Bulgaria - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMeasuring Instrument Price in Bulgaria - 2023
Contents:
- Measuring Instrument Price in Bulgaria (CIF) - 2023
- Measuring Instrument Price in Bulgaria (FOB) - 2023
- Measuring Instrument Imports in Bulgaria
- Measuring Instrument Exports in Bulgaria
Measuring Instrument Price in Bulgaria (CIF) - 2023
The average measuring instrument import price stood at $35.6 per unit in June 2023, which is down by -9.4% against the previous month. Over the period under review, import price indicated a slight expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, measuring instrument import price increased by +8.1% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 70% m-o-m. As a result, import price attained the peak level of $59.8 per unit. From February 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($137 per unit), while the price for Italy ($7.8 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Measuring Instrument Price in Bulgaria (FOB) - 2023
In June 2023, the average measuring instrument export price amounted to $20.2 per unit, growing by 13% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 32% month-to-month. The export price peaked at $31.8 per unit in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Ukraine ($48.9 per unit), while the average price for exports to Italy ($4.1 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+13.5%), while the prices for the other major destinations experienced mixed trend patterns.
Measuring Instrument Imports in Bulgaria
In 2022, approx. 229K units of instruments and apparatus for measuring or checking the flow or level of liquids were imported into Bulgaria; growing by 39% against the previous year's figure. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 42%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, measuring instrument imports expanded significantly to $6M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 12%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Measuring Instrument in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,485 | 1,745 | 2,444 | 3,012 | 26.6% |
| Italy | 180 | 504 | 341 | 431 | 33.8% |
| China | 119 | 178 | 288 | 363 | 45.0% |
| United States | 551 | 552 | 249 | 335 | -15.3% |
| Turkey | 104 | 153 | 165 | 207 | 25.8% |
| Poland | 40.9 | 86.3 | 121 | 171 | 61.1% |
| Belgium | 25.0 | 20.2 | 36.2 | 60.6 | 34.3% |
| Hong Kong SAR | 14.0 | 33.2 | 42.0 | 47.4 | 50.2% |
| Others | 2,464 | 2,320 | 1,950 | 1,336 | -18.5% |
| Total | 4,984 | 5,591 | 5,636 | 5,964 | 6.2% |
Top Suppliers of Measuring Instrument to Bulgaria in 2022:
- Germany (98.9K units)
- China (80.2K units)
- Italy (13.7K units)
- Poland (7.2K units)
- Turkey (6.5K units)
- Hong Kong SAR (5.2K units)
- Belgium (4.3K units)
- United States (2.0K units)
Measuring Instrument Exports in Bulgaria
In 2022, overseas shipments of instruments and apparatus for measuring or checking the flow or level of liquids decreased by -2.4% to 1.6M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +12.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. Over the period under review, the exports attained the peak figure at 1.6M units in 2021, and then fell in the following year.
In value terms, measuring instrument exports skyrocketed to $5.8M in 2022. Over the period under review, exports, however, recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Measuring Instrument in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,523 | 1,660 | 3,017 | 4,228 | 40.5% |
| United States | 32.5 | 25.9 | 43.1 | 483 | 145.9% |
| Uzbekistan | 25.7 | 12.5 | 377 | 132 | 72.5% |
| Georgia | 293 | 156 | 23.8 | 63.6 | -39.9% |
| Serbia | 39.9 | 40.8 | 9.8 | 44.5 | 3.7% |
| Austria | N/A | 0.3 | 0.6 | 22.3 | 762.2% |
| Singapore | 90.7 | 33.1 | 0.6 | 5.3 | -61.2% |
| Others | 397 | 1,026 | 580 | 827 | 27.7% |
| Total | 2,401 | 2,955 | 4,052 | 5,806 | 34.2% |
Top Export Markets for Measuring Instrument from Bulgaria in 2022:
- Germany (1136.4K units)
- United States (169.6K units)
- Serbia (36.2K units)
- Uzbekistan (35.6K units)
- Austria (24.1K units)
- Georgia (6.3K units)
- Singapore (0.3K units)
This report provides an in-depth analysis of the measuring instrument 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 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
- Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
- Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
- Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids
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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