Bulgaria: Special Vehicle Body Market 2025

Special Vehicle Body Market Size in Bulgaria

After two years of growth, the Bulgarian special vehicle body market decreased by X% to $X in 2022. Overall, consumption recorded a dramatic downturn. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Special Vehicle Body Production in Bulgaria

In value terms, special vehicle body production dropped slightly to $X in 2022 estimated in export price. In general, production, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2021, and then declined slightly in the following year.

Special Vehicle Body Exports

Exports from Bulgaria

In 2022, approx. X units of bodies for special purpose motor vehicles were exported from Bulgaria; rising by X% on 2021. Over the period under review, exports posted a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, special vehicle body exports surged to $X in 2022. Overall, exports, however, recorded a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for special vehicle body exports from Bulgaria, accounting for a X% share of total exports. Moreover, special vehicle body exports to the United States exceeded the volume sent to the second major destination, Ghana (X units), more than tenfold. The third position in this ranking was taken by Georgia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Georgia (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for bodies for special purpose motor vehicles exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Georgia ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Ghana (X% per year).

Export Prices by Country

In 2022, the average special vehicle body export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price faced a sharp slump. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 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 Georgia ($X per unit), while the average price for exports to the United States ($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 Georgia (X%), while the prices for the other major destinations experienced a decline.

Special Vehicle Body Imports

Imports into Bulgaria

In 2022, approx. X units of bodies for special purpose motor vehicles were imported into Bulgaria; waning by X% on the year before. Overall, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then reduced remarkably in the following year.

In value terms, special vehicle body imports contracted rapidly to $X in 2022. In general, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell significantly in the following year.

Imports by Country

Turkey (X units), Poland (X units) and France (X units) were the main suppliers of special vehicle body imports to Bulgaria, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Italy ($X) and Turkey ($X) were the largest special vehicle body suppliers to Bulgaria, with a combined X% share of total imports.

Among the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average special vehicle body import price stood at $X per unit in 2022, almost unchanged from the previous year. In general, the import price, however, saw a slight contraction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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