Starter motors and starter-generators market in Bulgaria

Earlier Report Observations

The market volume for starter motors and starter-generators in Bulgaria, measured in physical terms, fluctuated between 2018 and 2024. After reaching 570 t in 2019, the market contracted to 488 t in 2021, rebounded to 565 t in 2022, and then declined sharply to 426 t in 2023 and 335 t in 2024.

This overall movement was driven primarily by changes in imports, which ranged from 320 t to 583 t annually. The 20% drop in imports to 320 t in 2024 contributed significantly to the market's final contraction. Domestic production also trended downward from 159 t in 2019 to 84 t in 2024.

In 2024, the market was characterized by the presence of modern petrol and diesel engines with electric starters offering greater efficiency. New starter models with higher current intensity and capacity emerged, alongside new product segments such as monophase and triphase generators with electric starters, indicating technological renewal and an expansion of the available product range.

Production starter motors and starter-generators in Bulgaria

In value, 2017-2020, K $ US

After two years of growth, Bulgaria's production of starter motors and starter-generators declined in value terms. In 2020, output was valued at 922 K $ US, marking a 26.4% decrease from the previous year. Over the 2017-2020 period, production increased by 17.9%, with a compound annual growth rate of 5.6%. The peak value was recorded in 2019 at 1 254 K $ US, while the largest annual increase occurred in 2018 at 39.1%.

Annual dynamics of production in Bulgaria in value, 2017-2020, K $ US

In kind, 2017-2020, t

Following two years of improvement, Bulgaria's production of starter motors and starter-generators declined in physical terms. In 2020, 99.3 tonnes were produced, down 37.6% from the previous year. Between 2017 and 2020, production decreased by 14.7%, equating to an annualized rate of 5.2%. The highest output was in 2019 at 159.1 tonnes, with the largest increase recorded in 2018 at 23.7%.

Annual dynamics of production in Bulgaria in kind, 2017-2020, t

Exports starter motors and starter-generators from Bulgaria

Exports in kind, t

Bulgaria's exports of starter motors and starter-generators declined for the third consecutive year. In 2020, exports totaled 98.8 tonnes, an 8.9% decrease compared to 2019. Over the 2017-2020 period, exports fell by 44.7%, representing an annualized decline of 17.9%.

Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, t

From 2017 to 2020, Germany, Russia, and the United Kingdom were the top buyers of Bulgarian starter motors and starter-generators in physical terms. Germany accounted for 31.6% of exports, Russia for 24.4%, and the United Kingdom for 11.4%. Together, these three countries represented 67.4% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Bulgaria in kind, 2017-2020

Exports in value, K $ US

In 2020, Bulgaria's exports of starter motors and starter-generators reached 899 K $ US in value, showing a 21.5% increase from the previous year. The lowest value was recorded in 2019 at 739 K $ US, while the peak was in 2018 at 946 K $ US. The largest decline occurred in 2019 at 21.9%.

Annual dynamics of product's exports from Bulgaria in value, 2017-2020, K $ US

Throughout 2017-2020, Germany, Russia, and Iran were the key partners for Bulgaria's exports in value terms. Germany accounted for 35.2% of exports, Russia for 13.8%, and Iran for 9.3%. Combined, these three countries made up 58.3% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Bulgaria in value, 2017-2020

Imports starter motors and starter-generators to Bulgaria

Imports in kind, t

In 2020, Bulgaria's imports of starter motors and starter-generators amounted to 534.7 tonnes, showing a modest rise of 2.9% from the previous year. The lowest volume was recorded in 2019 at 519.7 tonnes, while the peak was in 2018 at 541.5 tonnes. The largest decline occurred in 2019 at 4.0%.

Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, t

From 2017 to 2020, Czechia, China, and Poland formed the main cluster of markets for Bulgaria's imports in physical terms. Czechia accounted for 35.7% of imports, China for 14.9%, and Poland for 10.7%. Together, these three countries represented 61.3% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Bulgaria in kind, 2017-2020

Imports in value, K $ US

In 2020, Bulgaria's imports of starter motors and starter-generators amounted to 2 701 K $ US, corresponding to a 1.4% increase from the previous year. Over the 2017-2020 period, imports grew by 2.2%, with a compound annual growth rate of 0.7%. The peak value was recorded in 2018 at 2 834 K $ US. The largest decline occurred in 2019 at 6.1%, while the largest increase was in 2018 at 7.2%.

Annual dynamics of product's imports to Bulgaria in value, 2017-2020, K $ US

Over 2017-2020, Czechia, China, and the Netherlands remained the leading destinations in Bulgaria's import structure in value terms. Czechia accounted for 22.8% of imports, China for 17.9%, and the Netherlands for 11.4%. Combined, these three countries represented 52.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Bulgaria in value, 2017-2020