Bulgaria - Motors Of An Output Not Exceeding 37.5 W; Other Dc Motors And Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDC Motor Price in Bulgaria - 2023
Contents:
- DC Motor Price in Bulgaria (CIF) - 2022
- DC Motor Price in Bulgaria (FOB) - 2022
- DC Motor Imports in Bulgaria
- DC Motor Exports in Bulgaria
DC Motor Price in Bulgaria (CIF) - 2022
In 2022, the average DC motor import price amounted to $40 per unit, with a decrease of -5.5% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 76%. Over the period under review, average import prices reached the maximum at $43 per unit in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($172 per unit), while the price for Hong Kong SAR ($1.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.
DC Motor Price in Bulgaria (FOB) - 2022
The average DC motor export price stood at $19 per unit in 2022, with a decrease of -7.6% against the previous year. Over the period under review, the export price faced a deep contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $156 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($433 per unit), while the average price for exports to Italy ($5.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.
DC Motor Imports in Bulgaria
DC motor imports into Bulgaria skyrocketed to 3.6M units in 2022, jumping by 20% against 2021. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, DC motor imports stood at $144M in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 75%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of DC Motor in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 29.6 | 29.8 | 35.4 | 51.5 | 20.3% |
| China | 5.8 | 11.0 | 21.1 | 36.0 | 83.8% |
| Japan | 10.7 | 15.9 | 45.3 | 31.4 | 43.2% |
| Germany | 4.1 | 5.7 | 10.0 | 7.9 | 24.4% |
| Italy | 2.7 | 2.6 | 3.4 | 3.2 | 5.8% |
| United States | 1.5 | 1.3 | 2.0 | 2.4 | 17.0% |
| Austria | 1.5 | 1.0 | 0.9 | 1.3 | -4.7% |
| Thailand | 0.6 | 0.5 | 0.8 | 0.9 | 14.5% |
| Hong Kong SAR | 0.1 | 0.1 | 0.1 | 0.9 | 108.0% |
| Others | 3.2 | 4.8 | 8.2 | 9.0 | 41.2% |
| Total | 59.8 | 72.8 | 127 | 144 | 34.0% |
Top Suppliers of DC Motor to Bulgaria in 2022:
- China (1034.8K units)
- Hong Kong SAR (535.6K units)
- Germany (438.4K units)
- Italy (368.8K units)
- Hungary (300.0K units)
- Austria (234.8K units)
- Japan (210.1K units)
- United States (178.2K units)
- Thailand (53.9K units)
DC Motor Exports in Bulgaria
For the fourth year in a row, Bulgaria recorded growth in overseas shipments of DC motors, which increased by 30% to 2M units in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 178% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, DC motor exports surged to $38M in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 128% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of DC Motor in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.5 | 2.8 | 13.8 | 18.2 | 231.4% |
| Italy | 4.4 | 3.5 | 5.4 | 5.8 | 9.6% |
| Hungary | N/A | 0.7 | 2.1 | 2.2 | 77.3% |
| Spain | 0.1 | 0.2 | 1.3 | 1.4 | 141.0% |
| Finland | N/A | N/A | 1.1 | 0.9 | -18.2% |
| Poland | 0.1 | 0.2 | 0.5 | 0.7 | 91.3% |
| Denmark | 0.7 | 0.3 | 0.4 | 0.6 | -5.0% |
| Others | 6.3 | 6.0 | 6.8 | 8.1 | 8.7% |
| Total | 12.0 | 13.8 | 31.4 | 37.7 | 46.5% |
Top Export Markets for DC Motor from Bulgaria in 2022:
- Italy (1080.3K units)
- Germany (613.4K units)
- Hungary (95.2K units)
- Poland (55.4K units)
- Spain (45.1K units)
- Finland (34.8K units)
- Denmark (28.4K units)
This report provides an in-depth analysis of the dc motor 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 27111010 - Electric motors of an output . .37,5 W (including synchronous motors . .18 W, universal AC/DC motors, AC and DC motors)
- Prodcom 27111030 - DC motors and generators of an output > .37,5 W but . .750 W (excluding starter motors for internal combustion engines)
- Prodcom 27111053 -
- Prodcom 27111055 -
- Prodcom 27111070 - DC motors and generators of an output > .75 kW but . .375 kW (excluding starter motors for internal combustion engines)
- Prodcom 27111090 - DC motors and generators of an output > .375 kW (excluding starter motors for internal combustion engines)
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
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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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In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1185
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
1248
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
787
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1185
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
1248
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
