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Latest Report Update: May 28, 2021

Bulgaria - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Bulgaria: Household Sewing Machine Market Overview 2021

Household Sewing Machine Market Size in Bulgaria

The Bulgarian household sewing machine market shrank modestly to $X in 2020, which is down by -X% against the previous year. In general, consumption saw a abrupt decline. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Household sewing machine consumption peaked at $X in 2009; however, from 2010 to 2020, consumption stood at a somewhat lower figure.

Household Sewing Machine Production in Bulgaria

In value terms, household sewing machine production rose sharply to $X in 2020 estimated in export prices. In general, production, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% year-to-year. Household sewing machine production peaked at $X in 2009; however, from 2010 to 2020, production remained at a lower figure.

Household Sewing Machine Exports

Exports from Bulgaria

In 2020, overseas shipments of household sewing machines increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports continue to indicate a prominent expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, household sewing machine exports surged to $X in 2020. Overall, exports saw a resilient expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Greece (X units) was the main destination for household sewing machine exports from Bulgaria, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Greece amounted to +X%.

In value terms, Greece ($X) also remains the key foreign market for household sewing machine exports from Bulgaria.

From 2007 to 2020, the average annual growth rate of value to Greece totaled +X%.

Export Prices by Country

The average household sewing machine export price stood at $X per unit in 2020, therefore, remained relatively stable against the previous year. In general, the export price saw a slight decrease. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. As a result, export price reached the peak level of $X per unit. From 2010 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2007 to 2020, the rate of growth in terms of prices for Greece amounted to +X% per year.

Household Sewing Machine Imports

Imports into Bulgaria

In 2020, purchases abroad of household sewing machines decreased by -X% to X units, falling for the fifth consecutive year after two years of growth. In general, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. As a result, imports attained the peak of X units. From 2012 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, household sewing machine imports surged to $X in 2020. Overall, imports saw a noticeable reduction. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

Imports by Country

Greece (X units), China (X units) and Germany (X units) were the main suppliers of household sewing machine imports to Bulgaria, together comprising X% of total imports. These countries were followed by Poland, Austria and the Czech Republic, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of household sewing machine to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Greece ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-X% per year) and China (-X% per year).

Import Prices by Country

In 2020, the average household sewing machine import price amounted to $X per unit, jumping by X% against the previous year. In general, the import price enjoyed a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per unit), while the price for China ($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 AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for household sewing machines in the world?
+
The countries with the highest volumes of household sewing machine consumption in 2020 were the U.S. (4.8M units), China (4.1M units) and Japan (938K units), with a combined 49% share of global consumption. The UK, the Netherlands, Germany, India, Iran, Belgium, France, Viet Nam and Bangladesh lagged somewhat behind, together accounting for a further 19%.
What are the largest producers of household sewing machines in the world?
+
The countries with the highest volumes of household sewing machine production in 2020 were China (7.9M units), Viet Nam (6.3M units) and Taiwan (Chinese) (2.7M units), together accounting for 78% of global production.
What are the leading suppliers of household sewing machines to Bulgaria?
+
In value terms, Germany ($259K) constituted the largest supplier of household sewing machine to Bulgaria, comprising 37% of total imports. The second position in the ranking was occupied by Greece ($115K), with a 17% share of total imports. It was followed by China, with a 13% share.
What are the leading importers of household sewing machines from Bulgaria?
+
In value terms, Greece ($620K) remains the key foreign market for household sewing machine exports from Bulgaria.
What is the average export price for household sewing machines in Bulgaria?
+
In 2020, the average household sewing machine export price amounted to $171 per unit, approximately reflecting the previous year.
What is the average import price for household sewing machines in Bulgaria?
+
In 2020, the average household sewing machine import price amounted to $273 per unit, growing by 69% against the previous year.

Product coverage:
• Prodcom 28944000 - Domestic sewing machines (excluding furniture, bases and covers)

This report provides an in-depth analysis of the household sewing machine 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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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