Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bulgaria - 2023

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bulgaria (FOB) - 2022
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bulgaria (CIF) - 2023
3. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bulgaria
4. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bulgaria

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bulgaria (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $31,681 per ton, jumping by 25% against the previous year. Over the period under review, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 39%. 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 Greece ($72,413 per ton), while the average price for exports to Canada ($7,160 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bulgaria (CIF) - 2023

In November 2023, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $31,948 per ton, dropping by -44.1% against the previous month. Over the period under review, the import price continues to indicate a noticeable decline. The pace of growth was the most pronounced in February 2023 an increase of 47% month-to-month. As a result, import price reached the peak level of $64,091 per ton. From March 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($75,950 per ton), while the price for China ($5,003 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bulgaria

In 2022, approx. 358 tons of machine-tools; parts and accessories, tool holders and self-opening dieheadses were exported from Bulgaria; which is down by -4.8% compared with 2021 figures. In general, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 17%.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses surged to $11M in 2022. Over the period under review, total exports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Bulgaria in 2022:

1. Germany (239.9 tons)
2. Greece (44.4 tons)
3. United Kingdom (13.3 tons)
4. United States (10.2 tons)
5. Canada (9.0 tons)
6. Czech Republic (7.2 tons)
7. Switzerland (3.4 tons)

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bulgaria

Imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses into Bulgaria skyrocketed to 187 tons in 2022, rising by 36% against the previous year. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses soared to $6.7M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Bulgaria in 2022:

1. Germany (50.5 tons)
2. China (46.7 tons)
3. Italy (30.4 tons)
4. Turkey (11.8 tons)
5. Czech Republic (7.4 tons)
6. Greece (6.2 tons)
7. Lithuania (5.0 tons)
8. Poland (4.2 tons)
9. Romania (3.6 tons)
10. Estonia (3.2 tons)
11. Belgium (3.0 tons)
12. Taiwan (Chinese) (2.6 tons)
13. Netherlands (2.5 tons)

Source: IndexBox Market Intelligence Platform