Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria (CIF) - 2022
The average import price for electric motors and generators stood at $91 per unit in 2022, waning by -23.3% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electric motors and generators decreased by -29.8% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 36%. The import price peaked at $129 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($248 per unit), while the price for Germany ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria (FOB) - 2022
The average export price for electric motors and generators stood at $43 per unit in 2022, shrinking by -38.1% against the previous year. Over the period under review, the export price recorded a slight decline. The most prominent rate of growth was recorded in 2013 an increase of 245% against the previous year. Over the period under review, the average export prices reached the peak figure at $310 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($151 per unit), while the average price for exports to Greece ($23 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 Greece (+0.2%), while the prices for the other major destinations experienced a decline.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria
In 2022, imports of electric motors and generators into Bulgaria surged to 1.4M units, rising by 51% compared with the previous year's figure. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 87% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of electric motors and generators skyrocketed to $125M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 83%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 29.6 | 29.7 | 35.3 | 51.4 | 20.2% |
| China | 5.3 | 10.2 | 19.1 | 33.0 | 84.0% |
| Japan | 10.6 | 15.6 | 45.3 | 31.4 | 43.6% |
| Germany | 1.1 | 1.2 | 3.4 | 3.1 | 41.3% |
| Italy | 0.6 | 0.7 | 0.8 | 0.6 | 0.0% |
| Others | 1.4 | 1.7 | 4.2 | 5.9 | 61.5% |
| Total | 48.6 | 59.2 | 108 | 125 | 37.0% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Bulgaria in 2022:
- China (638.9K units)
- Germany (263.4K units)
- Japan (212.5K units)
- Hungary (206.7K units)
- Italy (23.1K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria
Exports of electric motors and generators from Bulgaria skyrocketed to 104K units in 2022, growing by 298% on the previous year. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors and generators skyrocketed to $4.4M in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 74.9 | 131 | 2,240 | 891.2% |
| Czech Republic | 0.9 | 0.4 | 2.1 | 389 | 656.1% |
| South Korea | N/A | 89.6 | 305 | 346 | 96.5% |
| Denmark | 0.2 | 0.3 | 81.9 | 338 | 1091.1% |
| Japan | N/A | 2.0 | 56.9 | 190 | 874.7% |
| Netherlands | 158 | 182 | 197 | 181 | 4.6% |
| United States | 844 | 238 | 328 | 151 | -43.7% |
| Switzerland | 62.1 | 85.5 | 185 | 131 | 28.3% |
| China | N/A | 1.8 | 250 | 122 | 723.3% |
| United Kingdom | N/A | 31.8 | 106 | 104 | 80.8% |
| Poland | 40.6 | 42.5 | 17.3 | 64.5 | 16.7% |
| Greece | 30.5 | 34.6 | 34.4 | 18.3 | -15.7% |
| Others | 152 | 367 | 107 | 167 | 3.2% |
| Total | 1,291 | 1,150 | 1,803 | 4,441 | 51.0% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Bulgaria in 2022:
- Germany (62.3K units)
- Czech Republic (10.3K units)
- Denmark (7.1K units)
- South Korea (4.7K units)
- China (4.0K units)
- United Kingdom (2.5K units)
- Japan (2.3K units)
- United States (1.7K units)
- Switzerland (1.4K units)
- Poland (1.3K units)
- Netherlands (1.2K units)
- Greece (0.8K units)
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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...
1210
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
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