Truck Market Overview in Bulgaria
The revenue of the truck market in Bulgaria amounted to $141M in 2010, shrinking by -32.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, truck consumption continues to indicate a dramatic decline. The most prominent rate of growth was recorded in 2008 with an increase of 48% y-o-y. In that year, the truck market attained its peak level of $529M. From 2009 to 2010, the growth of the truck market remained at a lower figure.