Report Bulgaria - Binoculars - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 11, 2022

Bulgaria - Binoculars - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Binocular Market 2022

Binocular Market Size in Bulgaria

The Bulgarian binocular market surged to $X in 2021, rising by 216% against the previous year. In general, consumption enjoyed buoyant growth. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Binocular Production in Bulgaria

In value terms, binocular production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 464% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Binocular Exports

Exports from Bulgaria

In 2021, approx. X units of binoculars were exported from Bulgaria; picking up by 258% compared with 2020 figures. Over the period under review, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 5,497%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, binocular exports soared to $X in 2021. In general, exports saw significant growth. The pace of growth was the most pronounced in 2014 with an increase of 19,131%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Denmark (X units), Italy (X units) and Austria (X units) were the main destinations of binocular exports from Bulgaria, with a combined 69% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +372.2%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) emerged as the key foreign market for binocular exports from Bulgaria, comprising 59% of total exports. The second position in the ranking was taken by Austria ($X), with a 17% share of total exports. It was followed by Poland, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value to Denmark stood at +335.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+51.3% per year) and Poland (+48.2% per year).

Export Prices by Country

The average binocular export price stood at $X per unit in 2021, almost unchanged from the previous year. In general, the export price recorded slight growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 763% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Poland ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Binocular Imports

Imports into Bulgaria

In 2021, the amount of binoculars imported into Bulgaria surged to X units, jumping by 493% on the previous year's figure. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, binocular imports skyrocketed to $X in 2021. Overall, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest binocular supplier to Bulgaria, with a 83% share of total imports. Moreover, binocular imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +51.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+20.6% per year) and the United States (+39.6% per year).

In value terms, China ($X) constituted the largest supplier of binocular to Bulgaria, comprising 43% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +60.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.0% per year) and the United States (+39.6% per year).

Import Prices by Country

The average binocular import price stood at $X per unit in 2021, which is down by -54.6% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2014 an increase of 68%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for binoculars in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and Russia, with a combined 37% share of global consumption. Pakistan, France, Germany, India, Japan, the UK, Spain, Indonesia, Turkey and Italy lagged somewhat behind, together comprising a further 30%.
What are the largest producers of binoculars in the world?
+
The country with the largest volume of binocular production was China, comprising approx. 67% of total volume. Moreover, binocular production in China exceeded the figures recorded by the second-largest producer, Pakistan, more than tenfold. The third position in this ranking was taken by Russia, with a 4.1% share.
What are the leading suppliers of binoculars to Bulgaria?
+
In value terms, China constituted the largest supplier of binocular to Bulgaria, comprising 43% of total imports. The second position in the ranking was held by Germany, with an 18% share of total imports.
What are the leading importers of binoculars from Bulgaria?
+
In value terms, Denmark emerged as the key foreign market for binocular exports from Bulgaria, comprising 59% of total exports. The second position in the ranking was held by Austria, with a 17% share of total exports. It was followed by Poland, with a 4.7% share.
What is the average export price for binoculars in Bulgaria?
+
In 2021, the average binocular export price amounted to $144 per unit, approximately mirroring the previous year.
What is the average import price for binoculars in Bulgaria?
+
In 2021, the average binocular import price amounted to $7.9 per unit, shrinking by -54.6% against the previous year.

This report provides an in-depth analysis of the binocular 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 26702230 - Binoculars (including night vision binoculars)
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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