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Report Bulgaria - Internal Combustion Engines, Excluding Diesel (Other Than for Motor Vehicles and Aircraft) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Bulgaria - Internal Combustion Engines, Excluding Diesel (Other Than for Motor Vehicles and Aircraft) - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Bulgaria

The Bulgarian market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) soared to $X in 2022, jumping by X% against the previous year. Overall, consumption enjoyed a strong expansion. Consumption of peaked in 2022 and is likely to continue growth in years to come.

Production of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Bulgaria

In value terms, production of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) surged to $X in 2022 estimated in export price. Overall, production saw a tangible expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports from Bulgaria

In 2022, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Bulgaria fell rapidly to X units, reducing by X% on the previous year's figure. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2021, and then dropped notably in the following year.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) surged to $X in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Greece (X units) was the main destination for exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Bulgaria, with a X% share of total exports. Moreover, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) to Greece exceeded the volume sent to the second major destination, North Macedonia (X units), eightfold. Albania (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Greece stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Albania (X% per year).

In value terms, Greece ($X) remains the key foreign market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Albania ($X), with a X% share of total exports. It was followed by North Macedonia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Greece amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and North Macedonia (X% per year).

Export Prices by Country

In 2022, the average export price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X per unit, picking up by X% against the previous year. In general, the export price showed significant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($X per unit), while the average price for exports to the United States ($X 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 Greece (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports into Bulgaria

In 2022, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) into Bulgaria reached X units, increasing by X% on 2021. Overall, imports posted buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) surged to $X in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Belgium (X units) constituted the largest supplier of internal combustion engine (excl. diesel, moto vehicle and aircraft) to Bulgaria, with a X% share of total imports. Moreover, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Belgium exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Italy (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) to Bulgaria, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average import price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Belgium ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of consumption of internal combustion engines, excluding diesel other than for motor vehicles and aircraft) was Angola, comprising approx. 62% of total volume. Moreover, consumption of internal combustion engines, excluding diesel other than for motor vehicles and aircraft) in Angola exceeded the figures recorded by the second-largest consumer, the United States, sevenfold. The third position in this ranking was taken by China, with a 3.8% share.
The country with the largest volume of production of internal combustion engines, excluding diesel other than for motor vehicles and aircraft) was Angola, accounting for 58% of total volume. Moreover, production of internal combustion engines, excluding diesel other than for motor vehicles and aircraft) in Angola exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was taken by Thailand, with a 4.7% share.
In value terms, Belgium constituted the largest supplier of internal combustion engines, excluding diesel other than for motor vehicles and aircraft) to Bulgaria, comprising 82% of total imports. The second position in the ranking was held by China, with a 6.5% share of total imports. It was followed by Italy, with a 2.9% share.
In value terms, Greece remains the key foreign market for internal combustion engines, excluding diesel other than for motor vehicles and aircraft) exports from Bulgaria, comprising 95% of total exports. The second position in the ranking was taken by Albania, with a 1.6% share of total exports. It was followed by North Macedonia, with a 1.2% share.
In 2022, the average export price for internal combustion engines, excluding diesel other than for motor vehicles and aircraft) amounted to $9,183 per unit, growing by 50% against the previous year.
The average import price for internal combustion engines, excluding diesel other than for motor vehicles and aircraft) stood at $1,258 per unit in 2022, growing by 20% against the previous year.

This report provides an in-depth analysis of the market for internal combustion engine (excl. diesel, moto vehicle and aircraft) 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 28111100 - Marine propulsion spark ignition reciprocating or rotary internal combustion piston engines, outboard motors
  • Prodcom 28111200 - Marine propulsion spark ignition engines (excluding outboard motors), spark ignition reciprocating or rotary internal combustion piston engines (excluding aircraft engines and vehicle reciprocating piston engines)

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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