Bulgaria: Market for Turbo-Propellers Of A Power Exceeding 1,100 kW 2025

Market Size for Turbo-Propellers Of A Power Exceeding 1,100 kW in Bulgaria

The Bulgarian turbo-propeller (over X kW) market dropped modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption saw a mild descent. The pace of growth appeared the most rapid in 2017 when the market value increased by X%. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Turbo-Propellers Of A Power Exceeding X kW in Bulgaria

In value terms, turbo-propeller (over X kW) production shrank slightly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Exports from Bulgaria

In 2022, the amount of turbo-propellers of a power exceeding X kW exported from Bulgaria soared to X units, growing by X% against 2021 figures. In general, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, turbo-propeller (over X kW) exports surged to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Canada (X units) was the main destination for turbo-propeller (over X kW) exports from Bulgaria, with a X% share of total exports. Moreover, turbo-propeller (over X kW) exports to Canada exceeded the volume sent to the second major destination, Russia (X units), twofold. The third position in this ranking was taken by Cote d'Ivoire (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Cote d'Ivoire (X% per year).

In value terms, Cote d'Ivoire ($X) emerged as the key foreign market for turbo-propellers of a power exceeding X kW exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Cote d'Ivoire was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the UK (X% per year).

Export Prices by Country

The average turbo-propeller (over X kW) export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to Russia ($X 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 Canada (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Imports into Bulgaria

In 2022, purchases abroad of turbo-propellers of a power exceeding X kW decreased by X% to X units, falling for the third consecutive year after four years of growth. Over the period under review, imports saw a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, turbo-propeller (over X kW) imports soared to $X in 2022. Overall, imports continue to indicate a perceptible increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Canada (X units) was the main supplier of turbo-propeller (over X kW) to Bulgaria, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada totaled X%.

In value terms, Canada ($X) constituted the largest supplier of turbo-propellers of a power exceeding X kW to Bulgaria.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada stood at X%.

Import Prices by Country

In 2022, the average turbo-propeller (over X kW) import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :