Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria (CIF) - 2022
In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $5,667 per unit, falling by -20.7% against the previous year. In general, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 68%. As a result, import price attained the peak level of $23,793 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($19,499 per unit), while the price for China ($807 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $21,809 per unit, rising by 8.5% against the previous year. Over the period under review, the export price saw a significant increase. The growth pace was the most rapid in 2015 when the average export price increased by 744%. The export price peaked at $42,841 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($97,262 per unit), while the average price for exports to Georgia ($3,461 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 Russia (+75.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria
In 2022, imports of electric motors; ac motors, multi-phase, of an output exceeding 75kws into Bulgaria reduced to 388 units, dropping by -6.3% compared with 2021 figures. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 184% against the previous year. As a result, imports attained the peak of 414 units, and then reduced in the following year.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs contracted remarkably to $2.2M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports attained the peak of $3M, and then dropped dramatically in the following year.
Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 136 | 989 | 709 | 713 | 73.7% |
Italy | 60.7 | 71.4 | 26.6 | 478 | 99.0% |
Greece | 148 | 115 | 268 | 192 | 9.1% |
Finland | 49.4 | 13.1 | 207 | 136 | 40.2% |
Czech Republic | 109 | 75.4 | 98.1 | 109 | 0.0% |
Turkey | 40.2 | 37.9 | 129 | 101 | 35.9% |
China | 9.3 | 4.5 | 293 | 85.5 | 109.5% |
North Macedonia | 344 | 3.4 | N/A | N/A | -99.0% |
Ukraine | 224 | 35.4 | 83.9 | N/A | -38.8% |
Others | 1,030 | 935 | 1,146 | 383 | -28.1% |
Total | 2,151 | 2,281 | 2,960 | 2,199 | 0.7% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Bulgaria in 2022:
- China (106.0 units)
- Italy (98.0 units)
- Germany (76.0 units)
- Turkey (34.0 units)
- Greece (21.0 units)
- Czech Republic (12.0 units)
- Finland (7.0 units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria
In 2022, shipments abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -62.3% to 23 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a mild increase. The pace of growth was the most pronounced in 2021 when exports increased by 126%. As a result, the exports reached the peak of 61 units, and then shrank markedly in the following year.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs fell sharply to $502K in 2022. In general, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 139%. As a result, the exports reached the peak of $1.2M, and then declined dramatically in the following year.
Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Azerbaijan | N/A | N/A | N/A | 186 | 0% |
United Kingdom | N/A | N/A | N/A | 97.3 | 0% |
Iran | 208 | N/A | 942 | 90.1 | -24.3% |
United Arab Emirates | N/A | 234 | 18.1 | 85.9 | -39.4% |
Turkey | 68.7 | 91.2 | 5.1 | 22.8 | -30.8% |
China | N/A | N/A | N/A | 13.1 | 0% |
Georgia | 8.2 | N/A | N/A | 6.9 | -5.6% |
Armenia | N/A | N/A | 100 | N/A | 0% |
North Macedonia | 24.4 | 4.2 | 93.1 | N/A | 95.3% |
Serbia | 4.5 | 158 | 3.4 | N/A | -13.1% |
Brazil | N/A | N/A | 65.1 | N/A | 0% |
Others | 35.1 | 25.2 | N/A | N/A | -28.2% |
Total | 349 | 513 | 1,227 | 502 | 12.9% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Bulgaria in 2022:
- United Arab Emirates (8.0 units)
- Iran (5.0 units)
- Turkey (3.0 units)
- Azerbaijan (3.0 units)
- Georgia (2.0 units)
- United Kingdom (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the ac/dc motor market in Bulgaria.
This report provides an in-depth analysis of the dc motor market in Bulgaria.
This report provides an in-depth analysis of the global ac/dc motor market.
This report provides an in-depth analysis of the global dc motor market.
This report provides an in-depth analysis of the ac/dc motor market in Bulgaria.
This report provides an in-depth analysis of the dc motor market in Bulgaria.
This report provides an in-depth analysis of the global ac/dc motor market.
This report provides an in-depth analysis of the global dc motor market.
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex