Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria (CIF) - 2022
In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $2.4 per unit, increasing by 11% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clocks; wall clocks, battery, accumulator or mains powereds increased by +13.1% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 33%. 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 Greece ($6.7 per unit), while the price for China ($1.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $2.2 per unit, shrinking by -10.9% against the previous year. Overall, the export price continues to indicate a deep setback. The growth pace was the most rapid in 2018 when the average export price increased by 625% against the previous year. The export price peaked at $37 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kosovo ($2.6 per unit) and Serbia ($2.5 per unit), while the average price for exports to Bosnia and Herzegovina ($2.1 per unit) and Romania ($2.1 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 Serbia (-3.0%), while the prices for the other major destinations experienced a decline.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria
In 2022, supplies from abroad of clocks; wall clocks, battery, accumulator or mains powereds decreased by -3.7% to 312K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 6.7%. Imports peaked at 324K units in 2021, and then dropped slightly in the following year.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds expanded remarkably to $747K in 2022. The total import value increased at an average annual rate of +12.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 231 | 378 | 378 | 415 | 21.6% |
| Germany | 85.8 | 105 | 119 | 108 | 8.0% |
| Netherlands | 22.2 | 17.5 | 26.2 | 41.9 | 23.6% |
| Greece | 49.3 | 39.7 | 55.3 | 41.8 | -5.4% |
| Poland | 87.7 | 61.6 | 42.8 | 34.4 | -26.8% |
| Hungary | 1.2 | 0.6 | 3.6 | 31.2 | 196.2% |
| Others | 47.6 | 33.8 | 71.2 | 73.9 | 15.8% |
| Total | 525 | 636 | 696 | 747 | 12.5% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Bulgaria in 2022:
- China (238.2K units)
- Germany (24.7K units)
- Hungary (13.0K units)
- Netherlands (7.0K units)
- Poland (6.9K units)
- Greece (6.2K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria
In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds exported from Bulgaria soared to 95K units, jumping by 54% compared with 2021 figures. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 165% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds surged to $212K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 167%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 23.6 | 88.2 | 91.9 | 94.4 | 58.7% |
| Serbia | 14.6 | N/A | 0.2 | 47.1 | 47.8% |
| Greece | 19.5 | 39.0 | 45.4 | 38.1 | 25.0% |
| Georgia | 0.6 | 3.9 | 5.5 | 10.1 | 156.3% |
| Bosnia and Herzegovina | N/A | 0.5 | 0.4 | 9.9 | 345.0% |
| Kosovo | N/A | N/A | N/A | 4.5 | 0% |
| China | N/A | 21.7 | N/A | N/A | 0% |
| Others | 1.5 | 6.5 | 10.5 | 7.4 | 70.2% |
| Total | 59.9 | 160 | 154 | 212 | 52.4% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Bulgaria in 2022:
- Romania (44.5K units)
- Serbia (19.0K units)
- Greece (16.7K units)
- Bosnia and Herzegovina (4.7K units)
- Georgia (4.5K units)
- Kosovo (1.7K units)
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