Bulgaria: Manure Spreader Market 2025

Manure Spreader Market Size in Bulgaria

In 2022, after three years of growth, there was significant decline in the Bulgarian manure spreader market, when its value decreased by -5.8% to $X. Over the period under review, consumption saw a abrupt contraction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Manure Spreader Production in Bulgaria

In value terms, manure spreader production shrank slightly to $X in 2022 estimated in export price. Overall, production recorded a pronounced decrease. The growth pace was the most rapid in 2013 with an increase of 92%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Manure Spreader Exports

Exports from Bulgaria

After four years of growth, shipments abroad of manure spreaders and fertilizer distributors decreased by -8.5% to X units in 2016. Over the period under review, total exports indicated a resilient expansion from 2012 to 2016: its volume increased at an average annual rate of +10.3% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, exports increased by +48.3% against 2012 indices. The growth pace was the most rapid in 2014 when exports increased by 27%. The exports peaked at X units in 2015, and then reduced in the following year.

In value terms, manure spreader exports expanded rapidly to $X in 2016. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 45% against the previous year. Over the period under review, the exports reached the peak figure in 2016 and are expected to retain growth in the immediate term.

Exports by Country

Romania (X units) was the main destination for manure spreader exports from Bulgaria, with a approx. 98% share of total exports.

From 2012 to 2016, the average annual growth rate of volume to Romania amounted to +10.7%.

In value terms, Romania ($X) also remains the key foreign market for manure spreaders and fertilizer distributors exports from Bulgaria.

From 2012 to 2016, the average annual rate of growth in terms of value to Romania amounted to +27.6%.

Export Prices by Country

The average manure spreader export price stood at $X per unit in 2016, jumping by 19% against the previous year. Overall, export price indicated a strong increase from 2012 to 2016: its price increased at an average annual rate of +14.7% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, manure spreader export price increased by +72.9% against 2012 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the maximum in 2016 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2012 to 2016, the rate of growth in terms of prices for Romania amounted to +15.3% per year.

Manure Spreader Imports

Imports into Bulgaria

In 2016, supplies from abroad of manure spreaders and fertilizer distributors decreased by -9.2% to X units, falling for the second consecutive year after three years of growth. In general, imports saw a deep setback. The pace of growth was the most pronounced in 2014 when imports increased by 13% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2016, the growth of imports remained at a somewhat lower figure.

In value terms, manure spreader imports declined significantly to $X in 2016. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 7.9%. As a result, imports attained the peak of $X. From 2014 to 2016, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), Turkey (X units) and France (X units) were the main suppliers of manure spreader imports to Bulgaria, with a combined 64% share of total imports. Denmark, Italy, Belgium, the Netherlands, the United States, the UK and Poland lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2016, the biggest increases were recorded for Belgium (with a CAGR of +38.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of manure spreaders and fertilizer distributors to Bulgaria, comprising 36% of total imports. The second position in the ranking was held by France ($X), with a 13% share of total imports. It was followed by Denmark, with a 12% share.

From 2012 to 2016, the average annual rate of growth in terms of value from Germany amounted to -13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-23.1% per year) and Denmark (+7.1% per year).

Import Prices by Country

In 2016, the average manure spreader import price amounted to $X per unit, waning by -10.1% against the previous year. Over the period under review, the import price showed a pronounced downturn. The pace of growth appeared the most rapid in 2015 an increase of 16% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2016, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Italy (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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