Price for Shavers; with Self-Contained Electric Motor in Bulgaria - 2023

Contents:

1. Price for Shavers; with Self-Contained Electric Motor in Bulgaria (CIF) - 2022
2. Price for Shavers; with Self-Contained Electric Motor in Bulgaria (FOB) - 2023
3. Imports of Shavers; with Self-Contained Electric Motor in Bulgaria
4. Exports of Shavers; with Self-Contained Electric Motor in Bulgaria

Price for Shavers; with Self-Contained Electric Motor in Bulgaria (CIF) - 2022

In 2022, the average import price for shavers; with self-contained electric motors amounted to $31 per unit, rising by 24% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, shavers; with self-contained electric motor import price increased by +74.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 65%. Over the period under review, average import prices hit record highs at $32 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 ($67 per unit), while the price for Spain ($4.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Shavers; with Self-Contained Electric Motor in Bulgaria (FOB) - 2023

The average export price for shavers; with self-contained electric motors stood at $71.7 per unit in July 2023, declining by -44.1% against the previous month. Overall, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in January 2023 an increase of 105% m-o-m. Over the period under review, the average export prices attained the peak figure at $128 per unit in June 2023, and then shrank markedly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($324 per unit), while the average price for exports to Greece ($35.5 per unit) 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 Lithuania (+63.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shavers; with Self-Contained Electric Motor in Bulgaria

In 2022, approx. 198K units of shavers; with self-contained electric motors were imported into Bulgaria; shrinking by -24.5% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 63%. As a result, imports attained the peak of 262K units, and then contracted sharply in the following year.

In value terms, shavers; with self-contained electric motor imports shrank to $6.1M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +42.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of $6.5M, and then shrank in the following year.

Top Suppliers of Shavers; with Self-Contained Electric Motor to Bulgaria in 2022:

1. Germany (58.7K units)
2. Romania (52.4K units)
3. China (47.8K units)
4. Netherlands (34.6K units)
5. Hungary (22.6K units)
6. Spain (15.3K units)
7. Hong Kong SAR (5.9K units)

Exports of Shavers; with Self-Contained Electric Motor in Bulgaria

In 2022, exports of shavers; with self-contained electric motors from Bulgaria surged to 83K units, rising by 97% on 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 113% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, shavers; with self-contained electric motor exports soared to $2.3M in 2022. The total export value increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Shavers; with Self-Contained Electric Motor from Bulgaria in 2022:

1. Poland (21.2K units)
2. Spain (13.2K units)
3. Israel (10.2K units)
4. Greece (4.9K units)
5. Netherlands (3.2K units)
6. Germany (3.0K units)
7. United Arab Emirates (2.6K units)
8. Romania (2.3K units)
9. Italy (2.0K units)

Source: IndexBox Market Intelligence Platform