Parts for harvesting machinery including parts of threshing machinery straw or fodder balers and grass or hay mowers market in Bulgaria

Earlier Report Observations

Between 2018 and 2020, the market for parts for harvesting machinery in Bulgaria fluctuated between $22.2 million and $27 million. The initial market volume of $26.3 million in 2018 coincided with the entry of new agricultural machinery brands like ROSTSELMASH, which began establishing itself with a growing number of combine harvester registrations, increasing competitive pressure and broadening the supplier base. A decline to $22.2 million in 2019 occurred alongside a significant drop in imports, even as combine sales from brands like Case IH showed strong growth over a two-year period, suggesting a temporary disconnect between new machinery purchases and immediate spare part demand. The market recovered to $27 million in 2020, driven by a surge in combine harvester sales, including a 31.15% increase for CLAAS and a 100% rise for ROSTSELMASH, while the COVID-19 pandemic prompted adjustments in supply chains and fleet renewal.

Following 2020, trade flows for parts showed high volatility. Imports soared to $67.6 million in 2022, a spike supported by ongoing technological innovations in farm machinery and the introduction of stricter environmental regulations, which increased demand for modern, compliant components. However, from 2023, inflationary pressures and macroeconomic uncertainty began to dampen domestic demand, contributing to a halving of imports to $37.6 million by 2024. Over the same period, exports remained robust, reaching $60 million in 2023, indicating a shift in activity toward external markets. Consumer preferences also evolved, favoring higher-quality and more technologically advanced products.

Throughout the 2018-2024 period, the market for harvesting machinery parts was primarily shaped by changes in the national machinery fleet. The entry and consolidation of new brands, cyclical equipment renewal, and regulatory shifts directly influenced demand for spare parts. These factors, combined with evolving consumer tastes toward sophisticated and eco-friendly products, defined the market's volume and trade dynamics over these years.

Production parts for harvesting and mowing machinery in Bulgaria

In value, 2017-2020, K $ US

Bulgaria's production of parts for harvesting machinery, including components for threshing machinery, straw or fodder balers, and grass or hay mowers, declined after two years of growth. In 2020, output was valued at 6 111 K $ US, marking a 19.3% decrease from 2019. Over the 2017-2020 period, production rose by 37.6%, with an average annual growth rate of 11.2%. The peak value occurred in 2019 at 7 574 K $ US, while the largest annual increase was in 2018 at 33.7%.

Annual dynamics of production in Bulgaria in value, 2017-2020, K $ US

Exports parts for harvesting and mowing machinery from Bulgaria

Exports in kind, t

Bulgaria's exports of parts for harvesting machinery, including components for threshing machinery, straw or fodder balers, and grass or hay mowers, fell for the second year in a row. In 2020, exports totaled 2 005 t, showing a gradual decline of 3.4% from the previous year. From 2017 to 2020, exports dropped by 9.7%, with an average annual decrease of 3.3%. The highest volume was recorded in 2018 at 2 244 t, with the largest decline in 2019 at 7.5% and the largest increase in 2018 at 1.1%.

Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, t

From 2017 to 2020, Romania, Italy, and Germany were the main buyers of Bulgaria's parts for harvesting machinery, including components for threshing machinery, straw or fodder balers, and grass or hay mowers. Romania accounted for 51.0% of exports in kind, Italy for 16.9%, and Germany for 10.2%, together making up 78.1% 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

Bulgaria's exports of parts for harvesting machinery, including components for threshing machinery, straw or fodder balers, and grass or hay mowers, decreased for the second consecutive year. In 2020, exports amounted to 18 581 K $ US, down 9.7% from the previous year. Between 2017 and 2020, exports fell by 6.7%, equivalent to an annualized rate of 2.3%. The peak value was in 2018 at 21 904 K $ US, with the largest increase that year at 9.9%.

Annual dynamics of product's exports from Bulgaria in value, 2017-2020, K $ US

From 2017 to 2020, Romania dominated Bulgaria's export structure in value terms, accounting for 73.3% of total flows, while other destinations contributed relatively small shares.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Bulgaria in value, 2017-2020

Imports parts for harvesting and mowing machinery to Bulgaria

Imports in kind, t

In 2020, Bulgaria's imports of parts for harvesting machinery, including components for threshing machinery, straw or fodder balers, and grass or hay mowers, reached 2 821 t, a strong increase of 11.2% compared to 2019. Over the 2017-2020 period, imports grew by 14.1%, with an average annual growth rate of 4.5%. The highest volume was in 2018 at 3 030 t, with the largest decline in 2019 at 16.3% and the largest increase in 2018 at 22.5%.

Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, t

From 2017 to 2020, Italy, Germany, and Hungary were the top contributors to Bulgaria's imports in kind of parts for harvesting machinery, including components for threshing machinery, straw or fodder balers, and grass or hay mowers. Italy accounted for 27.7% of imports in kind, Germany for 16.0%, and Hungary for 14.3%, together representing 58.0% 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

Bulgaria imported 39 432 K $ US worth of parts for harvesting machinery, including components for threshing machinery, straw or fodder balers, and grass or hay mowers, in 2020, an increase of 11.9% from the previous year. Over the 2017-2020 period, imports rose by 27.3%, with an average annual growth rate of 8.4%. The peak value was in 2018 at 42 220 K $ US, with the largest decline in 2019 at 16.6% and the largest increase in 2018 at 36.3%.

Annual dynamics of product's imports to Bulgaria in value, 2017-2020, K $ US

From 2017 to 2020, Germany, Italy, and Greece formed the main group of sources for Bulgaria's imports in value terms of parts for harvesting machinery, including components for threshing machinery, straw or fodder balers, and grass or hay mowers. Germany accounted for 24.0% of imports in value terms, Italy for 23.5%, and Greece for 13.7%, together making up 61.2% 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