Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria (CIF) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria (CIF) - 2023
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $231 per unit in December 2023, increasing by 83% against the previous month. Overall, the import price showed a slight increase. The growth pace was the most rapid in November 2023 when the average import price increased by 300% month-to-month. The import price peaked at $237 per unit in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($392 per unit), while the price for China ($39.0 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $240 per unit in 2022, which is down by -11% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 61% against the previous year. As a result, the export price attained the peak level of $270 per unit, and then fell in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($376 per unit), while the average price for exports to Romania ($117 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 Ireland (+94.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria
In 2022, after three years of growth, there was significant decline in supplies from abroad of tools; for working in the hand, pneumatic, other than rotary type, when their volume decreased by -5.9% to 67K units. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 178%. As a result, imports reached the peak of 71K units, and then fell in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type surged to $12M in 2022. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 750%. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | 35.8 | 2,727 | 4,855 | 1064.5% | |
| Germany | 131 | 1,109 | 1,441 | 231.7% | |
| Austria | 39.8 | 228 | 1,414 | 496.1% | |
| Poland | 41.5 | 1,048 | 1,016 | 394.8% | |
| Hungary | 5.4 | 815 | 968 | 1238.9% | |
| Romania | 182 | 1,856 | 390 | 46.4% | |
| China | 274 | 497 | 299 | 4.5% | |
| Others | 471 | 1,749 | 1,881 | 99.8% | |
| Total | 1,180 | 10,029 | 12,265 | 222.4% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Bulgaria in 2022:
- United Kingdom (22.9K units)
- China (7.6K units)
- Austria (7.4K units)
- Germany (5.9K units)
- Poland (5.1K units)
- Hungary (4.5K units)
- Romania (3.2K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria
For the fourth consecutive year, Bulgaria recorded growth in overseas shipments of tools; for working in the hand, pneumatic, other than rotary type, which increased by 11% to 48K units in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,094%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type contracted to $12M in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,824% against the previous year. As a result, the exports reached the peak of $12M, and then dropped modestly in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 0.5 | 8.5 | 4.3 | 193.3% |
| Poland | N/A | N/A | 2.3 | 4.1 | 78.3% |
| Turkey | 0.1 | N/A | N/A | 1.3 | 135.1% |
| France | N/A | N/A | N/A | 0.6 | 0% |
| Ireland | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Lithuania | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Spain | N/A | N/A | 0.3 | 0.3 | 0.0% |
| Others | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Total | 0.2 | 0.6 | 11.7 | 11.5 | 286.0% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Bulgaria in 2022:
- United Kingdom (17.6K units)
- Poland (16.4K units)
- Turkey (7.6K units)
- France (1.9K units)
- Lithuania (1.0K units)
- Ireland (1.0K units)
- Spain (0.8K units)
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