Bulgaria: Carbon Brush Market 2024

Carbon Brush Market Size in Bulgaria

The Bulgarian carbon brush market shrank markedly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption continues to indicate a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Carbon Brush Production in Bulgaria

In value terms, carbon brush production reduced to $X in 2022 estimated in export price. In general, production posted modest growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Carbon brush production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Carbon Brush Exports

Exports from Bulgaria

Carbon brush exports from Bulgaria surged to X tons in 2022, picking up by X% on 2021. In general, exports continue to indicate pronounced growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, carbon brush exports shrank to $X in 2022. Overall, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

North Macedonia (X kg), Kosovo (X kg) and Turkey (X kg) were the main destinations of carbon brush exports from Bulgaria, together accounting for X% of total exports.

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

In value terms, the largest markets for carbon brush exported from Bulgaria were North Macedonia ($X), Kosovo ($X) and Turkey ($X), with a combined X% share of total exports. Romania, Albania, the UK, Russia and Serbia lagged somewhat behind, together comprising a further X%.

Russia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average carbon brush export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Carbon Brush Imports

Imports into Bulgaria

In 2022, approx. X tons of carbon brushes were imported into Bulgaria; with a decrease of X% against the previous year's figure. Over the period under review, imports faced a deep slump. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, carbon brush imports contracted significantly to $X in 2022. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of carbon brush to Bulgaria, with a X% share of total imports. Moreover, carbon brush imports from Germany exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), twofold. The third position in this ranking was taken by Denmark (X tons), with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of carbon brushes to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

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

Import Prices by Country

In 2022, the average carbon brush import price amounted to $X per ton, growing by X% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price 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, carbon brush import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Romania ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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