Bulgaria: Overview of the Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2019

Market Size for Turbo-Jets Of A Thrust Not Exceeding 25 kN in Bulgaria

The revenue of the turbo-jet (under X kn) market in Bulgaria amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, turbo-jet (under X kn) consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the turbo-jet (under X kn) market attained its maximum level in 2018 and is expected to retain its growth in the near future.

Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Exports from Bulgaria

In 2018, approx. X units of turbo-jets of a thrust not exceeding X kn were exported from Bulgaria; shrinking by -X% against the previous year. Overall, turbo-jet (under X kn) exports continue to indicate a precipitous reduction. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Exports peaked at X units in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, turbo-jet (under X kn) exports totaled $X in 2018. Overall, turbo-jet (under X kn) exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, turbo-jet (under X kn) exports reached their maximum at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

Russia (X units), Ukraine (X units) and Mexico (X units) were the main destinations of turbo-jet (under X kn) exports from Bulgaria, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Ukraine, while the other leaders experienced a decline.

In value terms, Ukraine ($X) remains the key foreign market for turbo-jet (under X kn) exports from Bulgaria, comprising X% of total turbo-jet (under X kn) exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Ukraine stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Russia (+X% per year).

Export Prices by Country

The average turbo-jet (under X kn) export price stood at $X per unit in 2018, surging by X% against the previous year. In general, the turbo-jet (under X kn) export price continues to indicate skyrocketing growth. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the average export prices for turbo-jets of a thrust not exceeding X kn attained their peak figure in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Ukraine ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Imports into Bulgaria

Turbo-jet (under X kn) imports into Bulgaria stood at X units in 2018, jumping by X% against the previous year. Overall, turbo-jet (under X kn) imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, turbo-jet (under X kn) imports totaled $X in 2018. Over the period under review, turbo-jet (under X kn) imports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, turbo-jet (under X kn) imports reached their peak of $X. From 2009 to 2018, the growth of turbo-jet (under X kn) imports failed to regain its momentum.

Imports by Country

In 2018, Turkey (X units) constituted the largest supplier of turbo-jet (under X kn) to Bulgaria, with a X% share of total imports. Moreover, turbo-jet (under X kn) imports from Turkey exceeded the figures recorded by the second-largest supplier, Ukraine (X units), fivefold.

From 2007 to 2018, the average annual growth rate of volume from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+X% per year) and the U.S. (+X% per year).

In value terms, the U.S. ($X), Ukraine ($X) and Turkey ($X) constituted the largest turbo-jet (under X kn) suppliers to Bulgaria, with a combined X% share of total imports.

In terms of the main suppliers, Turkey experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced a decline.

Import Prices by Country

The average turbo-jet (under X kn) import price stood at $X per unit in 2018, going down by -X% against the previous year. In general, the turbo-jet (under X kn) import price continues to indicate a dramatic setback. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. In that year, the average import prices for turbo-jets of a thrust not exceeding X kn attained their peak level of $X per unit. From 2009 to 2018, the growth in terms of the average import prices for turbo-jets of a thrust not exceeding X kn failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform