Bulgaria: Electric Brazing Machine Market 2025

Electric Brazing Machine Market Size in Bulgaria

The Bulgarian electric brazing machine market soared to $X in 2022, rising by 216% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed prominent growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Electric Brazing Machine Exports

Exports from Bulgaria

In 2022, shipments abroad of electric brazing or soldering machines and apparatus was finally on the rise to reach X units after two years of decline. Over the period under review, exports showed modest growth. The most prominent rate of growth was recorded in 2017 when exports increased by 261% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electric brazing machine exports skyrocketed to $X in 2022. In general, exports saw a noticeable expansion. The growth pace was the most rapid in 2018 when exports increased by 278%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco (X units) was the main destination for electric brazing machine exports from Bulgaria, accounting for a 56% share of total exports. Moreover, electric brazing machine exports to Morocco exceeded the volume sent to the second major destination, Turkey (X units), fourfold. The third position in this ranking was taken by Greece (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Morocco totaled +28.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+13.9% per year) and Greece (-4.3% per year).

In value terms, Morocco ($X) emerged as the key foreign market for electric brazing or soldering machines and apparatus exports from Bulgaria, comprising 85% of total exports. The second position in the ranking was held by Turkey ($X), with a 9.5% share of total exports. It was followed by Greece, with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Morocco totaled +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+14.8% per year) and Greece (+0.3% per year).

Export Prices by Country

In 2022, the average electric brazing machine export price amounted to $X per unit, with an increase of 2.2% against the previous year. Overall, the export price continues to indicate a slight increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 375%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($X per unit), while the average price for exports to Ukraine ($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 Slovakia (+66.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports into Bulgaria

After four years of decline, purchases abroad of electric brazing or soldering machines and apparatus increased by 213% to X units in 2022. In general, imports posted a resilient increase. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, electric brazing machine imports soared to $X in 2022. Over the period under review, imports recorded a remarkable increase. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and Austria (X units) were the main suppliers of electric brazing machine imports to Bulgaria, with a combined 89% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +32.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electric brazing or soldering machines and apparatus to Bulgaria, comprising 53% of total imports. The second position in the ranking was held by Austria ($X), with a 26% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+32.5% per year) and China (+22.0% per year).

Import Prices by Country

The average electric brazing machine import price stood at $X per unit in 2022, surging by 2.8% against the previous year. Overall, the import price saw a modest expansion. The most prominent rate of growth was recorded in 2018 an increase of 83% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Germany ($X per unit), while the price for North Macedonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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