Price for Automatic Circuit Breakers for Under 1000 V in Bulgaria - 2024

Contents:

  1. Price for Automatic Circuit Breakers for Under 1000 V in Bulgaria (FOB) - 2024
  2. Price for Automatic Circuit Breakers for Under 1000 V in Bulgaria (CIF) - 2024
  3. Exports of Automatic Circuit Breakers for Under 1000 V in Bulgaria
  4. Imports of Automatic Circuit Breakers for Under 1000 V in Bulgaria

Price for Automatic Circuit Breakers for Under 1000 V in Bulgaria (FOB) - 2024

The average export price for automatic circuit breakers for under 1000 v stood at $9.0 per unit in February 2024, surging by 16% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($9.8 per unit), while the average price for exports to the United Arab Emirates ($5.2 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Automatic Circuit Breakers for Under 1000 V in Bulgaria (CIF) - 2024

The average import price for automatic circuit breakers for under 1000 v stood at $9.5 per unit in February 2024, rising by 2.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 28% month-to-month. As a result, import price reached the peak level of $11.2 per unit. From November 2023 to February 2024, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Turkey ($25.1 per unit), while the price for China amounted to $5.7 per unit.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by France (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Automatic Circuit Breakers for Under 1000 V in Bulgaria

In 2022, exports of automatic circuit breakers for under 1000 v from Bulgaria soared to 24M units, rising by 16% on the year before. The total export volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of automatic circuit breakers for under 1000 v expanded rapidly to $155M in 2022. The total export value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Automatic Circuit Breakers for Under 1000 V in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France32.523.430.732.80.3%
Germany20.619.121.932.716.7%
Spain19.118.523.826.211.1%
Switzerland17.417.927.522.69.1%
Hungary15.117.221.120.09.8%
Netherlands4.25.05.58.426.0%
Sweden3.54.15.06.019.7%
Others5.98.57.06.63.8%
Total1181141421559.5%

Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Bulgaria in 2022:

  1. France (5.1M units)
  2. Spain (4.7M units)
  3. Hungary (3.9M units)
  4. Germany (3.7M units)
  5. Switzerland (2.3M units)
  6. Netherlands (1.7M units)
  7. Sweden (1.0M units)

Imports of Automatic Circuit Breakers for Under 1000 V in Bulgaria

In 2022, approx. 3.6M units of automatic circuit breakers for under 1000 v were imported into Bulgaria; increasing by 100% compared with 2021 figures. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of automatic circuit breakers for under 1000 v surged to $22M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.9% 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 +77.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Automatic Circuit Breakers for Under 1000 V in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary4.64.87.411.234.5%
Slovenia0.10.20.22.4188.4%
Czech Republic1.11.11.82.226.0%
China1.71.41.81.6-2.0%
Germany2.22.22.80.9-25.8%
Italy1.61.31.50.8-20.6%
France0.40.50.50.614.5%
Austria0.20.20.20.426.0%
South Korea0.40.30.10.40.0%
Others0.50.60.51.853.3%
Total12.912.516.822.219.8%

Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Bulgaria in 2022:

  1. Hungary (1272.6K units)
  2. China (397.9K units)
  3. Slovenia (346.8K units)
  4. Czech Republic (300.8K units)
  5. Germany (122.7K units)
  6. Italy (101.4K units)
  7. France (89.1K units)
  8. Austria (86.7K units)
  9. South Korea (61.9K units)

Source: IndexBox Market Intelligence Platform

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