Price for Baby Carriages and Parts Thereof in Bulgaria - 2023

Price for Baby Carriages and Parts Thereof in Bulgaria (CIF) - 2023

The average import price for baby carriages and parts thereoves stood at $51.4 per unit in July 2023, declining by -7.2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 27% against the previous month. The import price peaked at $72.4 per unit in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($169 per unit), while the price for China ($36.7 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Baby Carriages and Parts Thereof in Bulgaria (FOB) - 2023

The average export price for baby carriages and parts thereoves stood at $60.1 per unit in July 2023, increasing by 3.3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 13% against the previous month. As a result, the export price reached the peak level of $70.8 per unit. From May 2023 to July 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($75.8 per unit), while the average price for exports to North Macedonia ($47.0 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 Hungary (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Baby Carriages and Parts Thereof in Bulgaria

In 2022, the amount of baby carriages and parts thereoves imported into Bulgaria amounted to 240K units, picking up by 13% compared with the previous year's figure. Overall, imports, however, continue to indicate a pronounced contraction. Over the period under review, imports attained the maximum at 271K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, baby carriages and parts thereof imports surged to $13M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Baby Carriages and Parts Thereof in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	8.3	8.6	8.3	9.0	2.7%
Germany	0.5	0.7	0.9	1.2	33.9%
Poland	0.9	1.0	0.9	0.8	-3.9%
Netherlands	0.3	0.3	0.4	0.7	32.6%
Lithuania	0.3	0.3	0.2	0.4	10.1%
Spain	0.1	0.2	0.1	0.3	44.2%
Others	0.6	0.7	0.7	1.0	18.6%
Total	10.9	11.9	11.5	13.5	7.4%

Top Suppliers of Baby Carriages and Parts Thereof to Bulgaria in 2022:

China (192.0K units)
Germany (13.3K units)
Poland (10.4K units)
Spain (5.0K units)
Netherlands (4.6K units)
Lithuania (4.4K units)

Exports of Baby Carriages and Parts Thereof in Bulgaria

In 2022, overseas shipments of baby carriages and parts thereoves decreased by -2.5% to 157K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 7.2%. The exports peaked at 161K units in 2021, and then fell in the following year.

In value terms, baby carriages and parts thereof exports rose significantly to $9.6M in 2022. The total export value increased at an average annual rate of +12.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Baby Carriages and Parts Thereof in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Greece	937	1,287	1,412	1,765	23.5%
Serbia	699	707	977	1,128	17.3%
Spain	469	698	828	988	28.2%
Georgia	513	522	745	850	18.3%
France	282	518	498	531	23.5%
Romania	638	627	559	504	-7.6%
Germany	247	433	517	466	23.6%
Italy	56.6	145	388	457	100.6%
Bosnia and Herzegovina	344	291	367	338	-0.6%
Hungary	350	393	311	321	-2.8%
North Macedonia	269	318	285	297	3.4%
United Arab Emirates	N/A	0.9	N/A	291	1698.1%
Netherlands	294	221	354	287	-0.8%
Others	1,686	1,338	1,392	1,414	-5.7%
Total	6,784	7,498	8,632	9,638	12.4%