 Belgium | 259,440,000 | 2023 | -0.1% | -0.95% | View data |
| 4 | 4 Czech Republic | 200,960,000 | 2023 | +3.75% | +3.65% | View data |
| 5 | 5 Spain | 173,630,000 | 2023 | +0.48% | +0.044% | View data |
| 8 | 8 Hungary | 43,050,000 | 2023 | +2.81% | +3.03% | View data |
| 9 | 9 Portugal | 33,799,000 | 2023 | -3.26% | -5.29% | View data |
| 10 | 10 Bulgaria | 30,901,000 | 2023 | +4.72% | +4.33% | |
| 11 | 11 Finland | 18,755,000 | 2023 | -0.81% | -1.85% | View data |
