Price for Navigational Instruments and Appliances; Parts and Accessories in Bulgaria - 2023
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Bulgaria (CIF) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Bulgaria (FOB) - 2022
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Bulgaria
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Bulgaria
Price for Navigational Instruments and Appliances; Parts and Accessories in Bulgaria (CIF) - 2022
In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $128,457 per ton, falling by -41.7% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 225% against the previous year. As a result, import price attained the peak level of $582,308 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
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 the United States ($613,333 per ton), while the price for the UK ($93,569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Navigational Instruments and Appliances; Parts and Accessories in Bulgaria (FOB) - 2022
The average export price for navigational instruments and appliances; parts and accessorieses stood at $51,961 per ton in 2022, growing by 64% against the previous year. Overall, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 68%. The export price peaked at $372,946 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($65,514 per ton), while the average price for exports to the Netherlands ($44,024 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 Germany (+6.9%), while the prices for the other major destinations experienced a decline.
Imports of Navigational Instruments and Appliances; Parts and Accessories in Bulgaria
Imports of navigational instruments and appliances; parts and accessorieses into Bulgaria skyrocketed to 4.3 tons in 2022, with an increase of 180% against 2021. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of navigational instruments and appliances; parts and accessorieses soared to $550K in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 110%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 40.4 | 142 | 167 | 428 | 119.6% |
| China | 0.2 | N/A | 39.7 | 61.1 | 573.5% |
| Hong Kong SAR | N/A | N/A | 67.2 | 27.8 | -58.6% |
| Taiwan (Chinese) | 3.7 | 1.4 | 4.0 | 7.7 | 27.7% |
| United Kingdom | 3.3 | 2.1 | N/A | 6.1 | 22.7% |
| Denmark | 13.3 | 2.9 | N/A | 0.1 | -80.4% |
| Others | 51.9 | 88.4 | 58.9 | 19.7 | -27.6% |
| Total | 113 | 237 | 337 | 550 | 69.5% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Bulgaria in 2022:
- Netherlands (3370.0 kg)
- China (458.0 kg)
- Hong Kong SAR (194.0 kg)
- United Kingdom (65.0 kg)
- Taiwan (Chinese) (43.0 kg)
- Denmark (1.0 kg)
Exports of Navigational Instruments and Appliances; Parts and Accessories in Bulgaria
In 2022, approx. 1.8 tons of navigational instruments and appliances; parts and accessorieses were exported from Bulgaria; reducing by -42.7% on 2021. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 106%. As a result, the exports attained the peak of 3.2 tons, and then fell rapidly in the following year.
In value terms, exports of navigational instruments and appliances; parts and accessorieses contracted to $94K in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 5.6%. As a result, the exports reached the peak of $100K, and then reduced in the following year.
| Export of Navigational Instruments and Appliances; Parts and Accessories in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 55.6 | 39.4 | 66.5 | 48.6 | -4.4% |
| Germany | 28.5 | 21.7 | 26.9 | 34.5 | 6.6% |
| United States | N/A | 16.4 | N/A | 9.4 | -24.3% |
| Others | 8.6 | 17.4 | 6.8 | 1.8 | -40.6% |
| Total | 92.8 | 94.8 | 100 | 94.4 | 0.6% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Bulgaria in 2022:
- Netherlands (1104.0 kg)
- Germany (554.0 kg)
- United States (144.0 kg)
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