Bulgaria - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bulgaria - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights

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Data Storage Device Price in Bulgaria - 2023

Contents:

  1. Data Storage Device Price in Bulgaria (CIF) - 2023
  2. Data Storage Device Price in Bulgaria (FOB) - 2022
  3. Data Storage Device Imports in Bulgaria
  4. Data Storage Device Exports in Bulgaria

Data Storage Device Price in Bulgaria (CIF) - 2023

In August 2023, the average data storage device import price amounted to $154 per unit, reducing by -54% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 73% month-to-month. The import price peaked at $335 per unit in July 2023, and then shrank significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($1,068 per unit), while the price for Belgium ($3.2 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Data Storage Device Price in Bulgaria (FOB) - 2022

The average data storage device export price stood at $141 per unit in 2022, with an increase of 30% against the previous year. Overall, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 47%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($896 per unit), while the average price for exports to Denmark ($23 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Data Storage Device Imports in Bulgaria

In 2022, overseas purchases of data storage devices decreased by -17.3% to 475K units, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 0.5% against the previous year. As a result, imports reached the peak of 585K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, data storage device imports reduced to $42M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 5.6% against the previous year. Imports peaked at $44M in 2021, and then shrank slightly in the following year.

Import of Data Storage Device in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.99.88.58.4-1.9%
Netherlands3.34.35.87.833.2%
Czech Republic3.85.34.54.66.6%
Italy2.80.72.63.24.6%
Taiwan (Chinese)2.22.63.32.20.0%
Romania2.21.22.01.1-20.6%
Poland1.50.91.71.0-12.6%
China0.60.70.80.5-5.9%
Hong Kong SAR0.70.50.70.5-10.6%
Slovakia1.91.0N/AN/A-47.4%
United Kingdom3.41.90.3N/A-70.3%
Singapore0.60.90.6N/A0.0%
Others8.913.213.212.913.2%
Total40.742.944.142.41.4%

Top Suppliers of Data Storage Device to Bulgaria in 2022:

  1. Germany (134.4K units)
  2. Netherlands (89.6K units)
  3. Taiwan (Chinese) (70.7K units)
  4. Czech Republic (57.4K units)
  5. Romania (27.3K units)
  6. Hong Kong SAR (14.4K units)
  7. Poland (12.2K units)
  8. Italy (11.8K units)
  9. China (11.2K units)
  10. Slovakia (0.1K units)

Data Storage Device Exports in Bulgaria

Data storage device exports from Bulgaria dropped remarkably to 121K units in 2022, falling by -22.7% against the previous year's figure. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of 156K units, and then reduced dramatically in the following year.

In value terms, data storage device exports totaled $17M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Data Storage Device in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus0.32.93.07.1187.1%
Greece5.37.48.03.0-17.3%
Italy0.71.11.62.960.6%
United Arab EmiratesN/AN/AN/A0.50%
SloveniaN/AN/AN/A0.50%
Germany0.70.30.20.5-10.6%
Turkey0.40.30.80.40.0%
Czech Republic0.10.10.20.344.2%
North Macedonia0.40.40.30.3-9.1%
Austria0.20.1N/A0.314.5%
Romania0.20.90.20.20.0%
Poland0.1N/A0.30.226.0%
DenmarkN/AN/A0.20.20.0%
Others2.00.92.30.9-23.4%
Total10.414.417.017.118.0%

Top Export Markets for Data Storage Device from Bulgaria in 2022:

  1. Italy (34.8K units)
  2. Greece (20.0K units)
  3. Cyprus (7.9K units)
  4. Turkey (7.2K units)
  5. Denmark (7.1K units)
  6. Czech Republic (5.9K units)
  7. Poland (5.9K units)
  8. United Arab Emirates (4.3K units)
  9. North Macedonia (4.2K units)
  10. Germany (3.6K units)
  11. Austria (3.4K units)
  12. Romania (3.0K units)
  13. Slovenia (3.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the data storage device market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26202100 - Storage units

Country coverage:

  • Bulgaria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bulgaria
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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