Bulgaria - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStarter Motor Price in Bulgaria - 2023
Contents:
- Starter Motor Price in Bulgaria (CIF) - 2023
- Starter Motor Price in Bulgaria (FOB) - 2023
- Starter Motor Imports in Bulgaria
- Starter Motor Exports in Bulgaria
Starter Motor Price in Bulgaria (CIF) - 2023
The average starter motor import price stood at $37.7 per unit in July 2023, reducing by -50.7% against the previous month. In general, the import price saw a abrupt decline. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 257% month-to-month. Over the period under review, average import prices hit record highs at $90.5 per unit in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Czech Republic ($159 per unit), while the price for the Netherlands ($16.4 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Motor Price in Bulgaria (FOB) - 2023
The average starter motor export price stood at $151 per unit in July 2023, with a decrease of -28.5% against the previous month. Over the period under review, the export price, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 232% month-to-month. The export price peaked at $333 per unit in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was China ($521 per unit), while the average price for exports to Tunisia ($64.9 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.
Starter Motor Imports in Bulgaria
In 2022, after two years of decline, there was significant growth in overseas purchases of starter motors and dual purpose starter generators, when their volume increased by 18% to 175K units. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, starter motor imports totaled $3.7M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +40.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Starter Motor in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 514 | 579 | 659 | 744 | 13.1% |
| China | 630 | 323 | 334 | 518 | -6.3% |
| Poland | 292 | 567 | 493 | 500 | 19.6% |
| Netherlands | 289 | 268 | 526 | 472 | 17.8% |
| Romania | 180 | 222 | 352 | 432 | 33.9% |
| Germany | 182 | 166 | 286 | 345 | 23.8% |
| Italy | 59.3 | 95.7 | 67.7 | 97.6 | 18.1% |
| Others | 516 | 505 | 995 | 627 | 6.7% |
| Total | 2,663 | 2,726 | 3,713 | 3,736 | 11.9% |
Top Suppliers of Starter Motor to Bulgaria in 2022:
- Czech Republic (76.2K units)
- Netherlands (30.1K units)
- China (28.5K units)
- Germany (11.9K units)
- Poland (10.2K units)
- Romania (5.4K units)
- Italy (3.3K units)
Starter Motor Exports in Bulgaria
In 2022, exports of starter motors and dual purpose starter generators from Bulgaria was estimated at 28K units, approximately mirroring 2021 figures. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 64%. As a result, the exports attained the peak of 29K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, starter motor exports skyrocketed to $1.1M in 2022. The total export value increased at an average annual rate of +14.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Starter Motor in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | 340 | 113 | 241 | -15.8% |
| Kazakhstan | N/A | N/A | N/A | 212 | 0% |
| Russia | 130 | 52.1 | 153 | 103 | -7.5% |
| Greece | 24.0 | 88.0 | 93.0 | 74.8 | 46.1% |
| Serbia | 17.5 | 14.6 | 22.4 | 72.5 | 60.6% |
| United States | N/A | 11.3 | N/A | 69.9 | 148.7% |
| Japan | N/A | N/A | 27.1 | 64.7 | 138.7% |
| Slovakia | 1.3 | N/A | 1.9 | 58.0 | 254.7% |
| Turkey | 37.2 | 26.3 | 26.3 | 37.2 | 0.0% |
| Romania | 4.4 | 6.7 | 18.4 | 26.2 | 81.3% |
| Germany | 270 | 192 | 212 | 18.9 | -58.8% |
| North Macedonia | 12.6 | 93.8 | 64.8 | 18.0 | 12.6% |
| Cyprus | N/A | N/A | N/A | 1.6 | 0% |
| Others | 243 | 88.4 | 142 | 101 | -25.4% |
| Total | 739 | 913 | 873 | 1,098 | 14.1% |
Top Export Markets for Starter Motor from Bulgaria in 2022:
- Russia (7.9K units)
- Iran (4.7K units)
- Kazakhstan (2.5K units)
- Serbia (1.9K units)
- Greece (1.8K units)
- Germany (1.4K units)
- United States (1.2K units)
- Japan (0.9K units)
- Slovakia (0.9K units)
- Turkey (0.7K units)
- Romania (0.7K units)
- Cyprus (0.6K units)
- North Macedonia (0.5K units)
This report provides an in-depth analysis of the starter motor market 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 29312230 - Starter motors and dual-purpose starter-generators
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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