Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Bulgaria - 2023

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Bulgaria (FOB) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Bulgaria (CIF) - 2022
3. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Bulgaria
4. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Bulgaria

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Bulgaria (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $57,692 per unit in 2022, picking up by 11% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -15.1% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 30%. Over the period under review, the average export prices hit record highs at $67,950 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($99,733 per unit), while the average price for exports to Italy ($3,673 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 the Czech Republic (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Bulgaria (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $28,922 per unit in 2022, with a decrease of -70% against the previous year. Overall, the import price recorded a dramatic decrease. The growth pace was the most rapid in 2021 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $96,289 per unit, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($57,779 per unit), while the price for the Netherlands ($8,119 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+149.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Bulgaria

In 2022, overseas shipments of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -20.5% to 66 units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 85%. As a result, the exports reached the peak of 231 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses fell to $3.8M in 2022. Overall, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 81% against the previous year. As a result, the exports reached the peak of $15M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Bulgaria in 2022:

1. Mexico (31.0 units)
2. China (13.0 units)
3. South Korea (11.0 units)
4. Italy (9.0 units)
5. Turkey (2.0 units)

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Bulgaria

Imports of casting machines; of a kind used in metallurgy or in metal foundrieses into Bulgaria skyrocketed to 92 units in 2022, increasing by 37% compared with 2021 figures. Over the period under review, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses declined sharply to $2.7M in 2022. Overall, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports attained the peak of $6.5M, and then fell rapidly in the following year.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Bulgaria in 2022:

1. China (36.0 units)
2. Netherlands (25.0 units)
3. Italy (19.0 units)
4. Hong Kong SAR (7.0 units)
5. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform