Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Bulgaria - 2023

Contents:

1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Bulgaria (FOB) - 2022
2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Bulgaria (CIF) - 2023
3. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Bulgaria
4. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Bulgaria

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Bulgaria (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $3,679 per ton, surging by 12% against the previous year. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 54%. As a result, the export price reached the peak level of $13,231 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($29,431 per ton), while the average price for exports to Italy totaled $3,109 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.9%).

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Bulgaria (CIF) - 2023

In November 2023, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $12,770 per ton, which is down by -30% against the previous month. In general, the import price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in February 2023 an increase of 28% against the previous month. As a result, import price attained the peak level of $30,985 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($26,654 per ton), while the price for Turkey amounted to $5,943 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+63.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Bulgaria

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 exported from Bulgaria surged to 2.3K tons, increasing by 30% on 2021. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 surged to $8.3M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Bulgaria in 2022:

1. Italy (2208.5 tons)
2. United States (35.9 tons)

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Bulgaria

Imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into Bulgaria skyrocketed to 472 tons in 2022, surging by 67% against the year before. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 112% against the previous year. Over the period under review, imports of machine-tools; parts and accessories, for machines of heading no. 8464 attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 surged to $5.1M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Bulgaria in 2022:

1. Sweden (250.5 tons)
2. China (139.0 tons)
3. Turkey (22.7 tons)
4. Austria (15.5 tons)
5. Italy (13.3 tons)
6. United States (7.9 tons)
7. Germany (4.6 tons)
8. Hungary (0.9 tons)

Source: IndexBox Market Intelligence Platform