Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria - 2023
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria (CIF) - 2022
The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $25,228 per ton in 2022, declining by -17.4% against the previous year. Overall, the import price recorded a mild decline. The pace of growth appeared the most rapid in 2016 an increase of 24% against the previous year. The import price peaked at $35,576 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($60,506 per ton), while the price for China ($4,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $18,696 per ton in 2022, declining by -6.3% against the previous year. In general, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2014 an increase of 75% against the previous year. The export price peaked at $32,855 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($64,167 per ton), while the average price for exports to Germany ($8,257 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+44.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria
Imports of machines and mechanical appliances; parts, of those having individual functionses into Bulgaria surged to 1.3K tons in 2022, with an increase of 26% on 2021. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses expanded modestly to $32M in 2022. The total import value increased at an average annual rate of +10.6% 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 with an increase of 32% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.8 | 8.7 | 13.8 | 11.0 | 12.1% |
| Italy | 4.6 | 6.5 | 2.9 | 7.8 | 19.2% |
| China | 0.4 | 0.4 | 0.9 | 1.8 | 65.1% |
| Netherlands | 1.3 | 0.7 | 1.4 | 0.9 | -11.5% |
| Hungary | 0.1 | 0.4 | 0.5 | 0.9 | 108.0% |
| Austria | 0.5 | 0.4 | 0.5 | 0.8 | 17.0% |
| Turkey | 1.2 | 0.7 | 0.9 | 0.6 | -20.6% |
| Romania | 0.7 | 0.5 | 0.6 | 0.6 | -5.0% |
| Czech Republic | 0.2 | 0.1 | 0.4 | 0.4 | 26.0% |
| Poland | 0.2 | 0.5 | 1.7 | 0.4 | 26.0% |
| France | 0.5 | 0.2 | 0.8 | 0.4 | -7.2% |
| Others | 6.0 | 4.2 | 6.1 | 6.0 | 0.0% |
| Total | 23.5 | 23.1 | 30.5 | 31.8 | 10.6% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Bulgaria in 2022:
- China (438.4 tons)
- Italy (334.8 tons)
- Germany (182.5 tons)
- Turkey (35.1 tons)
- Hungary (34.1 tons)
- Poland (30.0 tons)
- Czech Republic (26.6 tons)
- Netherlands (26.1 tons)
- Romania (21.7 tons)
- Austria (20.3 tons)
- France (7.2 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria
For the fourth consecutive year, Bulgaria recorded growth in overseas shipments of machines and mechanical appliances; parts, of those having individual functionses, which increased by 116% to 752 tons in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses soared to $14M in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 337 | 323 | 1,064 | 5,960 | 160.5% |
| Germany | 390 | 537 | 1,389 | 3,070 | 98.9% |
| Switzerland | 756 | 456 | 1,320 | 1,421 | 23.4% |
| United States | 911 | 1,090 | 757 | 1,062 | 5.2% |
| Turkey | 121 | 39.2 | 383 | 498 | 60.3% |
| United Kingdom | 2.1 | 5.0 | 350 | 241 | 386.0% |
| Australia | 9.1 | 106 | 28.8 | 41.6 | 66.0% |
| Others | 635 | 1,342 | 1,656 | 1,771 | 40.8% |
| Total | 3,162 | 3,899 | 6,948 | 14,064 | 64.5% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Bulgaria in 2022:
- Germany (371.9 tons)
- Italy (180.1 tons)
- Switzerland (92.6 tons)
- Turkey (35.1 tons)
- United States (21.1 tons)
- United Kingdom (9.1 tons)
- Australia (4.1 tons)
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