Bulgaria: Market for Non-Motorised Hand-Operated Mechanical Floor Sweepers 2024

Market Size for Non-Motorised Hand-Operated Mechanical Floor Sweepers in Bulgaria

The Bulgarian mechanical hand floor sweeper market was estimated at $X in 2022, growing by 13% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a strong expansion. Mechanical hand floor sweeper consumption peaked in 2022 and is expected to retain growth in years to come.

Exports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Exports from Bulgaria

In 2022, shipments abroad of non-motorised hand-operated mechanical floor sweepers increased by 53% to X units, rising for the fourth year in a row after three years of decline. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 70%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, mechanical hand floor sweeper exports soared to $X in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 86%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Romania (X units), Serbia (X units) and Greece (X units) were the main destinations of mechanical hand floor sweeper exports from Bulgaria, with a combined 64% share of total exports. Bosnia and Herzegovina, Georgia, Poland, North Macedonia, Lithuania and Italy lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +74.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Greece ($X) and Serbia ($X) were the largest markets for mechanical hand floor sweeper exported from Bulgaria worldwide, together accounting for 61% of total exports. Bosnia and Herzegovina, Georgia, Italy, Poland, North Macedonia and Lithuania lagged somewhat behind, together comprising a further 19%.

Among the main countries of destination, Bosnia and Herzegovina, with a CAGR of +76.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mechanical hand floor sweeper export price stood at $X per unit in 2022, reducing by -15.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 45% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average 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 Italy ($X per unit), while the average price for exports to Serbia ($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 Lithuania (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Imports into Bulgaria

For the eleventh year in a row, Bulgaria recorded growth in purchases abroad of non-motorised hand-operated mechanical floor sweepers, which increased by 16% to X units in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +120.5% against 2012 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 17%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, mechanical hand floor sweeper imports soared to $X in 2022. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest mechanical hand floor sweeper supplier to Bulgaria, with a 56% share of total imports. Moreover, mechanical hand floor sweeper imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fivefold. The third position in this ranking was held by Germany (X units), with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+13.4% per year) and Germany (+9.8% per year).

In value terms, China ($X) constituted the largest supplier of non-motorised hand-operated mechanical floor sweepers to Bulgaria, comprising 49% of total imports. The second position in the ranking was held by Germany ($X), with an 8.7% share of total imports. It was followed by Turkey, with an 8% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.7% per year) and Turkey (+14.2% per year).

Import Prices by Country

In 2022, the average mechanical hand floor sweeper import price amounted to $X per unit, stabilizing at the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mechanical hand floor sweeper import price increased by +63.0% against 2015 indices. The pace of growth appeared the most rapid in 2021 an increase of 25% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 Romania ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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