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Bulgaria - Dumpers for Off-Highway Use - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Off-Highway Dumper Market 2022

Off-Highway Dumper Market Size in Bulgaria

The Bulgarian off-highway dumper market declined sharply to $X in 2021, waning by -X% against the previous year. Over the period under review, consumption recorded a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Off-Highway Dumper Production in Bulgaria

In value terms, off-highway dumper production stood at $X in 2021 estimated in export price. Overall, production showed a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Off-highway dumper production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Off-Highway Dumper Exports

Exports from Bulgaria

For the third year in a row, Bulgaria recorded growth in shipments abroad of dumpers for off-highway use, which increased by X% to X units in 2021. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, off-highway dumper exports soared to $X in 2021. Overall, exports showed strong growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Slovenia (X units) was the main destination for off-highway dumper exports from Bulgaria, with a X% share of total exports. Moreover, off-highway dumper exports to Slovenia exceeded the volume sent to the second major destination, Belgium (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Slovenia was relatively modest.

In value terms, Slovenia ($X) and Belgium ($X) constituted the largest markets for off-highway dumper exported from Bulgaria worldwide.

Belgium, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average off-highway dumper export price amounted to $X per unit, waning by -X% against the previous year. Overall, the export price recorded a precipitous setback. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($X per unit), while the average price for exports to Slovenia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (X%).

Off-Highway Dumper Imports

Imports into Bulgaria

In 2021, the amount of dumpers for off-highway use imported into Bulgaria soared to X units, jumping by X% against the previous year. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, off-highway dumper imports reduced notably to $X in 2021. Overall, imports enjoyed pronounced growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X units) constituted the largest off-highway dumper supplier to Bulgaria, with a X% share of total imports. Moreover, off-highway dumper imports from Turkey exceeded the figures recorded by the second-largest supplier, Slovenia (X units), twofold. The third position in this ranking was held by France (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and France (+X% per year).

In value terms, France ($X) constituted the largest supplier of off-highway dumper to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Lithuania, with a X% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Lithuania (-X% per year).

Import Prices by Country

The average off-highway dumper import price stood at $X per unit in 2021, with a decrease of -X% against the previous year. Over the period under review, the import price showed a sharp decrease. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced a decline.

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 dumpers for off-highway use in the world?

Indonesia constituted the country with the largest volume of off-highway dumper consumption, accounting for 33% of total volume. Moreover, off-highway dumper consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Albania, fourfold. Iran ranked third in terms of total consumption with a 7.8% share.

What are the largest producers of dumpers for off-highway use in the world?

The countries with the highest volumes of in 2021 were Albania, Austria and Germany, with a combined 57% share of global production. The UK, Thailand, Canada and Slovakia lagged somewhat behind, together comprising a further 29%.

What are the leading suppliers of dumpers for off-highway use to Bulgaria?

In value terms, France constituted the largest supplier of off-highway dumper to Bulgaria, comprising 21% of total imports. The second position in the ranking was taken by Turkey, with a 2% share of total imports. It was followed by Lithuania, with a 0.2% share.

What are the leading importers of dumpers for off-highway use from Bulgaria?

In value terms, Slovenia and Belgium were the largest markets for off-highway dumper exported from Bulgaria worldwide.

What is the average export price for dumpers for off-highway use in Bulgaria?

In 2021, the average off-highway dumper export price amounted to $700 per unit, reducing by -90% against the previous year.

What is the average import price for dumpers for off-highway use in Bulgaria?

The average off-highway dumper import price stood at $5,047 per unit in 2021, falling by -91.3% against the previous year.

This report provides an in-depth analysis of the off-highway dumper 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 28922900 - Dumpers for off-highway use

• Prodcom 28922810 -

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