Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $89 per unit, reducing by -10.6% against the previous year. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of 5.1%. As a result, import price attained the peak level of $99 per unit, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($220 per unit), while the price for China ($24 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $224 per unit in 2022, with a decrease of -4.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 7% against the previous year. The export price peaked at $245 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 the United States ($359 per unit), while the average price for exports to Romania ($108 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 the United States (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria

For the fourth year in a row, Bulgaria recorded growth in supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), which increased by 18% to 22K units in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $1.9M in 2022. Overall, imports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the peak figure at $2.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Germany3594533782.6%
China248158241-1.4%
Austria41.452.7218129.5%
Taiwan (Chinese)11115216020.1%
France135195125-3.8%
Poland60.413912242.1%
Turkey17.216.054.377.7%
Netherlands1.93.153.9432.6%
Hong Kong SAR10.182.443.6107.8%
SingaporeN/A56.139.1-30.3%
Others37051648714.7%
Total1,3531,8241,92319.2%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Bulgaria in 2022:

  1. China (9.9K units)
  2. Germany (3.9K units)
  3. Poland (1.5K units)
  4. Austria (1.4K units)
  5. Taiwan (Chinese) (0.9K units)
  6. Hong Kong SAR (0.9K units)
  7. France (0.6K units)
  8. Turkey (0.5K units)
  9. Netherlands (0.4K units)
  10. Singapore (0.4K units)

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria

Exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Bulgaria surged to 3.3K units in 2022, picking up by 69% on the previous year's figure. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 271% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) soared to $728K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 287% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs in 2022 and are expected to retain growth in years to come.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/A2.79.9271901.9%
United States5.065.444.591.9163.9%
GermanyN/A10.63.857.5132.9%
ItalyN/A8.53.751.8146.9%
Switzerland1.661.554.848.8212.4%
DenmarkN/AN/AN/A31.10%
Romania2.810.527.623.6103.5%
PolandN/AN/A11.123.4110.8%
Serbia4.24.71.720.168.5%
Greece5.612.511.320.052.9%
United KingdomN/AN/A1.216.31258.3%
Armenia1.60.3N/A14.9110.4%
Australia111395225N/A42.4%
Others30.457.758.056.923.2%
Total16262945272865.0%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Bulgaria in 2022:

  1. Belgium (1164.0 units)
  2. Italy (343.0 units)
  3. Germany (276.0 units)
  4. United States (256.0 units)
  5. Romania (218.0 units)
  6. Denmark (177.0 units)
  7. Switzerland (165.0 units)
  8. United Kingdom (106.0 units)
  9. Poland (105.0 units)
  10. Serbia (80.0 units)
  11. Greece (69.0 units)
  12. Armenia (52.0 units)

Source: IndexBox Market Intelligence Platform

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