Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Bulgaria - 2023

Contents:

1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Bulgaria (CIF) - 2022
2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Bulgaria (FOB) - 2022
3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Bulgaria
4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Bulgaria

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Bulgaria (CIF) - 2022

In 2022, the average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $561 per unit, flattening at the previous year. Overall, the import price saw a abrupt downturn. The growth pace was the most rapid in 2017 when the average import price increased by 0.9%. The import price peaked at $1,168 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($3,233 per unit), while the price for China ($119 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-3.0%), while the prices for the other major suppliers experienced a decline.

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Bulgaria (FOB) - 2022

The average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $5,402 per unit in 2022, shrinking by -24.6% against the previous year. In general, the export price, however, saw a strong expansion. The growth pace was the most rapid in 2013 when the average export price increased by 143%. The export price peaked at $7,949 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($9,917 per unit), while the average price for exports to North Macedonia ($312 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 Croatia (+48.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Bulgaria

In 2022, the amount of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses imported into Bulgaria surged to 52K units, rising by 51% compared with 2021 figures. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses skyrocketed to $29M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +84.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Bulgaria in 2022:

1. China (42.9K units)
2. Japan (2.8K units)
3. Germany (2.3K units)
4. Italy (1.0K units)
5. Turkey (0.7K units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Bulgaria

In 2022, shipments abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses was finally on the rise to reach 2K units after two years of decline. Overall, exports, however, continue to indicate a noticeable curtailment. Over the period under review, the exports of attained the maximum at 2.2K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses dropped slightly to $11M in 2022. The total export value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, the exports attained the peak of $11M, and then contracted slightly in the following year.

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Bulgaria in 2022:

1. Romania (1155.0 units)
2. Greece (307.0 units)
3. Armenia (119.0 units)
4. Moldova (101.0 units)
5. North Macedonia (75.0 units)
6. Georgia (68.0 units)
7. Germany (37.0 units)
8. Bosnia and Herzegovina (4.0 units)
9. Croatia (4.0 units)

Source: IndexBox Market Intelligence Platform