Bulgaria - Vehicles Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Propelled Vehicle Price in Bulgaria - 2023
Contents:
- Non-Propelled Vehicle Price in Bulgaria (CIF) - 2022
- Non-Propelled Vehicle Price in Bulgaria (FOB) - 2023
- Non-Propelled Vehicle Imports in Bulgaria
- Non-Propelled Vehicle Exports in Bulgaria
Non-Propelled Vehicle Price in Bulgaria (CIF) - 2022
The average non-propelled vehicle import price stood at $42 per unit in 2022, with an increase of 6.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 29% against the previous year. As a result, import price reached the peak level of $45 per unit. From 2019 to 2022, 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 Sweden ($95 per unit), while the price for Greece ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Propelled Vehicle Price in Bulgaria (FOB) - 2023
The average non-propelled vehicle export price stood at $51.3 per unit in July 2023, with a decrease of -52.8% against the previous month. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 178% against the previous month. As a result, the export price reached the peak level of $159 per unit. From March 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($327 per unit), while the average price for exports to Greece ($2.1 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Propelled Vehicle Imports in Bulgaria
Non-propelled vehicle imports into Bulgaria skyrocketed to 182K units in 2022, growing by 16% compared with 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, non-propelled vehicle imports surged to $7.7M in 2022. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Non-Propelled Vehicle in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,934 | 855 | 1,466 | 1,388 | -10.5% |
Turkey | 433 | 1,031 | 1,049 | 1,372 | 46.9% |
China | 501 | 536 | 1,045 | 1,343 | 38.9% |
Serbia | 465 | 240 | 851 | 940 | 26.4% |
Sweden | 25.6 | 9.0 | 121 | 531 | 174.8% |
Poland | 490 | 237 | 239 | 276 | -17.4% |
Croatia | 111 | 118 | 202 | 153 | 11.3% |
Greece | 4.9 | 1.2 | 45.7 | 66.4 | 138.4% |
Others | 646 | 984 | 1,235 | 1,603 | 35.4% |
Total | 4,610 | 4,011 | 6,253 | 7,674 | 18.5% |
Top Suppliers of Non-Propelled Vehicle to Bulgaria in 2022:
- Turkey (48.3K units)
- China (36.3K units)
- Serbia (31.8K units)
- Germany (24.9K units)
- Greece (6.4K units)
- Sweden (5.6K units)
- Croatia (4.8K units)
- Poland (4.4K units)
Non-Propelled Vehicle Exports in Bulgaria
For the third year in a row, Bulgaria recorded decline in overseas shipments of vehicles not mechanically propelled, which decreased by -23.5% to 66K units in 2022. In general, exports continue to indicate a sharp decline. The smallest decline of -4% was in 2021. Over the period under review, the exports reached the peak figure at 197K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-propelled vehicle exports expanded rapidly to $5M in 2022. Over the period under review, exports saw a deep downturn. The exports peaked at $7.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Non-Propelled Vehicle in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 298 | 248 | 321 | 407 | 10.9% |
Greece | 145 | 182 | 191 | 334 | 32.1% |
Germany | 449 | 321 | 393 | 274 | -15.2% |
Poland | 245 | 247 | 217 | 238 | -1.0% |
Netherlands | 87.5 | 121 | 382 | 217 | 35.4% |
France | 2,472 | 985 | 356 | 189 | -57.6% |
Belgium | 229 | 133 | 145 | 187 | -6.5% |
Italy | 1,046 | 427 | 426 | 172 | -45.2% |
United Arab Emirates | 59.9 | 43.9 | 20.0 | 131 | 29.8% |
Turkey | 71.4 | 70.9 | 105 | 128 | 21.5% |
Spain | 313 | 177 | 234 | 119 | -27.6% |
Sweden | 69.9 | 75.3 | 28.0 | 61.8 | -4.0% |
United Kingdom | 355 | 53.2 | 0.6 | N/A | -95.9% |
Others | 1,378 | 1,279 | 1,820 | 2,530 | 22.4% |
Total | 7,217 | 4,364 | 4,638 | 4,988 | -11.6% |
Top Export Markets for Non-Propelled Vehicle from Bulgaria in 2022:
- Netherlands (13.8K units)
- Belgium (11.9K units)
- Romania (5.5K units)
- Greece (4.9K units)
- Italy (3.9K units)
- Germany (3.2K units)
- Poland (3.0K units)
- Spain (3.0K units)
- France (2.4K units)
- United Arab Emirates (1.7K units)
- Turkey (1.1K units)
- Sweden (0.8K units)
This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys
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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