Bulgaria - Machinery for Making Paper or Paperboard - Market Analysis, Forecast, Size, Trends and Insights
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Paper Machinery Market Size in Bulgaria
In 2021, the Bulgarian paper machinery market increased by 112% to $X, rising for the second year in a row after four years of decline. In general, consumption showed resilient growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.
Paper Machinery Production in Bulgaria
In value terms, paper machinery production contracted remarkably to $X in 2021 estimated in export price. In general, production showed a dramatic downturn. The most prominent rate of growth was recorded in 2017 with a decrease of -5.8% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.
Paper Machinery Exports
Exports from Bulgaria
Paper machinery exports from Bulgaria dropped sharply to X units in 2021, falling by -72.2% compared with the previous year's figure. In general, exports faced a deep reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 142% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.
In value terms, paper machinery exports skyrocketed to $X in 2021. Overall, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2019 when exports increased by 344% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
Serbia (X units) was the main destination for paper machinery exports from Bulgaria, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Serbia stood at -18.9%.
In value terms, Serbia ($X) emerged as the key foreign market for machinery for making paper or paperboard exports from Bulgaria.
From 2012 to 2021, the average annual rate of growth in terms of value to Serbia totaled -24.3%.
Paper Machinery Imports
Imports into Bulgaria
In 2021, imports of machinery for making paper or paperboard into Bulgaria stood at X units, approximately reflecting 2020 figures. Over the period under review, imports continue to indicate slight growth. The pace of growth was the most pronounced in 2015 when imports increased by 659%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.
In value terms, paper machinery imports surged to $X in 2021. In general, imports enjoyed a significant expansion. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X units) constituted the largest supplier of paper machinery to Bulgaria, with a 67% share of total imports. Moreover, paper machinery imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), twofold. Italy (X units) ranked third in terms of total imports with a 3.4% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-10.2% per year) and Italy (-16.4% per year).
In value terms, the Netherlands ($X) constituted the largest supplier of machinery for making paper or paperboard to Bulgaria, comprising 67% of total imports. The second position in the ranking was held by China ($X), with a 26% share of total imports. It was followed by Italy, with a 6.3% share.
From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+67.4% per year) and Italy (-12.5% per year).
Import Prices by Country
In 2021, the average paper machinery import price amounted to $X per unit, leveling off at the previous year. Over the period under review, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 1,386% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+70.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the paper machinery 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 28951115 - Machinery for making paper or paperboard
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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