Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Bulgaria - 2023

Contents:

  1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bulgaria (CIF) - 2022
  2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bulgaria (FOB) - 2022
  3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bulgaria
  4. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bulgaria

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bulgaria (CIF) - 2022

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $92,078 per unit in 2022, with an increase of 180% against the previous year. Over the period under review, the import price saw a strong increase. As a result, import price reached 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 the United States ($183,004 per unit), while the price for Turkey ($3,332 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+46.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bulgaria (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $18,358 per unit in 2022, with a decrease of -43% against the previous year. In general, the export price, however, posted a measured expansion. The pace of growth appeared the most rapid in 2014 an increase of 85%. Over the period under review, the average export prices attained the peak figure at $55,013 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($46,503 per unit), while the average price for exports to Turkey ($3,439 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 Georgia (+503.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bulgaria

In 2022, overseas purchases of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -14% to 43 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 100%. As a result, imports reached the peak of 50 units, and then shrank in the following year.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion skyrocketed to $4M in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 155%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany33.232.110.63,296363.0%
United States591477153183-32.3%
SwedenN/A8.5299169345.9%
Belgium13745.8N/A1605.3%
RomaniaN/AN/AN/A86.10%
ChinaN/A0.311.862.31341.1%
Turkey2.70.534.03.36.9%
RussiaN/AN/A975N/A0%
GreeceN/A64.720.5N/A-68.3%
ItalyN/AN/A141N/A0%
Others0.417.40.9N/A50.0%
Total7646461,6473,95973.0%

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Bulgaria in 2022:

  1. Germany (37.0 units)
  2. Turkey (1.0 units)
  3. Romania (1.0 units)
  4. United States (1.0 units)
  5. Sweden (1.0 units)
  6. Belgium (1.0 units)
  7. China (1.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bulgaria

In 2022, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -76% to 6 units, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. As a result, the exports reached the peak of 26 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion dropped markedly to $110K in 2022. Overall, exports saw a precipitous curtailment. The smallest decline of -5.4% was in 2020. Over the period under review, the exports of reached the peak figure at $990K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A93.00%
Turkey9.0N/A42.510.34.6%
MaldivesN/AN/AN/A6.80%
Greece981931472N/A-30.6%
EgyptN/A1.0N/AN/A0%
OthersN/A5.1291N/A5605.9%
Total990937805110-51.9%

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion from Bulgaria in 2022:

  1. Turkey (3.0 units)
  2. Nigeria (2.0 units)
  3. Maldives (1.0 units)

Source: IndexBox Market Intelligence Platform

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