Price for Textile Machinery; Spinning Machines in Bulgaria - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Bulgaria (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Bulgaria (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Bulgaria
- Exports of Textile Machinery; Spinning Machines in Bulgaria
Price for Textile Machinery; Spinning Machines in Bulgaria (CIF) - 2022
The average textile machinery; spinning machines import price stood at $1,680 per unit in 2022, shrinking by -85% against the previous year. In general, the import price showed a sharp downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 1,762% against the previous year. Over the period under review, average import prices reached the maximum at $346,221 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +5.9% per year.
Price for Textile Machinery; Spinning Machines in Bulgaria (FOB) - 2022
In 2022, the average textile machinery; spinning machines export price amounted to $20,312 per unit, surging by 104% against the previous year. Overall, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 1,147% against the previous year. As a result, the export price attained the peak level of $59,404 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($31,543 per unit), while the average price for exports to Syrian Arab Republic amounted to $18,538 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+14.8%).
Imports of Textile Machinery; Spinning Machines in Bulgaria
In 2022, approx. 1 units of textile machinery; spinning machineses were imported into Bulgaria; waning by -96.3% compared with the previous year's figure. In general, imports faced a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 800%. As a result, imports reached the peak of 27 units, and then contracted significantly in the following year.
In value terms, textile machinery; spinning machines imports contracted sharply to $1.7K in 2022. Overall, imports saw a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 16,658%. Imports peaked at $335K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Textile Machinery; Spinning Machines in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.8 | N/A | 1.8 | 1.7 | 28.6% |
| Italy | 335 | N/A | 301 | N/A | -5.2% |
| Turkey | N/A | 1.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 335 | 1.8 | 303 | 1.7 | -82.8% |
Top Suppliers of Textile Machinery; Spinning Machines to Bulgaria in 2022:
- Germany (1.0 units)
Exports of Textile Machinery; Spinning Machines in Bulgaria
In 2022, approx. 44 units of textile machinery; spinning machineses were exported from Bulgaria; rising by 52% on the year before. Overall, exports, however, recorded a deep downturn. The exports peaked at 52 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, textile machinery; spinning machines exports skyrocketed to $894K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Textile Machinery; Spinning Machines in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Syrian Arab Republic | N/A | N/A | 704 | 0% | |
| Turkey | N/A | N/A | 189 | 0% | |
| Russia | 23.0 | N/A | N/A | 0% | |
| Morocco | N/A | 8.5 | N/A | 0% | |
| United Kingdom | 112 | N/A | N/A | 0% | |
| Greece | 1.5 | N/A | N/A | 0% | |
| Iran | N/A | 280 | N/A | 0% | |
| Others | 12.3 | N/A | N/A | 0% | |
| Total | 148 | 288 | 894 | 145.8% | |
Top Export Markets for Textile Machinery; Spinning Machines from Bulgaria in 2022:
- Syrian Arab Republic (38.0 units)
- Turkey (6.0 units)
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