Bulgaria - Network Communications Equipment - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bulgaria - Network Communications Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Network Communications Equipment Price in Bulgaria - 2023

Contents:

  1. Network Communications Equipment Price in Bulgaria (CIF) - 2022
  2. Network Communications Equipment Price in Bulgaria (FOB) - 2022
  3. Network Communications Equipment Imports in Bulgaria
  4. Network Communications Equipment Exports in Bulgaria

Network Communications Equipment Price in Bulgaria (CIF) - 2022

The average network communications equipment import price stood at $89 per unit in 2022, picking up by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The import price peaked at $100 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($495 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 Taiwan (Chinese) (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Network Communications Equipment Price in Bulgaria (FOB) - 2022

In 2022, the average network communications equipment export price amounted to $96 per unit, rising by 43% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 50%. Over the period under review, the average export prices reached the peak figure at $104 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Germany ($237 per unit), while the average price for exports to Denmark ($18 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 (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Network Communications Equipment Imports in Bulgaria

In 2022, purchases abroad of network communications equipment decreased by -16.5% to 361K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 108% against the previous year. As a result, imports attained the peak of 432K units, and then fell significantly in the following year.

In value terms, network communications equipment imports stood at $32M in 2022. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 66% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Network Communications Equipment in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.27.110.38.618.3%
Germany1.53.75.55.150.4%
ItalyN/AN/A0.14.84700.0%
Hong Kong SAR0.80.83.72.240.1%
China0.50.51.51.853.3%
Hungary0.60.71.31.535.7%
Czech Republic1.11.72.01.22.9%
Poland0.40.61.00.826.0%
Others3.03.55.56.026.0%
Total13.018.630.832.135.2%

Top Suppliers of Network Communications Equipment to Bulgaria in 2022:

  1. Germany (128.6K units)
  2. China (95.8K units)
  3. Netherlands (33.8K units)
  4. Czech Republic (29.1K units)
  5. Hong Kong SAR (24.0K units)
  6. Italy (9.7K units)
  7. Hungary (8.6K units)
  8. Poland (5.5K units)

Network Communications Equipment Exports in Bulgaria

After three years of growth, overseas shipments of network communications equipment decreased by -5.3% to 81K units in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 114%. The exports peaked at 85K units in 2021, and then fell in the following year.

In value terms, network communications equipment exports skyrocketed to $7.7M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 93% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Network Communications Equipment in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3985704691,17843.6%
Czech Republic58.887.514.3963154.0%
Poland20014216980559.1%
Netherlands73.9651717722113.8%
Germany729365520497-12.0%
Denmark2537091,01735111.5%
Greece4362,035595323-9.5%
Serbia22.357.197.3222115.1%
United Kingdom442790325N/A-14.3%
Others9101,3801,8032,68643.4%
Total3,5226,7875,7277,74630.0%

Top Export Markets for Network Communications Equipment from Bulgaria in 2022:

  1. Denmark (19.0K units)
  2. Netherlands (16.8K units)
  3. Poland (9.4K units)
  4. Czech Republic (8.0K units)
  5. Greece (5.7K units)
  6. United States (5.5K units)
  7. Serbia (3.4K units)
  8. Germany (2.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the network communications equipment 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 26122000 - Network communications equipment (e.g. hubs, routers, g ateways) for LANs and WANs and sound, video, network and similar cards for automatic data processing machines

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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