Latest Report Update: May 25, 2021

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

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Bulgaria: Washing Machine Market Overview 2021

Webinar: Global Lithium Carbonate Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global lithium carbonate market.

Thursday, September 30th, 2021 @ 10:00 am ET

Register Now

Washing Machine Market Size in Bulgaria

After two years of growth, the Bulgarian washing machine market decreased by -X% to $X in 2020. In general, consumption saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Washing Machine Exports

Exports from Bulgaria

In 2020, overseas shipments of household washing and drying machines decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports, however, posted slight growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Exports peaked at X units in 2019, and then fell significantly in the following year.

In value terms, washing machine exports reduced dramatically to $X in 2020. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

Greece (X units) was the main destination for washing machine exports from Bulgaria, with a X% share of total exports. Moreover, washing machine exports to Greece exceeded the volume sent to the second major destination, Italy (X units), fourfold. Belgium (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Greece totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Belgium (-X% per year).

In value terms, Greece ($X) remains the key foreign market for washing machine exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Greece amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Belgium (-X% per year).

Export Prices by Country

In 2020, the average washing machine export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. Over the period under review, average export prices reached the maximum at $X per unit in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Albania ($X per unit), while the average price for exports to Italy ($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 Romania, while the prices for the other major destinations experienced mixed trend patterns.

Washing Machine Imports

Imports into Bulgaria

In 2020, purchases abroad of household washing and drying machines decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports recorded a perceptible downturn. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2019, and then contracted notably in the following year.

In value terms, washing machine imports reduced remarkably to $X in 2020. In general, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Turkey (X units) constituted the largest supplier of washing machine to Bulgaria, accounting for a X% share of total imports. Moreover, washing machine imports from Turkey exceeded the figures recorded by the second-largest supplier, Romania (X units), twofold. Poland (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Turkey amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+X% per year) and Poland (+X% per year).

In value terms, Turkey ($X), Romania ($X) and Poland ($X) were the largest washing machine suppliers to Bulgaria, with a combined X% share of total imports.

Among the main suppliers, Romania 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 2020, the average washing machine import price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per unit in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Romania, 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 washing and drying machines in the world?
+
China (76M units) remains the largest washing machine consuming country worldwide, accounting for 39% of total volume. Moreover, washing machine consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (10M units), sevenfold. The third position in this ranking was occupied by Brazil (10M units), with a 5.2% share.
What are the largest producers of household washing and drying machines in the world?
+
The country with the largest volume of washing machine production was China (101M units), accounting for 52% of total volume. Moreover, washing machine production in China exceeded the figures recorded by the second-largest producer, Turkey (13M units), eightfold. The third position in this ranking was occupied by Poland (12M units), with a 6.2% share.
What are the leading suppliers of household washing and drying machines to Bulgaria?
+
In value terms, Turkey ($13M), Romania ($8.9M) and Poland ($7.4M) appeared to be the largest washing machine suppliers to Bulgaria, together comprising 58% of total imports.
What are the leading importers of household washing and drying machines from Bulgaria?
+
In value terms, Greece ($2.4M) remains the key foreign market for washing machine exports from Bulgaria, comprising 56% of total exports. The second position in the ranking was occupied by Italy ($511K), with a 12% share of total exports. It was followed by Belgium, with a 8.7% share.
What is the average export price for household washing and drying machines in Bulgaria?
+
The average washing machine export price stood at $225 per unit in 2020, surging by 12% against the previous year.
What is the average import price for household washing and drying machines in Bulgaria?
+
In 2020, the average washing machine import price amounted to $237 per unit, picking up by 20% against the previous year.

Product coverage:
• Prodcom 27511300 - Cloth washing and drying machines, of the household type

This report provides an in-depth analysis of the washing 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

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

Webinar: Global Lithium Carbonate Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global lithium carbonate market.



Thursday, September 30th, 2021 @ 10:00 am ET


Register

Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global anhydrous ammonia market.



Tuesday, June 15th, 2021 @ 10:00 am ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Thursday, July 15th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data