Report Update Nov 1, 2024

Bulgaria - Non-Electric Furnaces and Ovens for the Roasting or Melting - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in Bulgaria

The Bulgarian non-electric roasting furnace market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption posted a strong expansion. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Non-Electric Roasting Furnace Production in Bulgaria

In value terms, non-electric roasting furnace production soared to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Non-Electric Roasting Furnace Exports

Exports from Bulgaria

In 2022, shipments abroad of non-electric furnaces and ovens for the roasting or melting increased by 410% to X units, rising for the sixth consecutive year after two years of decline. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 1,250% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, non-electric roasting furnace exports skyrocketed to $X in 2022. Over the period under review, exports showed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 2,775% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Greece (X units) was the main destination for non-electric roasting furnace exports from Bulgaria, with a 89% share of total exports. Moreover, non-electric roasting furnace exports to Greece exceeded the volume sent to the second major destination, Switzerland (X units), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Greece stood at +90.5%.

In value terms, Greece ($X) emerged as the key foreign market for non-electric furnaces and ovens for the roasting or melting exports from Bulgaria, comprising 99.9% of total exports. The second position in the ranking was taken by Switzerland ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Greece amounted to +45.0%.

Export Prices by Country

In 2022, the average non-electric roasting furnace export price amounted to $X per unit, which is down by -31.2% against the previous year. Overall, the export price saw a abrupt decrease. The growth pace was the most rapid in 2017 when the average export price increased by 1,027% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a 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 Greece ($X per unit), while the average price for exports to Switzerland amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+66.3%), while the prices for the other major destinations experienced a decline.

Non-Electric Roasting Furnace Imports

Imports into Bulgaria

In value terms, non-electric roasting furnace imports reduced rapidly to $X in 2022. Overall, imports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 361% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In value terms, Germany ($X), Turkey ($X) and Italy ($X) were the largest non-electric roasting furnace suppliers to Bulgaria, with a combined 96% share of total imports. These countries were followed by Australia, which accounted for a further 4.3%.

Among the main suppliers, Australia, with a CAGR of +56.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-electric furnaces and ovens for the roasting or melting in the world?

The countries with the highest volumes of in 2021 were China, Indonesia and Turkey, with a combined 36% share of global consumption.

What are the largest producers of non-electric furnaces and ovens for the roasting or melting in the world?

The countries with the highest volumes of in 2021 were China, India and Italy, together comprising 40% of global production. These countries were followed by the United States, Germany, Brazil, Russia, Mexico, Japan, Spain and Pakistan, which together accounted for a further 28%.

What are the leading suppliers of non-electric furnaces and ovens for the roasting or melting to Bulgaria?

In value terms, Turkey constituted the largest supplier of non-electric roasting furnace to Bulgaria, comprising 81% of total imports. The second position in the ranking was occupied by Italy, with an 11% share of total imports.

What is the average export price for non-electric furnaces and ovens for the roasting or melting in Bulgaria?

The average non-electric roasting furnace export price stood at $193 per unit in 2021, dropping by -78.3% against the previous year.

What is the average import price for non-electric furnaces and ovens for the roasting or melting in Bulgaria?

In 2021, the average non-electric roasting furnace import price amounted to $2,065 per unit, declining by -30.2% against the previous year.

This report provides an in-depth analysis of the non-electric roasting furnace 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 28211230 - Non-electric furnaces and ovens for the roasting, melting or other heat-treatment of ores, pyrites or of metals

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