Price for Electric Motors; AC Motors, Single-Phase in Bulgaria - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Bulgaria (FOB) - 2023
- Price for Electric Motors; AC Motors, Single-Phase in Bulgaria (CIF) - 2023
- Exports of Electric Motors; AC Motors, Single-Phase in Bulgaria
- Imports of Electric Motors; AC Motors, Single-Phase in Bulgaria
Price for Electric Motors; AC Motors, Single-Phase in Bulgaria (FOB) - 2023
The average export price for electric motors; AC motors, single-phases stood at $16.5 per unit in June 2023, falling by -6.1% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 22% month-to-month. Over the period under review, the average export prices hit record highs at $18.5 per unit in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In June 2023, the country with the highest price was the UK ($23.6 per unit), while the average price for exports to Italy ($16.1 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Single-Phase in Bulgaria (CIF) - 2023
The average import price for electric motors; AC motors, single-phases stood at $15.7 per unit in June 2023, jumping by 152% against the previous month. Over the period under review, the import price, however, recorded a slight downturn. The import price peaked at $24.8 per unit in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($203 per unit), while the price for China ($10.2 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electric Motors; AC Motors, Single-Phase in Bulgaria
In 2022, the amount of electric motors; AC motors, single-phases exported from Bulgaria surged to 257K units, with an increase of 25% compared with the previous year's figure. The total export volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric motors; AC motors, single-phase exports skyrocketed to $3.9M in 2022. The total export value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 24%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Electric Motors; AC Motors, Single-Phase in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,064 | 1,549 | 1,803 | 2,514 | 6.8% |
| China | N/A | N/A | 234 | 346 | 47.9% |
| Egypt | 469 | 560 | 437 | 90.8 | -42.1% |
| Romania | 20.4 | 20.7 | 18.1 | 26.7 | 9.4% |
| Others | 457 | 552 | 842 | 965 | 28.3% |
| Total | 3,009 | 2,682 | 3,334 | 3,943 | 9.4% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Bulgaria in 2022:
- Italy (228.7K units)
- China (10.8K units)
- Romania (5.8K units)
- Egypt (1.8K units)
Imports of Electric Motors; AC Motors, Single-Phase in Bulgaria
In 2022, after three years of growth, there was decline in overseas purchases of electric motors; AC motors, single-phases, when their volume decreased by -3.7% to 113K units. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 105%. As a result, imports reached the peak of 118K units, and then dropped in the following year.
In value terms, electric motors; AC motors, single-phase imports shrank to $2.7M in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 59% against the previous year. As a result, imports attained the peak of $3.1M, and then dropped in the following year.
| Import of Electric Motors; AC Motors, Single-Phase in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 541 | 540 | 1,143 | 813 | 14.5% |
| China | 393 | 401 | 603 | 655 | 18.6% |
| France | 223 | 267 | 274 | 273 | 7.0% |
| Turkey | 66.6 | 472 | 283 | 200 | 44.3% |
| Spain | 102 | 25.4 | 81.3 | 72.3 | -10.8% |
| Others | 214 | 241 | 706 | 711 | 49.2% |
| Total | 1,539 | 1,946 | 3,091 | 2,725 | 21.0% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Bulgaria in 2022:
- China (67.9K units)
- Italy (27.1K units)
- France (5.0K units)
- Turkey (4.4K units)
- Spain (1.9K units)
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This report provides an in-depth analysis of the ac/dc motor market in Bulgaria.
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This report provides an in-depth analysis of the global dc motor market.
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This report provides an in-depth analysis of the ac/dc motor market in Bulgaria.
476
This report provides an in-depth analysis of the dc motor market in Bulgaria.
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This report provides an in-depth analysis of the global ac/dc motor market.
1046
This report provides an in-depth analysis of the global dc motor market.
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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
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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
1270
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
73
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
805
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...
1200
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
