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Bulgaria - Tyres For Motor Cycles Or Bicycles - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Motorcycle Tire Market Overview 2020

Motorcycle Tire Market Size in Bulgaria

The revenue of the motorcycle tire market in Bulgaria amounted to $X in 2018, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total market indicated strong growth from 2007 to 2018: its value increased 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, motorcycle tire consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. Over the period under review, the motorcycle tire market attained its maximum level at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Motorcycle Tire Exports

Exports from Bulgaria

In 2018, the amount of tyres for motor cycles or bicycles exported from Bulgaria stood at X units, increasing by X% against the previous year. Over the period under review, motorcycle tire exports continue to indicate remarkable growth. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. In that year, motorcycle tire exports reached their peak of X units. From 2016 to 2018, the growth of motorcycle tire exports failed to regain its momentum.

In value terms, motorcycle tire exports amounted to $X in 2018. Overall, motorcycle tire exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. In that year, motorcycle tire exports reached their peak of $X. From 2016 to 2018, the growth of motorcycle tire exports remained at a somewhat lower figure.

Exports by Country

Serbia (X units) was the main destination for motorcycle tire exports from Bulgaria, with a X% share of total exports. Moreover, motorcycle tire exports to Serbia exceeded the volume sent to the second major destination, Turkey (X units), fivefold. Croatia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Serbia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-X% per year) and Croatia (+X% per year).

In value terms, Serbia ($X) remains the key foreign market for motorcycle tire exports from Bulgaria, comprising X% of total motorcycle tire exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

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

Export Prices by Country

In 2018, the average motorcycle tire export price amounted to $X per unit, coming down by -X% against the previous year. Over the period under review, the motorcycle tire export price continues to indicate a deep descent. The pace of growth was the most pronounced in 2015 when the average export price increased by X% year-to-year. In that year, the average export prices for tyres for motor cycles or bicycles attained their peak level of $X per unit. From 2016 to 2018, the growth in terms of the average export prices for tyres for motor cycles or bicycles remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Turkey ($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 the Netherlands, while the prices for the other major destinations experienced a decline.

Motorcycle Tire Imports

Imports into Bulgaria

In 2018, the amount of tyres for motor cycles or bicycles imported into Bulgaria stood at X units, falling by -X% against the previous year. In general, motorcycle tire imports, however, continue to indicate a mild increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, motorcycle tire imports attained their maximum at X units in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, motorcycle tire imports amounted to $X in 2018. Over the period under review, motorcycle tire imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Viet Nam (X units) constituted the largest motorcycle tire supplier to Bulgaria, with a X% share of total imports. Moreover, motorcycle tire imports from Viet Nam exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was occupied by China (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Viet Nam amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China (-X% per year).

In value terms, Germany ($X), Viet Nam ($X) and China ($X) were the largest motorcycle tire suppliers to Bulgaria, together accounting for X% of total imports.

Among the main suppliers, Germany recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average motorcycle tire import price stood at $X per unit in 2018, picking up by X% against the previous year. Over the period under review, the motorcycle tire import price continues to indicate resilient growth. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, the average import prices for tyres for motor cycles or bicycles reached their maximum in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 22111200 - New pneumatic tyres, of rubber, of a kind used on motorcycles or bicycles

This report provides an in-depth analysis of the motorcycle tire market 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 2030.


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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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