Report Bulgaria - Motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 4, 2022

Bulgaria - Motorcycles, fitted with a motor, with reciprocating internal combustion piston engine of a cylinder capacity <= 50 cm³ - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Market for Motorcycles and Cycles With an Auxiliary Motor 2022

Market Size for Motorcycles and Cycles With an Auxiliary Motor in Bulgaria

The Bulgarian market for motorcycles and cycles with an auxiliary motor dropped to $X in 2021, reducing by -1.6% against the previous year. In general, consumption saw a drastic downturn. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in Bulgaria

In value terms, production of motorcycles and cycles with an auxiliary motor declined to $X in 2021 estimated in export price. Over the period under review, production showed a deep setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by 47%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Bulgaria

In 2021, exports of motorcycles and cycles with an auxiliary motor from Bulgaria rose notably to X units, increasing by 12% on the year before. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 10,875%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of motorcycles and cycles with an auxiliary motor soared to $X in 2021. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 5,224% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The Netherlands (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Bulgaria, with a 73% share of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor to the Netherlands exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was taken by North Macedonia (X units), with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to -10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+25.0% per year) and North Macedonia (+46.3% per year).

In value terms, the Netherlands ($X) remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Bulgaria, comprising 73% of total exports. The second position in the ranking was taken by Germany ($X), with a 23% share of total exports. It was followed by Georgia, with a 1.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands amounted to +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+22.8% per year) and Georgia (+5.0% per year).

Export Prices by Country

The average export price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2021, picking up by 28% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 154%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per unit), while the average price for exports to North Macedonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+27.0%), while the prices for the other major destinations experienced a decline.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Bulgaria

Imports of motorcycles and cycles with an auxiliary motor into Bulgaria soared to X units in 2021, rising by 140% compared with the previous year's figure. In general, imports continue to indicate a strong increase. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor surged to $X in 2021. Overall, imports showed pronounced growth. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest motorcycles and cycles with an auxiliary motor supplier to Bulgaria, accounting for a 53% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was taken by Hong Kong SAR (X units), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+30.7% per year) and Hong Kong SAR (0.0% per year).

In value terms, the largest motorcycles and cycles with an auxiliary motor suppliers to Bulgaria were Italy ($X), China ($X) and Austria ($X), with a combined 93% share of total imports. These countries were followed by Hong Kong SAR, Switzerland, Greece and the UK, which together accounted for a further 5.8%.

The UK, with a CAGR of +330.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, which is down by -15.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 71%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+88.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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 motorcycles and cycles with an auxiliary motor in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 27% of global consumption. These countries were followed by Morocco, Japan, the Netherlands, Russia, Germany, Indonesia, Pakistan, Brazil, Italy and France, which together accounted for a further 30%.
What are the largest producers of motorcycles and cycles with an auxiliary motor in the world?
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The country with the largest volume of production of motorcycles and cycles with an auxiliary motor was China, accounting for 38% of total volume. Moreover, production of motorcycles and cycles with an auxiliary motor in China exceeded the figures recorded by the second-largest producer, Japan, fivefold. The third position in this ranking was taken by India, with a 6.3% share.
What are the leading suppliers of motorcycles and cycles with an auxiliary motor to Bulgaria?
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In value terms, Italy, China and Austria appeared to be the largest motorcycles and cycles with an auxiliary motor suppliers to Bulgaria, together accounting for 93% of total imports. Hong Kong SAR, Switzerland, Greece and the UK lagged somewhat behind, together accounting for a further 5.8%.
What are the leading importers of motorcycles and cycles with an auxiliary motor from Bulgaria?
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In value terms, the Netherlands remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Bulgaria, comprising 73% of total exports. The second position in the ranking was held by Germany, with a 23% share of total exports. It was followed by Georgia, with a 1.6% share.
What is the average export price for motorcycles and cycles with an auxiliary motor in Bulgaria?
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In 2021, the average export price for motorcycles and cycles with an auxiliary motor amounted to $318 per unit, increasing by 28% against the previous year.
What is the average import price for motorcycles and cycles with an auxiliary motor in Bulgaria?
+
In 2021, the average import price for motorcycles and cycles with an auxiliary motor amounted to $517 per unit, shrinking by -15.1% against the previous year.

This report provides an in-depth analysis of the market for motorcycles and cycles with an auxiliary motor 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 30911100 - Motorcycles, and cycles fitted with an auxiliary motor, with an engine capacity . .50 cm.
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

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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