| Product Code: ETC5367093 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s import shipments of electric tapping machines in 2024 continued to be dominated by China, Germany, Poland, USA, and Japan. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased significantly from 2023 to 2024, indicating a very high concentration of imports among these top exporting countries. The compound annual growth rate (CAGR) from 2020 to 2024 was robust at 7.54%, with a moderate growth rate of 1.93% from 2023 to 2024. This data suggests a steady increase in demand for electric tapping machines in Bulgaria, driven by imports from key global players.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Electric tapping Machine Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Electric tapping Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Electric tapping Machine Market - Industry Life Cycle |
3.4 Bulgaria Electric tapping Machine Market - Porter's Five Forces |
3.5 Bulgaria Electric tapping Machine Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Bulgaria Electric tapping Machine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Bulgaria Electric tapping Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Electric tapping Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization in Bulgaria leading to increased demand for electric tapping machines |
4.2.2 Technological advancements in electric tapping machines improving efficiency and productivity |
4.2.3 Government initiatives promoting the use of automation in manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing electric tapping machines |
4.3.2 Lack of skilled workforce to operate and maintain electric tapping machines |
4.3.3 Fluctuations in raw material prices impacting the cost of production |
5 Bulgaria Electric tapping Machine Market Trends |
6 Bulgaria Electric tapping Machine Market Segmentations |
6.1 Bulgaria Electric tapping Machine Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Electric tapping Machine Market Revenues & Volume, By Fully Automatic, 2021-2031F |
6.1.3 Bulgaria Electric tapping Machine Market Revenues & Volume, By Semi-Automatic, 2021-2031F |
6.2 Bulgaria Electric tapping Machine Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Electric tapping Machine Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Bulgaria Electric tapping Machine Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.4 Bulgaria Electric tapping Machine Market Revenues & Volume, By Magnetic, 2021-2031F |
6.3 Bulgaria Electric tapping Machine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Electric tapping Machine Market Revenues & Volume, By Automotive Parts, 2021-2031F |
6.3.3 Bulgaria Electric tapping Machine Market Revenues & Volume, By Rolling Mill, 2021-2031F |
6.3.4 Bulgaria Electric tapping Machine Market Revenues & Volume, By Power Press, 2021-2031F |
6.3.5 Bulgaria Electric tapping Machine Market Revenues & Volume, By Paper Mill, 2021-2031F |
6.3.6 Bulgaria Electric tapping Machine Market Revenues & Volume, By Steel Plants, 2021-2031F |
6.3.7 Bulgaria Electric tapping Machine Market Revenues & Volume, By Extrusion, 2021-2031F |
7 Bulgaria Electric tapping Machine Market Import-Export Trade Statistics |
7.1 Bulgaria Electric tapping Machine Market Export to Major Countries |
7.2 Bulgaria Electric tapping Machine Market Imports from Major Countries |
8 Bulgaria Electric tapping Machine Market Key Performance Indicators |
8.1 Percentage increase in the adoption of electric tapping machines in Bulgarian industries |
8.2 Average time saved per tapping operation using electric tapping machines |
8.3 Percentage reduction in error rates in tapping operations after the introduction of electric tapping machines |
9 Bulgaria Electric tapping Machine Market - Opportunity Assessment |
9.1 Bulgaria Electric tapping Machine Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Bulgaria Electric tapping Machine Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Bulgaria Electric tapping Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Electric tapping Machine Market - Competitive Landscape |
10.1 Bulgaria Electric tapping Machine Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Electric tapping Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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