Price for Tools, Hand; Other than Household Tools in Bulgaria - 2023
Contents:
- Price for Tools, Hand; Other than Household Tools in Bulgaria (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Bulgaria (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Bulgaria
- Exports of Tools, Hand; Other than Household Tools in Bulgaria
Price for Tools, Hand; Other than Household Tools in Bulgaria (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $7,350 per ton in 2022, picking up by 9.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Austria ($14,766 per ton), while the price for India ($3,179 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Bulgaria (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $7,826 per ton in 2022, reducing by -28.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 64%. The export price peaked at $11,518 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($177,735 per ton), while the average price for exports to Latvia ($3,217 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 Italy (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Bulgaria
Imports of tools, hand; other than household toolses into Bulgaria stood at 1.4K tons in 2022, picking up by 6.7% on the year before. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of tools, hand; other than household toolses skyrocketed to $10M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +61.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Tools, Hand; Other than Household Tools in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,864 | 1,641 | 2,541 | 3,131 | 18.9% |
| Germany | 935 | 649 | 1,140 | 1,750 | 23.2% |
| Poland | 600 | 770 | 1,223 | 1,350 | 31.0% |
| Austria | 500 | 432 | 599 | 611 | 6.9% |
| Taiwan (Chinese) | 268 | 357 | 268 | 477 | 21.2% |
| Czech Republic | 132 | 136 | 235 | 369 | 40.9% |
| Turkey | 137 | 236 | 419 | 343 | 35.8% |
| Romania | 1,112 | 175 | 125 | 146 | -49.2% |
| India | 18.1 | 48.4 | 34.0 | 68.4 | 55.8% |
| Greece | 237 | 470 | 372 | 32.1 | -48.6% |
| Others | 1,283 | 1,340 | 1,656 | 1,811 | 12.2% |
| Total | 7,087 | 6,255 | 8,611 | 10,090 | 12.5% |
Top Suppliers of Tools, Hand; Other than Household Tools to Bulgaria in 2022:
- China (754.9 tons)
- Poland (168.3 tons)
- Germany (144.6 tons)
- Czech Republic (50.9 tons)
- Turkey (44.1 tons)
- Austria (41.4 tons)
- Taiwan (Chinese) (38.5 tons)
- India (21.5 tons)
- Romania (11.5 tons)
- Greece (1.5 tons)
Exports of Tools, Hand; Other than Household Tools in Bulgaria
In 2022, approx. 184 tons of tools, hand; other than household toolses were exported from Bulgaria; which is down by -11.2% against 2021 figures. Overall, exports faced a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 40%.
In value terms, exports of tools, hand; other than household toolses shrank notably to $1.4M in 2022. In general, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 34%.
| Export of Tools, Hand; Other than Household Tools in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1,481 | 298 | 643 | 494 | -30.6% |
| Greece | 573 | 565 | 686 | 173 | -32.9% |
| Germany | 43.4 | 99.3 | 109 | 154 | 52.5% |
| United States | 156 | 110 | 156 | 104 | -12.6% |
| Poland | 3.2 | 24.6 | 42.0 | 82.4 | 195.3% |
| Switzerland | 3.1 | 1.6 | 88.8 | 80.1 | 195.6% |
| Serbia | 84.9 | 50.3 | 65.3 | 72.7 | -5.0% |
| Turkey | 23.2 | 47.1 | 42.7 | 40.1 | 20.0% |
| North Macedonia | 27.9 | 28.5 | 22.2 | 24.9 | -3.7% |
| Georgia | 12.2 | 8.4 | 15.7 | 23.0 | 23.5% |
| Latvia | N/A | N/A | N/A | 15.0 | 0% |
| Others | 144 | 473 | 410 | 179 | 7.5% |
| Total | 2,552 | 1,707 | 2,280 | 1,442 | -17.3% |
Top Export Markets for Tools, Hand; Other than Household Tools from Bulgaria in 2022:
- Romania (92.5 tons)
- Germany (18.8 tons)
- Switzerland (15.2 tons)
- Greece (11.3 tons)
- Serbia (7.7 tons)
- Turkey (5.7 tons)
- Latvia (4.7 tons)
- United States (4.6 tons)
- Georgia (3.6 tons)
- Poland (3.5 tons)
- North Macedonia (2.8 tons)
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