Bulgaria - In-Hand Motor Grinders, Sanders And Planers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria - 2024
Contents:
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria (CIF) - 2024
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria (FOB) - 2024
- Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria
- Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria (CIF) - 2024
The average import price for in-hand motor grinders, sanders and planers stood at $65.1 per unit in January 2024, picking up by 23% against the previous month. Over the period under review, import price indicated moderate growth from January 2023 to January 2024: its price increased at an average monthly rate of +4.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for in-hand motor grinders, sanders and planers increased by +67.5% against July 2023 indices. The growth pace was the most rapid in April 2023 an increase of 133% m-o-m. As a result, import price reached the peak level of $75.5 per unit. From May 2023 to January 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the UK ($125 per unit), while the price for Turkey ($11.6 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Turkey (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria (FOB) - 2024
The average export price for in-hand motor grinders, sanders and planers stood at $120 per unit in January 2024, picking up by 15% against the previous month. In general, the export price, however, continues to indicate a noticeable decline. The pace of growth was the most pronounced in September 2023 an increase of 47% month-to-month. Over the period under review, the average export prices attained the peak figure at $160 per unit in January 2023; however, from February 2023 to January 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bosnia and Herzegovina ($194 per unit), while the average price for exports to Moldova ($16.8 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria
For the fourth year in a row, Bulgaria recorded growth in supplies from abroad of in-hand motor grinders, sanders and planers, which increased by 30% to 1M units in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 38%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of in-hand motor grinders, sanders and planers skyrocketed to $38M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 4.3 | 5.9 | 12.5 | 50.1% |
| China | 4.0 | 4.4 | 7.1 | 9.2 | 32.0% |
| Romania | 3.0 | 4.0 | 6.3 | 6.1 | 26.7% |
| Poland | 0.9 | 0.9 | 1.7 | 2.9 | 47.7% |
| Austria | 2.4 | 2.2 | 2.5 | 2.9 | 6.5% |
| Others | 2.1 | 2.3 | 3.2 | 4.2 | 26.0% |
| Total | 16.2 | 18.1 | 26.8 | 37.8 | 32.6% |
Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to Bulgaria in 2022:
- China (477.7K units)
- Germany (357.9K units)
- Romania (86.4K units)
- Poland (47.2K units)
- Austria (19.3K units)
Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria
In 2022, after three years of growth, there was significant decline in shipments abroad of in-hand motor grinders, sanders and planers, when their volume decreased by -28% to 60K units. In general, total exports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 36%. As a result, the exports reached the peak of 84K units, and then fell notably in the following year.
In value terms, exports of in-hand motor grinders, sanders and planers shrank slightly to $4.9M in 2022. The total export value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 31%. Over the period under review, the exports of attained the maximum at $4.9M in 2021, and then shrank modestly in the following year.
| Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1,476 | 1,394 | 1,770 | 1,981 | 10.3% |
| Greece | 545 | 468 | 691 | 593 | 2.9% |
| Germany | 116 | 82.3 | 515 | 483 | 60.9% |
| Serbia | 214 | 288 | 273 | 271 | 8.2% |
| Poland | 91.4 | 69.7 | 427 | 255 | 40.8% |
| Bosnia and Herzegovina | 87.4 | 69.8 | 142 | 143 | 17.8% |
| Lithuania | N/A | 16.5 | 76.4 | 141 | 192.3% |
| Netherlands | 2.9 | 20.4 | N/A | 132 | 257.0% |
| Ireland | N/A | 3.7 | 37.2 | 123 | 476.6% |
| Spain | 25.0 | 11.6 | 47.4 | 110 | 63.9% |
| North Macedonia | 104 | 90.0 | 140 | 65.3 | -14.4% |
| Turkey | 35.4 | 1.7 | 20.2 | 48.3 | 10.9% |
| Georgia | 19.0 | 31.9 | 44.7 | 33.0 | 20.2% |
| Others | 870 | 2,137 | 702 | 474 | -18.3% |
| Total | 3,585 | 4,685 | 4,887 | 4,853 | 10.6% |
Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from Bulgaria in 2022:
- Romania (26.7K units)
- Greece (5.3K units)
- Germany (4.8K units)
- Turkey (2.5K units)
- Poland (2.2K units)
- Serbia (2.1K units)
- North Macedonia (2.1K units)
- Bosnia and Herzegovina (2.1K units)
- Netherlands (2.0K units)
- Lithuania (1.5K units)
- Georgia (1.5K units)
- Ireland (1.4K units)
- Spain (1.0K units)
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor 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:
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
-
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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