Report Update Nov 1, 2024

Bulgaria - Non-Numerically Controlled Sharpening Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Bulgaria

The Bulgarian non-numerically controlled sharpening machine market declined to $X in 2022, which is down by -11.4% 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, however, showed a resilient increase. As a result, consumption attained the peak level of $X, and then fell in the following year.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Bulgaria

Non-numerically controlled sharpening machine exports from Bulgaria surged to X units in 2022, jumping by 29% on the year before. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2019 when exports increased by 690% against the previous year. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, non-numerically controlled sharpening machine exports soared to $X in 2022. Over the period under review, exports showed buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 490% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X units) was the main destination for non-numerically controlled sharpening machine exports from Bulgaria, with a 91% share of total exports. It was followed by Serbia (X units), with a 2.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania totaled +26.8%.

In value terms, Romania ($X) remains the key foreign market for non-numerically controlled sharpening machines for working metal exports from Bulgaria, comprising 36% of total exports. The second position in the ranking was taken by Serbia ($X), with a 1.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Romania totaled +27.0%.

Export Prices by Country

The average non-numerically controlled sharpening machine export price stood at $X per unit in 2022, surging by 61% against the previous year. In general, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 117%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Romania amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Bulgaria

In 2022, approx. X units of non-numerically controlled sharpening machines for working metal were imported into Bulgaria; waning by -12.2% compared with 2021. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 103% against the previous year. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, non-numerically controlled sharpening machine imports stood at $X in 2022. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 93% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units) and Germany (X units) were the main suppliers of non-numerically controlled sharpening machine imports to Bulgaria.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +22.6%).

In value terms, the largest non-numerically controlled sharpening machine suppliers to Bulgaria were China ($X) and Germany ($X).

In terms of the main suppliers, Germany, with a CAGR of +16.6%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average non-numerically controlled sharpening machine import price stood at $X per unit in 2022, surging by 23% against the previous year. In general, the import price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 136% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 Germany ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-numerically controlled sharpening machines for working metal in the world?

The countries with the highest volumes of non-numerically controlled sharpening machine consumption in 2021 were China, the United States and South Africa, with a combined 44% share of global consumption. India, Germany, Japan, Nigeria, Russia, Bangladesh, the UK, Turkey, Canada and South Korea lagged somewhat behind, together comprising a further 36%.

What are the largest producers of non-numerically controlled sharpening machines for working metal in the world?

China constituted the country with the largest volume of non-numerically controlled sharpening machine production, comprising approx. 34% of total volume. Moreover, non-numerically controlled sharpening machine production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 10% share.

What are the leading suppliers of non-numerically controlled sharpening machines for working metal to Bulgaria?

In value terms, Germany, China and Italy appeared to be the largest non-numerically controlled sharpening machine suppliers to Bulgaria, together accounting for 88% of total imports.

What are the leading importers of non-numerically controlled sharpening machines for working metal from Bulgaria?

In value terms, Romania remains the key foreign market for non-numerically controlled sharpening machine exports from Bulgaria, comprising 55% of total exports. The second position in the ranking was occupied by Italy, with a 25% share of total exports. It was followed by Greece, with a 7.1% share.

What is the average export price for non-numerically controlled sharpening machines for working metal in Bulgaria?

The average non-numerically controlled sharpening machine export price stood at $35 per unit in 2021, surging by 3.1% against the previous year.

What is the average import price for non-numerically controlled sharpening machines for working metal in Bulgaria?

In 2021, the average non-numerically controlled sharpening machine import price amounted to $63 per unit, rising by 27% against the previous year.

This report provides an in-depth analysis of the market for non-numerically controlled sharpening machine 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 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) machines for working metal

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
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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
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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