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Bulgaria - Tyres For Buses Or Lorries - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Overview of the Market for Tyres For Buses Or Lorries 2021

Market Size for Tyres For Buses Or Lorries in Bulgaria

After two years of growth, the Bulgarian truck and bus tire market decreased by -X% to $X in 2020. Overall, consumption saw a pronounced decrease. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Truck and bus tire consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Exports of Tyres For Buses Or Lorries

Exports from Bulgaria

Truck and bus tire exports from Bulgaria skyrocketed to X units in 2020, increasing by X% compared with the previous year. In general, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. As a result, exports reached the peak of X units. From 2018 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, truck and bus tire exports stood at $X in 2020. Overall, exports saw a prominent increase. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Turkey (X units), Greece (X units) and Romania (X units) were the main destinations of truck and bus tire exports from Bulgaria, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X) remains the key foreign market for truck and bus tire exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

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

Export Prices by Country

The average truck and bus tire export price stood at $X per unit in 2020, with a decrease of -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Macedonia ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Buses Or Lorries

Imports into Bulgaria

In 2020, after five years of growth, there was significant decline in overseas purchases of tyres for buses or lorries, when their volume decreased by -X% to X units. Overall, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at X units in 2019, and then contracted rapidly in the following year.

In value terms, truck and bus tire imports dropped notably to $X in 2020. In general, imports continue to indicate a noticeable descent. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019, and then shrank sharply in the following year.

Imports by Country

Russia (X units), Romania (X units) and China (X units) were the main suppliers of truck and bus tire imports to Bulgaria, together accounting for X% of total imports. These countries were followed by Hungary, Thailand, Serbia, South Korea, Turkey, Viet Nam, Germany, Poland and Slovakia, which together accounted for a further X 2007 to 2020, the biggest increases were in Viet Nam, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest truck and bus tire suppliers to Bulgaria were Romania ($X), Russia ($X) and Thailand ($X), together accounting for X% of total imports. These countries were followed by Hungary, Turkey, South Korea, Germany, Viet Nam, Poland, Slovakia, China and Serbia, which together accounted for a further X Nam saw 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 2020, the average truck and bus tire import price amounted to $X per unit, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per unit. From 2011 to 2020, the growth in terms of the average import prices remained 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 Slovakia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres for buses or lorries in the world?
+
The countries with the highest volumes of truck and bus tire consumption in 2020 were China (77M units), the U.S. (58M units) and India (31M units), together comprising 42% of global consumption.
What are the largest producers of tyres for buses or lorries in the world?
+
The country with the largest volume of truck and bus tire production was China (170M units), comprising approx. 41% of total volume. Moreover, truck and bus tire production in China exceeded the figures recorded by the second-largest producer, India (34M units), fivefold. The third position in this ranking was occupied by the U.S. (29M units), with a 7% share.
What are the leading suppliers of tyres for buses or lorries to Bulgaria?
+
In value terms, the largest truck and bus tire suppliers to Bulgaria were Romania ($6.2M), Russia ($5.7M) and Thailand ($3M), together accounting for 43% of total imports. Hungary, Turkey, South Korea, Germany, Viet Nam, Poland, Slovakia, China and Serbia lagged somewhat behind, together accounting for a further 44%.
What are the leading importers of tyres for buses or lorries from Bulgaria?
+
In value terms, Greece ($2.2M) remains the key foreign market for truck and bus tire exports from Bulgaria, comprising 41% of total exports. The second position in the ranking was occupied by Turkey ($772K), with a 14% share of total exports. It was followed by Romania, with a 11% share.
What is the average export price for tyres for buses or lorries in Bulgaria?
+
In 2020, the average truck and bus tire export price amounted to $99 per unit, waning by -5.7% against the previous year.
What is the average import price for tyres for buses or lorries in Bulgaria?
+
In 2020, the average truck and bus tire import price amounted to $143 per unit, remaining relatively unchanged against the previous year.

Product coverage:
• Prodcom 22111355 - New pneumatic rubber tyres for buses or lorries with a load index . .121
• Prodcom 22111357 - New pneumatic rubber tyres for buses or lorries with a load index > .121

This report provides an in-depth analysis of the market for truck and bus 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 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 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, 2007–2020
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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