Report Update: Apr 1, 2024

Bulgaria - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Optical Radiation Instruments Price in Bulgaria - 2023

Optical Radiation Instruments Price in Bulgaria (CIF) - 2022

The average optical radiation instruments import price stood at $306 per unit in 2022, increasing by 1.5% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, optical radiation instruments import price increased by +104.6% against 2015 indices. The pace of growth was the most pronounced in 2016 an increase of 42% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($990 per unit), while the price for Portugal ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Optical Radiation Instruments Price in Bulgaria (FOB) - 2022

The average optical radiation instruments export price stood at $558 per unit in 2022, picking up by 6.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 263%. As a result, the export price reached the peak level of $786 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($4,540 per unit), while the average price for exports to the Czech Republic ($86 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 Turkey (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports in Bulgaria

Optical radiation instruments imports into Bulgaria surged to 32K units in 2022, with an increase of 22% against 2021. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 126% against the previous year. As a result, imports attained the peak of 32K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, optical radiation instruments imports skyrocketed to $9.7M in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 133% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Optical Radiation Instruments in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	686	2,445	1,776	3,897	78.4%
Germany	769	1,600	1,771	1,544	26.2%
China	169	1,497	799	781	66.6%
Hong Kong SAR	5.8	43.5	8.0	477	334.9%
France	132	231	274	427	47.9%
Austria	63.2	233	74.5	360	78.6%
United States	559	222	183	332	-15.9%
Poland	192	343	447	314	17.8%
Italy	28.1	291	776	166	80.8%
Finland	37.8	80.8	29.8	164	63.1%
Costa Rica	N/A	N/A	N/A	38.8	0%
Portugal	N/A	N/A	N/A	6.9	0%
United Kingdom	486	345	258	N/A	-27.1%
Others	990	2,260	1,412	1,143	4.9%
Total	4,117	9,592	7,807	9,650	32.8%

Top Suppliers of Optical Radiation Instruments to Bulgaria in 2022:

Germany (6.5K units)
Hong Kong SAR (6.0K units)
Netherlands (3.9K units)
China (3.1K units)
Poland (2.5K units)
France (2.4K units)
Finland (1.0K units)
Austria (0.9K units)
United States (0.8K units)
Portugal (0.6K units)
Costa Rica (0.6K units)
Italy (0.5K units)

Optical Radiation Instruments Exports in Bulgaria

Optical radiation instruments exports from Bulgaria skyrocketed to 8.1K units in 2022, with an increase of 71% against the previous year. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, optical radiation instruments exports soared to $4.5M in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Optical Radiation Instruments in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	349	72.7	285	2,300	87.5%
Serbia	87.1	495	224	867	115.1%
Georgia	396	26.1	143	395	-0.1%
North Macedonia	12.7	201	388	345	200.6%
Greece	N/A	586	333	171	-46.0%
Switzerland	N/A	2.2	14.4	33.5	290.2%
Turkey	N/A	32.8	N/A	17.7	-26.5%
Ecuador	N/A	126	64.9	N/A	-48.5%
Iraq	206	N/A	160	N/A	-11.9%
Qatar	118	N/A	N/A	N/A	0%
Others	94.4	741	868	384	59.6%
Total	1,263	2,283	2,481	4,513	52.9%

Top Export Markets for Optical Radiation Instruments from Bulgaria in 2022:

Turkey (undefinedK units)
Romania (4.3K units)
Serbia (1.8K units)
North Macedonia (0.8K units)
Georgia (0.4K units)
Greece (0.2K units)
Switzerland (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the optical radiation instruments 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 26515350 - Instruments and apparatus using optical radiations, n.e.c.

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