Musical Boxes Price in Bulgaria - 2023

Contents:

  1. Musical Boxes Price in Bulgaria (FOB) - 2022
  2. Musical Boxes Price in Bulgaria (CIF) - 2022
  3. Musical Boxes Exports in Bulgaria
  4. Musical Boxes Imports in Bulgaria

Musical Boxes Price in Bulgaria (FOB) - 2022

In 2022, the average musical boxes export price amounted to $2.1 per unit, reducing by -4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2017 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices reached the maximum at $2.1 per unit in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3.7 per unit), while the average price for exports to Germany totaled $0.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.5%).

Musical Boxes Price in Bulgaria (CIF) - 2022

In 2022, the average musical boxes import price amounted to $4.3 per unit, growing by 3.1% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2018 when the average import price increased by 41%. As a result, import price reached the peak level of $6.2 per unit. From 2019 to 2022, the average import prices remained at a 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 Romania ($14 per unit), while the price for Greece ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Musical Boxes Exports in Bulgaria

In 2022, approx. 264K units of musical boxeses were exported from Bulgaria; increasing by 4% against the previous year. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 27%. As a result, the exports attained the peak of 274K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, musical boxes exports dropped modestly to $542K in 2022. The total export value increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. Over the period under review, the exports reached the maximum at $545K in 2021, and then dropped in the following year.

Export of Musical Boxes in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24452652140318.2%
Germany177N/AN/A135-8.6%
Others3.913.324.23.5-3.5%
Total4255395455428.4%

Top Export Markets for Musical Boxes from Bulgaria in 2022:

  1. Germany (154.6K units)
  2. United States (109.3K units)

Musical Boxes Imports in Bulgaria

In 2022, musical boxes imports into Bulgaria shrank markedly to 4.8K units, which is down by -22% on 2021 figures. Over the period under review, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports reached the peak of 6.1K units, and then shrank markedly in the following year.

In value terms, musical boxes imports dropped sharply to $21K in 2022. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 64%. Over the period under review, imports attained the maximum at $27K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Musical Boxes in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland10.9N/AN/A9.4-4.8%
Hong Kong SAR1.4N/A16.36.970.2%
Romania1.1N/AN/A1.10.0%
France0.4N/A2.51.035.7%
United Kingdom1.3N/A1.10.5-27.3%
Germany2.00.50.60.5-37.0%
China8.913.35.10.5-61.7%
Greece0.21.8N/A0.1-20.6%
Others0.9N/AN/A0.7-8.0%
Total27.115.625.720.7-8.6%

Top Suppliers of Musical Boxes to Bulgaria in 2022:

  1. Switzerland (2543.0 units)
  2. Hong Kong SAR (1341.0 units)
  3. China (257.0 units)
  4. Greece (147.0 units)
  5. France (128.0 units)
  6. Germany (119.0 units)
  7. Romania (79.0 units)
  8. United Kingdom (67.0 units)

Source: IndexBox Market Intelligence Platform

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