Feb 1, 2019

Bulgaria - Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Overview of the Market for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles 2019

Market Size for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Bulgaria

The revenue of the market of tyres for agriculture, forestry, construction, industry and other off the road vehicles in Bulgaria amounted to $X in 2017, growing by X% against the previous year. In general, the total market indicated a modest expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the consumption of tyres for agriculture, forestry, construction, industry and other off the road vehicles decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2011, when the market value increased by X% y-o-y. Over the period under review, the market for agricultural and construction machinery tire attained its peak figure level at $X in 2014; however, from 2015 to 2017, consumption failed to regain its momentum.

Production of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Bulgaria

In value terms, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X in 2017 estimated in export prices. Over the period under review, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles continues to indicate a relatively flat trend pattern. Over the period under review, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles attained its peak figure level at $X in 2007; however, from 2008 to 2017, production remained at a lower figure.

Exports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Exports from Bulgaria

In 2017, the amount of tyres for agriculture, forestry, construction, industry and other off the road vehicles exported from Bulgaria stood at X units, lowering by -X% against the previous year. Overall, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles continue to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2012, when exports increased by X% y-o-y. Exports peaked at X units in 2010; however, from 2011 to 2017, exports failed to regain their momentum.

In value terms, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X in 2017. In general, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles continue to indicate a noticeable setback. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. In that year, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles reached their peak of $X. From 2012 to 2017, the growth of exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles remained at a lower figure.

Exports by Country

Turkey (X units) was the main destination for exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from Bulgaria, with a X% share of total exports. Moreover, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles to Turkey exceeded the volume sent to the second major destination, Poland (X units), threefold. The third position in this ranking was occupied by Greece (X units), with a X% share.

From 2007 to 2017, the average annual growth rate of volume to Turkey stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Greece (+X% per year).

In value terms, Turkey ($X) remains the key foreign market for agricultural and construction machinery tire exports from Bulgaria, comprising X% of total exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles. The second position in the ranking was occupied by Greece ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2007 to 2017, the average annual growth rate of value to Turkey stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+X% per year) and Poland (+X% per year).

Export Prices by Country

The average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X per unit in 2017, waning by -X% against the previous year. Overall, the export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2011, when the average export price increased by X% y-o-y. In that year, the average export prices for tyres for agriculture, forestry, construction, industry and other off the road vehicles reached their peak level of $X per unit. From 2012 to 2017, the growth in terms of the average export prices for tyres for agriculture, forestry, construction, industry and other off the road vehicles failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Netherlands ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Serbia, while the export prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Imports into Bulgaria

In 2017, the amount of tyres for agriculture, forestry, construction, industry and other off the road vehicles imported into Bulgaria totaled X units, flattening at the previous year. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles attained their peak figure at X units in 2008; however, from 2009 to 2017, imports remained at a lower figure.

In value terms, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X in 2017. Over the period under review, the total imports indicated a moderate increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles decreased by -X% against 2012 indices. The pace of growth was the most pronounced in 2011, when imports increased by X% year-to-year. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles reached their maximum at $X in 2012; however, from 2013 to 2017, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), China (X units) and India (X units) were the main suppliers of imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles to Bulgaria, with a combined X% share of total imports. These countries were followed by Russia, Romania, the U.S., Serbia, the Czech Republic, Belarus, the United Arab Emirates, Ukraine and Hungary, which together accounted for a further X 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constituted the largest supplier of agricultural and construction machinery tire to Bulgaria, comprising X% of total imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles. The second position in the ranking was occupied by Romania ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2007 to 2017, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+X% per year) and Belarus (-X% per year).

Import Prices by Country

In 2017, the average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X per unit, stabilizing at the previous year. Over the period under review, the import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2012, when the average import price increased by X% year-to-year. In that year, the average import prices for tyres for agriculture, forestry, construction, industry and other off the road vehicles attained their peak level of $X per unit. From 2013 to 2017, the growth in terms of the average import prices for tyres for agriculture, forestry, construction, industry and other off the road vehicles remained at a lower figure.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was the U.S. ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S., while the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 22111400 - Agrarian tyres, other new pneumatic tyres, of rubber

This report provides an in-depth analysis of the market for agricultural and construction machinery tire 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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