Report Update: Apr 1, 2024

Bulgaria - Vacuum Cleaners - 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

Price for Vacuum Cleaner with Motor in Bulgaria - 2023

Price for Vacuum Cleaner with Motor in Bulgaria (CIF) - 2023

In August 2023, the average vacuum cleaner with motor import price amounted to $109 per unit, shrinking by -21.2% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 34% against the previous month. As a result, import price reached the peak level of $159 per unit. From April 2023 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Hong Kong SAR ($232 per unit), while the price for China ($43.2 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 Germany (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vacuum Cleaner with Motor in Bulgaria (FOB) - 2022

The average vacuum cleaner with motor export price stood at $116 per unit in 2022, waning by -32.3% against the previous year. In general, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 86%. Over the period under review, the average export prices reached the maximum at $171 per unit in 2021, and then shrank sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($67 per unit), while the average price for exports to Greece ($9.3 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 (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaner with Motor in Bulgaria

In 2022, supplies from abroad of vacuum cleaners with motor decreased by -3.5% to 418K units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 10%. As a result, imports reached the peak of 453K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, vacuum cleaner with motor imports reduced slightly to $46M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 +70.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of $48M, and then declined in the following year.

Import of Vacuum Cleaner with Motor in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	4.5	8.0	10.7	14.0	46.0%
Slovakia	5.1	6.1	8.3	9.2	21.7%
Germany	3.9	4.6	3.6	6.1	16.1%
China	3.3	5.5	8.4	5.3	17.1%
Hungary	3.1	3.4	4.9	4.2	10.7%
Hong Kong SAR	0.2	0.3	0.6	3.2	152.0%
Czech Republic	1.9	2.8	4.2	2.1	3.4%
Poland	1.6	1.4	1.7	1.2	-9.1%
Others	3.4	3.5	6.1	0.7	-41.0%
Total	27.0	35.6	48.3	46.1	19.5%

Top Suppliers of Vacuum Cleaner with Motor to Bulgaria in 2022:

Slovakia (650.2K units)
Romania (644.9K units)
China (457.8K units)
Germany (444.4K units)
Hungary (155.4K units)
Czech Republic (82.7K units)
Hong Kong SAR (80.2K units)
Poland (47.0K units)

Exports of Vacuum Cleaner with Motor in Bulgaria

In 2022, the amount of vacuum cleaners with motor exported from Bulgaria soared to 30K units, growing by 18% against 2021. The total export volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, vacuum cleaner with motor exports reduced rapidly to $3.4M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 30%. The exports peaked at $4.3M in 2021, and then fell markedly in the following year.

Export of Vacuum Cleaner with Motor in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	1,504	1,995	1,106	1,370	-3.1%
Greece	769	699	905	768	-0.0%
Armenia	28.6	12.8	13.8	545	167.1%
Latvia	N/A	N/A	0.5	348	69500.0%
North Macedonia	22.3	41.0	105	148	87.9%
Iran	N/A	N/A	N/A	132	0%
Poland	20.5	84.6	77.8	101	70.2%
Bosnia and Herzegovina	8.9	13.7	30.8	32.6	54.1%
Others	304	611	2,075	5.0	-74.6%
Total	2,657	3,457	4,314	3,449	9.1%

Top Export Markets for Vacuum Cleaner with Motor from Bulgaria in 2022:

Greece (83.0K units)
Romania (50.6K units)
Armenia (32.3K units)
Iran (6.4K units)
Latvia (5.9K units)
North Macedonia (5.6K units)
Poland (3.8K units)
Bosnia and Herzegovina (3.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for vacuum cleaner with motor 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 27512123 - Vacuum cleaners with a self-contained electric motor of a power . 1 .500 W and having a dust bag or other receptable capacity . .20 l
Prodcom 27512125 - Other vacuum cleaners with a self-contained electric motor

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