Bulgaria - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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Way-Type Unit Head Market Size in Bulgaria
In 2021, after four years of growth, there was significant decline in the Bulgarian way-type unit head market, when its value decreased by -35% to $X. Overall, consumption, however, posted a strong increase. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.
Way-Type Unit Head Production in Bulgaria
In value terms, way-type unit head production reduced markedly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 243%. As a result, production attained the peak level of $X, and then shrank dramatically in the following year.
Way-Type Unit Head Exports
Exports from Bulgaria
In 2020, the amount of way-type unit heads for working metal exported from Bulgaria surged to X tons, growing by 1,048% against 2019 figures. Overall, exports enjoyed a slight expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, way-type unit head exports soared to $X in 2020. In general, exports saw a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 1,340%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2020, the exports remained at a lower figure.
Exports by Country
Turkey (X tons), Greece (X tons) and the Netherlands (X tons) were the main destinations of way-type unit head exports from Bulgaria.
From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +87.0%), while the other leaders experienced more modest paces of growth.
In value terms, Greece ($X) emerged as the key foreign market for way-type unit heads for working metal exports from Bulgaria, comprising 86% of total exports. The second position in the ranking was held by Turkey ($X), with a 12% share of total exports.
From 2012 to 2020, the average annual growth rate of value to Greece amounted to +81.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+52.7% per year) and the Netherlands (+83.6% per year).
Export Prices by Country
The average way-type unit head export price stood at $X per ton in 2020, falling by -43.9% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 455% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2020, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+21.0%), while the prices for the other major destinations experienced a decline.
Way-Type Unit Head Imports
Imports into Bulgaria
In 2021, purchases abroad of way-type unit heads for working metal decreased by -21.9% to X tons, falling for the second consecutive year after two years of growth. Overall, imports saw a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of 509%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.
In value terms, way-type unit head imports soared to $X in 2021. Over the period under review, imports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 568%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.
Imports by Country
Germany (X tons), Switzerland (X tons) and Belgium (X tons) were the main suppliers of way-type unit head imports to Bulgaria, with a combined 90% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +17.2%), while imports for the other leaders experienced mixed trend patterns.
In value terms, Germany ($X), Switzerland ($X) and Belgium ($X) appeared to be the largest way-type unit head suppliers to Bulgaria, with a combined 91% share of total imports.
Switzerland, with a CAGR of +26.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
The average way-type unit head import price stood at $X per ton in 2021, rising by 60% against the previous year. In general, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 124% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the way-type unit head 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.
Product coverage:
- Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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