Bulgaria: Market for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables 2024

Market Size for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Bulgaria

The Bulgarian market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables shrank sharply to $X in 2021, with a decrease of -19.1% against the previous year. Over the period under review, consumption, however, saw a notable expansion. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Bulgaria

In value terms, production of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables fell to $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +83.3% against 2013 indices. The most prominent rate of growth was recorded in 2018 with an increase of 15%. Production of peaked at $X in 2020, and then reduced in the following year.

Exports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Exports from Bulgaria

In 2021, the amount of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables exported from Bulgaria expanded sharply to X units, with an increase of 9% against the year before. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 464% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables skyrocketed to $X in 2021. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 1,931% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are likely to see steady growth in the near future.

Exports by Country

Ukraine (X units), Kazakhstan (X units) and Russia (X units) were the main destinations of exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables from Bulgaria, with a combined 78% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of +61.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for seed cleaning, sorting and grading machine exported from Bulgaria were Ukraine ($X), Kazakhstan ($X) and Moldova ($X), with a combined 85% share of total exports.

Among the main countries of destination, Moldova, with a CAGR of +52.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables stood at $X per unit in 2021, growing by 30% against the previous year. Overall, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2013 an increase of 262% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Russia ($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 Italy (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Imports into Bulgaria

In 2021, approx. X units of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables were imported into Bulgaria; flattening at the previous year's figure. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 132%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables fell markedly to $X in 2021. In general, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 196%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), Turkey (X units) and China (X units) were the main suppliers of imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables to Bulgaria, with a combined 76% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +98.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Spain ($X) and Germany ($X) were the largest seed cleaning, sorting and grading machine suppliers to Bulgaria, together accounting for 50% of total imports.

Among the main suppliers, Spain, with a CAGR of +57.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables stood at $X per unit in 2021, waning by -22% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 99% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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