| Product Code: ETC5910113 | 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 crane and hoist import Market Top 5 Importing Countries and Market Competition (HHI) Analysis continues to see strong growth, with a notable CAGR of 17.59% from 2020 to 2024. In 2024, top exporting countries include China, Italy, Poland, Germany, and the UK. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by the HHI, has significantly increased from 2023 to 2024, indicating a very high level of concentration. Despite a slight growth rate of 0.34% in 2024 compared to the previous year, the overall trend suggests a robust demand for crane and hoist imports in Bulgaria.
hoist Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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 Crane , Hoist Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Crane , Hoist Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Crane , Hoist Market - Industry Life Cycle |
3.4 Bulgaria Crane , Hoist Market - Porter's Five Forces |
3.5 Bulgaria Crane , Hoist Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Crane , Hoist Market Revenues & Volume Share, By Operations, 2021 & 2031F |
3.7 Bulgaria Crane , Hoist Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Bulgaria Crane , Hoist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction and infrastructure development projects in Bulgaria |
4.2.2 Increasing industrial activities and manufacturing sector in the country |
4.2.3 Adoption of advanced technologies in crane and hoist systems in Bulgaria |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuations in the Bulgarian market |
4.3.2 Regulatory challenges and compliance requirements in the crane and hoist industry |
5 Bulgaria Crane , Hoist Market Trends |
6 Bulgaria Crane , Hoist Market Segmentations |
6.1 Bulgaria Crane , Hoist Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Crane , Hoist Market Revenues & Volume, By Mobile Cranes, 2021-2031F |
6.1.3 Bulgaria Crane , Hoist Market Revenues & Volume, By Fixed Cranes, 2021-2031F |
6.2 Bulgaria Crane , Hoist Market, By Operations |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Crane , Hoist Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Bulgaria Crane , Hoist Market Revenues & Volume, By Electric, 2021-2031F |
6.2.4 Bulgaria Crane , Hoist Market Revenues & Volume, By Hybrid, 2021-2031F |
6.3 Bulgaria Crane , Hoist Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Crane , Hoist Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Bulgaria Crane , Hoist Market Revenues & Volume, By Shipping & Material Handling, 2021-2031F |
6.3.4 Bulgaria Crane , Hoist Market Revenues & Volume, By Automotive & Railway, 2021-2031F |
6.3.5 Bulgaria Crane , Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.3.6 Bulgaria Crane , Hoist Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.7 Bulgaria Crane , Hoist Market Revenues & Volume, By Energy & Power, 2021-2031F |
7 Bulgaria Crane , Hoist Market Import-Export Trade Statistics |
7.1 Bulgaria Crane , Hoist Market Export to Major Countries |
7.2 Bulgaria Crane , Hoist Market Imports from Major Countries |
8 Bulgaria Crane , Hoist Market Key Performance Indicators |
8.1 Average utilization rate of cranes and hoists in Bulgaria |
8.2 Number of new crane and hoist installations in key industries |
8.3 Rate of adoption of IoT and automation technologies in crane and hoist systems |
9 Bulgaria Crane , Hoist Market - Opportunity Assessment |
9.1 Bulgaria Crane , Hoist Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Crane , Hoist Market Opportunity Assessment, By Operations, 2021 & 2031F |
9.3 Bulgaria Crane , Hoist Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Bulgaria Crane , Hoist Market - Competitive Landscape |
10.1 Bulgaria Crane , Hoist Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Crane , Hoist 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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