Bulgaria: Overview of the Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2021

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Bulgaria

In 2020, the Bulgarian market for equipment for scaffolding, shuttering, propping or pit propping decreased by -X% to $X, falling for the second year in a row after seven years of growth. In general, consumption recorded a deep contraction. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Scaffolding, shuttering, and propping equipment consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Bulgaria

In value terms, scaffolding, shuttering, and propping equipment production dropped to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Scaffolding, shuttering, and propping equipment production peaked at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from Bulgaria

In 2020, the amount of equipment for scaffolding, shuttering, propping or pit propping exported from Bulgaria dropped to X tonnes, reducing by -X% on the year before. Over the period under review, exports recorded a slight curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. From 2017 to 2020, the growth exports failed to regain the momentum.

In value terms, scaffolding, shuttering, and propping equipment exports dropped modestly to $X in 2020. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

France (X tonnes) was the main destination for scaffolding, shuttering, and propping equipment exports from Bulgaria, accounting for a X% share of total exports. Moreover, scaffolding, shuttering, and propping equipment exports to France exceeded the volume sent to the second major destination, Germany (X tonnes), threefold. The third position in this ranking was occupied by Greece (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Greece (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Croatia (+X% per year).

Export Prices by Country

In 2020, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per tonne, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Serbia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Croatia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into Bulgaria

In 2020, the amount of equipment for scaffolding, shuttering, propping or pit propping imported into Bulgaria declined markedly to X tonnes, which is down by -X% on 2019. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment imports contracted notably to $X in 2020. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tonnes), Turkey (X tonnes) and Germany (X tonnes) were the main suppliers of scaffolding, shuttering, and propping equipment imports to Bulgaria, with a combined X% share of total imports. Romania, Slovakia, China, the Czech Republic, Poland, Australia, Bosnia and Herzegovina, Spain and Portugal lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Romania, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding, shuttering, and propping equipment suppliers to Bulgaria were Germany ($X), Italy ($X) and Turkey ($X), with a combined X% share of total imports. Poland, Romania, Slovakia, the Czech Republic, Australia, Spain, China, Bosnia and Herzegovina and Portugal lagged somewhat behind, together accounting for a further X terms of the main suppliers, Romania saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per tonne in 2020, falling by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for equipment for scaffolding, shuttering, propping or pit propping in the world?

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The countries with the highest volumes of scaffolding, shuttering, and propping equipment consumption in 2020 were India (4.4M tonnes), China (2.4M tonnes) and the U.S. (1.2M tonnes), with a combined 53% share of global consumption.

What are the largest producers of equipment for scaffolding, shuttering, propping or pit propping in the world?

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The countries with the highest volumes of scaffolding, shuttering, and propping equipment production in 2020 were India (4.5M tonnes), China (3M tonnes) and the U.S. (1.1M tonnes), together accounting for 56% of global production.

What are the leading suppliers of equipment for scaffolding, shuttering, propping or pit propping to Bulgaria?

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In value terms, the largest scaffolding, shuttering, and propping equipment suppliers to Bulgaria were Germany ($3.4M), Italy ($2.1M) and Turkey ($1.4M), together accounting for 63% of total imports. Poland, Romania, Slovakia, the Czech Republic, Australia, Spain, China, Bosnia and Herzegovina and Portugal lagged somewhat behind, together comprising a further 26%.

What are the leading importers of equipment for scaffolding, shuttering, propping or pit propping from Bulgaria?

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In value terms, France ($3.6M) remains the key foreign market for scaffolding, shuttering, and propping equipment exports from Bulgaria, comprising 44% of total exports. The second position in the ranking was occupied by Germany ($1.2M), with a 14% share of total exports. It was followed by Croatia, with a 9.1% share.

What is the average export price for equipment for scaffolding, shuttering, propping or pit propping in Bulgaria?

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In 2020, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $2,247 per tonne, picking up by 4.6% against the previous year.

What is the average import price for equipment for scaffolding, shuttering, propping or pit propping in Bulgaria?

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The average import price for equipment for scaffolding, shuttering, propping or pit propping stood at $1,639 per tonne in 2020, falling by -3.9% against the previous year.