Bulgaria - Pulley Tackle And Hoists Powered By An Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Bulgaria - Pulley Tackle And Hoists Powered By An Electric Motor - Market Analysis, Forecast, Size, Trends And Insights

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Price for Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria - 2023

Contents:

  1. Price for Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria (FOB) - 2023
  2. Price for Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria (CIF) - 2022
  3. Exports of Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria
  4. Imports of Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria

Price for Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria (FOB) - 2023

The average export price for pulley tackle and hoists powered by an electric motor stood at $1,262 per unit in October 2023, picking up by 8.3% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in April 2023 an increase of 19% month-to-month. Over the period under review, the average export prices attained the maximum at $1,397 per unit in August 2023; afterwards, it flattened through to October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($1,355 per unit), while the average price for exports to Egypt ($754 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria (CIF) - 2022

In 2022, the average import price for pulley tackle and hoists powered by an electric motor amounted to $586 per unit, dropping by -5% against the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 52%. As a result, import price reached the peak level of $1,400 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($2,627 per unit), while the price for China ($304 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria

In 2022, approx. 12K units of pulley tackle and hoists powered by an electric motor were exported from Bulgaria; declining by -3.8% against the previous year's figure. Overall, exports showed a perceptible slump. The growth pace was the most rapid in 2021 when exports increased by 1.2%. The exports peaked at 14K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of pulley tackle and hoists powered by an electric motor rose remarkably to $40M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 8.7% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia20.622.223.412.6-15.1%
Turkey0.10.20.39.6357.9%
Iran1.82.73.26.351.8%
Poland1.81.41.71.6-3.9%
Egypt0.70.61.11.426.0%
Ukraine1.61.31.60.9-17.5%
Serbia0.40.40.60.720.5%
Uzbekistan0.10.1N/A0.791.3%
Slovakia0.70.40.70.70.0%
Spain0.80.40.30.2-37.0%
Others5.05.04.85.00.0%
Total33.634.737.739.95.9%

Top Export Markets for Pulley Tackle and Hoists Powered by an Electric Motor from Bulgaria in 2022:

  1. Russia (4.4K units)
  2. Turkey (2.9K units)
  3. Iran (1.7K units)
  4. Poland (0.5K units)
  5. Egypt (0.4K units)
  6. Ukraine (0.2K units)
  7. Serbia (0.2K units)
  8. Uzbekistan (0.2K units)
  9. Slovakia (0.1K units)
  10. Spain (0.1K units)

Imports of Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria

In 2022, overseas purchases of pulley tackle and hoists powered by an electric motor were finally on the rise to reach 1.8K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of pulley tackle and hoists powered by an electric motor skyrocketed to $1.1M in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pulley Tackle and Hoists Powered by an Electric Motor in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19612991.839926.7%
Italy52.845.86.517047.7%
Russia29.00.4N/A11960.1%
Poland22.979.811599.863.3%
Turkey16.017.320.471.064.3%
Hungary47.931.648.546.5-1.0%
Others21476.481.7145-12.2%
Total5783803631,05122.1%

Top Suppliers of Pulley Tackle and Hoists Powered by an Electric Motor to Bulgaria in 2022:

  1. China (1314.0 units)
  2. Italy (149.0 units)
  3. Russia (140.0 units)
  4. Poland (38.0 units)
  5. Hungary (36.0 units)
  6. Turkey (35.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pulley tackle and hoists powered by an 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:

  • Prodcom 28221130 - Pulley tackle and hoists powered by an electric motor (excluding of the kind used for raising vehicles)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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