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Bulgaria - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Electrical Insulating Fittings Market Overview 2021

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Electrical Insulating Fittings Market Size in Bulgaria

In 2020, the Bulgarian electrical insulating fittings market decreased by -X% to $X, falling for the third consecutive year after three years of growth. In general, consumption, however, showed strong growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Electrical insulating fittings consumption peaked at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Electrical Insulating Fittings Production in Bulgaria

In value terms, electrical insulating fittings production reduced to $X in 2020 estimated in export prices. In general, production saw a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Electrical Insulating Fittings Exports

Exports from Bulgaria

In 2020, overseas shipments of electrical insulating fittings of plastics decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, exports attained the peak of X units. From 2016 to 2020, the growth exports failed to regain the momentum.

In value terms, electrical insulating fittings exports shrank sharply to $X in 2020. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

France (X units), Germany (X units) and Poland (X units) were the main destinations of electrical insulating fittings exports from Bulgaria, together accounting for X% of total exports. Hungary, the Netherlands, South Africa and Italy lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in the Netherlands (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Hungary ($X) and South Africa ($X) were the largest markets for electrical insulating fittings exported from Bulgaria worldwide, with a combined X% share of total exports. These countries were followed by Poland, Germany, Italy and the Netherlands, which together accounted for a further X Netherlands (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average electrical insulating fittings export price amounted to $X per unit, jumping by X% against the previous year. In general, the export price, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was South Africa ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced mixed trend patterns.

Electrical Insulating Fittings Imports

Imports into Bulgaria

In 2020, supplies from abroad of electrical insulating fittings of plastics decreased by -X% to X units, falling for the third consecutive year after three years of growth. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at X units in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, electrical insulating fittings imports declined rapidly to $X in 2020. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

Belgium (X units), Germany (X units) and the Czech Republic (X units) were the main suppliers of electrical insulating fittings imports to Bulgaria, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Belgium (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electrical insulating fittings to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

The average electrical insulating fittings import price stood at $X per unit in 2020, rising by X% against the previous year. Over the period under review, import price indicated a notable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, electrical insulating fittings import price increased by +X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulating fittings of plastics in the world?
+
The countries with the highest volumes of electrical insulating fittings consumption in 2020 were China (79M units), the U.S. (46M units) and India (29M units), together comprising 44% of global consumption. These countries were followed by Japan, Germany, the Czech Republic, Nigeria, Mexico, Morocco, France, South Korea, Romania and Italy, which together accounted for a further 27%.
What are the largest producers of electrical insulating fittings of plastics in the world?
+
The countries with the highest volumes of electrical insulating fittings production in 2020 were China (76M units), the U.S. (45M units) and Germany (32M units), together comprising 47% of global production. These countries were followed by Japan, India, South Korea, Nigeria, Austria, France, Italy and Hungary, which together accounted for a further 33%.
What are the leading suppliers of electrical insulating fittings of plastics to Bulgaria?
+
In value terms, Germany ($17M) constituted the largest supplier of electrical insulating fittings to Bulgaria, comprising 50% of total imports. The second position in the ranking was occupied by Belgium ($6.7M), with a 20% share of total imports. It was followed by the Czech Republic, with a 17% share.
What are the leading importers of electrical insulating fittings of plastics from Bulgaria?
+
In value terms, the largest markets for electrical insulating fittings exported from Bulgaria were France ($313K), Hungary ($189K) and South Africa ($150K), with a combined 57% share of total exports. These countries were followed by Poland, Germany, Italy and the Netherlands, which together accounted for a further 25%.
What is the average export price for electrical insulating fittings of plastics in Bulgaria?
+
In 2020, the average electrical insulating fittings export price amounted to $54 per unit, growing by 51% against the previous year.
What is the average import price for electrical insulating fittings of plastics in Bulgaria?
+
The average electrical insulating fittings import price stood at $30 per unit in 2020, growing by 20% against the previous year.

Product coverage:
• Prodcom 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

This report provides an in-depth analysis of the electrical insulating fittings 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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