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Bulgaria - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Overview of the Market for Pneumatic Or Hydraulic Hand Tools 2021

Market Size for Pneumatic Or Hydraulic Hand Tools in Bulgaria

The Bulgarian market for pneumatic or hydraulic hand tools expanded rapidly to $X in 2020, growing by X% against the previous year. Over the period under review, consumption recorded a perceptible descent. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Pneumatic or hydraulic hand tool consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Production of Pneumatic Or Hydraulic Hand Tools in Bulgaria

In value terms, pneumatic or hydraulic hand tool production dropped markedly to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then shrank notably in the following year.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports from Bulgaria

In 2020, pneumatic or hydraulic hand tool exports from Bulgaria plummeted to X tonnes, falling by -X% against the previous year. Over the period under review, exports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes, and then reduced remarkably in the following year.

In value terms, pneumatic or hydraulic hand tool exports contracted significantly to $X in 2020. In general, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Belgium (X tonnes), Romania (X tonnes) and Brazil (X tonnes) were the main destinations of pneumatic or hydraulic hand tool exports from Bulgaria, together comprising X% of total exports. South Africa, Greece, North Macedonia and the U.S. lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Greece, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the key foreign market for pneumatic or hydraulic hand tool exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Belgium stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+X% per year) and the U.S. (-X% per year).

Export Prices by Country

In 2020, the average export price for pneumatic or hydraulic hand tools amounted to $X per tonne, picking up by X% against the previous year. In general, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the near future.

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

Imports of Pneumatic Or Hydraulic Hand Tools

Imports into Bulgaria

In 2020, the amount of pneumatic or hydraulic hand tools imported into Bulgaria contracted dramatically to X tonnes, reducing by -X% on the previous year. Over the period under review, imports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Imports peaked at X tonnes in 2019, and then shrank sharply in the following year.

In value terms, pneumatic or hydraulic hand tool imports declined significantly to $X in 2020. In general, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China (X tonnes), Poland (X tonnes) and Germany (X tonnes) were the main suppliers of pneumatic or hydraulic hand tool imports to Bulgaria, together accounting for X% of total imports. These countries were followed by Romania, Austria, the U.S., Italy, Sweden and Greece, which together accounted for a further X 2007 to 2020, the biggest increases were in Romania (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Poland ($X) constituted the largest pneumatic or hydraulic hand tool suppliers to Bulgaria, together accounting for X% of total imports. These countries were followed by Sweden, the U.S., Romania, Italy, Greece and Austria, which together accounted for a further X (+X% per year) recorded the highest growth rate of 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

The average import price for pneumatic or hydraulic hand tools stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2007; however, from 2008 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 Sweden ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pneumatic or hydraulic hand tools in the world?
+
The countries with the highest volumes of pneumatic or hydraulic hand tool consumption in 2020 were China (133K tonnes), the U.S. (78K tonnes) and Japan (31K tonnes), together accounting for 29% of global consumption. These countries were followed by Russia, Nigeria, Indonesia, Pakistan, Germany, Bangladesh, Mexico and Ethiopia, which together accounted for a further 20%.
What are the largest producers of pneumatic or hydraulic hand tools in the world?
+
China (279K tonnes) remains the largest pneumatic or hydraulic hand tool producing country worldwide, accounting for 34% of total volume. Moreover, pneumatic or hydraulic hand tool production in China exceeded the figures recorded by the second-largest producer, the U.S. (46K tonnes), sixfold. Japan (34K tonnes) ranked third in terms of total production with a 4.1% share.
What are the leading suppliers of pneumatic or hydraulic hand tools to Bulgaria?
+
In value terms, the largest pneumatic or hydraulic hand tool suppliers to Bulgaria were China ($4.2M), Germany ($2.8M) and Poland ($1.3M), together accounting for 63% of total imports. These countries were followed by Sweden, the U.S., Romania, Italy, Greece and Austria, which together accounted for a further 21%.
What are the leading importers of pneumatic or hydraulic hand tools from Bulgaria?
+
In value terms, Belgium ($9.9M) remains the key foreign market for pneumatic or hydraulic hand tool exports from Bulgaria, comprising 78% of total exports. The second position in the ranking was occupied by Brazil ($689K), with a 5.4% share of total exports. It was followed by the U.S., with a 2.2% share.
What is the average export price for pneumatic or hydraulic hand tools in Bulgaria?
+
The average export price for pneumatic or hydraulic hand tools stood at $63,058 per tonne in 2020, with an increase of 48% against the previous year.
What is the average import price for pneumatic or hydraulic hand tools in Bulgaria?
+
The average import price for pneumatic or hydraulic hand tools stood at $16,066 per tonne in 2020, picking up by 20% against the previous year.

Product coverage:
• Prodcom 28241240 - Tools for working in the hand, pneumatic, including combined rotary-percussion
• Prodcom 28241260 - Chainsaws with a self-contained non-electric motor
• Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)

This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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