Earlier Report Observations
Bulgaria's production of machining centres for working metal rose sharply from 3.1 million USD in 2019 to 8.9 million USD in 2020 and reached 32.9 million USD in 2022.
Exports expanded from 2.8 million USD in 2018 to 18.6 million USD in 2020, then to 39.0 million USD in 2023, before falling to 26.6 million USD in 2024. Imports varied, with a high of 25.0 million USD in 2020 and a low of 14.8 million USD in 2022.
The domestic market volume declined from 23.4 million USD in 2019 to 15.4 million USD in 2020, then recovered slightly to 17.8 million USD in 2022.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In value
- 4.1.1. Production, 2019-2020, 2022
- 4.1.2. Imports, 2018-2024
- 4.1.3. Exports, 2018-2024
- 4.1.4. Market size, 2019-2020, 2022
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4.1. In value
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5. Production
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5.1. Production in Bulgaria
- 5.1.1. In kind, 2019-2020, 2022, unit
- 5.1.2. In value, 2019-2020, 2022, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, unit
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Bulgaria
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, unit
- 6.1.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, unit
- 6.1.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, unit
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, K $ US/unit
- 6.1.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, K $ US/unit
- 6.1.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, K $ US/unit
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, unit
- 6.2.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, unit
- 6.2.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, unit
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, K $ US/unit
- 6.2.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, K $ US/unit
- 6.2.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, K $ US/unit
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, unit
- 7.1.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, unit
- 7.1.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, unit
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, K $ US/unit
- 7.1.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, K $ US/unit
- 7.1.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, K $ US/unit
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, unit
- 7.2.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, unit
- 7.2.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, unit
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, K $ US/unit
- 7.2.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, K $ US/unit
- 7.2.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, K $ US/unit
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, unit
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, unit
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production machining centres for metal in Bulgaria
In value, 2017-2020, K $ US
The market showed an unstable trend throughout the period. From the low point in 2019 to the peak in 2017, {context} volumes varied by 3.4 times. In 2020, Bulgaria's output of machining centres for metal was valued at 8 926 K $ US, representing a year-over-year increase of 184.8%.
Annual dynamics of production in Bulgaria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 184.8% | (5.7%) |
In kind, 2017-2020, unit
The market displayed an unstable trend during the timeframe. Production {volume} reached its highest level in 2017 and its lowest in 2019, with a 3.3-fold difference between these years. In 2020, Bulgaria produced 55.00 units of machining centres for metal, which is 120.0% higher than the previous year.
Annual dynamics of production in Bulgaria in kind, 2017-2020, unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 120.0% | (12.8%) |
Exports machining centres for metal from Bulgaria
Exports in kind, unit
Market performance showed noticeable fluctuations over the period. The minimum value was recorded in 2019 at 32.0 units, while the maximum was in 2018 at 267.0 units, resulting in an 8.3-fold variation. In 2020, Bulgaria exported 229.0 units of machining centres for metal, up by 615.6% year-over-year. The largest increase occurred in 2018 at 685.3%, and the largest decline was in 2019 at 88.0%.
Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 685.3% | (88.0%) | 615.6% | 88.9% |
From 2017 to 2020, Iran, Turkey, and Germany remained the main buyers of machining centres for metal from Bulgaria, accounting for 37.7%, 20.6%, and 16.7% of exports in kind, respectively. Together, they formed 75.1% of total exports in kind.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Bulgaria in kind, 2017-2020
Exports in value, K $ US
Cross-border shipments of machining centres for metal from Bulgaria increased for the third consecutive year. In 2020, Bulgaria exported 18 561 K $ US of machining centres for metal, which is 526.8% higher than the previous year. Between 2017 and 2020, exports grew by 581.9%, equating to an annualized rate of 89.6%.
Annual dynamics of product's exports from Bulgaria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.5% | 7.2% | 526.8% | 89.6% |
Throughout 2017–2020, the three largest markets for Bulgaria's exports in value terms were Germany, Russia, and Turkey, which together accounted for 67.9% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Bulgaria in value, 2017-2020
Imports machining centres for metal to Bulgaria
Imports in kind, unit
In 2020, Bulgaria's imports of machining centres for metal totalled 205.0 units, up by 15.8% compared to the previous year. Over the period 2017-2020, imports increased by 46.4%, with a compound annual growth rate (CAGR) of 13.6%. The largest increase was recorded in 2018 at 31.4%, while the largest decline occurred in 2019 at 3.8%.
Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 31.4% | (3.8%) | 15.8% | 13.6% |
From 2017 to 2020, the three largest sources for Bulgaria's imports in kind were Germany, Asia (not elsewhere specified), and Turkey, which together accounted for 71.7% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Bulgaria in kind, 2017-2020
Imports in value, K $ US
In 2020, Bulgaria's imports of machining centres for metal from abroad amounted to 24 986 K $ US, up by 7.5% compared to the previous year. Over the period 2017-2020, imports increased by 28.2%, with a compound annual growth rate (CAGR) of 8.6%. The largest increase was recorded in 2018 at 22.6%, and the largest decline occurred in 2019 at 2.7%.
Annual dynamics of product's imports to Bulgaria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 22.6% | (2.7%) | 7.5% | 8.6% |
From 2017 to 2020, Germany, Asia (not elsewhere specified), and Turkey were the main sources for Bulgaria's imports of machining centres for metal in value terms, with shares of 33.6%, 18.3%, and 11.7%, respectively. Together, they accounted for 63.6% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Bulgaria in value, 2017-2020
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