Bulgaria: Market for Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024

Market Size for Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Bulgaria

The Bulgarian market for bucket type continuous-action elevators and conveyors for goods or materials totaled $X in 2022, increasing by X% against the previous year. In general, consumption enjoyed strong growth. Consumption of peaked in 2022 and is expected to retain growth in the near future.

Production of Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Bulgaria

In value terms, production of bucket type continuous-action elevators and conveyors for goods or materials reached $X in 2022 estimated in export price. In general, production, however, continues to indicate significant growth. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports from Bulgaria

In 2022, overseas shipments of bucket type continuous-action elevators and conveyors for goods or materials increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of bucket type continuous-action elevators and conveyors for goods or materials soared to $X in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Romania (X units), Austria (X units) and France (X units) were the main destinations of exports of bucket type continuous-action elevators and conveyors for goods or materials from Bulgaria, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) emerged as the key foreign market for bucket type continuous-action elevators and conveyors for goods or materials exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Austria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and France (X% per year).

Export Prices by Country

The average export price for bucket type continuous-action elevators and conveyors for goods or materials stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price posted resilient growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to North Macedonia ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports into Bulgaria

Imports of bucket type continuous-action elevators and conveyors for goods or materials into Bulgaria surged to X units in 2022, growing by X% against the year before. In general, imports saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of bucket type continuous-action elevators and conveyors for goods or materials surged to $X in 2022. Overall, imports showed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X units) was the main bucket type continuous-action elevator and conveyor supplier to Bulgaria, accounting for a X% share of total imports. It was followed by Germany (X units), with a X% share of total imports. The third position in this ranking was held by Italy (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of bucket type continuous-action elevators and conveyors for goods or materials to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average import price for bucket type continuous-action elevators and conveyors for goods or materials amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the import price, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($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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