Report Bulgaria - Belts and Bandoliers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Bulgaria - Belts and Bandoliers - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Belt And Bandolier Market 2023

Belt And Bandolier Market Size in Bulgaria

The Bulgarian belt and bandolier market declined markedly to $X in 2021, with a decrease of -64.9% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced remarkably in the following year.

Belt And Bandolier Production in Bulgaria

In value terms, belt and bandolier production stood at $X in 2021 estimated in export price. In general, production, however, faced a deep slump. Belt and bandolier production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Belt And Bandolier Exports

Exports from Bulgaria

In 2021, shipments abroad of belts and bandoliers decreased by -14.4% to X units, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of 406%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, belt and bandolier exports skyrocketed to $X in 2021. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 210%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X units) was the main destination for belt and bandolier exports from Bulgaria, with a 42% share of total exports. Moreover, belt and bandolier exports to Poland exceeded the volume sent to the second major destination, Germany (X units), twofold. Romania (X units) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume to Poland totaled +37.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.3% per year) and Romania (-24.3% per year).

In value terms, the largest markets for belt and bandolier exported from Bulgaria were Germany ($X), the United States ($X) and Poland ($X), together comprising 33% of total exports. These countries were followed by Romania, Greece, China, France, Slovenia, Iraq and the UK, which together accounted for a further 29%.

In terms of the main countries of destination, China, with a CAGR of +97.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average belt and bandolier export price amounted to $X per unit, jumping by 53% against the previous year. Over the period under review, the export price, however, saw a slight decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 77% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Belt And Bandolier Imports

Imports into Bulgaria

In 2021, after three years of growth, there was significant decline in supplies from abroad of belts and bandoliers, when their volume decreased by -70.7% to X units. Over the period under review, imports recorded a mild decline. The most prominent rate of growth was recorded in 2020 when imports increased by 174%. As a result, imports reached the peak of X units, and then reduced markedly in the following year.

In value terms, belt and bandolier imports reduced rapidly to $X in 2021. Overall, imports saw a mild downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 37%. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

Greece (X units), Germany (X units) and Turkey (X units) were the main suppliers of belt and bandolier imports to Bulgaria, with a combined 63% share of total imports. China, Poland, Italy, Pakistan and Spain lagged somewhat behind, together comprising a further 27%.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +39.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Turkey ($X) appeared to be the largest belt and bandolier suppliers to Bulgaria, together accounting for 46% of total imports. These countries were followed by Poland, Greece, China, Spain and Pakistan, which together accounted for a further 32%.

Among the main suppliers, Poland, with a CAGR of +45.3%, saw the highest growth rate of 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 belt and bandolier import price amounted to $X per unit, increasing by 108% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for belts and bandoliers in the world?
+
The countries with the highest volumes of consumption in 2021 were China, Italy and the United States, together accounting for 38% of global consumption. Brazil, Turkey, India, Spain, Nigeria, Pakistan, Bangladesh, Indonesia and Germany lagged somewhat behind, together comprising a further 26%.
What are the largest producers of belts and bandoliers in the world?
+
The countries with the highest volumes of production in 2021 were China, Italy and India, together comprising 44% of global production. Turkey, Brazil, the United States, Spain, Pakistan, Bangladesh and Nigeria lagged somewhat behind, together accounting for a further 23%.
What are the leading suppliers of belts and bandoliers to Bulgaria?
+
In value terms, the largest belt and bandolier suppliers to Bulgaria were Germany, Italy and Turkey, together accounting for 46% of total imports. These countries were followed by Poland, Greece, China, Spain and Pakistan, which together accounted for a further 32%.
What are the leading importers of belts and bandoliers from Bulgaria?
+
In value terms, the largest markets for belt and bandolier exported from Bulgaria were Germany, the United States and Poland, with a combined 33% share of total exports. These countries were followed by Romania, Greece, China, France, Slovenia, Iraq and the UK, which together accounted for a further 29%.
What is the average export price for belts and bandoliers in Bulgaria?
+
The average belt and bandolier export price stood at $37 per unit in 2021, rising by 53% against the previous year.
What is the average import price for belts and bandoliers in Bulgaria?
+
The average belt and bandolier import price stood at $23 per unit in 2021, rising by 108% against the previous year.

This report provides an in-depth analysis of the belt and bandolier 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 14193180 - Belts and bandoliers, of leather or composition leather
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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