Bulgaria - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Washing and Drying Machine in Bulgaria - 2023
Contents:
- Price for Washing and Drying Machine in Bulgaria (CIF) - 2023
- Price for Washing and Drying Machine in Bulgaria (FOB) - 2023
- Imports of Washing and Drying Machine in Bulgaria
- Exports of Washing and Drying Machine in Bulgaria
Price for Washing and Drying Machine in Bulgaria (CIF) - 2023
In July 2023, the average washing and drying machine import price amounted to $259 per unit, which is down by -6.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 15% m-o-m. As a result, import price attained the peak level of $315 per unit. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Hungary ($402 per unit), while the price for Hong Kong SAR ($185 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Washing and Drying Machine in Bulgaria (FOB) - 2023
In July 2023, the average washing and drying machine export price amounted to $305 per unit, falling by -2.3% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 14% against the previous month. Over the period under review, the average export prices hit record highs at $318 per unit in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In July 2023, the country with the highest price was Romania ($376 per unit), while the average price for exports to Malta ($299 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Washing and Drying Machine in Bulgaria
For the fourth year in a row, Bulgaria recorded growth in overseas purchases of household washing and drying machines, which increased by 3.4% to 470K units in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +56.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 36%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, washing and drying machine imports expanded modestly to $90M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
Import of Washing and Drying Machine in Bulgaria (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 12.3 | 18.7 | 24.5 | 29.5 | 33.9% |
Turkey | 17.5 | 13.0 | 15.2 | 15.1 | -4.8% |
Hungary | 7.6 | 7.7 | 12.9 | 13.3 | 20.5% |
China | 4.3 | 5.6 | 7.1 | 8.6 | 26.0% |
Italy | 5.6 | 7.3 | 7.5 | 6.5 | 5.1% |
Germany | 3.8 | 4.4 | 5.1 | 5.8 | 15.1% |
Poland | 10.2 | 8.3 | 7.5 | 4.4 | -24.4% |
Slovenia | 4.1 | 3.2 | 3.3 | 2.5 | -15.2% |
Others | 3.9 | 4.3 | 5.5 | 4.5 | 4.9% |
Total | 69.3 | 72.5 | 88.5 | 90.2 | 9.2% |
Top Suppliers of Washing and Drying Machine to Bulgaria in 2022:
- Romania (108.6K units)
- Turkey (69.8K units)
- Hungary (32.9K units)
- China (32.8K units)
- Italy (22.2K units)
- Poland (16.1K units)
- Germany (12.3K units)
- Slovenia (11.0K units)
Exports of Washing and Drying Machine in Bulgaria
In 2022, shipments abroad of household washing and drying machines decreased by -26.6% to 41K units, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a strong expansion. The growth pace was the most rapid in 2020 when exports increased by 121% against the previous year. As a result, the exports attained the peak of 62K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, washing and drying machine exports contracted dramatically to $8.1M in 2022. Over the period under review, total exports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 44% against the previous year. As a result, the exports reached the peak of $11M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Washing and Drying Machine in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 3.5 | 4.7 | 6.8 | 5.4 | 15.6% |
Romania | 0.3 | 0.8 | 1.0 | 0.7 | 32.6% |
Georgia | 0.2 | 0.2 | 0.1 | 0.4 | 26.0% |
Albania | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
Belgium | 0.5 | 0.7 | 0.6 | 0.4 | -7.2% |
Italy | 0.7 | 2.4 | 0.7 | 0.2 | -34.1% |
Germany | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
Israel | 1.4 | 0.9 | 0.4 | N/A | -46.5% |
Others | 0.4 | 0.6 | 0.4 | 0.4 | 0.0% |
Total | 7.5 | 10.9 | 10.6 | 8.1 | 2.6% |
Top Export Markets for Washing and Drying Machine from Bulgaria in 2022:
- Greece (19.2K units)
- Romania (2.2K units)
- Georgia (1.5K units)
- Albania (1.3K units)
- Belgium (1.3K units)
- Italy (0.7K units)
- Germany (0.5K units)
- Israel (0.2K units)
This report provides an in-depth analysis of the market for washing and drying machine in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27511300 - Cloth washing and drying machines, of the household type
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for washing and drying machine in Bulgaria.
This report provides an in-depth analysis of the global market for washing and drying machine.
Global Household Laundry Machinery Market Report 2018. This report provides an in-depth analysis of the global household laundry machinery market.
This report provides an in-depth analysis of the market for washing and drying machine in Bulgaria.
This report provides an in-depth analysis of the global market for washing and drying machine.
Global Household Laundry Machinery Market Report 2018. This report provides an in-depth analysis of the global household laundry machinery market.
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In value terms, dish washing machines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
In value terms, dish washing machines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend patter...
Global washing machine imports totaled X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...