Bulgaria: Blow-Moulding Machine Market 2024

Blow-Moulding Machine Market Size in Bulgaria

The Bulgarian blow-moulding machine market contracted notably to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a slight slump. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Blow-Moulding Machine Production in Bulgaria

In value terms, blow-moulding machine production declined sharply to $X in 2022 estimated in export price. Overall, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then declined rapidly in the following year.

Blow-Moulding Machine Exports

Exports from Bulgaria

In 2022, exports of blow-moulding machines for working rubber or plastics from Bulgaria surged to X units, increasing by X% against 2021. In general, exports saw a moderate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, blow-moulding machine exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a perceptible expansion. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for blow-moulding machine exports from Bulgaria, accounting for a X% share of total exports. Moreover, blow-moulding machine exports to Turkey exceeded the volume sent to the second major destination, South Africa (X units), more than tenfold. Romania (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Romania (X% per year).

In value terms, Poland ($X) emerged as the key foreign market for blow-moulding machines for working rubber or plastics exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Romania (X% per year).

Export Prices by Country

The average blow-moulding machine export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Blow-Moulding Machine Imports

Imports into Bulgaria

In 2022, purchases abroad of blow-moulding machines for working rubber or plastics decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, blow-moulding machine imports skyrocketed to $X in 2022. In general, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest blow-moulding machine supplier to Bulgaria, accounting for a X% share of total imports. Moreover, blow-moulding machine imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. Turkey (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Turkey (X% per year).

In value terms, the largest blow-moulding machine suppliers to Bulgaria were Italy ($X), Japan ($X) and Germany ($X), together accounting for X% of total imports. Turkey, China, France and North Macedonia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, China, with a CAGR of X%, 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 2022, the average blow-moulding machine import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Italy ($X per unit), while the price for North Macedonia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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