Report Update: May 1, 2024

Bulgaria - Rubber Hose Reinforced With Metal - Market Analysis, Forecast, Size, Trends And Insights

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Metal-Reinforced Rubber Hose Price in Bulgaria - 2023

Metal-Reinforced Rubber Hose Price in Bulgaria (CIF) - 2023

The average metal-reinforced rubber hose import price stood at $6,261 per ton in August 2023, almost unchanged from the previous month. Over the period under review, import price indicated a slight expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, metal-reinforced rubber hose import price decreased by -30.5% against June 2023 indices. The pace of growth was the most pronounced in November 2022 an increase of 53% month-to-month. Over the period under review, average import prices reached the maximum at $9,013 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($22,548 per ton), while the price for China ($2,812 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal-Reinforced Rubber Hose Price in Bulgaria (FOB) - 2022

The average metal-reinforced rubber hose export price stood at $4,537 per ton in 2022, increasing by 12% against the previous year. Overall, the export price, however, saw a pronounced decrease. The export price peaked at $6,259 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($9,513 per ton), while the average price for exports to Iran ($1,136 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+20.5%), while the prices for the other major destinations experienced a decline.

Metal-Reinforced Rubber Hose Imports in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in overseas purchases of rubber hose reinforced with metal, which increased by 12% to 497 tons in 2022. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal-reinforced rubber hose imports soared to $2.9M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +50.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Metal-Reinforced Rubber Hose in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	518	537	583	688	9.9%
North Macedonia	400	505	523	667	18.6%
Poland	203	143	163	420	27.4%
Czech Republic	225	228	314	374	18.5%
Germany	142	139	203	282	25.7%
China	118	65.2	118	188	16.8%
Spain	79.8	84.1	155	136	19.4%
Greece	68.6	61.4	54.2	N/A	-11.1%
Others	198	265	241	189	-1.5%
Total	1,954	2,027	2,355	2,945	14.7%

Top Suppliers of Metal-Reinforced Rubber Hose to Bulgaria in 2022:

North Macedonia (148.0 tons)
Italy (114.1 tons)
Czech Republic (69.0 tons)
China (62.9 tons)
Poland (42.2 tons)
Germany (27.1 tons)
Spain (14.5 tons)

Metal-Reinforced Rubber Hose Exports in Bulgaria

In 2022, overseas shipments of rubber hose reinforced with metal decreased by -52.4% to 122 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a sharp slump. The growth pace was the most rapid in 2020 when exports increased by 25%. As a result, the exports reached the peak of 390 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal-reinforced rubber hose exports contracted significantly to $554K in 2022. In general, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 when exports increased by 34%. As a result, the exports attained the peak of $1.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Metal-Reinforced Rubber Hose in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	983	1,391	852	312	-31.8%
North Macedonia	123	127	102	90.9	-9.6%
Georgia	3.9	4.4	41.2	75.0	167.9%
Iran	23.0	N/A	N/A	24.5	2.1%
Serbia	3.3	4.0	19.9	14.4	63.4%
Others	31.1	37.8	25.9	37.9	6.8%
Total	1,167	1,565	1,041	554	-22.0%

Top Export Markets for Metal-Reinforced Rubber Hose from Bulgaria in 2022:

Spain (72.8 tons)
Iran (21.6 tons)
North Macedonia (14.8 tons)
Georgia (7.9 tons)
Serbia (2.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal-reinforced rubber hose 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 22193055 - Rubber hose reinforced with metal

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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023