Bulgaria: Market for Cabinets And Cases For Transmission And Reception Apparatus 2022

Market Size for Cabinets And Cases For Transmission And Reception Apparatus in Bulgaria

For the sixth year in a row, the Bulgarian receivers and transmitters case market recorded decline in sales value, which decreased by -0.4% to $X in 2021. Over the period under review, consumption, however, showed a deep setback. Receivers and transmitters case consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Cabinets And Cases For Transmission And Reception Apparatus in Bulgaria

In value terms, receivers and transmitters case production reduced rapidly to $X in 2021 estimated in export price. Over the period under review, production posted a buoyant expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by 786% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Cabinets And Cases For Transmission And Reception Apparatus

Exports from Bulgaria

In 2021, receivers and transmitters case exports from Bulgaria soared to X units, with an increase of 65% on 2020. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by 80% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, receivers and transmitters case exports surged to $X in 2021. Overall, exports saw resilient growth. The growth pace was the most rapid in 2017 with an increase of 56%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Sweden (X units) was the main destination for receivers and transmitters case exports from Bulgaria, accounting for a 61% share of total exports. Moreover, receivers and transmitters case exports to Sweden exceeded the volume sent to the second major destination, the Netherlands (X units), fivefold. Austria (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden amounted to +14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+25.2% per year) and Austria (+182.3% per year).

In value terms, the largest markets for receivers and transmitters case exported from Bulgaria were Sweden ($X), the Netherlands ($X) and Austria ($X), together comprising 68% of total exports. These countries were followed by Poland, Hong Kong SAR, Italy, France and Germany, which together accounted for a further 15%.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of +167.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average receivers and transmitters case export price amounted to $X per unit, which is down by -15.5% against the previous year. Over the period under review, the export price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 37%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to Hong Kong SAR ($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 Sweden (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of Cabinets And Cases For Transmission And Reception Apparatus

Imports into Bulgaria

In 2021, approx. X units of cabinets and cases for transmission and reception apparatus were imported into Bulgaria; jumping by 48% on the previous year's figure. Overall, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 114% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, receivers and transmitters case imports surged to $X in 2021. Over the period under review, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Taiwan (Chinese) (X units), Greece (X units) and China (X units) were the main suppliers of receivers and transmitters case imports to Bulgaria, with a combined 54% share of total imports. These countries were followed by Hungary, the UK, the Netherlands, Sweden, Poland, Slovakia, Germany and Hong Kong SAR, which together accounted for a further 41%.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +65.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X) constituted the largest supplier of receivers and transmitters case to Bulgaria, comprising 32% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by the UK, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from Greece totaled +63.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+36.9% per year) and the UK (-0.5% per year).

Import Prices by Country

In 2021, the average receivers and transmitters case import price amounted to $X per unit, jumping by 43% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. The import price peaked at $X per unit in 2012; however, from 2013 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 Germany ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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