Price for Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria (CIF) - 2022
In 2022, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $615 per unit, jumping by 40% against the previous year. In general, the import price saw a noticeable increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 104% against the previous year. Over the period under review, average import prices attained the maximum at $1,107 per unit in 2018; however, from 2019 to 2022, import prices remained at a 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 Japan ($772 per unit), while the price for China ($141 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria (FOB) - 2022
The average export price for reciprocating or rotary internal combustion piston engineses stood at $11,508 per unit in 2022, growing by 94% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 179%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($6,421 per unit), while the average price for exports to Egypt ($50 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 Saudi Arabia (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria
In 2022, after three years of growth, there was significant decline in supplies from abroad of reciprocating or rotary internal combustion piston engineses, when their volume decreased by -9.9% to 41K units. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 41% against the previous year. Imports peaked at 46K units in 2021, and then contracted in the following year.
In value terms, imports of reciprocating or rotary internal combustion piston engineses surged to $25M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 9.4 | 9.5 | 14.8 | 18.9 | 26.2% |
China | 1.8 | 1.2 | 0.9 | 1.6 | -3.9% |
Italy | 0.1 | 0.1 | 1.5 | 0.7 | 91.3% |
Japan | 0.2 | 0.1 | 0.1 | 0.5 | 35.7% |
Others | 2.5 | 2.4 | 2.7 | 2.9 | 5.1% |
Total | 14.0 | 13.4 | 20.0 | 24.6 | 20.7% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Bulgaria in 2022:
- Belgium (25.9K units)
- China (11.4K units)
- Italy (2.0K units)
- Japan (0.7K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria
In 2022, approx. 9.5K units of reciprocating or rotary internal combustion piston engineses were exported from Bulgaria; with an increase of 55% compared with the previous year's figure. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 101%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of reciprocating or rotary internal combustion piston engineses skyrocketed to $18M in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 78%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
Export of Reciprocating or Rotary Internal Combustion Piston Engines in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 4.5 | 5.4 | 10.0 | 11.4 | 36.3% |
Saudi Arabia | N/A | N/A | N/A | 5.0 | 0% |
Turkey | 0.1 | 0.2 | N/A | 0.7 | 91.3% |
Egypt | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.3 | 0.2 | 0.5 | 0.9 | 44.2% |
Total | 5.0 | 5.9 | 10.5 | 18.1 | 53.5% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Bulgaria in 2022:
- Greece (6.8K units)
- Egypt (1.2K units)
- Saudi Arabia (0.8K units)
- Turkey (0.3K units)
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