Bulgaria: Hand-Held Blow Pipe Market 2024

Hand-Held Blow Pipe Market Size in Bulgaria

In 2021, the Bulgarian hand-held blow pipe market increased by 36% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed strong growth. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Hand-Held Blow Pipe Exports

Exports from Bulgaria

In 2021, overseas shipments of hand-held blow pipes for soldering, brazing or welding increased by 49% to X units, rising for the sixth consecutive year after two years of decline. Overall, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 249% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, hand-held blow pipe exports soared to $X in 2021. In general, exports saw a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by 57% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Romania (X units) was the main destination for hand-held blow pipe exports from Bulgaria, with a 58% share of total exports. Moreover, hand-held blow pipe exports to Romania exceeded the volume sent to the second major destination, Belgium (X units), sixfold. Greece (X units) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania stood at +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (0.0% per year) and Greece (+26.3% per year).

In value terms, Romania ($X) remains the key foreign market for hand-held blow pipes for soldering, brazing or welding exports from Bulgaria, comprising 48% of total exports. The second position in the ranking was taken by Greece ($X), with a 12% share of total exports. It was followed by Belgium, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania totaled +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+38.6% per year) and Belgium (0.0% per year).

Export Prices by Country

The average hand-held blow pipe export price stood at $X per unit in 2021, growing by 2.5% against the previous year. In general, the export price, however, showed a abrupt descent. The growth pace was the most rapid in 2015 an increase of 244% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Held Blow Pipe Imports

Imports into Bulgaria

In 2021, overseas purchases of hand-held blow pipes for soldering, brazing or welding increased by 33% to X units, rising for the second consecutive year after two years of decline. Overall, imports recorded resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by 82% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, hand-held blow pipe imports soared to $X in 2021. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 164% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Turkey (X units) and the Czech Republic (X units) were the main suppliers of hand-held blow pipe imports to Bulgaria, with a combined 81% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +89.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hand-held blow pipe suppliers to Bulgaria were China ($X), Turkey ($X) and Austria ($X), with a combined 56% share of total imports. These countries were followed by Poland, Italy, Germany and the Czech Republic, which together accounted for a further 43%.

The Czech Republic, with a CAGR of +75.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hand-held blow pipe import price stood at $X per unit in 2021, picking up by 7% against the previous year. In general, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 90% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+250.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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