Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria - 2024

Contents:

  1. Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria (CIF) - 2022
  2. Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria (FOB) - 2022
  3. Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria
  4. Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria

Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria (CIF) - 2022

In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $309 thousand per unit, growing by 133% against the previous year. Over the period under review, the import price posted pronounced growth. The most prominent rate of growth was recorded in 2020 an increase of 193% against the previous year. Over the period under review, average import prices hit record highs at $610 thousand per unit in 2016; however, from 2017 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 Malaysia ($2.8 million per unit), while the price for China ($3 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+50.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria (FOB) - 2022

The average export price for turbo-jets, turbo-propellers and other gas turbineses stood at $662 thousand per unit in 2022, jumping by 117% against the previous year. Overall, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 1,133%. The export price peaked at $888 thousand per unit in 2019; however, from 2020 to 2022, the export prices remained at a 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 the United Arab Emirates ($2.2 million per unit), while the average price for exports to Russia ($112 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 Sweden (+105.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria

In 2022, the amount of turbo-jets, turbo-propellers and other gas turbineses imported into Bulgaria surged to 458 units, rising by 309% compared with 2021. Overall, imports, however, continue to indicate a abrupt decrease. Imports peaked at 557 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $142M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A0.863.37812.5%
SwedenN/AN/AN/A45.10%
MalaysiaN/AN/AN/A25.00%
United States9.61.30.11.8-42.8%
SerbiaN/A1.01.41.00.0%
FranceN/A3.62.1N/A-41.7%
Turkey8.1N/AN/AN/A0%
Others11.910.410.55.2-24.1%
Total29.616.314.814268.7%

Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Bulgaria in 2022:

  1. United Kingdom (327.0 units)
  2. Sweden (94.0 units)
  3. Malaysia (9.0 units)
  4. Turkey (1.0 units)
  5. United States (1.0 units)
  6. Serbia (1.0 units)
  7. France (1.0 units)

Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria

In 2022, approx. 91 units of turbo-jets, turbo-propellers and other gas turbineses were exported from Bulgaria; with an increase of 3.4% against the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 167%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $60M in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A35.90%
United KingdomN/AN/A13.611.1-18.4%
United Arab Emirates18.1N/AN/A6.6-28.6%
SerbiaN/A1.21.72.544.3%
Canada1.00.20.10.7-11.2%
Russia0.30.1N/A0.1-30.7%
Norway3.46.93.0N/A-6.1%
ChinaN/A0.17.2N/A7100.0%
United States0.2N/AN/AN/A0%
Turkey2.6N/AN/AN/A0%
BrazilN/A13.4N/AN/A0%
Ukraine0.3N/A0.2N/A-18.4%
Others6.90.20.93.3-21.8%
Total32.922.226.860.222.3%

Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Bulgaria in 2022:

  1. United Kingdom (50.0 units)
  2. Sweden (21.0 units)
  3. Serbia (6.0 units)
  4. United Arab Emirates (3.0 units)
  5. Turkey (1.0 units)
  6. United States (1.0 units)
  7. Canada (1.0 units)
  8. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform

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