Report Update Nov 1, 2024

Bulgaria - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Underground Continuous-Action Elevator Market 2024

Underground Continuous-Action Elevator Market Size in Bulgaria

The Bulgarian underground continuous-action elevator market contracted to $X in 2021, waning by -12.3% against the previous year. In general, consumption continues to indicate a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Underground Continuous-Action Elevator Production in Bulgaria

In value terms, underground continuous-action elevator production contracted sharply to $X in 2021 estimated in export price. Overall, production faced a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 151%. Underground continuous-action elevator production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Underground Continuous-Action Elevator Exports

Exports from Bulgaria

In 2019, the amount of underground continuous-action elevators and conveyors exported from Bulgaria expanded sharply to X units, growing by 14% compared with 2018 figures. Over the period under review, exports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2014 with an increase of 99% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

In value terms, underground continuous-action elevator exports reduced rapidly to $X in 2019. In general, exports, however, recorded a abrupt setback. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

Exports by Country

North Macedonia (X units) was the main destination for underground continuous-action elevator exports from Bulgaria, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to North Macedonia stood at -38.0%.

In value terms, North Macedonia ($X) emerged as the key foreign market for underground continuous-action elevators and conveyors exports from Bulgaria.

From 2012 to 2019, the average annual rate of growth in terms of value to North Macedonia totaled -41.9%.

Export Prices by Country

The average underground continuous-action elevator export price stood at $X per unit in 2019, shrinking by -31.5% against the previous year. Overall, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 19%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2019, the average export prices failed to regain momentum.

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

From 2012 to 2019, the rate of growth in terms of prices for Serbia amounted to +42.6% per year.

Underground Continuous-Action Elevator Imports

Imports into Bulgaria

In 2020, approx. X units of underground continuous-action elevators and conveyors were imported into Bulgaria; surging by 148% against 2019. Overall, imports showed a slight expansion. The most prominent rate of growth was recorded in 2017 with an increase of 29,195% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2020, the growth of imports remained at a lower figure.

In value terms, underground continuous-action elevator imports surged to $X in 2020. In general, imports recorded a pronounced increase. The pace of growth was the most pronounced in 2017 with an increase of 23,049% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2020, the growth of imports failed to regain momentum.

Imports by Country

In 2020, Greece (X units) was the main underground continuous-action elevator supplier to Bulgaria, with a approx. 100% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Greece was relatively modest.

In value terms, Greece ($X) constituted the largest supplier of underground continuous-action elevators and conveyors to Bulgaria.

From 2012 to 2020, the average annual growth rate of value from Greece was relatively modest.

Import Prices by Country

The average underground continuous-action elevator import price stood at $X per unit in 2020, growing by 5.7% against the previous year. In general, the import price saw a mild expansion. The most prominent rate of growth was recorded in 2016 an increase of 153% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Greece.

From 2012 to 2020, the rate of growth in terms of prices for Germany amounted to +47.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for underground continuous-action elevators and conveyors in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together accounting for 29% of global consumption. India, Japan, Italy, Austria, Brazil, Poland, Indonesia, South Korea, Canada and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 31%.

What are the largest producers of underground continuous-action elevators and conveyors in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, with a combined 29% share of global production. These countries were followed by India, Japan, Poland, the UK, Estonia, Italy, Brazil, South Korea, Canada and Democratic Republic of the Congo, which together accounted for a further 35%.

What are the leading importers of underground continuous-action elevators and conveyors from Bulgaria?

In value terms, North Macedonia remains the key foreign market for underground continuous-action elevator exports from Bulgaria, comprising 75% of total exports. The second position in the ranking was occupied by Serbia, with a 25% share of total exports.

What is the average export price for underground continuous-action elevators and conveyors in Bulgaria?

The average underground continuous-action elevator export price stood at $1,654 per unit in 2019, surging by 14% against the previous year.

This report provides an in-depth analysis of the underground continuous-action elevator 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 28921100 - Continuous-action elevators and conveyors, for underground use

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