Bulgaria - Fire Extinguishers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFire Extinguisher Price in Bulgaria - 2023
Contents:
- Fire Extinguisher Price in Bulgaria (CIF) - 2023
- Fire Extinguisher Price in Bulgaria (FOB) - 2022
- Fire Extinguisher Imports in Bulgaria
- Fire Extinguisher Exports in Bulgaria
Fire Extinguisher Price in Bulgaria (CIF) - 2023
The average fire extinguisher import price stood at $13.4 per unit in August 2023, declining by -41.9% against the previous month. Overall, the import price continues to indicate a slight decrease. The pace of growth was the most pronounced in November 2022 when the average import price increased by 291% m-o-m. As a result, import price reached the peak level of $56.6 per unit. From December 2022 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($52.2 per unit), while the price for China ($12.4 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 Greece (-1.3%), while the prices for the other major suppliers experienced a decline.
Fire Extinguisher Price in Bulgaria (FOB) - 2022
In 2022, the average fire extinguisher export price amounted to $39 per unit, declining by -52.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 134%. As a result, the export price reached the peak level of $82 per unit, and then reduced rapidly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($41 per unit), while the average price for exports to Italy ($12 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 Georgia (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Fire Extinguisher Imports in Bulgaria
In 2022, imports of fire extinguishers into Bulgaria dropped to 174K units, declining by -8% against 2021 figures. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 189K units, and then reduced in the following year.
In value terms, fire extinguisher imports rose slightly to $3M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Fire Extinguisher in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,411 | 1,284 | 1,997 | 2,303 | 17.7% |
| Italy | 252 | 263 | 212 | 192 | -8.7% |
| Greece | 225 | 174 | 165 | 143 | -14.0% |
| Poland | 39.7 | 56.1 | 164 | 72.9 | 22.5% |
| Others | 268 | 210 | 426 | 306 | 4.5% |
| Total | 2,196 | 1,987 | 2,964 | 3,016 | 11.2% |
Top Suppliers of Fire Extinguisher to Bulgaria in 2022:
- China (160.5K units)
- Italy (6.8K units)
- Greece (6.1K units)
- Poland (3.3K units)
Fire Extinguisher Exports in Bulgaria
Fire extinguisher exports from Bulgaria shrank to 8.2K units in 2022, waning by -7.5% against the previous year. Over the period under review, exports showed a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of 8.9K units, and then contracted in the following year.
In value terms, fire extinguisher exports dropped remarkably to $321K in 2022. Overall, exports, however, posted a slight expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 176% against the previous year. As a result, the exports attained the peak of $731K, and then dropped rapidly in the following year.
| Export of Fire Extinguisher in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 70.7 | 81.0 | 112 | 122 | 19.9% |
| Serbia | 28.2 | 35.9 | 12.2 | 88.6 | 46.5% |
| Iran | 102 | 2.0 | 301 | 30.2 | -33.3% |
| Bosnia and Herzegovina | 6.8 | 6.2 | 9.4 | 8.6 | 8.1% |
| Georgia | 55.9 | 11.1 | 52.0 | 5.2 | -54.7% |
| Italy | N/A | N/A | N/A | 2.1 | 0% |
| North Macedonia | 18.3 | 26.9 | 7.8 | 0.2 | -77.8% |
| Belgium | 18.3 | 68.3 | N/A | N/A | 273.2% |
| Others | 4.2 | 34.0 | 236 | 64.0 | 147.9% |
| Total | 304 | 265 | 731 | 321 | 1.8% |
Top Export Markets for Fire Extinguisher from Bulgaria in 2022:
- North Macedonia (undefinedK units)
- Greece (3.5K units)
- Serbia (2.4K units)
- Iran (0.9K units)
- Georgia (0.2K units)
- Bosnia and Herzegovina (0.2K units)
- Italy (0.2K units)
This report provides an in-depth analysis of the fire extinguisher 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 28292210 - Fire extinguishers
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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