Bulgaria - Equipment For Scaffolding, Shuttering, Propping Or Pit Propping - Market Analysis, Forecast, Size, Trends and Insights

Bulgaria: Scaffolding Market Overview 2020

Scaffolding Market Size in Bulgaria

The revenue of the scaffolding market in Bulgaria amounted to $X in 2018, going up by X% against the previous year. Over the period under review, scaffolding consumption, however, continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the scaffolding market attained its peak figure level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Scaffolding Production in Bulgaria

In value terms, scaffolding production totaled $X in 2018 estimated in export prices. Overall, scaffolding production, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2014 when production volume increased by X% y-o-y. Over the period under review, scaffolding production reached its peak figure level at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Scaffolding Exports

Exports from Bulgaria

In 2018, the amount of equipment for scaffolding, shuttering, propping or pit propping exported from Bulgaria amounted to X tonnes, going down by -X% against the previous year. Over the period under review, scaffolding exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. In that year, scaffolding exports attained their peak of X tonnes. From 2017 to 2018, the growth of scaffolding exports remained at a lower figure.

In value terms, scaffolding exports totaled $X in 2018. In general, the total exports indicated modest growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, scaffolding exports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

France (X tonnes), Spain (X tonnes) and Serbia (X tonnes) were the main destinations of scaffolding exports from Bulgaria, with a combined X% share of total exports. These countries were followed by Macedonia, Greece, Slovenia, Germany, Poland, Italy, the UK, Switzerland and Romania, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Slovenia, while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual rate of growth in terms of value to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macedonia (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2018, the average scaffolding export price amounted to $X per tonne, rising by X% against the previous year. Overall, the export price indicated a modest expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for equipment for scaffolding, shuttering, propping or pit propping attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for equipment for scaffolding, shuttering, propping or pit propping remained 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 Switzerland ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced more modest paces of growth.

Scaffolding Imports

Imports into Bulgaria

In 2018, the scaffolding imports into Bulgaria totaled X tonnes, falling by -X% against the previous year. Overall, scaffolding imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, scaffolding imports reached their peak figure at X tonnes in 2017, and then declined slightly in the following year.

In value terms, scaffolding imports stood at $X in 2018. Overall, scaffolding imports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, Italy (X tonnes) constituted the largest scaffolding supplier to Bulgaria, accounting for a X% share of total imports. Moreover, scaffolding imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), twofold. Turkey (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Turkey (+X% per year).

In value terms, the largest scaffolding suppliers to Bulgaria were Germany ($X), Italy ($X) and Turkey ($X), with a combined X% share of total imports. Romania, Poland, Australia, China, the Czech Republic, Russia, Bosnia and Herzegovina, Slovakia and Serbia lagged somewhat behind, together accounting for a further X and Herzegovina experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average scaffolding import price stood at $X per tonne in 2018, rising by X% against the previous year. Over the period under review, the scaffolding import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform