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Report Bulgaria - Mining Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Bulgaria - Mining Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Bulgaria

In 2022, the Bulgarian market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids decreased by -20.2% to $X, falling for the second consecutive year after six years of growth. Overall, consumption, however, enjoyed a buoyant expansion. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Bulgaria

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids contracted dramatically to $X in 2022 estimated in export price. Overall, production, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when the production volume increased by 208%. As a result, production reached the peak level of $X, and then fell remarkably in the following year.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Bulgaria

In 2022, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Bulgaria dropped markedly to X units, with a decrease of -16.7% against 2021. Overall, exports, however, recorded a tangible expansion. The growth pace was the most rapid in 2021 with an increase of 402%. Over the period under review, the exports of attained the maximum at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids declined to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 149% against the previous year. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

Saudi Arabia (X units) was the main destination for exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Bulgaria, with a 75% share of total exports. Moreover, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Saudi Arabia exceeded the volume sent to the second major destination, Romania (X units), more than tenfold. The third position in this ranking was held by Germany (X units), with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at +62.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-16.2% per year) and Germany (+7.4% per year).

In value terms, Germany ($X), Saudi Arabia ($X) and Sweden ($X) were the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Bulgaria worldwide, together comprising 44% of total exports.

Sweden, with a CAGR of +102.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, picking up by 11% against the previous year. Overall, the export price, however, recorded a perceptible decrease. The growth pace was the most rapid in 2016 when the average export price increased by 668%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Bulgaria

In 2022, supplies from abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids decreased by -19.7% to X units, falling for the second year in a row after six years of growth. Overall, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 57% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids rose sharply to $X in 2022. In general, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2018 with an increase of 84% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X units), China (X units) and Germany (X units) were the main suppliers of imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Bulgaria, with a combined 83% share of total imports. Romania, Russia, Italy and Croatia lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +95.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids suppliers to Bulgaria were Italy ($X), Turkey ($X) and Germany ($X), together comprising 61% of total imports. China, Romania, Croatia and Russia lagged somewhat behind, together comprising a further 10%.

China, with a CAGR of +21.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, growing by 43% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 137% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of consumption of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, accounting for 43% of total volume. Moreover, consumption of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in China exceeded the figures recorded by the second-largest consumer, South Africa, threefold. The third position in this ranking was occupied by the United States, with a 4.7% share.
China remains the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids producing country worldwide, comprising approx. 69% of total volume. Moreover, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. The third position in this ranking was occupied by Italy, with a 4.2% share.
In value terms, Germany, Turkey and Italy constituted the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids suppliers to Bulgaria, together comprising 69% of total imports. These countries were followed by China, Romania and Russia, which together accounted for a further 14%.
In value terms, Germany remains the key foreign market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exports from Bulgaria, comprising 28% of total exports. The second position in the ranking was occupied by Norway, with an 11% share of total exports. It was followed by Romania, with a 9.4% share.
In 2021, the average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $759 per unit, which is down by -33.5% against the previous year.
The average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $504 per unit in 2021, falling by -13.5% against the previous year.

This report provides an in-depth analysis of the market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids 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 28924030 - Sorting, screening, separating, washing machines, crushing, g rinding, mixing, kneading machines excluding concrete/mortar mixers, machines for mixing mineral substances with bitumen
  • Prodcom 28924050 - Concrete or mortar mixers
  • Prodcom 28924070 - Machines for mixing mineral substances with bitumen
  • Prodcom 28993953 - Other machinery for earth, stone, ores, etc., n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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