Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria - 2023

Contents:

  1. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria (CIF) - 2022
  2. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria (FOB) - 2022
  3. Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria
  4. Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria (CIF) - 2022

In 2022, the average import price for generators amounted to $77 per unit, increasing by 18% against the previous year. Overall, the import price saw a strong expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 83%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($509 per unit), while the price for Italy ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria (FOB) - 2022

The average export price for generators stood at $260 per unit in 2022, picking up by 73% against the previous year. Overall, the export price saw a buoyant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 503% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($1,485 per unit), while the average price for exports to Germany ($54 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 Slovakia (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria

Imports of generators into Bulgaria reduced rapidly to 5.4K units in 2022, with a decrease of -16.4% compared with 2021. Over the period under review, imports recorded a abrupt shrinkage. The smallest decline of -2.2% was in 2020. Over the period under review, imports of reached the peak figure at 9K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of generators fell slightly to $411K in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. Over the period under review, imports of reached the maximum at $415K in 2021, and then reduced in the following year.

Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland123155166108-4.2%
United KingdomN/AN/A6.380.31174.6%
Italy95.010575.576.3-7.0%
Turkey23.221.112.447.527.0%
China34.071.499.417.3-20.2%
Others45.551.655.481.821.6%
Total3214054154118.6%

Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Bulgaria in 2022:

  1. Italy (4847.0 units)
  2. China (174.0 units)
  3. United Kingdom (158.0 units)
  4. Turkey (108.0 units)
  5. Switzerland (14.0 units)

Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria

In 2022, overseas shipments of generators were finally on the rise to reach 553 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a sharp descent. Over the period under review, the exports of hit record highs at 1.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of generators surged to $144K in 2022. In general, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/AN/A87.60%
Germany31.328.714.015.8-20.4%
SingaporeN/A1.65.911.5168.1%
IndonesiaN/A1.31.29.5170.3%
IranN/AN/AN/A8.20%
United KingdomN/AN/A3.04.550.0%
United States26.26.91.80.4-75.2%
China10.413.76.1N/A-23.4%
Others39.234.920.05.9-46.8%
Total10786.952.114410.4%

Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Bulgaria in 2022:

  1. Germany (293.0 units)
  2. Singapore (65.0 units)
  3. Ukraine (59.0 units)
  4. Indonesia (48.0 units)
  5. Iran (42.0 units)
  6. United Kingdom (26.0 units)
  7. United States (3.0 units)

Source: IndexBox Market Intelligence Platform

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