Price for Vehicles; Mobile Drilling Derricks in Bulgaria - 2023

Price for Vehicles; Mobile Drilling Derricks in Bulgaria (CIF) - 2022

In 2022, the average vehicles; mobile drilling derricks import price amounted to $105,573 per unit, dropping by -30.7% against the previous year. Overall, the import price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 4,897%. As a result, import price attained the peak level of $152,308 per unit, and then contracted remarkably 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 Spain ($372,210 per unit), while the price for Germany ($6,308 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+81.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vehicles; Mobile Drilling Derricks in Bulgaria (FOB) - 2022

The average vehicles; mobile drilling derricks export price stood at $68,913 per unit in 2021, approximately reflecting the previous year. Overall, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 362%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2013 to 2021, the rate of growth in terms of prices for Serbia amounted to -9.1% per year.

Imports of Vehicles; Mobile Drilling Derricks in Bulgaria

In 2022, imports of vehicles; mobile drilling derrickses into Bulgaria stood at 5 units, almost unchanged from 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 400% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, vehicles; mobile drilling derricks imports reduced dramatically to $528K in 2022. In general, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 24,885% against the previous year. As a result, imports attained the peak of $762K, and then shrank remarkably in the following year.

Import of Vehicles; Mobile Drilling Derricks in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	N/A	N/A	372	0%
Netherlands	27.3	N/A	N/A	99.9	54.1%
France	N/A	N/A	N/A	49.5	0%
Germany	N/A	N/A	52.2	6.3	-87.9%
Serbia	N/A	3.0	N/A	N/A	0%
Greece	N/A	N/A	82.2	N/A	0%
Poland	11.8	N/A	217	N/A	328.8%
Lithuania	N/A	N/A	271	N/A	0%
Italy	280	N/A	139	N/A	-29.5%
Others	N/A	N/A	N/A	N/A	0%
Total	319	3.0	762	528	18.3%

Top Suppliers of Vehicles; Mobile Drilling Derricks to Bulgaria in 2022:

Netherlands (2.0 units)
Germany (1.0 units)
Spain (1.0 units)
France (1.0 units)

Exports of Vehicles; Mobile Drilling Derricks in Bulgaria

In 2021, approx. 2 units of vehicles; mobile drilling derrickses were exported from Bulgaria; approximately equating the previous year. In general, exports posted significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, vehicles; mobile drilling derricks exports amounted to $138K in 2021. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.