Bulgaria: Railway Goods Wagon Market Overview 2020

Railway Goods Wagon Market Size in Bulgaria

The revenue of the railway goods wagon market in Bulgaria amounted to $X in 2018, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. In that year, the railway goods wagon market attained its peak level of $X. From 2012 to 2018, the growth of the railway goods wagon market remained at a somewhat lower figure.

Railway Goods Wagon Production in Bulgaria

In value terms, railway goods wagon production totaled $X in 2018 estimated in export prices. Overall, the total output indicated a resilient increase 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, railway goods wagon production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2012 when production volume increased by X% year-to-year. Over the period under review, railway goods wagon production reached its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Railway Goods Wagon Exports

Exports from Bulgaria

Railway goods wagon exports from Bulgaria amounted to X units in 2018, reducing by -X% against the previous year. In general, railway goods wagon exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Exports peaked at X units in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, railway goods wagon exports amounted to $X in 2018. In general, railway goods wagon exports continue to indicate a mild increase. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. In that year, railway goods wagon exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

Luxembourg (X units) was the main destination for railway goods wagon exports from Bulgaria, with a X% share of total exports. Moreover, railway goods wagon exports to Luxembourg exceeded the volume sent to the second major destination, Germany (X units), fourfold. The third position in this ranking was occupied by Greece (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Luxembourg amounted to +X%. 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, Germany ($X) remains the key foreign market for railway goods wagon exports from Bulgaria, comprising X% of total railway goods wagon exports. The second position in the ranking was occupied by Luxembourg ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (-X% per year) and Poland (+X% per year).

Export Prices by Country

In 2018, the average railway goods wagon export price amounted to $X per unit, increasing by X% against the previous year. In general, the railway goods wagon export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2011 an increase of X% against the previous year. In that year, the average export prices for railway or tramway goods vans and wagons (not self-propelled) reached their peak level of $X per unit. From 2012 to 2018, the growth in terms of the average export prices for railway or tramway goods vans and wagons (not self-propelled) failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while the average price for exports to Greece ($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 Germany, while the prices for the other major destinations experienced more modest paces of growth.

Railway Goods Wagon Imports

Imports into Bulgaria

Railway goods wagon imports into Bulgaria amounted to X units in 2018, shrinking by -X% against the previous year. In general, railway goods wagon imports continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, railway goods wagon imports attained their peak figure at X units in 2012; however, from 2013 to 2018, imports remained at a lower figure.

In value terms, railway goods wagon imports amounted to $X in 2018. Over the period under review, railway goods wagon imports continue to indicate a slight increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. In that year, railway goods wagon imports attained their peak of $X, and then declined slightly in the following year.

Imports by Country

The Czech Republic (X units), France (X units) and Ukraine (X units) were the main suppliers of railway goods wagon imports to Bulgaria, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, the largest railway goods wagon suppliers to Bulgaria were Ukraine ($X), Germany ($X) and France ($X), with a combined X% share of total imports.

Germany (+X% per year) experienced the highest rates of growth with regard to imports, among the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average railway goods wagon import price amounted to $X per unit, coming down by -X% against the previous year. Over the period under review, the railway goods wagon import price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2016; however, from 2017 to 2018, import prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform