Report Update Jan 1, 2025

Bulgaria - Self-Propelled Coal or Rock Cutters and Tunnelling Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Self-Propelled Rock Cutter Market 2025

Self-Propelled Rock Cutter Market Size in Bulgaria

In 2021, the Bulgarian self-propelled rock cutter market decreased by -73.2% to $X, falling for the second consecutive year after two years of growth. Overall, consumption recorded a pronounced decline. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Self-Propelled Rock Cutter Exports

Exports from Bulgaria

In 2021, shipments abroad of self-propelled coal or rock cutters and tunnelling machinery decreased by -9.5% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2015 when exports increased by 765%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, self-propelled rock cutter exports shrank rapidly to $X in 2021. In general, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 713%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

North Macedonia (X units) was the main destination for self-propelled rock cutter exports from Bulgaria, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to North Macedonia amounted to +32.5%.

In value terms, North Macedonia ($X) emerged as the key foreign market for self-propelled coal or rock cutters and tunnelling machinery exports from Bulgaria.

From 2012 to 2021, the average annual growth rate of value to North Macedonia totaled +100.0%.

Export Prices by Country

The average self-propelled rock cutter export price stood at $X per unit in 2021, waning by -59.6% against the previous year. In general, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 114% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then declined notably in the following year.

As there is only one major export destination, the average price level is determined by prices for North Macedonia.

From 2012 to 2021, the rate of growth in terms of prices for North Macedonia amounted to -0.3% per year.

Self-Propelled Rock Cutter Imports

Imports into Bulgaria

In 2021, overseas purchases of self-propelled coal or rock cutters and tunnelling machinery decreased by -63.9% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 471% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, self-propelled rock cutter imports contracted significantly to $X in 2021. In general, imports showed a pronounced decline. The growth pace was the most rapid in 2013 when imports increased by 542%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of self-propelled rock cutter to Bulgaria, with a 52% share of total imports. Moreover, self-propelled rock cutter imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Greece (X units), fourfold. Germany (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +57.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-15.2% per year) and Germany (+14.1% per year).

In value terms, the largest self-propelled rock cutter suppliers to Bulgaria were the Netherlands ($X), Turkey ($X) and Finland ($X), with a combined 65% share of total imports. These countries were followed by Germany, Italy, Serbia and Greece, which together accounted for a further 34%.

Among the main suppliers, Italy, with a CAGR of +52.5%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average self-propelled rock cutter import price amounted to $X per unit, with a decrease of -29.6% against the previous year. In general, the import price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 43% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Finland ($X per unit), while the price for Greece ($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 UK (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of self-propelled rock cutter consumption in 2020 were New Zealand, Sweden and Japan, with a combined 59% share of global consumption. France, Saudi Arabia, India, Iran, South Korea, Poland, Azerbaijan, Turkey and Australia lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of self-propelled coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of self-propelled rock cutter production in 2020 were New Zealand, Sweden and Japan, together comprising 69% of global production. These countries were followed by Finland, India, Austria, Iran, France, China and Azerbaijan, which together accounted for a further 23%.

What are the leading suppliers of self-propelled coal or rock cutters and tunnelling machinery to Bulgaria?

In value terms, the UK constituted the largest supplier of self-propelled rock cutter to Bulgaria, comprising 98% of total imports. The second position in the ranking was occupied by North Macedonia, with a 1.3% share of total imports.

What is the average export price for self-propelled coal or rock cutters and tunnelling machinery in Bulgaria?

The average self-propelled rock cutter export price stood at $4,884 per unit in 2020, with an increase of 44% against the previous year.

What is the average import price for self-propelled coal or rock cutters and tunnelling machinery in Bulgaria?

The average self-propelled rock cutter import price stood at $7,845 per unit in 2020, growing by 37% against the previous year.

This report provides an in-depth analysis of the self-propelled rock cutter 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 28921233 - Self-propelled coal or rock cutters and tunnelling machinery

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024