Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Bulgaria - 2023

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Bulgaria (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Bulgaria (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Bulgaria
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Bulgaria

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Bulgaria (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $1,719 per unit in 2022, increasing by 310% against the previous year. In general, the import price posted a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,395 per unit), while the price for the Netherlands ($213 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+32.4%), while the prices for the other major suppliers experienced a decline.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Bulgaria (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $849 per unit, rising by 59% against the previous year. Over the period under review, the export price, however, showed a perceptible curtailment. The export price peaked at $1,360 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($895 per unit), while the average price for exports to Georgia totaled $21 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+1.3%), while the prices for the other major destinations experienced a decline.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Bulgaria

In 2022, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses into Bulgaria declined significantly to 22 units, shrinking by -79.4% compared with the previous year's figure. Over the period under review, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 346% against the previous year. Imports peaked at 329 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses fell significantly to $38K in 2022. Overall, imports saw a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 95% against the previous year. Imports peaked at $141K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Bulgaria in 2022:

1. Turkey (12.0 units)
2. China (7.0 units)
3. Russia (2.0 units)
4. Netherlands (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Bulgaria

In 2022, after three years of growth, there was significant decline in overseas shipments of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, when their volume decreased by -76.5% to 19 units. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,200% against the previous year. The exports peaked at 81 units in 2021, and then declined notably in the following year.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses declined significantly to $16K in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 5,118% against the previous year. The exports peaked at $43K in 2021, and then dropped rapidly in the following year.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Bulgaria in 2022:

1. Armenia (18.0 units)
2. Georgia (1.0 units)

Source: IndexBox Market Intelligence Platform