Bulgaria - Motor Graders and Levellers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBulgaria: Motor Grader Market 2024
Motor Grader Market Size in Bulgaria
In 2022, the Bulgarian motor grader market decreased by -4% to $X, falling for the second year in a row after four years of growth. Overall, consumption, however, saw a strong increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Motor Grader Production in Bulgaria
In value terms, motor grader production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 2.5%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
Motor Grader Exports
Exports from Bulgaria
In 2022, overseas shipments of motor graders and levellers increased by 25% to X units, rising for the second year in a row after three years of decline. Overall, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 100% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.
In value terms, motor grader exports surged to $X in 2022. In general, exports, however, continue to indicate a abrupt curtailment. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.
Exports by Country
Romania (X units), Greece (X units) and Serbia (X units) were the main destinations of motor grader exports from Bulgaria.
From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, the largest markets for motor grader exported from Bulgaria were Romania ($X), Greece ($X) and Serbia ($X).
In terms of the main countries of destination, Greece, with a CAGR of +23.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
In 2022, the average motor grader export price amounted to $X per unit, with an increase of 130% against the previous year. Overall, the export price, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2019 an increase of 173% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Serbia ($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 Germany (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.
Motor Grader Imports
Imports into Bulgaria
In 2022, approx. X units of motor graders and levellers were imported into Bulgaria; with a decrease of -13% on 2021. In general, imports, however, posted a perceptible increase. The growth pace was the most rapid in 2015 when imports increased by 250% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, motor grader imports expanded remarkably to $X in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 307% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
Imports by Country
In 2022, Italy (X units) constituted the largest motor grader supplier to Bulgaria, with a 35% share of total imports. Moreover, motor grader imports from Italy exceeded the figures recorded by the second-largest supplier, Romania (X units), fourfold. Germany (X units) ranked third in terms of total imports with a 10% share.
From 2012 to 2022, the average annual growth rate of volume from Italy stood at +24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+7.2% per year) and Germany (-15.7% per year).
In value terms, the largest motor grader suppliers to Bulgaria were the United States ($X), Italy ($X) and Germany ($X), with a combined 85% share of total imports.
Among the main suppliers, Italy, with a CAGR of +30.0%, recorded 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 motor grader import price stood at $X per unit in 2022, surging by 31% against the previous year. Overall, the import price posted strong growth. The pace of growth appeared the most rapid in 2018 an increase of 130%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the motor grader 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 28922200 - Motor graders and levellers
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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