Bulgaria - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Price for Continuous-Action Elevators and Conveyors in Bulgaria - 2023

Contents:

  1. Price for Continuous-Action Elevators and Conveyors in Bulgaria (CIF) - 2022
  2. Price for Continuous-Action Elevators and Conveyors in Bulgaria (FOB) - 2023
  3. Imports of Continuous-Action Elevators and Conveyors in Bulgaria
  4. Exports of Continuous-Action Elevators and Conveyors in Bulgaria

Price for Continuous-Action Elevators and Conveyors in Bulgaria (CIF) - 2022

The average continuous-action elevators and conveyors import price stood at $86,753 per unit in 2022, with an increase of 26% against the previous year. In general, the import price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 89%. As a result, import price attained the peak level of $125,049 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Turkey ($624,933 per unit), while the price for France ($6,731 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Continuous-Action Elevators and Conveyors in Bulgaria (FOB) - 2023

The average continuous-action elevators and conveyors export price stood at $3,617 per unit in August 2023, with a decrease of -58.9% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 214% month-to-month. Over the period under review, the average export prices reached the peak figure at $13,879 per unit in April 2023; afterwards, it flattened through to August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was France ($55,067 per unit), while the average price for exports to Greece ($2,387 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+33.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators and Conveyors in Bulgaria

In 2022, overseas purchases of continuous-action elevators and conveyors decreased by -27.4% to 249 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Over the period under review, imports attained the peak figure at 343 units in 2021, and then dropped dramatically in the following year.

In value terms, continuous-action elevators and conveyors imports reduced to $22M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, imports attained the peak of $24M, and then shrank in the following year.

Import of Continuous-Action Elevators and Conveyors in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.33.64.06.414.2%
Turkey2.52.35.56.235.4%
Italy2.33.60.52.2-1.5%
Austria0.23.77.21.6100.0%
Belgium0.3N/AN/A1.363.0%
Denmark0.40.10.40.40.0%
Canada0.1N/AN/A0.344.2%
Slovenia0.1N/AN/A0.344.2%
Ukraine0.1N/A0.20.226.0%
Netherlands2.30.60.20.1-64.8%
FranceN/AN/AN/A0.10%
Hungary0.30.3N/AN/A0.0%
PortugalN/AN/A1.5N/A0%
Others5.82.84.12.5-24.5%
Total18.817.023.721.64.7%

Top Suppliers of Continuous-Action Elevators and Conveyors to Bulgaria in 2022:

  1. Belgium (66.0 units)
  2. Austria (48.0 units)
  3. Germany (46.0 units)
  4. France (14.0 units)
  5. Turkey (10.0 units)
  6. Slovenia (9.0 units)
  7. Italy (7.0 units)
  8. Denmark (5.0 units)
  9. Ukraine (4.0 units)
  10. Canada (4.0 units)
  11. Netherlands (1.0 units)
  12. Portugal (1.0 units)
  13. Hungary (1.0 units)

Exports of Continuous-Action Elevators and Conveyors in Bulgaria

Continuous-action elevators and conveyors exports from Bulgaria expanded sharply to 63 units in 2022, increasing by 8.6% on the previous year's figure. Over the period under review, exports, however, faced a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 38% against the previous year. The exports peaked at 90 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, continuous-action elevators and conveyors exports declined slightly to $4M in 2022. In general, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, the exports reached the peak figure at $4.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Continuous-Action Elevators and Conveyors in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/A54.1172659249.0%
Italy85812587.1478-17.7%
Turkey39.515111328793.7%
Ukraine689194249280-25.9%
Czech Republic1.015.418.9219502.8%
FranceN/A38.6201180115.9%
Germany3.9306556102196.8%
BelgiumN/AN/AN/A63.20%
Canada6.7N/A8.061.5109.4%
United States61.13.76.139.3-13.7%
Armenia22.53.912.632.412.9%
Hungary38.795.212816.1-25.3%
Belarus30.017.637.213.7-23.0%
Others2,9302,1992,4851,526-19.5%
Total4,6803,2044,0733,956-5.4%

Top Export Markets for Continuous-Action Elevators and Conveyors from Bulgaria in 2022:

  1. Ukraine (14.0 units)
  2. Austria (13.0 units)
  3. Turkey (4.0 units)
  4. Armenia (4.0 units)
  5. Canada (3.0 units)
  6. Italy (2.0 units)
  7. Czech Republic (2.0 units)
  8. France (2.0 units)
  9. United States (2.0 units)
  10. Belarus (1.0 units)
  11. Germany (1.0 units)
  12. Belgium (1.0 units)
  13. Hungary (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for continuous-action elevators and conveyors 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 28221740 - Pneumatic elevators and conveyors
  • Prodcom 28221750 - Bucket type continuous-action elevators and conveyors for goods or materials
  • Prodcom 28221770 - Belt type continuous-action elevators and conveyors for goods or materials
  • Prodcom 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
  • Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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