Report Update: May 1, 2024

Bulgaria - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends And Insights

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Direction Finding Compass Price in Bulgaria - 2023

Direction Finding Compass Price in Bulgaria (CIF) - 2022

In 2022, the average direction finding compass import price amounted to $4.2 per unit, increasing by 22% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 144% against the previous year. The import price peaked at $14 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($420 per unit), while the price for China ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Direction Finding Compass Price in Bulgaria (FOB) - 2022

The average direction finding compass export price stood at $227 per unit in 2022, increasing by 477% against the previous year. In general, the export price saw a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($5,721 per unit), while the average price for exports to France amounted to $557 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1,373.2%), while the prices for the other major destinations experienced more modest paces of growth.

Direction Finding Compass Imports in Bulgaria

In 2022, imports of direction finding compasses into Bulgaria surged to 22K units, jumping by 31% on 2021 figures. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 239%. As a result, imports attained the peak of 27K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, direction finding compass imports surged to $90K in 2022. Over the period under review, imports saw prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 142%. As a result, imports attained the peak of $159K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Direction Finding Compass in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	0.3	3.7	5.4	37.4	399.6%
India	6.9	N/A	7.7	6.9	0.0%
Germany	12.8	9.3	11.9	1.1	-55.9%
Denmark	N/A	42.1	N/A	0.1	-95.1%
Norway	N/A	45.1	N/A	N/A	0%
Italy	N/A	5.8	N/A	N/A	0%
Turkey	N/A	41.7	N/A	N/A	0%
Others	45.6	11.2	31.4	44.8	-0.6%
Total	65.6	159	56.4	90.2	11.2%

Top Suppliers of Direction Finding Compass to Bulgaria in 2022:

Germany (undefinedK units)
China (2.0K units)
India (0.1K units)

Direction Finding Compass Exports in Bulgaria

In 2022, overseas shipments of direction finding compasses were finally on the rise to reach 227 units after two years of decline. In general, exports, however, continue to indicate a precipitous curtailment. Over the period under review, the exports attained the peak figure at 3.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, direction finding compass exports skyrocketed to $52K in 2022. Over the period under review, exports, however, faced a sharp reduction. Over the period under review, the exports reached the maximum at $233K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Direction Finding Compass in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	N/A	N/A	1.2	47.1	3825.0%
France	N/A	N/A	0.7	1.8	157.1%
Russia	N/A	13.2	N/A	N/A	0%
Austria	233	N/A	N/A	N/A	0%
Others	0.3	N/A	3.4	2.6	105.4%
Total	233	13.3	5.3	51.5	-39.5%

Top Export Markets for Direction Finding Compass from Bulgaria in 2022:

Poland (8.0 units)
France (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the direction finding compass 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 26511120 - Direction finding compasses (including magnetic, gyroscopic, b innacle and position finding)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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