Bulgaria - Machine Tools for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBulgaria: Market for Machine Tools For Working Metal 2024
Market Size for Machine Tools For Working Metal in Bulgaria
The Bulgarian machine-tool for working metal market skyrocketed to $X in 2021, picking up by 28% against the previous year. In general, consumption, however, showed a deep reduction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.
Production of Machine Tools For Working Metal in Bulgaria
In value terms, machine-tool for working metal production surged to $X in 2021 estimated in export price. Overall, production posted a resilient increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.
Exports of Machine Tools For Working Metal
Exports from Bulgaria
In 2021, machine-tool for working metal exports from Bulgaria surged to X units, rising by 61% compared with the previous year's figure. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 151%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, machine-tool for working metal exports skyrocketed to $X in 2021. Overall, total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -1.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 121%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Romania (X units), Italy (X units) and Russia (X units) were the main destinations of machine-tool for working metal exports from Bulgaria, with a combined 47% share of total exports. Turkey, Malaysia, Portugal, Germany, Greece and Georgia lagged somewhat behind, together accounting for a further 37%.
From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +250.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for machine-tool for working metal exported from Bulgaria were Germany ($X), Russia ($X) and Turkey ($X), together accounting for 55% of total exports. Romania, Italy, Greece, Portugal, Malaysia and Georgia lagged somewhat behind, together accounting for a further 32%.
Portugal, with a CAGR of +100.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average machine-tool for working metal export price amounted to $X per unit, declining by -13.7% against the previous year. Overall, the export price recorded a pronounced decline. The pace of growth was the most pronounced in 2018 when the average export price increased by 72% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to Malaysia ($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 Portugal (+49.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machine Tools For Working Metal
Imports into Bulgaria
In 2021, the amount of machine tools for working metal imported into Bulgaria surged to X units, jumping by 38% against the previous year's figure. In general, imports showed buoyant growth. The growth pace was the most rapid in 2017 with an increase of 148%. Imports peaked in 2021 and are expected to retain growth in years to come.
In value terms, machine-tool for working metal imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +104.3% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
Italy (X units), China (X units) and Turkey (X units) were the main suppliers of machine-tool for working metal imports to Bulgaria, together comprising 70% of total imports. Germany, Greece, Portugal, Belgium, Romania, Poland, Switzerland, Austria and the UK lagged somewhat behind, together accounting for a further 23%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +77.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X) constituted the largest supplier of machine tools for working metal to Bulgaria, comprising 38% of total imports. The second position in the ranking was held by Germany ($X), with an 18% share of total imports. It was followed by Turkey, with an 18% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.3% per year) and Turkey (+7.0% per year).
Import Prices by Country
The average machine-tool for working metal import price stood at $X per unit in 2021, flattening at the previous year. Overall, the import price, however, saw a deep downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 101%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for machine-tool for working metal 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 28413120 - Numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
- Prodcom 28413140 - Numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
- Prodcom 28413160 - Non-numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
- Prodcom 28413180 - Non-numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
- Prodcom 28413220 - Numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
- Prodcom 28413240 - Numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
- Prodcom 28413260 - Non-numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
- Prodcom 28413280 - Non-numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
- Prodcom 28413310 - Numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
- Prodcom 28413320 - Non-numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
- Prodcom 28413330 -
- Prodcom 28413340 -
- Prodcom 28413370 -
- Prodcom 28413380 -
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
Recommended reports
This report provides an in-depth analysis of the market for machine-tool for working metal in Asia.
This report provides an in-depth analysis of the global market for machine-tool for working metal.
This report provides an in-depth analysis of the market for machine-tool for working metal in the EU.
This report provides an in-depth analysis of the market for machine-tool for working metal in the U.S..
This report provides an in-depth analysis of the market for machine-tool for working metal in China.
- Market Research in Bulgaria
- Machine-tool for Working Metal Market
- Cold Metal-rolling Mill Market
- Mill Rolling Roll Market
- Machine-tool for Removing Material Market
- Horizontal Machining Centre Market
- Unit Construction Machine Market
- Multi-station Transfer Machine Market
- Lathe for Removing Metal Market
- Non-numerically Controlled Lathe Market