Report Update: Apr 1, 2024

Bulgaria - Transmission Shafts And Cranks, Bearing Housings And Plain Shaft Bearings, Gears And Gearing And Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights

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Transmission Shaft Price in Bulgaria - 2023

Transmission Shaft Price in Bulgaria (CIF) - 2022

The average transmission shaft import price stood at $14,078 per ton in 2022, shrinking by -1.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2020 when the average import price increased by 15%. As a result, import price attained the peak level of $14,507 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($32,902 per ton), while the price for Slovenia ($4,763 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Transmission Shaft Price in Bulgaria (FOB) - 2023

The average transmission shaft export price stood at $15,516 per ton in August 2023, approximately mirroring the previous month. Over the period under review, export price indicated a perceptible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, transmission shaft export price increased by +26.7% against May 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 51% against the previous month. As a result, the export price reached the peak level of $18,777 per ton. From May 2023 to August 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($35,841 per ton), while the average price for exports to Hungary ($4,038 per ton) 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 Turkey (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Shaft Imports in Bulgaria

In 2022, transmission shaft imports into Bulgaria surged to 6.8K tons, rising by 28% on the previous year. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, transmission shaft imports soared to $95M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Transmission Shaft in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	19.9	23.7	31.1	38.4	24.5%
China	3.4	2.7	4.1	8.7	36.8%
Italy	6.4	5.5	7.3	8.5	9.9%
Slovenia	2.0	1.6	3.1	5.3	38.4%
Poland	2.0	2.6	3.3	4.2	28.1%
Turkey	1.5	1.4	3.3	3.6	33.9%
Taiwan (Chinese)	1.2	1.8	3.1	3.2	38.7%
France	2.3	2.4	2.2	2.5	2.8%
Romania	1.0	0.9	1.5	2.1	28.1%
Czech Republic	1.7	0.9	0.7	1.2	-11.0%
Others	14.3	11.8	16.2	17.6	7.2%
Total	55.7	55.3	76.1	95.4	19.6%

Top Suppliers of Transmission Shaft to Bulgaria in 2022:

Germany (1645.3 tons)
China (1249.4 tons)
Slovenia (1113.1 tons)
Italy (669.4 tons)
Turkey (497.1 tons)
Poland (320.3 tons)
Romania (149.8 tons)
France (123.7 tons)
Taiwan (Chinese) (96.7 tons)
Czech Republic (93.3 tons)

Transmission Shaft Exports in Bulgaria

In 2022, after two years of decline, there was significant growth in overseas shipments of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain, when their volume increased by 9.1% to 2.1K tons. Over the period under review, exports, however, showed a slight shrinkage.

In value terms, transmission shaft exports skyrocketed to $27M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Transmission Shaft in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	0.7	0.9	4.5	4.7	88.7%
Germany	3.9	2.5	2.7	3.4	-4.5%
Finland	1.3	1.5	2.0	3.1	33.6%
Austria	3.5	3.5	2.6	2.8	-7.2%
Serbia	1.1	1.3	1.5	2.0	22.1%
Italy	1.3	1.0	1.2	1.6	7.2%
Russia	0.5	0.4	0.5	1.0	26.0%
France	0.7	0.5	0.9	0.9	8.7%
Greece	0.9	0.9	0.8	0.8	-3.9%
United States	0.7	0.5	0.7	0.7	0.0%
Hungary	0.3	0.2	0.2	0.2	-12.6%
Others	3.4	3.4	4.9	5.3	15.9%
Total	18.4	16.6	22.6	26.8	13.4%

Top Export Markets for Transmission Shaft from Bulgaria in 2022:

Turkey (364.4 tons)
Austria (364.4 tons)
Finland (349.9 tons)
Germany (185.5 tons)
Italy (162.4 tons)
Serbia (84.6 tons)
Russia (58.5 tons)
Hungary (51.1 tons)
France (42.0 tons)
Greece (39.7 tons)
United States (38.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the transmission shaft 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 28152130 - Iron or steel roller chain of a kind used for cycles and motor cycles
Prodcom 28152150 - Iron or steel roller chain (excluding of a kind used for cycles or motor-cycles)
Prodcom 28152170 - Iron or steel articulated link chain (excluding roller chain)
Prodcom 28152230 - Cranks and crankshafts
Prodcom 28152250 - Cardan shafts
Prodcom 28152270 - Other shafts
Prodcom 28152330 - Bearing housings incorporating ball or roller bearings
Prodcom 28152350 - Bearing housings not incorporating ball or roller bearings, p lain shaft bearings
Prodcom 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
Prodcom 28152434 - Gear boxes ..., worm gear boxes
Prodcom 28152440 - Other gear boxes
Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
Prodcom 28152473 - Ball or roller screws
Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)
Prodcom 28152500 - Flywheels and pulleys (including pulley blocks)
Prodcom 28152600 - Clutches and shaft couplings (including universal joints)
Prodcom 28153930 - Parts of bearing housings
Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints

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