Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $60,143 per unit, growing by 65% against the previous year. In general, the import price posted a moderate increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($126,273 per unit), while the price for Switzerland ($1,236 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria (FOB) - 2022
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $92,094 per unit in 2022, picking up by 48% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs decreased by -23.5% against 2020 indices. Over the period under review, the average export prices hit record highs at $120,412 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($194,877 per unit), while the average price for exports to the United States ($10,663 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 Armenia (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria
In 2022, approx. 2.7K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were imported into Bulgaria; with a decrease of -17.6% compared with 2021 figures. Overall, imports saw a slight downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 21%. As a result, imports reached the peak of 3.2K units, and then declined significantly in the following year.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs rose significantly to $144M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +77.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 58.0 | 52.4 | 74.8 | 84.9 | 13.5% |
| Austria | 6.3 | 7.9 | 17.1 | 15.7 | 35.6% |
| France | 1.1 | 0.3 | 0.8 | 8.7 | 99.2% |
| Hungary | 0.2 | 3.1 | 4.3 | 5.8 | 207.2% |
| United States | 2.8 | 2.8 | 4.5 | 4.8 | 19.7% |
| Romania | 2.4 | 2.2 | 3.1 | 4.2 | 20.5% |
| Italy | 3.3 | 3.3 | 5.0 | 3.5 | 2.0% |
| Netherlands | 1.9 | 0.5 | 0.3 | 1.6 | -5.6% |
| Canada | 1.1 | 1.6 | 2.3 | 1.1 | 0.0% |
| United Arab Emirates | 0.2 | 0.5 | 1.4 | 0.9 | 65.1% |
| Switzerland | 0.8 | 1.0 | 1.0 | 0.7 | -4.4% |
| Georgia | 0.3 | N/A | 0.1 | 0.1 | -30.7% |
| Others | 12.7 | 5.3 | 12.0 | 11.5 | -3.3% |
| Total | 91.1 | 81.0 | 127 | 144 | 16.5% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Bulgaria in 2022:
- Germany (672.0 units)
- Switzerland (601.0 units)
- United States (366.0 units)
- Canada (154.0 units)
- France (148.0 units)
- Austria (132.0 units)
- Romania (77.0 units)
- Hungary (64.0 units)
- United Arab Emirates (63.0 units)
- Italy (54.0 units)
- Georgia (53.0 units)
- Netherlands (42.0 units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria
In 2022, overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs decreased by -44.9% to 184 units, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, the exports reached the peak of 362 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs contracted markedly to $17M in 2022. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. The exports peaked at $32M in 2021, and then fell rapidly in the following year.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.3 | 22.0 | 18.6 | 5.5 | -30.4% |
| Romania | 0.7 | 0.7 | 0.5 | 1.6 | 31.7% |
| Georgia | N/A | 0.1 | 0.1 | 1.6 | 300.0% |
| United Arab Emirates | N/A | N/A | 0.4 | 1.4 | 250.0% |
| Turkey | N/A | N/A | N/A | 0.9 | 0% |
| Armenia | 0.8 | 2.0 | N/A | 0.5 | -14.5% |
| Cyprus | 0.3 | 0.2 | N/A | 0.5 | 18.6% |
| Italy | 0.8 | 0.7 | 1.1 | 0.4 | -20.6% |
| Netherlands | 0.6 | 0.7 | 0.3 | 0.4 | -12.6% |
| Poland | 0.7 | 0.3 | 1.1 | 0.3 | -24.6% |
| Austria | N/A | N/A | N/A | 0.3 | 0% |
| Norway | N/A | N/A | N/A | 0.2 | 0% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Others | 5.6 | 4.7 | 10.1 | 3.8 | -12.1% |
| Total | 25.8 | 31.4 | 32.4 | 17.4 | -12.3% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Bulgaria in 2022:
- Germany (45.0 units)
- Georgia (35.0 units)
- Austria (9.0 units)
- Turkey (8.0 units)
- Romania (8.0 units)
- United Arab Emirates (8.0 units)
- Cyprus (8.0 units)
- Netherlands (6.0 units)
- Poland (5.0 units)
- Italy (4.0 units)
- Norway (4.0 units)
- Armenia (4.0 units)
- United States (3.0 units)
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