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Bulgaria - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLift and Hoist Price in Bulgaria - 2023
Contents:
- Lift and Hoist Price in Bulgaria (CIF) - 2023
- Lift and Hoist Price in Bulgaria (FOB) - 2022
- Lift and Hoist Imports in Bulgaria
- Lift and Hoist Exports in Bulgaria
Lift and Hoist Price in Bulgaria (CIF) - 2023
In July 2023, the average lift and hoist import price amounted to $16,986 per unit, increasing by 22% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 38% m-o-m. The import price peaked in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($32,353 per unit), while the price for Turkey ($9,627 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 Italy (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Lift and Hoist Price in Bulgaria (FOB) - 2022
The average lift and hoist export price stood at $16,843 per unit in 2022, waning by -8.1% against the previous year. In general, the export price saw a noticeable contraction. The pace of growth appeared the most rapid in 2016 an increase of 7.3% against the previous year. Over the period under review, the average export prices attained the maximum at $21,574 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to North Macedonia ($17,621 per unit) and Malta ($17,564 per unit), while the average price for exports to Armenia ($13,952 per unit) and Sweden ($16,631 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+159.7%), while the prices for the other major destinations experienced mixed trend patterns.
Lift and Hoist Imports in Bulgaria
In 2022, overseas purchases of lifts and hoists decreased by -4.3% to 1.1K units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 23%. As a result, imports reached the peak of 1.2K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, lift and hoist imports rose to $20M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 21%. As a result, imports attained the peak of $21M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Lift and Hoist in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 6.0 | 7.2 | 6.6 | 7.2 | 6.3% |
Italy | 3.3 | 3.8 | 4.1 | 3.2 | -1.0% |
Slovakia | 1.2 | 3.8 | 2.0 | 3.2 | 38.7% |
Turkey | 0.6 | 0.7 | 1.1 | 1.3 | 29.4% |
Portugal | N/A | N/A | 1.6 | 1.2 | -25.0% |
Romania | 1.5 | 1.6 | 1.0 | 1.1 | -9.8% |
Germany | 1.4 | 1.4 | 0.3 | 0.6 | -24.6% |
China | 0.7 | 0.7 | 0.2 | 0.5 | -10.6% |
France | 1.8 | 0.8 | 0.3 | 0.1 | -61.8% |
Others | 1.1 | 1.2 | 1.7 | 1.4 | 8.4% |
Total | 17.6 | 21.3 | 19.0 | 19.9 | 4.2% |
Top Suppliers of Lift and Hoist to Bulgaria in 2022:
- Spain (378.0 units)
- Slovakia (171.0 units)
- Italy (168.0 units)
- Turkey (68.0 units)
- Portugal (65.0 units)
- Romania (57.0 units)
- Germany (32.0 units)
- China (28.0 units)
- France (5.0 units)
Lift and Hoist Exports in Bulgaria
In 2022, overseas shipments of lifts and hoists were finally on the rise to reach 153 units after two years of decline. Overall, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at 156 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, lift and hoist exports reached $2.6M in 2022. In general, exports, however, showed a perceptible setback. The exports peaked at $2.9M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Lift and Hoist in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | N/A | N/A | 265 | 917 | 246.0% |
Russia | 413 | 518 | 680 | 602 | 13.4% |
Ukraine | 1,120 | 887 | 484 | 486 | -24.3% |
Malta | N/A | N/A | 43.6 | 158 | 262.4% |
Armenia | N/A | N/A | 10.7 | 112 | 946.7% |
Sweden | 57.8 | 261 | 410 | 83.2 | 12.9% |
North Macedonia | 56.4 | 37.0 | 124 | 70.5 | 7.7% |
United Kingdom | 177 | N/A | N/A | N/A | 0% |
Denmark | N/A | 371 | N/A | N/A | 0% |
Egypt | 228 | N/A | N/A | N/A | 0% |
Romania | 260 | 325 | 217 | N/A | -8.6% |
Others | 543 | 341 | 329 | 149 | -35.0% |
Total | 2,855 | 2,740 | 2,565 | 2,577 | -3.4% |
Top Export Markets for Lift and Hoist from Bulgaria in 2022:
- Iran (53.0 units)
- Russia (35.0 units)
- Ukraine (28.0 units)
- Malta (9.0 units)
- Armenia (8.0 units)
- Sweden (5.0 units)
- North Macedonia (4.0 units)
This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
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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