Bulgaria - Timers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTimer Price in Bulgaria - 2023
Contents:
- Timer Price in Bulgaria (CIF) - 2022
- Timer Price in Bulgaria (FOB) - 2022
- Timer Imports in Bulgaria
- Timer Exports in Bulgaria
Timer Price in Bulgaria (CIF) - 2022
In 2022, the average timer import price amounted to $18 per unit, rising by 22% against the previous year. Over the period under review, the import price, however, showed a sharp descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 41%. As a result, import price attained the peak level of $432 per unit. From 2015 to 2022, the average 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 Romania ($45 per unit), while the price for Hong Kong SAR ($7.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-12.9%).
Timer Price in Bulgaria (FOB) - 2022
In 2022, the average timer export price amounted to $58 per unit, declining by -83.7% against the previous year. In general, the export price faced a dramatic contraction. The growth pace was the most rapid in 2015 when the average export price decreased by -4.2%. Over the period under review, the average export prices attained the maximum at $3,023 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($63 per unit), while the average price for exports to Romania stood at $42 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-4.0%).
Timer Imports in Bulgaria
Timer imports into Bulgaria contracted notably to 5.3K units in 2022, declining by -41.8% on the year before. Over the period under review, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 155% against the previous year. As a result, imports attained the peak of 9K units, and then shrank sharply in the following year.
In value terms, timer imports shrank dramatically to $94K in 2022. Overall, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 160% against the previous year. As a result, imports reached the peak of $133K, and then declined markedly in the following year.
Import of Timer in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 55.0 | 48.9 | 117 | 67.1 | 6.9% |
Romania | N/A | N/A | N/A | 3.7 | 0% |
Hong Kong SAR | N/A | N/A | N/A | 0.8 | 0% |
Others | 2.7 | 2.0 | 15.3 | 22.5 | 102.7% |
Total | 57.7 | 51.0 | 133 | 94.1 | 17.7% |
Top Suppliers of Timer to Bulgaria in 2022:
- United States (5.0K units)
- Romania (0.1K units)
- Hong Kong SAR (0.1K units)
Timer Exports in Bulgaria
In 2022, the amount of timers exported from Bulgaria skyrocketed to 13 units, with an increase of 550% on 2021. Over the period under review, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, timer exports stood at $753 in 2022. In general, exports, however, recorded a sharp downturn. Over the period under review, the exports hit record highs at $30K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Export of Timer in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Armenia | N/A | N/A | 0.6 | 0% | |
Romania | N/A | N/A | 0.1 | 0% | |
Uzbekistan | 28.7 | N/A | N/A | 0% | |
North Macedonia | N/A | 0.7 | N/A | 0% | |
Albania | 0.3 | N/A | N/A | 0% | |
Others | 1.2 | N/A | N/A | 0% | |
Total | 30.2 | 0.7 | 0.8 | -83.7% |
Top Export Markets for Timer from Bulgaria in 2022:
- Armenia (10.0 units)
- Romania (3.0 units)
This report provides an in-depth analysis of the timer 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 26522810 - Time-registers and time-recorders
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
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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
This report provides an in-depth analysis of the timer market in Bulgaria.
This report provides an in-depth analysis of the global timer market.
This report provides an in-depth analysis of the timer market in Bulgaria.
This report provides an in-depth analysis of the global timer market.
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