Report Update Nov 1, 2024

Bulgaria - Machines for Making Bags, Sacks or Envelopes of Paper or Paperboard - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bulgaria: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in Bulgaria

For the fourth consecutive year, the Bulgarian paper bag machine market recorded growth in sales value, which increased by 52% to $X in 2022. In general, consumption enjoyed buoyant growth. Paper bag machine consumption peaked in 2022 and is expected to retain growth in years to come.

Paper Bag Machine Production in Bulgaria

In value terms, paper bag machine production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep contraction. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Paper Bag Machine Exports

Exports from Bulgaria

In 2022, exports of machines for making bags, sacks or envelopes of paper or paperboard from Bulgaria skyrocketed to X units, picking up by 267% on the year before. Overall, exports saw a buoyant expansion. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, paper bag machine exports soared to $X in 2022. Over the period under review, exports recorded a significant increase. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea (X units) and Bosnia and Herzegovina (X units) were the main destinations of paper bag machine exports from Bulgaria. Moreover, paper bag machine exports in South Korea exceeded the figures recorded by the second-largest exporter, Bosnia and Herzegovina, twofold.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of 0.0%).

In value terms, South Korea ($X) emerged as the key foreign market for machines for making bags, sacks or envelopes of paper or paperboard exports from Bulgaria, comprising 93% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to South Korea was relatively modest.

Export Prices by Country

The average paper bag machine export price stood at $X per unit in 2021, which is down by -8.5% against the previous year. Overall, the export price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2017 when the average export price increased by 1,629%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Bosnia and Herzegovina amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greece (-65.9%).

Paper Bag Machine Imports

Imports into Bulgaria

In 2022, imports of machines for making bags, sacks or envelopes of paper or paperboard into Bulgaria surged to X units, with an increase of 100% against 2021 figures. In general, imports continue to indicate moderate growth. The most prominent rate of growth was recorded in 2019 with an increase of 1,600% against the previous year. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, paper bag machine imports surged to $X in 2022. Overall, imports showed a moderate expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 1,575% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), China (X units) and Turkey (X units) were the main suppliers of paper bag machine imports to Bulgaria.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +3.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of machines for making bags, sacks or envelopes of paper or paperboard to Bulgaria, comprising 58% of total imports. The second position in the ranking was taken by China ($X), with a 24% share of total imports. It was followed by Turkey, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +81.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.5% per year) and Turkey (-0.8% per year).

Import Prices by Country

In 2022, the average paper bag machine import price amounted to $X per unit, jumping by 55% against the previous year. In general, the import price posted a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 86% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, 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 Greece ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for making bags, sacks or envelopes of paper or paperboard in the world?

The countries with the highest volumes of in 2021 were Nigeria, China and the United States, together comprising 28% of global consumption.

What are the largest producers of machines for making bags, sacks or envelopes of paper or paperboard in the world?

China constituted the country with the largest volume of paper bag machine production, accounting for 50% of total volume. Moreover, paper bag machine production in China exceeded the figures recorded by the second-largest producer, Germany, fourfold. The third position in this ranking was occupied by Japan, with a 6.4% share.

What are the leading suppliers of machines for making bags, sacks or envelopes of paper or paperboard to Bulgaria?

In value terms, the largest paper bag machine suppliers to Bulgaria were China, Turkey and the Netherlands, with a combined 91% share of total imports.

What is the average export price for machines for making bags, sacks or envelopes of paper or paperboard in Bulgaria?

In 2021, the average paper bag machine export price amounted to $48,718 per unit, shrinking by -21.1% against the previous year.

What is the average import price for machines for making bags, sacks or envelopes of paper or paperboard in Bulgaria?

The average paper bag machine import price stood at $69,194 per unit in 2021, with a decrease of -49.5% against the previous year.

This report provides an in-depth analysis of the paper bag 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 28951150 - Machines for making bags, sacks or envelopes of 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.

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