Bulgaria - Seats For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVehicle Seat Price in Bulgaria - 2023
Contents:
- Vehicle Seat Price in Bulgaria (FOB) - 2023
- Vehicle Seat Price in Bulgaria (CIF) - 2022
- Vehicle Seat Exports in Bulgaria
- Vehicle Seat Imports in Bulgaria
Vehicle Seat Price in Bulgaria (FOB) - 2023
In July 2023, the average vehicle seat export price amounted to $112 per unit, waning by -4.2% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 29% against the previous month. As a result, the export price attained the peak level of $123 per unit. From May 2023 to July 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the countries with the highest prices were Spain ($134 per unit) and the United States ($128 per unit), while the average price for exports to the Czech Republic ($92.1 per unit) and Germany ($126 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Vehicle Seat Price in Bulgaria (CIF) - 2022
In 2022, the average vehicle seat import price amounted to $107 per unit, falling by -29% against the previous year. In general, the import price recorded a abrupt descent. The growth pace was the most rapid in 2016 an increase of 25% against the previous year. The import price peaked at $312 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($106 per unit) and the Netherlands ($106 per unit), while the price for Romania ($103 per unit) and Turkey ($105 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-4.3%), while the prices for the other major suppliers experienced a decline.
Vehicle Seat Exports in Bulgaria
In 2022, approx. 32K units of seats for motor vehicles were exported from Bulgaria; falling by -5.9% on the year before. Over the period under review, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 142% against the previous year. As a result, the exports reached the peak of 34K units, and then dropped in the following year.
In value terms, vehicle seat exports contracted to $3.6M in 2022. In general, exports faced a sharp decline. The growth pace was the most rapid in 2021 when exports increased by 45%. The exports peaked at $8.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Vehicle Seat in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,122 | 1,543 | 1,997 | 2,063 | -0.9% |
| Romania | 726 | 522 | 802 | 558 | -8.4% |
| United States | 220 | 141 | 164 | 294 | 10.1% |
| Italy | 101 | 124 | 195 | 147 | 13.3% |
| Belgium | 86.7 | 45.5 | 47.8 | 112 | 8.9% |
| Czech Republic | 1.0 | 2.6 | 0.8 | 70.6 | 313.3% |
| Greece | 20.4 | 21.3 | 82.4 | 62.3 | 45.1% |
| Spain | 50.8 | 49.9 | 70.2 | 58.8 | 5.0% |
| Poland | 644 | N/A | N/A | 2.5 | -84.3% |
| United Kingdom | 4,278 | N/A | N/A | N/A | 0% |
| Others | 256 | 180 | 452 | 183 | -10.6% |
| Total | 8,508 | 2,629 | 3,811 | 3,551 | -25.3% |
Top Export Markets for Vehicle Seat from Bulgaria in 2022:
- Poland (undefinedK units)
- Germany (18.6K units)
- Romania (5.0K units)
- United States (2.6K units)
- Italy (1.3K units)
- Belgium (1.1K units)
- Czech Republic (0.6K units)
- Greece (0.6K units)
- Spain (0.5K units)
Vehicle Seat Imports in Bulgaria
In 2022, approx. 8.8K units of seats for motor vehicles were imported into Bulgaria; rising by 43% against the previous year. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, vehicle seat imports reached $937K in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 10% 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 Vehicle Seat in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 406 | 244 | 304 | 226 | -17.7% |
| Romania | 35.7 | 93.7 | 188 | 133 | 55.0% |
| Netherlands | 28.4 | 34.4 | 47.7 | 132 | 66.9% |
| Germany | 60.8 | 40.6 | 71.3 | 120 | 25.4% |
| Poland | 26.6 | 39.4 | 32.1 | 75.9 | 41.8% |
| China | 79.2 | 112 | 66.9 | 61.1 | -8.3% |
| Greece | 1.1 | 2.7 | 79.3 | 56.2 | 271.1% |
| Italy | 18.7 | 208 | 48.9 | 36.3 | 24.7% |
| Belarus | 50.9 | 11.2 | 18.6 | 14.9 | -33.6% |
| Others | 77.2 | 54.6 | 69.2 | 81.8 | 1.9% |
| Total | 785 | 841 | 926 | 937 | 6.1% |
Top Suppliers of Vehicle Seat to Bulgaria in 2022:
- Turkey (2149.0 units)
- Romania (1297.0 units)
- Netherlands (1250.0 units)
- Germany (1141.0 units)
- Poland (718.0 units)
- China (580.0 units)
- Greece (535.0 units)
- Italy (345.0 units)
- Belarus (141.0 units)
This report provides an in-depth analysis of the vehicle seat 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 29321000 - Seats for motor vehicles
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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