Bulgaria - Electric Generating Sets and Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBulgaria: Market for Electric Generating Sets And Rotary Converters 2024
Market Size for Electric Generating Sets And Rotary Converters in Bulgaria
In 2021, after three years of growth, there was significant decline in the Bulgarian market for electric generating sets and rotary converters, when its value decreased by X% to $X. Overall, consumption showed a deep setback. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.
Production of Electric Generating Sets And Rotary Converters in Bulgaria
In value terms, production of electric generating sets and rotary converters contracted to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production of growth remained at a lower figure.
Exports of Electric Generating Sets And Rotary Converters
Exports from Bulgaria
In 2021, overseas shipments of electric generating sets and rotary converters increased by X% to X units, rising for the fourth consecutive year after two years of decline. In general, exports enjoyed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric generating sets and rotary converters contracted significantly to $X in 2021. Over the period under review, exports, however, recorded a significant curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
Exports by Country
Romania (X units) was the main destination for exports of electric generating sets and rotary converters from Bulgaria, accounting for a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to Romania exceeded the volume sent to the second major destination, the UK (X units), threefold. The third position in this ranking was held by Armenia (X units), with a X% share.
From 2012 to 2020, the average annual growth rate of volume to Romania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Armenia (X% per year).
In value terms, Romania ($X) emerged as the key foreign market for electric generating sets and rotary converters exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Greece ($X), with an X% share of total exports. It was followed by Serbia, with a X% share.
From 2012 to 2020, the average annual rate of growth in terms of value to Romania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Serbia (X% per year).
Export Prices by Country
The average export price for electric generating sets and rotary converters stood at $X per unit in 2020, reducing by X% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2020, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Generating Sets And Rotary Converters
Imports into Bulgaria
In 2021, supplies from abroad of electric generating sets and rotary converters increased by X% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, imports of electric generating sets and rotary converters rose remarkably to $X in 2021. In general, imports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
Turkey (X units), Hungary (X units) and China (X units) were the main suppliers of imports of electric generating sets and rotary converters to Bulgaria.
From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Turkey ($X) constituted the largest supplier of electric generating sets and rotary converters to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with an X% share of total imports. It was followed by Germany, with a X% share.
From 2012 to 2020, the average annual rate of growth in terms of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).
Import Prices by Country
The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, increasing by X% against the previous year. In general, the import price posted prominent growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2020, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for electric generating set and rotary converter in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27113110 - Generating sets with compression-ignition internal combustion piston engines, of an output . .75 kVA
- Prodcom 27113130 - Generating sets with compression-ignition internal combustion piston engines of an output > .75 kVA but . .375 kVA
- Prodcom 27113150 - Generating sets with compression-ignition internal combustion piston engines of an output > .375 kVA but . .750 kVA
- Prodcom 27113170 - Generating sets with compression-ignition engines of an output > .750 kVA
- Prodcom 27113233 - Generating sets with spark-ignition internal combustion piston engines of an output . 7,5 kVA
- Prodcom 27113235 - Generating sets with spark-ignition internal combustion piston engines of an output > 7,5 kVA
- Prodcom 27113250 - Generating sets (excluding wind-powered and powered by spark-ignition internal combustion piston engine)
- Prodcom 27113270 - Rotary converters
- Prodcom 28112400 - Generating sets, wind-powered
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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