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Bulgaria - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOutboard Boat Motors Price in Bulgaria - 2023
Contents:
- Outboard Boat Motors Price in Bulgaria (FOB) - 2023
- Outboard Boat Motors Price in Bulgaria (CIF) - 2023
- Outboard Boat Motors Exports in Bulgaria
- Outboard Boat Motors Imports in Bulgaria
Outboard Boat Motors Price in Bulgaria (FOB) - 2023
In July 2023, the average outboard boat motors export price amounted to $10,291 per unit, dropping by -5.9% against the previous month. Over the period under review, the export price, however, continues to indicate mild growth. The pace of growth was the most pronounced in April 2023 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices attained the peak figure at $12,375 per unit in February 2023; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Greece ($10,754 per unit), while the average price for exports to Romania ($1,869 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 Greece (+1.1%), while the prices for the other major destinations experienced a decline.
Outboard Boat Motors Price in Bulgaria (CIF) - 2023
In July 2023, the average outboard boat motors import price amounted to $6,253 per unit, reducing by -3% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 31% m-o-m. As a result, import price attained the peak level of $8,549 per unit; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($7,343 per unit), while the price for Italy ($4,098 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 Greece (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Outboard Boat Motors Exports in Bulgaria
Outboard boat motors exports from Bulgaria contracted to 1.1K units in 2022, shrinking by -10% against the year before. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 310% against the previous year. As a result, the exports reached the peak of 1.2K units, and then declined in the following year.
In value terms, outboard boat motors exports skyrocketed to $12M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 79% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Outboard Boat Motors in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 4.5 | 5.4 | 9.7 | 11.5 | 36.7% |
Albania | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
North Macedonia | N/A | N/A | N/A | 0.1 | 0% |
Germany | N/A | N/A | N/A | N/A | 0% |
Romania | N/A | 0.1 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 4.7 | 5.5 | 9.9 | 12.0 | 36.7% |
Top Export Markets for Outboard Boat Motors from Bulgaria in 2022:
- Greece (949.0 units)
- North Macedonia (53.0 units)
- Romania (31.0 units)
- Albania (20.0 units)
Outboard Boat Motors Imports in Bulgaria
Outboard boat motors imports into Bulgaria skyrocketed to 3.5K units in 2022, rising by 37% compared with 2021 figures. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 154% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, outboard boat motors imports surged to $14M in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
Import of Outboard Boat Motors in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 5.3 | 4.8 | 8.5 | 12.4 | 32.8% |
Japan | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
Italy | N/A | N/A | 0.2 | 0.4 | 100.0% |
Hungary | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
Greece | 0.4 | 0.5 | 0.7 | 0.3 | -9.1% |
China | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 6.1 | 5.6 | 9.9 | 14.2 | 32.5% |
Top Suppliers of Outboard Boat Motors to Bulgaria in 2022:
- Belgium (2269.0 units)
- Japan (457.0 units)
- China (325.0 units)
- Hungary (179.0 units)
- Greece (124.0 units)
- Italy (122.0 units)
This report provides an in-depth analysis of the outboard boat motors 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 28111100 - Marine propulsion spark ignition reciprocating or rotary internal combustion piston engines, outboard motors
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
This report provides an in-depth analysis of the outboard boat motors market in Bulgaria.
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