Latest Report Update: Dec 27, 2019

Bulgaria - Frames And Mountings For Spectacles, Goggles Or The Like - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Bulgaria: Spectacle Frame Market Overview 2020

Spectacle Frame Market Size in Bulgaria

The revenue of the spectacle frame market in Bulgaria amounted to $X in 2018, reducing by -X% against the previous year. Overall, spectacle frame consumption, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2015 when the market value increased by X% year-to-year. In that year, the spectacle frame market reached its peak level of $X. From 2016 to 2018, the growth of the spectacle frame market remained at a lower figure.

Spectacle Frame Production in Bulgaria

In value terms, spectacle frame production stood at $X in 2018 estimated in export prices. Overall, spectacle frame production continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2015 when production volume increased by X% y-o-y. In that year, spectacle frame production attained its peak level of $X. From 2016 to 2018, spectacle frame production growth failed to regain its momentum.

Spectacle Frame Exports

Exports from Bulgaria

In 2018, the amount of frames and mountings for spectacles, goggles or the like exported from Bulgaria totaled X units, surging by X% against the previous year. Overall, spectacle frame exports continue to indicate a strong increase. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. In that year, spectacle frame exports attained their peak of X units. From 2014 to 2018, the growth of spectacle frame exports remained at a somewhat lower figure.

In value terms, spectacle frame exports stood at $X in 2018. In general, spectacle frame exports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

Slovakia (X units) was the main destination for spectacle frame exports from Bulgaria, with a X% share of total exports. Moreover, spectacle frame exports to Slovakia exceeded the volume sent to the second major destination, Macedonia (X units), sevenfold. Romania (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Slovakia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macedonia (+X% per year) and Romania (+X% per year).

In value terms, the largest markets for spectacle frame exported from Bulgaria were Greece ($X), Romania ($X) and Poland ($X), with a combined X% share of total exports.

Romania (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average spectacle frame export price amounted to $X per unit, going up by X% against the previous year. Over the period under review, the spectacle frame export price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for frames and mountings for spectacles, goggles or the like attained their maximum in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Greece ($X per unit), while the average price for exports to Angola ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Greece, while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Frame Imports

Imports into Bulgaria

In 2018, the imports of frames and mountings for spectacles, goggles or the like into Bulgaria totaled X units, going up by X% against the previous year. Overall, spectacle frame imports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, spectacle frame imports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, spectacle frame imports stood at $X in 2018. Overall, the total imports indicated prominent growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, spectacle frame imports increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, spectacle frame imports reached their peak figure in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, China (X units) constituted the largest spectacle frame supplier to Bulgaria, with a X% share of total imports. Moreover, spectacle frame imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), twofold. The third position in this ranking was occupied by Hungary (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Hungary (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of spectacle frame to Bulgaria, comprising X% of total spectacle frame imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and the UK (+X% per year).

Import Prices by Country

In 2018, the average spectacle frame import price amounted to $X per unit, growing by X% against the previous year. Overall, the spectacle frame import price, however, continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. In that year, the average import prices for frames and mountings for spectacles, goggles or the like attained their peak level of $X per unit. From 2012 to 2018, the growth in terms of the average import prices for frames and mountings for spectacles, goggles or the like failed to regain its momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32504350 - Plastic frames and mountings for spectacles, goggles or the like
• Prodcom 32504390 - Non-plastic frames and mountings for spectacles, goggles and the like

This report provides an in-depth analysis of the spectacle frame 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.


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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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