Bulgaria: Market for Road Tractors For Semi-Trailers 2025

Market Size for Road Tractors For Semi-Trailers in Bulgaria

The Bulgarian road tractor for semi-trailer market reduced slightly to $X in 2021, with a decrease of -4.2% against the previous year. In general, consumption continues to indicate a noticeable decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Road Tractors For Semi-Trailers in Bulgaria

In value terms, road tractor for semi-trailer production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate mild growth. The pace of growth was the most pronounced in 2017 when the production volume increased by 60%. Road tractor for semi-trailer production peaked at $X in 2020, and then declined in the following year.

Exports of Road Tractors For Semi-Trailers

Exports from Bulgaria

Road tractor for semi-trailer exports from Bulgaria stood at X units in 2021, increasing by 4.5% compared with 2020. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 33%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, road tractor for semi-trailer exports soared to $X in 2021. Over the period under review, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Georgia (X units), Turkey (X units) and Iran (X units) were the main destinations of road tractor for semi-trailer exports from Bulgaria, with a combined 59% share of total exports. These countries were followed by Belgium, Egypt, Greece, North Macedonia, the United Arab Emirates, the Netherlands, Qatar, Jordan, Armenia and Romania, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +69.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for road tractor for semi-trailer exported from Bulgaria were Turkey ($X), Georgia ($X) and Belgium ($X), with a combined 56% share of total exports. These countries were followed by Iran, Romania, Egypt, Greece, North Macedonia, Armenia, the Netherlands, Jordan, Qatar and the United Arab Emirates, which together accounted for a further 35%.

Among the main countries of destination, Greece, with a CAGR of +61.2%, recorded 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 road tractor for semi-trailer export price stood at $X per unit in 2021, with an increase of 66% against the previous year. Over the period under review, the export price, however, showed a mild reduction. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Road Tractors For Semi-Trailers

Imports into Bulgaria

In 2021, purchases abroad of road tractors for semi-trailers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 87% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, road tractor for semi-trailer imports skyrocketed to $X in 2021. In general, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.0% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 67%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Belgium (X units) and the Netherlands (X units) were the main suppliers of road tractor for semi-trailer imports to Bulgaria, with a combined 60% share of total imports. France, Austria, Sweden, Poland and Romania lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +21.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) constituted the largest road tractor for semi-trailer suppliers to Bulgaria, together accounting for 67% of total imports. France, Sweden, Austria, Poland and Romania lagged somewhat behind, together comprising a further 24%.

In terms of the main suppliers, France, with a CAGR of +26.4%, saw the highest growth rate of 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

In 2021, the average road tractor for semi-trailer import price amounted to $X per unit, rising by 23% against the previous year. In general, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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