Price for Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria (FOB) - 2023
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria (CIF) - 2022
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria (FOB) - 2023
The average export price for machinery; parts of the machinery of heading no. 8425 stood at $8,683 per ton in November 2023, declining by -7% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 12% against the previous month. As a result, the export price attained the peak level of $10,110 per ton. From March 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In November 2023, the countries with the highest prices were Ukraine ($13,376 per ton) and Kazakhstan ($12,150 per ton), while the average price for exports to Uzbekistan ($10,005 per ton) and Turkey ($11,656 per ton) were amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria (CIF) - 2022
The average import price for machinery; parts of the machinery of heading no. 8425 stood at $6,517 per ton in 2022, shrinking by -5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 46%. The import price peaked at $6,902 per ton in 2021, and then shrank in the following year.
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 the Netherlands ($13,527 per ton), while the price for Italy ($5,566 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 exported from Bulgaria fell slightly to 1.9K tons, flattening at the previous year's figure. Overall, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 3.3% against the previous year.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $16M in 2022. The total export value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.6 | 8.0 | 9.4 | 10.6 | 3.4% |
| Russia | 1.5 | 1.5 | 1.6 | 1.4 | -2.3% |
| Germany | 0.3 | 0.3 | 0.2 | 0.9 | 44.2% |
| Romania | 0.6 | 0.5 | 0.8 | 0.7 | 5.3% |
| Turkey | N/A | N/A | N/A | 0.3 | 0% |
| Poland | 0.5 | 0.3 | 0.4 | 0.3 | -15.7% |
| Others | 1.2 | 1.1 | 1.2 | 1.8 | 14.5% |
| Total | 13.6 | 11.8 | 13.6 | 16.1 | 5.8% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Bulgaria in 2022:
- Italy (1474.7 tons)
- Russia (136.3 tons)
- Romania (92.1 tons)
- Germany (55.6 tons)
- Turkey (29.8 tons)
- Poland (23.2 tons)
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria
Imports of machinery; parts of the machinery of heading no. 8425 into Bulgaria soared to 579 tons in 2022, growing by 24% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $3.8M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Over the period under review, imports of machinery; parts of machinery of heading no. 8425 attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,306 | 2,016 | 2,403 | 2,782 | 6.5% |
| Netherlands | 213 | 111 | 151 | 155 | -10.1% |
| Romania | 68.9 | 38.9 | 1.0 | 132 | 24.2% |
| Germany | 314 | 151 | 173 | 81.3 | -36.3% |
| Greece | N/A | 0.7 | 45.0 | 60.9 | 832.7% |
| China | 127 | 30.1 | 62.5 | 54.8 | -24.4% |
| Others | 231 | 247 | 382 | 510 | 30.2% |
| Total | 3,261 | 2,594 | 3,217 | 3,776 | 5.0% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Bulgaria in 2022:
- Italy (499.8 tons)
- Romania (21.1 tons)
- Netherlands (11.4 tons)
- Greece (10.9 tons)
- China (9.6 tons)
- Germany (9.0 tons)
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