Report Update Nov 1, 2024

Bulgaria - Escalators and Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Escalator Market 2024

Escalator Market Size in Bulgaria

In 2022, the Bulgarian escalator market decreased by -5.4% to $X, falling for the eighth consecutive year after three years of growth. In general, consumption recorded a pronounced slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Escalator Production in Bulgaria

In value terms, escalator production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 104% against the previous year. Escalator production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Escalator Exports

Exports from Bulgaria

In 2022, shipments abroad of escalators and moving WalkWays decreased by -70% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of 140% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, escalator exports reduced notably to $X in 2022. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 158% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

North Macedonia (X units) and Ukraine (X units) were the main destinations of escalator exports from Bulgaria. Moreover, escalator exports in North Macedonia exceeded the figures recorded by the second-largest exporter, Ukraine, twofold.

From 2012 to 2022, the biggest increases were recorded for North Macedonia (with a CAGR of 0.0%).

In value terms, the largest markets for escalator exported from Bulgaria were North Macedonia ($X) and Ukraine ($X).

North Macedonia, with a CAGR of +56.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average escalator export price amounted to $X per unit, growing by 33% against the previous year. Over the period under review, the export price, however, recorded a slight setback. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to North Macedonia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+56.7%), while the prices for the other major destinations experienced more modest paces of growth.

Escalator Imports

Imports into Bulgaria

In 2022, supplies from abroad of escalators and moving WalkWays decreased by -37% to X units, falling for the fourth consecutive year after two years of growth. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2018 when imports increased by 392%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, escalator imports dropped to $X in 2022. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 468%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Slovakia (X units) and Austria (X units) were the main suppliers of escalator imports to Bulgaria, with a combined 86% share of total imports. Italy, Greece, Germany and Turkey lagged somewhat behind, together comprising a further 14%.

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 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of escalators and moving WalkWays to Bulgaria, comprising 58% of total imports. The second position in the ranking was taken by Slovakia ($X), with a 19% share of total imports. It was followed by Austria, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (-16.2% per year) and Austria (-10.3% per year).

Import Prices by Country

The average escalator import price stood at $X per unit in 2022, increasing by 38% against the previous year. Over the period under review, the import price, however, saw a slight reduction. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 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 Turkey ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+50.7%), 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 escalators and moving walkways in the world?

The countries with the highest volumes of in 2021 were India, China and the United States, with a combined 60% share of global consumption.

What are the largest producers of escalators and moving walkways in the world?

The countries with the highest volumes of in 2021 were India, China and the United States, together comprising 66% of global production.

What are the leading suppliers of escalators and moving walkways to Bulgaria?

In value terms, China, Sweden and Austria appeared to be the largest escalator suppliers to Bulgaria, together comprising 61% of total imports. These countries were followed by Germany, Slovakia, Finland and Italy, which together accounted for a further 39%.

What are the leading importers of escalators and moving walkways from Bulgaria?

In value terms, Ukraine remains the key foreign market for escalator exports from Bulgaria, comprising 86% of total exports. The second position in the ranking was occupied by North Macedonia, with a 14% share of total exports.

What is the average export price for escalators and moving walkways in Bulgaria?

The average escalator export price stood at $18,969 per unit in 2021, reducing by -7.9% against the previous year.

What is the average import price for escalators and moving walkways in Bulgaria?

The average escalator import price stood at $15,501 per unit in 2021, with a decrease of -24.7% against the previous year.

This report provides an in-depth analysis of the escalator 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 28221670 - Escalators and moving walkways

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