Bulgaria - Electrical Parts Of Machinery Or Apparatus - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMachinery Electrical Parts Price in Bulgaria - 2021
Contents:
- Machinery Electrical Parts Price in Bulgaria (CIF) - 2022
- Machinery Electrical Parts Price in Bulgaria (FOB) - 2022
- Machinery Electrical Parts Imports in Bulgaria
- Machinery Electrical Parts Exports in Bulgaria
Machinery Electrical Parts Price in Bulgaria (CIF) - 2022
In 2022, the average machinery electrical parts import price amounted to $48,291 per ton, increasing by 28% against the previous year. Overall, the import price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 52%. The import price peaked at $89,785 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($199,568 per ton), while the price for China ($20,284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Montenegro (+81.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Machinery Electrical Parts Price in Bulgaria (FOB) - 2022
The average machinery electrical parts export price stood at $1,322 per ton in 2022, shrinking by -92% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2020 when the average export price increased by 375% against the previous year. The export price peaked at $16,462 per ton in 2021, and then dropped rapidly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($6,985 per ton), while the average price for exports to China ($620 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 Germany (-4.3%), while the prices for the other major destinations experienced a decline.
Machinery Electrical Parts Imports in Bulgaria
In 2022, machinery electrical parts imports into Bulgaria dropped dramatically to 57 tons, shrinking by -27.4% compared with the year before. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports reached the peak of 79 tons, and then declined remarkably in the following year.
In value terms, machinery electrical parts imports fell to $2.8M in 2022. In general, imports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year.
| Import of Machinery Electrical Parts in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 606 | 489 | 726 | 685 | 4.2% |
| Belgium | 3.2 | 9.9 | 481 | 454 | 421.6% |
| United States | 722 | 678 | 31.3 | 429 | -15.9% |
| Netherlands | 682 | 114 | 335 | 343 | -20.5% |
| Czech Republic | 93.8 | 567 | 337 | 318 | 50.2% |
| Hungary | 621 | 10.5 | 5.4 | 191 | -32.5% |
| France | 165 | 138 | 167 | 157 | -1.6% |
| China | 11.4 | 70.6 | 110 | 104 | 109.0% |
| Montenegro | 49.2 | 29.3 | N/A | N/A | -40.4% |
| Turkey | N/A | 413 | 485 | N/A | 17.4% |
| Others | 154 | 35.4 | 302 | 84.5 | -18.1% |
| Total | 3,108 | 2,554 | 2,979 | 2,766 | -3.8% |
Top Suppliers of Machinery Electrical Parts to Bulgaria in 2022:
- Germany (32.1 tons)
- China (5.1 tons)
- Netherlands (4.9 tons)
- Czech Republic (4.1 tons)
- Hungary (3.3 tons)
- Belgium (2.3 tons)
- France (1.6 tons)
- United States (1.3 tons)
Machinery Electrical Parts Exports in Bulgaria
Machinery electrical parts exports from Bulgaria surged to 607 tons in 2022, increasing by 825% compared with the previous year's figure. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, machinery electrical parts exports shrank dramatically to $803K in 2022. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 106%. As a result, the exports attained the peak of $1.1M, and then declined dramatically in the following year.
| Export of Machinery Electrical Parts in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 12.7 | 236 | 780 | 623 | 266.1% |
| Germany | 113 | 103 | 60.6 | 69.8 | -14.8% |
| China | 11.6 | 2.3 | 26.9 | 21.5 | 22.8% |
| Hong Kong SAR | 17.2 | N/A | N/A | N/A | 0% |
| India | 28.6 | N/A | N/A | N/A | 0% |
| Philippines | 95.3 | N/A | 156 | N/A | 27.9% |
| Others | 361 | 183 | 56.9 | 88.1 | -37.5% |
| Total | 639 | 524 | 1,081 | 803 | 7.9% |
Top Export Markets for Machinery Electrical Parts from Bulgaria in 2022:
- Malaysia (560.0 tons)
- China (34.7 tons)
- Germany (10.0 tons)
This report provides an in-depth analysis of the machinery electrical parts 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 27903390 - Electrical parts of machinery or apparatus, n.e.c.
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
284
This report provides an in-depth analysis of the machinery electrical parts market in Bulgaria.
409
This report provides an in-depth analysis of the global machinery electrical parts market.
284
This report provides an in-depth analysis of the machinery electrical parts market in Bulgaria.
409
This report provides an in-depth analysis of the global machinery electrical parts market.
Nothing found. Please try again.
