Industry Statistics and Rankings
How does this industry perform in Bulgaria compared to Europe?
Country Benchmarking
Industry Data Bulgaria
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#11 In EuropeBusiness
#8 In EuropeEmployees
#11 In EuropeWages
#16 In EuropeEurope’s hard coal mining revenue is forecast to slump at a compound annual rate of 11.4% over the five years through 2024. Coal has been continually phased out in energy production, weighing on demand for the industry’s largest market and weakening revenue prospects for coal miners. Despite the long-term shift away from coal, supply chain disruptions caused by the Russia-Ukraine conflict have led to uncertainties surrounding the supply of natural gas, leading to many nations increasing their consumption of coal as a power source in 2022, spurring an increase in price and, as such, revenue. However, coal consumption has since eased.
Enterprises
Number of businesses in 2024
Biggest companies in the Hard Coal Mining in Bulgaria
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Hard Coal Mining in Bulgaria industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Hard Coal Mining industry in Bulgaria in 2024?
The market size of the Hard Coal Mining industry in Bulgaria is €3.8m in 2024.
How many businesses are there in the Hard Coal Mining in Bulgaria industry in 2024?
There are 4 businesses in the Hard Coal Mining industry in Bulgaria, which has grown at a CAGR of 1.7 % between 2019 and 2024.
Has the Hard Coal Mining industry in Bulgaria grown or declined over the past 5 years?
The market size of the Hard Coal Mining industry in Bulgaria has been declining at a CAGR of 10.3 % between 2019 and 2024.
What is the forecast growth of the Hard Coal Mining industry in Bulgaria over the next 5 years?
Over the next five years, the Hard Coal Mining industry in Bulgaria is expected to grow.
What does the Hard Coal Mining in Bulgaria include?
Underground coal mining and Opencast coal mining are part of the Hard Coal Mining industry.
How competitive is the Hard Coal Mining industry in Bulgaria?
The level of competition is moderate and decreasing in the Hard Coal Mining industry in Bulgaria.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Lignite Mining in Bulgaria
Complementors
- Stone Quarrying in Bulgaria
- Salt Extraction in Bulgaria
International industries
Table of Contents
About this industry
Industry definition
Companies in this industry mine black coal from underground or opencast mines. Mining includes the extraction of coal and the associated activities, such as washing, grading, pulverising and compressing, which are necessary to prepare the coal for sale.
Related Terms
Hard CoalOpencast MiningSteaming CoalWhat's included in this industry?
Underground coal miningOpencast coal miningCompanies
Industry Code
051 - Mining of hard coal in Bulgaria
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Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Hard Coal Mining in Bulgaria industry?
Outlook
Analysis
What's driving the Hard Coal Mining in Bulgaria industry outlook?
Volatility
Analysis
What influences volatility in the Hard Coal Mining in Bulgaria industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Hard Coal Mining in Bulgaria industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Opencast mines tend to be more efficient to run. Coal miners operating opencast mines incur fewer capital costs than those operating underground coal mining operations, making them more popular where possible.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Hard Coal Mining in Bulgaria industry's products and services performing?
Analysis
What are innovations in the Hard Coal Mining in Bulgaria industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Hard Coal Mining in Bulgaria industry?
International Trade
Highlights
- Total Imports into Bulgaria
- Total Exports into Bulgaria
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Large companies dominate the industry. Many coal mining companies have operated in the industry for a long time, so they have established and well-known operations.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Hard Coal Mining in Bulgaria located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Hard coal miners must follow strict regulations. Miners must follow a range of regulations relating to safety and environmental standards, which are enforced by the government and regulatory bodies.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Hard Coal Mining in Bulgaria industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Commodity prices are a key driver of profitability. Once a mine is operating at full capacity, mine operators have limited scope to cut operating costs, so profitability is heavily dependent on the price of commodities on the open market.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Hard Coal Mining in Bulgaria industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
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