Price for Winches and Capstans; Powered by an Electric Motor in Bulgaria - 2023

Contents:

  1. Price for Winches and Capstans; Powered by an Electric Motor in Bulgaria (CIF) - 2022
  2. Price for Winches and Capstans; Powered by an Electric Motor in Bulgaria (FOB) - 2022
  3. Imports of Winches and Capstans; Powered by an Electric Motor in Bulgaria
  4. Exports of Winches and Capstans; Powered by an Electric Motor in Bulgaria

Price for Winches and Capstans; Powered by an Electric Motor in Bulgaria (CIF) - 2022

The average import price for winches and capstans; powered by an electric motors stood at $211 per unit in 2022, with an increase of 15% against the previous year. Overall, the import price saw a slight increase. The pace of growth appeared the most rapid in 2015 an increase of 143%. Over the period under review, average import prices reached the maximum at $651 per unit in 2016; however, from 2017 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 Italy ($2,383 per unit), while the price for China ($111 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Winches and Capstans; Powered by an Electric Motor in Bulgaria (FOB) - 2022

The average export price for winches and capstans; powered by an electric motors stood at $653 per unit in 2022, jumping by 190% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The export price peaked at $1,200 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($4,300 per unit), while the average price for exports to Georgia ($135 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 (+35.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Winches and Capstans; Powered by an Electric Motor in Bulgaria

In 2022, after three years of growth, there was significant decline in supplies from abroad of winches and capstans; powered by an electric motors, when their volume decreased by -34.8% to 5.9K units. Over the period under review, imports saw a pronounced curtailment. The growth pace was the most rapid in 2021 when imports increased by 36%. As a result, imports reached the peak of 9.1K units, and then contracted markedly in the following year.

In value terms, imports of winches and capstans; powered by an electric motors reduced notably to $1.2M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Winches and Capstans; Powered by an Electric Motor in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21921544944826.9%
Italy499642484288-16.7%
Poland330487569285-4.8%
Turkey35.011172.478.330.8%
Russia1.92.23.220.4120.6%
Germany70.113644.811.5-45.3%
Others84.410534.411711.5%
Total1,2391,6991,6571,2480.2%

Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Bulgaria in 2022:

  1. China (4048.0 units)
  2. Poland (1405.0 units)
  3. Italy (121.0 units)
  4. Turkey (102.0 units)
  5. Russia (100.0 units)
  6. Germany (26.0 units)

Exports of Winches and Capstans; Powered by an Electric Motor in Bulgaria

After three years of growth, overseas shipments of winches and capstans; powered by an electric motors decreased by -80.2% to 756 units in 2022. Over the period under review, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 152%. As a result, the exports reached the peak of 3.8K units, and then dropped rapidly in the following year.

In value terms, exports of winches and capstans; powered by an electric motors declined notably to $494K in 2022. In general, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 113% against the previous year. As a result, the exports attained the peak of $860K, and then dropped notably in the following year.

Export of Winches and Capstans; Powered by an Electric Motor in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey17222271.92066.2%
Romania27.938.715574.438.7%
Egypt19.8N/A1.357.742.8%
North Macedonia13.530.349.042.947.0%
Italy10.524.228.934.148.1%
Greece2.28.549916.997.3%
Georgia13.31.86.55.1-27.3%
United Kingdom4.0N/AN/AN/A0%
Others97.478.348.956.0-16.8%
Total36140486049411.0%

Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Bulgaria in 2022:

  1. Romania (235.0 units)
  2. Italy (162.0 units)
  3. North Macedonia (108.0 units)
  4. Greece (54.0 units)
  5. Turkey (48.0 units)
  6. Egypt (47.0 units)
  7. Georgia (38.0 units)

Source: IndexBox Market Intelligence Platform

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