Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria (CIF) - 2022
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $2,265 per unit in 2022, which is down by -2.9% against the previous year. Overall, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2015 when the average import price increased by 34% against the previous year. Over the period under review, average import prices reached the maximum at $6,293 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 United States ($13,454 per unit), while the price for Japan ($324 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+278.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $1,384 per unit in 2022, with a decrease of -14.2% against the previous year. Overall, the export price, however, posted notable growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 111%. The export price peaked at $1,613 per unit in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($10,043 per unit), while the average price for exports to Mauritania ($201 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 Iran (+43.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria
In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) into Bulgaria surged to 7.6K units, rising by 88% compared with 2021. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 134%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) surged to $17M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4,025 | 3,090 | 2,626 | 8,550 | 28.5% |
| United States | 2,173 | 1,403 | 489 | 2,072 | -1.6% |
| Italy | 684 | 428 | 1,105 | 1,573 | 32.0% |
| Serbia | 84.2 | 443 | N/A | 1,309 | 149.6% |
| United Kingdom | 71.9 | 225 | 454 | 581 | 100.7% |
| France | 318 | 306 | 383 | 435 | 11.0% |
| Czech Republic | 45.3 | 3,090 | 1,500 | 262 | 79.5% |
| China | 154 | 65.0 | 105 | 232 | 14.6% |
| Slovakia | N/A | 278 | 364 | 208 | -13.5% |
| Turkey | 125 | 89.8 | 204 | 108 | -4.8% |
| Japan | 27.1 | 74.0 | 65.4 | 95.4 | 52.1% |
| Kazakhstan | N/A | 611 | 1.2 | N/A | -99.8% |
| Others | 1,727 | 1,478 | 2,188 | 1,846 | 2.2% |
| Total | 9,436 | 11,582 | 9,486 | 17,272 | 22.3% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Bulgaria in 2022:
- Germany (3298.0 units)
- Italy (2210.0 units)
- China (459.0 units)
- Serbia (360.0 units)
- Japan (294.0 units)
- United Kingdom (201.0 units)
- France (197.0 units)
- United States (154.0 units)
- Turkey (50.0 units)
- Slovakia (42.0 units)
- Czech Republic (39.0 units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria
In 2022, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -52% to 1.5K units, falling for the second year in a row after two years of growth. In general, exports saw a mild downturn. The growth pace was the most rapid in 2020 when exports increased by 464%. As a result, the exports attained the peak of 8.6K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) declined markedly to $2M in 2022. Overall, exports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2020 when exports increased by 391% against the previous year. As a result, the exports attained the peak of $9.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 121 | 421 | 409 | 413 | 50.6% |
| Iran | 38.0 | 114 | 47.3 | 392 | 117.7% |
| North Macedonia | 1.0 | 12.6 | 146 | 239 | 520.6% |
| Ghana | 107 | 316 | 274 | 174 | 17.6% |
| Nigeria | 146 | 86.7 | 105 | 133 | -3.1% |
| Iraq | 46.1 | 59.8 | 52.7 | 80.5 | 20.4% |
| Mauritania | 22.7 | 17.3 | 16.4 | 17.8 | -7.8% |
| Georgia | 10.8 | 4.5 | 212 | 9.8 | -3.2% |
| Greece | 1,011 | 933 | 473 | 1.6 | -88.3% |
| Algeria | N/A | 6,095 | 2,096 | N/A | -65.6% |
| Others | 378 | 1,187 | 1,046 | 548 | 13.2% |
| Total | 1,881 | 9,245 | 4,877 | 2,008 | 2.2% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Bulgaria in 2022:
- North Macedonia (296.0 units)
- Ghana (219.0 units)
- Iraq (192.0 units)
- Nigeria (186.0 units)
- Turkey (180.0 units)
- Mauritania (89.0 units)
- Georgia (41.0 units)
- Iran (39.0 units)
- Greece (2.0 units)
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