Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria - 2023

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria (CIF) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria (FOB) - 2022
  3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria
  4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria (CIF) - 2022

In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $730 per unit, surging by 83% against the previous year. In general, the import price, however, recorded a slight slump. Over the period under review, average import prices hit record highs at $955 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($1,929 per unit), while the price for the UK ($111 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $1,972 per unit, increasing by 8.8% against the previous year. Overall, the export price, however, showed a abrupt descent. The growth pace was the most rapid in 2017 an increase of 148%. As a result, the export price attained the peak level of $7,989 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($3,905 per unit), while the average price for exports to Montenegro ($7.6 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 Serbia (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria

In 2022, overseas purchases of weighing machines; having a maximum weighing capacity exceeding 5000kgs increased by 9.8% to 1.4K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a drastic downturn. Imports peaked at 2.5K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs soared to $1M in 2022. Overall, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey33822035377231.7%
GermanyN/A22.217.7132143.8%
China17713010732.3-43.3%
France0.3N/AN/A16.6281.1%
Austria225N/AN/A7.7-67.5%
Netherlands4.940.31.74.8-0.7%
United KingdomN/AN/A5.64.5-19.6%
Others64.314832.568.62.2%
Total8105625171,0388.6%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Bulgaria in 2022:

  1. Turkey (1110.0 units)
  2. China (92.0 units)
  3. Germany (73.0 units)
  4. France (49.0 units)
  5. United Kingdom (41.0 units)
  6. Netherlands (10.0 units)
  7. Austria (4.0 units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria

After three years of growth, shipments abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs decreased by -6.8% to 248 units in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 90% against the previous year. As a result, the exports reached the peak of 266 units, and then declined in the following year.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs reached $489K in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 166%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania0.5181203457870.5%
FinlandN/A68.773.329.0-35.0%
North Macedonia0.516.20.32.877.6%
MontenegroN/AN/AN/A0.10%
Greece20.2111193N/A209.1%
PolandN/AN/A6.8N/A0%
United Arab EmiratesN/AN/A1.9N/A0%
Czech Republic5.1N/AN/AN/A0%
Others14270.23.10.4-85.9%
Total16844848248942.8%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Bulgaria in 2022:

  1. Romania (117.0 units)
  2. Finland (116.0 units)
  3. Montenegro (7.0 units)
  4. North Macedonia (6.0 units)

Source: IndexBox Market Intelligence Platform

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