Bulgaria - Bending Or Assembling Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bulgaria - Bending Or Assembling Machines - Market Analysis, Forecast, Size, Trends And Insights

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Wood Bending Machine Price in Bulgaria - 2023

Contents:

  1. Wood Bending Machine Price in Bulgaria (CIF) - 2022
  2. Wood Bending Machine Price in Bulgaria (FOB) - 2023
  3. Wood Bending Machine Imports in Bulgaria
  4. Wood Bending Machine Exports in Bulgaria

Wood Bending Machine Price in Bulgaria (CIF) - 2022

The average wood bending machine import price stood at $5,132 per unit in 2022, rising by 172% against the previous year. In general, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 618%. As a result, import price reached the peak level of $6,645 per unit. From 2019 to 2022, the average import prices remained at a 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 ($18,656 per unit), while the price for China ($679 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Wood Bending Machine Price in Bulgaria (FOB) - 2023

In May 2023, the average wood bending machine export price amounted to $40,543 per unit, with an increase of 78% against the previous month. Overall, the export price saw a remarkable increase. The growth pace was the most rapid in January 2023 when the average export price increased by 838% month-to-month. The export price peaked in May 2023.

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

From June 2022 to May 2023, the rate of growth in terms of prices for China amounted to +11.2% per month.

Wood Bending Machine Imports in Bulgaria

In 2022, overseas purchases of bending or assembling machines decreased by -73.6% to 193 units, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 228% against the previous year. As a result, imports reached the peak of 856 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, wood bending machine imports reduced notably to $993K in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Wood Bending Machine in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A2420%
China72.140940193.08.9%
Turkey70239651465.0-54.8%
Serbia3.77.73.953.8144.1%
Others636931460539-5.4%
Total1,4141,7441,379993-11.1%

Top Suppliers of Wood Bending Machine to Bulgaria in 2022:

  1. China (137.0 units)
  2. Spain (42.0 units)
  3. Serbia (6.0 units)
  4. Turkey (3.0 units)

Wood Bending Machine Exports in Bulgaria

Wood bending machine exports from Bulgaria surged to 129 units in 2022, picking up by 90% against the previous year's figure. Overall, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 518%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, wood bending machine exports shrank modestly to $813K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 59%. Over the period under review, the exports attained the peak figure at $844K in 2021, and then contracted modestly in the following year.

Export of Wood Bending Machine in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia39.2N/A173367110.8%
ChinaN/A70.816613839.6%
United StatesN/AN/A92.094.93.2%
Turkey96.6N/A25.154.5-17.4%
IranN/AN/AN/A26.30%
GeorgiaN/AN/A21.7N/A0%
Romania16426095.2N/A-23.8%
Others73.726227113321.7%
Total37459384481329.5%

Top Export Markets for Wood Bending Machine from Bulgaria in 2022:

  1. Iran (80.0 units)
  2. United States (20.0 units)
  3. Serbia (19.0 units)
  4. Turkey (7.0 units)
  5. China (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood bending machine 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 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials

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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