Report Update Nov 1, 2024

Bulgaria - Crawler Tractors - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Crawler Tractor Market 2024

Crawler Tractor Market Size in Bulgaria

After five years of decline, the Bulgarian crawler tractor market increased by 11% to $X in 2021. In general, consumption, however, continues to indicate a abrupt setback. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Crawler Tractor Production in Bulgaria

In value terms, crawler tractor production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 42%. Crawler tractor production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Crawler Tractor Exports

Exports from Bulgaria

In 2021, overseas shipments of crawler tractors were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, faced a dramatic shrinkage. The growth pace was the most rapid in 2016 when exports increased by 240% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, crawler tractor exports soared to $X in 2021. Over the period under review, exports, however, faced a abrupt slump. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Georgia (X units) was the main destination for crawler tractor exports from Bulgaria, accounting for a approx. 50% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Georgia amounted to -32.2%.

In value terms, Romania ($X) emerged as the key foreign market for crawler tractors exports from Bulgaria, comprising 70% of total exports. The second position in the ranking was held by Georgia ($X), with a 4.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania totaled -16.7%.

Export Prices by Country

The average crawler tractor export price stood at $X per unit in 2021, growing by 29,188% against the previous year. Over the period under review, the export price recorded strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Georgia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Tractor Imports

Imports into Bulgaria

Crawler tractor imports into Bulgaria declined dramatically to X units in 2021, waning by -20% on 2020 figures. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2018 with an increase of 48%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, crawler tractor imports skyrocketed to $X in 2021. Overall, imports saw a abrupt shrinkage. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X units) constituted the largest crawler tractor supplier to Bulgaria, with a 38% share of total imports. Moreover, crawler tractor imports from France exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Poland (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.0% per year) and Poland (0.0% per year).

In value terms, the largest crawler tractor suppliers to Bulgaria were Germany ($X), Canada ($X) and Denmark ($X), together accounting for 64% of total imports.

Among the main suppliers, Germany, with a CAGR of +16.7%, 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 crawler tractor import price stood at $X per unit in 2021, picking up by 80% against the previous year. Overall, the import price recorded slight growth. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, 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 Canada ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crawler tractors in the world?

The countries with the highest volumes of in 2021 were Japan, Italy and the Netherlands, together comprising 32% of global consumption. These countries were followed by Germany, Iraq, Australia, Russia, Nepal, Romania, Belarus and the United States, which together accounted for a further 25%.

What are the largest producers of crawler tractors in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and Italy, with a combined 66% share of global production.

What are the leading suppliers of crawler tractors to Bulgaria?

In value terms, the largest crawler tractor suppliers to Bulgaria were Germany, Canada and Denmark, with a combined 63% share of total imports.

What are the leading importers of crawler tractors from Bulgaria?

In value terms, Romania emerged as the key foreign market for crawler tractor exports from Bulgaria, comprising 70% of total exports. The second position in the ranking was occupied by Moldova, with a 25% share of total exports.

What is the average export price for crawler tractors in Bulgaria?

In 2021, the average crawler tractor export price amounted to $10,949 per unit, picking up by 775% against the previous year.

What is the average import price for crawler tractors in Bulgaria?

The average crawler tractor import price stood at $74,687 per unit in 2021, increasing by 26% against the previous year.

This report provides an in-depth analysis of the crawler tractor market 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 28925000 - (Crawler tractors) Track-laying tractors

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023