Bulgaria - Industrial Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Automatic Sewing Machine in Bulgaria - 2023
Contents:
- Price for Industrial Automatic Sewing Machine in Bulgaria (CIF) - 2023
- Price for Industrial Automatic Sewing Machine in Bulgaria (FOB) - 2022
- Imports of Industrial Automatic Sewing Machine in Bulgaria
- Exports of Industrial Automatic Sewing Machine in Bulgaria
Price for Industrial Automatic Sewing Machine in Bulgaria (CIF) - 2023
In August 2023, the average industrial automatic sewing machine import price amounted to $282 per unit, which is down by -55.2% against the previous month. Overall, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 145% m-o-m. Over the period under review, average import prices reached the peak figure at $1,980 per unit in November 2022; however, from December 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($2,172 per unit), while the price for Turkey ($53.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Industrial Automatic Sewing Machine in Bulgaria (FOB) - 2022
In 2022, the average industrial automatic sewing machine export price amounted to $563 per unit, which is down by -56.7% against the previous year. In general, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of 330%. The export price peaked at $2,003 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($1,737 per unit), while the average price for exports to Israel ($104 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 Croatia (+45.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Industrial Automatic Sewing Machine in Bulgaria
In 2022, the amount of industrial automatic sewing machines imported into Bulgaria expanded notably to 2.4K units, surging by 6% on the year before. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 46% against the previous year. As a result, imports reached the peak of 2.9K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, industrial automatic sewing machine imports shrank modestly to $3.6M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports reached the peak of $3.7M, and then dropped slightly in the following year.
| Import of Industrial Automatic Sewing Machine in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,101 | 1,431 | 1,475 | 1,720 | 16.0% |
| Sweden | N/A | N/A | 942 | 791 | -16.0% |
| Germany | 115 | 89.8 | 86.4 | 374 | 48.2% |
| Turkey | 403 | 463 | 699 | 291 | -10.3% |
| Poland | 3.3 | N/A | 2.9 | 87.2 | 197.9% |
| France | N/A | N/A | 205 | N/A | 0% |
| Others | 970 | 362 | 296 | 326 | -30.5% |
| Total | 2,592 | 2,347 | 3,707 | 3,589 | 11.5% |
Top Suppliers of Industrial Automatic Sewing Machine to Bulgaria in 2022:
- China (1758.0 units)
- Poland (238.0 units)
- Sweden (138.0 units)
- Turkey (100.0 units)
- Germany (48.0 units)
Exports of Industrial Automatic Sewing Machine in Bulgaria
In 2022, approx. 813 units of industrial automatic sewing machines were exported from Bulgaria; jumping by 43% against the year before. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 102%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, industrial automatic sewing machine exports contracted notably to $457K in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2020 with an increase of 55% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Industrial Automatic Sewing Machine in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Albania | 135 | 166 | 83.7 | 175 | 9.0% |
| Turkey | 18.1 | 315 | 229 | 137 | 96.3% |
| Israel | N/A | N/A | N/A | 49.7 | 0% |
| Serbia | 65.3 | 16.1 | 36.6 | 47.3 | -10.2% |
| Italy | 11.6 | 459 | 66.6 | 26.7 | 32.0% |
| North Macedonia | 2.0 | N/A | 56.2 | 16.6 | 102.5% |
| Morocco | 374 | N/A | 225 | N/A | -22.4% |
| Others | 83.6 | 114 | 41.3 | 4.9 | -61.2% |
| Total | 689 | 1,070 | 739 | 457 | -12.8% |
Top Export Markets for Industrial Automatic Sewing Machine from Bulgaria in 2022:
- Israel (480.0 units)
- Albania (143.0 units)
- Turkey (79.0 units)
- Italy (44.0 units)
- Serbia (32.0 units)
- North Macedonia (26.0 units)
This report provides an in-depth analysis of the market for industrial automatic sewing machine 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:
- Prodcom 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)
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
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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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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
892
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China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
892
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
1196
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
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