Report Update Nov 1, 2024

Bulgaria - Machines for Deburring or Polishing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Bulgaria

After three years of growth, the Bulgarian metal deburring machine market decreased by -17.9% to $X in 2021. Overall, consumption, however, saw a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted notably in the following year.

Metal Deburring Machine Production in Bulgaria

In value terms, metal deburring machine production fell to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 75%. Metal deburring machine production peaked at $X in 2020, and then contracted in the following year.

Metal Deburring Machine Exports

Exports from Bulgaria

In 2021, shipments abroad of machines for deburring or polishing metal decreased by -59.3% to X units, falling for the third year in a row after two years of growth. In general, exports saw a significant decline. The pace of growth appeared the most rapid in 2015 with an increase of 85%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal deburring machine exports fell significantly to $X in 2021. Over the period under review, exports saw a abrupt decrease. The growth pace was the most rapid in 2015 when exports increased by 158% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for metal deburring machine exports from Bulgaria, accounting for a 95% share of total exports. Moreover, metal deburring machine exports to Turkey exceeded the volume sent to the second major destination, Italy (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +6.7%.

In value terms, Turkey ($X) remains the key foreign market for machines for deburring or polishing metal exports from Bulgaria, comprising 97% of total exports. The second position in the ranking was taken by Italy ($X), with a 1.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +4.1%.

Export Prices by Country

In 2021, the average metal deburring machine export price amounted to $X per unit, with a decrease of -24.7% against the previous year. Overall, the export price, however, showed a prominent increase. The growth pace was the most rapid in 2016 an increase of 78%. The export price peaked at $X per unit in 2020, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Turkey ($X per unit), while the average price for exports to Italy stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+3.8%), while the prices for the other major destinations experienced a decline.

Metal Deburring Machine Imports

Imports into Bulgaria

In 2021, approx. X units of machines for deburring or polishing metal were imported into Bulgaria; falling by -52.7% against the previous year. Over the period under review, imports recorded a pronounced setback. The growth pace was the most rapid in 2019 with an increase of 456% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, metal deburring machine imports dropped sharply to $X in 2021. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 365%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Turkey (X units) were the main suppliers of metal deburring machine imports to Bulgaria, together accounting for 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +61.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of machines for deburring or polishing metal to Bulgaria, comprising 53% of total imports. The second position in the ranking was held by Germany ($X), with a 20% share of total imports. It was followed by Turkey, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +41.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+43.3% per year) and Turkey (+39.7% per year).

Import Prices by Country

In 2021, the average metal deburring machine import price amounted to $X per unit, reducing by -57.7% against the previous year. Overall, the import price faced a deep setback. The pace of growth was the most pronounced in 2020 an increase of 262% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for deburring or polishing metal in the world?

China remains the largest metal deburring machine consuming country worldwide, comprising approx. 55% of total volume. Moreover, metal deburring machine consumption in China exceeded the figures recorded by the second-largest consumer, India, ninefold. Japan ranked third in terms of total consumption with a 3.7% share.

What are the largest producers of machines for deburring or polishing metal in the world?

The country with the largest volume of metal deburring machine production was China, accounting for 69% of total volume. Moreover, metal deburring machine production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Japan, with a 4.2% share.

What are the leading suppliers of machines for deburring or polishing metal to Bulgaria?

In value terms, Italy constituted the largest supplier of metal deburring machine to Bulgaria, comprising 78% of total imports. The second position in the ranking was occupied by the Czech Republic, with an 11% share of total imports. It was followed by Romania, with a 5.2% share.

What are the leading importers of machines for deburring or polishing metal from Bulgaria?

In value terms, Romania remains the key foreign market for metal deburring machine exports from Bulgaria.

What is the average export price for machines for deburring or polishing metal in Bulgaria?

The average metal deburring machine export price stood at $793 per unit in 2020, declining by -46% against the previous year.

What is the average import price for machines for deburring or polishing metal in Bulgaria?

In 2020, the average metal deburring machine import price amounted to $731 per unit, surging by 2% against the previous year.

This report provides an in-depth analysis of the metal deburring machine 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 28412395 - Machines for deburring or polishing metal (excluding gear finishing machines)

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