Bulgaria - Electro-Magnetic Couplings, Clutches And Brakes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectro-Magnetic Coupling Price in Bulgaria - 2023
Contents:
- Electro-Magnetic Coupling Price in Bulgaria (CIF) - 2023
- Electro-Magnetic Coupling Price in Bulgaria (FOB) - 2023
- Electro-Magnetic Coupling Imports in Bulgaria
- Electro-Magnetic Coupling Exports in Bulgaria
Electro-Magnetic Coupling Price in Bulgaria (CIF) - 2023
The average electro-magnetic coupling import price stood at $81,823 per ton in July 2023, jumping by 28% against the previous month. In general, the import price posted a slight expansion. The most prominent rate of growth was recorded in November 2022 an increase of 341% against the previous month. Over the period under review, average import prices attained the maximum at $92,829 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($129K per ton), while the price for Poland ($28,251 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+73.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Electro-Magnetic Coupling Price in Bulgaria (FOB) - 2023
In July 2023, the average electro-magnetic coupling export price amounted to $61,888 per ton, picking up by 25% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($83,923 per ton), while the average price for exports to Kazakhstan ($25,943 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Electro-Magnetic Coupling Imports in Bulgaria
After three years of growth, overseas purchases of electro-magnetic couplings, clutches and brakes decreased by -19.2% to 46 tons in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% 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 +38.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 57 tons, and then contracted notably in the following year.
In value terms, electro-magnetic coupling imports expanded remarkably to $2.3M in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 87%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Electro-Magnetic Coupling in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 651 | 736 | 1,843 | 1,625 | 35.7% |
| Belgium | 3.4 | 6.4 | 8.1 | 268 | 328.8% |
| Spain | 0.4 | N/A | 0.7 | 75.3 | 473.1% |
| Italy | 29.5 | 20.1 | 24.0 | 41.3 | 11.9% |
| Austria | 24.9 | 27.7 | 54.3 | 34.9 | 11.9% |
| Greece | 9.0 | 8.4 | 31.2 | 33.1 | 54.4% |
| Others | 225 | 362 | 205 | 241 | 2.3% |
| Total | 943 | 1,161 | 2,166 | 2,318 | 35.0% |
Top Suppliers of Electro-Magnetic Coupling to Bulgaria in 2022:
- Germany (31.0 tons)
- Belgium (4.1 tons)
- Greece (3.1 tons)
- Spain (1.8 tons)
- Italy (1.7 tons)
- Austria (1.1 tons)
Electro-Magnetic Coupling Exports in Bulgaria
In 2022, exports of electro-magnetic couplings, clutches and brakes from Bulgaria skyrocketed to 20 tons, rising by 393% compared with the previous year's figure. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,587% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, electro-magnetic coupling exports soared to $960K in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 517% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Electro-Magnetic Coupling in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.8 | N/A | 129 | 895 | 583.7% |
| Belgium | N/A | 0.7 | 0.4 | 35.9 | 616.1% |
| Russia | 3.8 | 2.2 | 2.6 | N/A | -17.3% |
| Others | 7.3 | 23.3 | 28.8 | 29.2 | 58.7% |
| Total | 13.9 | 26.1 | 161 | 960 | 310.3% |
Top Export Markets for Electro-Magnetic Coupling from Bulgaria in 2022:
- Germany (18.8 tons)
- Belgium (0.7 tons)
This report provides an in-depth analysis of the electro-magnetic coupling 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 27904050 - Electro-magnetic couplings, clutches and brakes (excluding mechanical hydraulic or pneumatic brakes controlled by electro-magnetic devices)
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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