Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria - 2023

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria
  4. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria (CIF) - 2022

The average import price for electric motors and generators stood at $4,767 per unit in 2022, jumping by 433% against the previous year. Overall, the import price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 6,991% against the previous year. As a result, import price reached the peak level of $23,186 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Serbia ($43,442 per unit), while the price for the UK ($41 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria (FOB) - 2022

The average export price for electric motors and generators stood at $306 per unit in 2022, rising by 135% against the previous year. Over the period under review, the export price recorded tangible growth. The most prominent rate of growth was recorded in 2020 an increase of 7,636%. As a result, the export price attained the peak level of $18,876 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($546 per unit), while the average price for exports to the Netherlands amounted to $65 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-12.5%), while the prices for the other major destinations experienced a decline.

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria

In 2022, the amount of electric motors and generators imported into Bulgaria dropped remarkably to 20 units, which is down by -96.3% compared with the previous year. In general, imports recorded a sharp decline. The growth pace was the most rapid in 2021 with an increase of 824% against the previous year. As a result, imports reached the peak of 545 units, and then contracted remarkably in the following year.

In value terms, imports of electric motors and generators dropped rapidly to $95K in 2022. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 191% against the previous year. Imports peaked at $488K in 2021, and then reduced remarkably in the following year.

Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SerbiaN/AN/AN/A43.40%
Belarus55.616937640.6-9.9%
United States2.1N/A0.411.274.7%
United KingdomN/AN/AN/A0.10%
Hong Kong SARN/A1.71.7N/A0.0%
ChinaN/AN/A108N/A0%
GermanyN/A287N/AN/A0%
Italy95.3N/AN/AN/A0%
Others10.318.31.5N/A-61.8%
Total16347648895.3-16.4%

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Bulgaria in 2022:

  1. United States (16.0 units)
  2. United Kingdom (2.0 units)
  3. Belarus (1.0 units)
  4. Serbia (1.0 units)

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria

In 2022, approx. 2 units of electric motors and generators were exported from Bulgaria; growing by 100% against 2021 figures. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 2,200% against the previous year. As a result, the exports reached the peak of 23 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of electric motors and generators surged to $611 in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 177,825%. As a result, the exports attained the peak of $434K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GreeceN/AN/AN/A0.50%
NetherlandsN/AN/A0.10.10.0%
KenyaN/A423N/AN/A0%
SerbiaN/A0.2N/AN/A0%
SingaporeN/A7.5N/AN/A0%
TurkeyN/A3.3N/AN/A0%
Others0.2N/AN/AN/A0%
Total0.24340.10.644.2%

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Bulgaria in 2022:

  1. Netherlands (1.0 units)
  2. Greece (1.0 units)

Source: IndexBox Market Intelligence Platform

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