Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in Bulgaria - 2023

Contents:

1. Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bulgaria (CIF) - 2022
2. Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bulgaria (FOB) - 2022
3. Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bulgaria
4. Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bulgaria

Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bulgaria (CIF) - 2022

The average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $0.9 per unit in 2022, with an increase of 8.4% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the average import price increased by 49%. As a result, import price attained the peak level of $2.4 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1.9 per unit), while the price for Taiwan (Chinese) ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bulgaria (FOB) - 2022

The average export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $12 per unit in 2022, picking up by 117% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The export price peaked at $34 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($73 per unit), while the average price for exports to Slovakia ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+96.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bulgaria

In 2022, approx. 2.2M units of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s were imported into Bulgaria; approximately reflecting the previous year's figure. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s expanded notably to $2M in 2022. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) to Bulgaria in 2022:

1. Taiwan (Chinese) (1455.3K units)
2. Germany (378.6K units)
3. China (200.4K units)
4. Hong Kong SAR (113.5K units)
5. Poland (23.8K units)

Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bulgaria

In 2022, after three years of growth, there was significant decline in overseas shipments of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s, when their volume decreased by -38.5% to 27K units. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 107%. As a result, the exports attained the peak of 43K units, and then dropped rapidly in the following year.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s soared to $317K in 2022. The total export value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) from Bulgaria in 2022:

1. Greece (8.5K units)
2. Romania (7.6K units)
3. Bosnia and Herzegovina (4.4K units)
4. Serbia (1.2K units)
5. Slovakia (0.7K units)
6. Azerbaijan (0.5K units)
7. North Macedonia (0.4K units)
8. Albania (0.3K units)
9. United Arab Emirates (0.3K units)
10. Ethiopia (0.2K units)

Source: IndexBox Market Intelligence Platform