Bulgaria - Screwdrivers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingScrewdriver Price in Bulgaria - 2023
Contents:
- Screwdriver Price in Bulgaria (CIF) - 2022
- Screwdriver Price in Bulgaria (FOB) - 2022
- Screwdriver Imports in Bulgaria
- Screwdriver Exports in Bulgaria
Screwdriver Price in Bulgaria (CIF) - 2022
The average screwdriver import price stood at $9,632 per ton in 2022, increasing by 5.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2021 an increase of 19%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($14,195 per ton), while the price for China ($5,670 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Screwdriver Price in Bulgaria (FOB) - 2022
In 2022, the average screwdriver export price amounted to $14,693 per ton, which is down by -41.5% against the previous year. In general, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 53% against the previous year. The export price peaked at $25,122 per ton in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($30,591 per ton), while the average price for exports to Turkey ($8,291 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 Greece (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Screwdriver Imports in Bulgaria
In 2022, the amount of screwdrivers imported into Bulgaria surged to 230 tons, picking up by 15% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, screwdriver imports surged to $2.2M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +60.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Screwdriver in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 687 | 582 | 766 | 873 | 8.3% |
China | 464 | 448 | 633 | 704 | 14.9% |
Taiwan (Chinese) | 147 | 141 | 149 | 230 | 16.1% |
Poland | 35.9 | 21.4 | 31.9 | 59.3 | 18.2% |
Czech Republic | 71.8 | 54.3 | 66.2 | 44.8 | -14.5% |
Others | 225 | 133 | 174 | 300 | 10.1% |
Total | 1,631 | 1,380 | 1,819 | 2,211 | 10.7% |
Top Suppliers of Screwdriver to Bulgaria in 2022:
- China (124.1 tons)
- Germany (68.1 tons)
- Taiwan (Chinese) (17.0 tons)
- Poland (4.7 tons)
- Czech Republic (2.9 tons)
Screwdriver Exports in Bulgaria
In 2022, screwdriver exports from Bulgaria fell dramatically to 10 tons, with a decrease of -51.3% on 2021 figures. Over the period under review, exports saw a mild downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 112%. As a result, the exports reached the peak of 21 tons, and then declined dramatically in the following year.
In value terms, screwdriver exports declined sharply to $151K in 2022. Overall, exports saw a perceptible descent. The growth pace was the most rapid in 2021 with an increase of 152%. As a result, the exports attained the peak of $532K, and then shrank dramatically in the following year.
Export of Screwdriver in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | 16.1 | 17.7 | 22.0 | 33.9 | 28.2% |
Greece | 12.6 | 10.8 | 20.2 | 19.9 | 16.5% |
Romania | 19.8 | 13.8 | 13.0 | 17.8 | -3.5% |
Turkey | 25.0 | 5.4 | 7.3 | 9.0 | -28.9% |
North Macedonia | 7.8 | 13.5 | 6.2 | 9.0 | 4.9% |
Georgia | 6.8 | 3.5 | 6.8 | 7.7 | 4.2% |
Bosnia and Herzegovina | 1.0 | 0.7 | 4.2 | 7.4 | 94.9% |
Montenegro | 3.4 | 2.6 | 4.4 | 5.3 | 15.9% |
Kosovo | N/A | 2.0 | 3.6 | 3.0 | 22.5% |
Czech Republic | 41.8 | 0.3 | 76.3 | 2.5 | -60.9% |
San Marino | N/A | N/A | 55.3 | N/A | 0% |
Netherlands | N/A | N/A | 11.7 | N/A | 0% |
Others | 33.9 | 140 | 301 | 35.9 | 1.9% |
Total | 168 | 211 | 532 | 151 | -3.5% |
Top Export Markets for Screwdriver from Bulgaria in 2022:
- Serbia (2693.0 kg)
- Romania (2111.0 kg)
- Turkey (1080.0 kg)
- Bosnia and Herzegovina (863.0 kg)
- Greece (650.0 kg)
- Montenegro (608.0 kg)
- Georgia (574.0 kg)
- North Macedonia (496.0 kg)
- Kosovo (300.0 kg)
- Czech Republic (89.0 kg)
This report provides an in-depth analysis of the screwdriver market 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 25733063 - Screwdrivers
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
-
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
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The global screwdriver market is expected to see continuous growth over the next seven years, with an anticipated increase in both volume and value. By 2030, the market volume is projected to reach 199K tons, while the market value is expected to hit $2B.
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