Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria - 2024

Contents:

  1. Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria (FOB) - 2022
  2. Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria (CIF) - 2022
  3. Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria
  4. Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria

Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria (FOB) - 2022

In 2022, the average export price for turbines; hydraulic water wheels and regulators therefor amounted to $80 thousand per unit, reducing by -20% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2013 an increase of 59% against the previous year. Over the period under review, the average export prices hit record highs at $102 thousand per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($155 thousand per unit), while the average price for exports to Kosovo ($2.4 thousand 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 India (+531.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria (CIF) - 2022

In 2022, the average import price for turbines; hydraulic water wheels and regulators therefor amounted to $36 thousand per unit, shrinking by -34.3% against the previous year. Over the period under review, the import price showed a perceptible decline. The pace of growth appeared the most rapid in 2020 when the average import price increased by 362%. The import price peaked at $67 thousand per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Georgia ($131 thousand per unit), while the price for Croatia ($47 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+55.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria

In 2022, shipments abroad of turbines; hydraulic water wheels and regulators therefor decreased by -28.6% to 45 units, falling for the second year in a row after two years of growth. Overall, exports showed a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, the exports reached the peak of 136 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of turbines; hydraulic water wheels and regulators therefor fell notably to $3.6M in 2022. In general, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. As a result, the exports attained the peak of $11M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia1,3221,3951,1981,83011.4%
Turkey2802,28775777640.5%
Norway1,0011,569817553-17.9%
India0.6N/AN/A155536.9%
North MacedoniaN/A1.4N/A148928.2%
GermanyN/AN/AN/A85.20%
KosovoN/A3,3811.62.4-97.3%
Albania6123.7500N/A-9.6%
Armenia3,5426911,279N/A-39.9%
VietnamN/A989N/AN/A0%
Others6019471,78071.2-50.9%
Total7,35911,2636,3333,621-21.1%

Top Export Markets for Turbines; Hydraulic Water Wheels and Regulators Therefor from Bulgaria in 2022:

  1. Georgia (20.0 units)
  2. Turkey (12.0 units)
  3. Norway (7.0 units)
  4. North Macedonia (2.0 units)
  5. Kosovo (1.0 units)
  6. India (1.0 units)
  7. Germany (1.0 units)

Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria

In 2022, supplies from abroad of turbines; hydraulic water wheels and regulators therefor decreased by -47.1% to 18 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 154% against the previous year. Over the period under review, imports of reached the peak figure at 34 units in 2021, and then fell markedly in the following year.

In value terms, imports of turbines; hydraulic water wheels and regulators therefor reduced rapidly to $654K in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,072%. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Turbines; Hydraulic Water Wheels and Regulators Therefor in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/A300800202-17.9%
Georgia39.4N/A33.013149.3%
LuxembourgN/AN/AN/A94.30%
Italy4.19.54.585.6175.4%
Romania1.510331.424.7154.4%
Greece21.210.70.619.0-3.6%
Austria14.21,01115.55.1-28.9%
NorwayN/AN/A1.44.7235.7%
Hong Kong SARN/A4.7N/A0.5-67.4%
PolandN/A0.5N/A0.2-36.8%
China0.60.3N/A0.1-45.0%
Germany17.68.70.50.1-82.2%
CroatiaN/AN/A908N/A0%
Others63.946083.786.510.6%
Total1631,9071,87865458.9%

Top Suppliers of Turbines; Hydraulic Water Wheels and Regulators Therefor to Bulgaria in 2022:

  1. Czech Republic (2.0 units)
  2. Romania (1.0 units)
  3. Georgia (1.0 units)
  4. Italy (1.0 units)
  5. Poland (1.0 units)
  6. Greece (1.0 units)
  7. Luxembourg (1.0 units)
  8. Austria (1.0 units)
  9. China (1.0 units)
  10. Germany (1.0 units)
  11. Croatia (1.0 units)
  12. Norway (1.0 units)
  13. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

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