Bulgaria: Data Storage Device Market 2024

Data Storage Device Market Size in Bulgaria

In 2022, the Bulgarian data storage device market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Data storage device consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Data Storage Device Exports

Exports from Bulgaria

Data storage device exports from Bulgaria shrank slightly to X units in 2022, with a decrease of X% against the previous year. Overall, exports, however, saw a strong expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, data storage device exports totaled $X in 2022. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X units) was the main destination for data storage device exports from Bulgaria, with a X% share of total exports. Moreover, data storage device exports to Italy exceeded the volume sent to the second major destination, Greece (X units), fourfold. The third position in this ranking was taken by Cyprus (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Cyprus (X% per year).

In value terms, Cyprus ($X) emerged as the key foreign market for data storage devices exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cyprus stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Greece (X% per year).

Export Prices by Country

In 2022, the average data storage device export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Denmark ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Data Storage Device Imports

Imports into Bulgaria

In 2022, the amount of data storage devices imported into Bulgaria shrank notably to X units, waning by X% compared with the previous year's figure. In general, total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, data storage device imports reduced modestly to $X in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X units), the Netherlands (X units) and Taiwan (Chinese) (X units) were the main suppliers of data storage device imports to Bulgaria, together accounting for X% of total imports. The Czech Republic, Romania, Hong Kong SAR, Poland, Italy, China, Greece, Thailand, Latvia and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest data storage device suppliers to Bulgaria were Germany ($X), the Netherlands ($X) and the Czech Republic ($X), with a combined X% share of total imports. Greece, Italy, Taiwan (Chinese), Hungary, Romania, Poland, Hong Kong SAR, China, Thailand and Latvia lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average data storage device import price amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :