Bulgaria: Chromatograph Market 2022

Chromatograph Market Size in Bulgaria

The Bulgarian chromatograph market contracted notably to $X in 2021, declining by -X% against the previous year. Over the period under review, consumption, however, continues to indicate a prominent expansion. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Chromatograph Production in Bulgaria

In value terms, chromatograph production plummeted to $X in 2021 estimated in export price. Overall, production, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then plummeted in the following year.

Chromatograph Exports

Exports from Bulgaria

In 2021, approx. X units of chromatographs and electrophoresis instruments were exported from Bulgaria; picking up by X% on the year before. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, chromatograph exports reduced sharply to $X in 2021. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Iran (X units), the United States (X units) and Armenia (X units) were the main destinations of chromatograph exports from Bulgaria, together comprising X% of total exports.

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

In value terms, the United States ($X), Iran ($X) and Armenia ($X) constituted the largest markets for chromatograph exported from Bulgaria worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Armenia, with a CAGR of +X%, recorded 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

The average chromatograph export price stood at $X per unit in 2021, waning by -X% against the previous year. In general, the export price showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to the United States ($X per unit) and Armenia ($X per unit), while the average price for exports to Iran ($X per unit) and Hong Kong SAR ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced a decline.

Chromatograph Imports

Imports into Bulgaria

Chromatograph imports into Bulgaria surged to X units in 2021, growing by X% on 2020. Overall, imports showed tangible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chromatograph imports surged to $X in 2021. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia (X units), China (X units) and Singapore (X units) were the main suppliers of chromatograph imports to Bulgaria, together accounting for X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and the United States ($X) constituted the largest chromatograph suppliers to Bulgaria, with a combined X% share of total imports. These countries were followed by China, Singapore, Russia and Turkey, which together accounted for a further X terms of the main suppliers, Russia, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average chromatograph import price amounted to $X per unit, dropping by -X% against the previous year. Overall, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform