| Product Code: ETC5400077 | 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 |
The import shipments of shovels and spades to Bulgaria have shown a significant increase in concentration, with the top exporting countries being China, Poland, Turkey, Serbia, and Germany. The high Herfindahl-Hirschman Index (HHI) in 2023 escalated to very high concentration in 2024, indicating a more consolidated Market Top 5 Importing Countries and Market Competition (HHI) Analysis . The compound annual growth rate (CAGR) for the period 2020-2024 was robust at 15.59%, with a notable growth rate of 21.98% from 2023 to 2024. This suggests a strong demand for shovels and spades in Bulgaria, with key players dominating the 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 Shovels and Spades Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Shovels and Spades Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Shovels and Spades Market - Industry Life Cycle |
3.4 Bulgaria Shovels and Spades Market - Porter's Five Forces |
3.5 Bulgaria Shovels and Spades Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Shovels and Spades Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Shovels and Spades Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gardening and landscaping activities in Bulgaria |
4.2.2 Growing trend towards DIY projects and home gardening |
4.2.3 Rising awareness about the importance of gardening for mental well-being |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations due to weather conditions |
4.3.2 Competition from alternative tools and equipment for gardening and landscaping |
4.3.3 Fluctuating raw material prices affecting production costs |
5 Bulgaria Shovels and Spades Market Trends |
6 Bulgaria Shovels and Spades Market Segmentations |
6.1 Bulgaria Shovels and Spades Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Shovels and Spades Market Revenues & Volume, By Steel, 2021-2031F |
6.1.3 Bulgaria Shovels and Spades Market Revenues & Volume, By Wood, 2021-2031F |
6.2 Bulgaria Shovels and Spades Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Shovels and Spades Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 Bulgaria Shovels and Spades Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Bulgaria Shovels and Spades Market Revenues & Volume, By Public, 2021-2031F |
7 Bulgaria Shovels and Spades Market Import-Export Trade Statistics |
7.1 Bulgaria Shovels and Spades Market Export to Major Countries |
7.2 Bulgaria Shovels and Spades Market Imports from Major Countries |
8 Bulgaria Shovels and Spades Market Key Performance Indicators |
8.1 Average selling price of shovels and spades in Bulgaria |
8.2 Number of new product launches in the market |
8.3 Customer satisfaction ratings for shovels and spades brands |
8.4 Percentage of households engaged in gardening activities |
8.5 Social media engagement and online presence of shovels and spades brands |
9 Bulgaria Shovels and Spades Market - Opportunity Assessment |
9.1 Bulgaria Shovels and Spades Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Shovels and Spades Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Shovels and Spades Market - Competitive Landscape |
10.1 Bulgaria Shovels and Spades Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Shovels and Spades 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.
To discover high-growth global markets and optimize your business strategy:
Click Here