Latest Report Update: Dec 27, 2019

Bulgaria - Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Bulgaria: Crane Market Overview 2020

Crane Market Size in Bulgaria

The revenue of the crane market in Bulgaria amounted to $X in 2018, going down by -X% against the previous year. In general, crane consumption continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, the crane market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Crane Production in Bulgaria

In value terms, crane production stood at $X in 2018 estimated in export prices. In general, crane production continues to indicate a deep decline. The most prominent rate of growth was recorded in 2011 when production volume increased by X% y-o-y. Crane production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Crane Exports

Exports from Bulgaria

In 2018, the exports of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane from Bulgaria totaled X units, jumping by X% against the previous year. In general, crane exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. In that year, crane exports attained their peak of X units. From 2013 to 2018, the growth of crane exports remained at a somewhat lower figure.

In value terms, crane exports amounted to $X in 2018. Over the period under review, crane exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. In that year, crane exports reached their peak of $X. From 2012 to 2018, the growth of crane exports remained at a lower figure.

Exports by Country

Italy (X units), Russia (X units) and Greece (X units) were the main destinations of crane exports from Bulgaria, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for crane exports from Bulgaria, comprising X% of total crane exports. The second position in the ranking was occupied by Romania ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Italy totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Russia (+X% per year).

Export Prices by Country

The average crane export price stood at $X per unit in 2018, going up by X% against the previous year. Overall, the crane export price, however, continues to indicate an abrupt reduction. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. The export price peaked at $X per unit in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Italy ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Egypt, while the prices for the other major destinations experienced a decline.

Crane Imports

Imports into Bulgaria

In 2018, approx. X units of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane were imported into Bulgaria; declining by -X% against the previous year. Overall, crane imports continue to indicate a temperate curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Imports peaked at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, crane imports totaled $X in 2018. Over the period under review, crane imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. In that year, crane imports attained their peak of $X. From 2009 to 2018, the growth of crane imports remained at a somewhat lower figure.

Imports by Country

In 2018, Spain (X units) constituted the largest crane supplier to Bulgaria, accounting for a X% share of total imports. Moreover, crane imports from Spain exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Poland (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Poland (-X% per year).

In value terms, Spain ($X) constituted the largest supplier of crane to Bulgaria, comprising X% of total crane imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Spain totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Poland (+X% per year).

Import Prices by Country

The average crane import price stood at $X per unit in 2018, rising by X% against the previous year. Over the period under review, the crane import price continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. In that year, the average import prices for derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane attained their peak level of $X per unit. From 2015 to 2018, the growth in terms of the average import prices for derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Ireland ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 28221420 - Overhead travelling cranes on fixed support
• Prodcom 28221433 - Mobile lifting frames on tyres and straddle carriers
• Prodcom 28221435 - Transporter cranes, gantry cranes and bridge cranes
• Prodcom 28221440 - Tower cranes and portal or pedestal jib cranes
• Prodcom 28221450 - Self-propelled lifting equipment, of a kind mounted to run on rails in servicing building sites, quarries and the like
• Prodcom 28221460 - Lifting equipment designed for mounting on road vehicles
• Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

This report provides an in-depth analysis of the crane 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.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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