Bulgaria: Market for Snow-Ploughs And Snow-Blowers 2022

Market Size for Snow-Ploughs And Snow-Blowers in Bulgaria

The Bulgarian snow ploughs and blowers market dropped remarkably to $X in 2021, which is down by -X% against the previous year. Overall, consumption showed a abrupt decrease. Snow ploughs and blowers consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Snow-Ploughs And Snow-Blowers in Bulgaria

In value terms, snow ploughs and blowers production declined to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt descent. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Snow-Ploughs And Snow-Blowers

Exports from Bulgaria

In 2021, exports of snow-ploughs and snow-blowers from Bulgaria surged to X units, jumping by X% against the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, snow ploughs and blowers exports soared to $X in 2021. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X units) was the main destination for snow ploughs and blowers exports from Bulgaria, accounting for a X% share of total exports. Moreover, snow ploughs and blowers exports to France exceeded the volume sent to the second major destination, Romania (X units), ninefold. Ukraine (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Ukraine (+X% per year).

In value terms, France ($X) emerged as the key foreign market for snow ploughs and blowers exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2021, the average annual growth rate of value to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+X% per year) and Romania (+X% per year).

Export Prices by Country

The average snow ploughs and blowers export price stood at $X per unit in 2021, with an increase of X% against the previous year. In general, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Romania ($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 Romania (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Snow-Ploughs And Snow-Blowers

Imports into Bulgaria

Snow ploughs and blowers imports into Bulgaria contracted sharply to X units in 2021, with a decrease of -X% compared with the year before. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, snow ploughs and blowers imports dropped remarkably to $X in 2021. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2021, Switzerland (X units) constituted the largest supplier of snow ploughs and blowers to Bulgaria, accounting for a X% share of total imports. Moreover, snow ploughs and blowers imports from Switzerland exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. The third position in this ranking was occupied by the UK (X units), with a X% share.

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

In value terms, the largest snow ploughs and blowers suppliers to Bulgaria were Poland ($X), Austria ($X) and Switzerland ($X), with a combined X% share of total imports. The Netherlands, the UK, Germany, Serbia, Belgium, Turkey, France, Slovakia, North Macedonia and Denmark lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 snow ploughs and blowers import price amounted to $X per unit, declining by -X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. As a result, import price reached the peak level of $X per unit, and then declined dramatically in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform