Bulgaria: Market for Insulated electric conductors for a voltage over 1000 V 2024

Market Size for Insulated electric conductors for a voltage over 1000 V in Bulgaria

The Bulgarian market for insulated electric conductors for a voltage over X v totaled $X in 2022, growing by X% against the previous year. In general, consumption continues to indicate a pronounced decrease. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Insulated electric conductors for a voltage over X V in Bulgaria

In value terms, production of insulated electric conductors for a voltage over X v amounted to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced reduction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth failed to regain momentum.

Exports of Insulated electric conductors for a voltage over 1000 V

Exports from Bulgaria

Exports of insulated electric conductors for a voltage over X v from Bulgaria expanded significantly to X tons in 2022, surging by X% on 2021 figures. In general, total exports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of insulated electric conductors for a voltage over X v soared to $X in 2022. Overall, exports showed a noticeable expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Austria (X tons) was the main destination for exports of insulated electric conductors for a voltage over X v from Bulgaria, with a X% share of total exports. Moreover, exports of insulated electric conductors for a voltage over X v to Austria exceeded the volume sent to the second major destination, North Macedonia (X tons), threefold. Iran (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Iran (X% per year).

In value terms, Austria ($X) remains the key foreign market for insulated electric conductors for a voltage over X v exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports. It was followed by North Macedonia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (X% per year) and North Macedonia (X% per year).

Export Prices by Country

The average export price for insulated electric conductors for a voltage over X v stood at $X per ton in 2022, surging by X% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for insulated electric conductors for a voltage over X v increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Insulated electric conductors for a voltage over 1000 V

Imports into Bulgaria

In 2022, the amount of insulated electric conductors for a voltage over X v imported into Bulgaria surged to X tons, picking up by X% compared with 2021. Overall, imports saw a notable expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of insulated electric conductors for a voltage over X v surged to $X in 2022. In general, imports showed a slight increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) constituted the largest insulated electric conductors for a voltage over X v supplier to Bulgaria, accounting for a X% share of total imports. Moreover, imports of insulated electric conductors for a voltage over X v from Turkey exceeded the figures recorded by the second-largest supplier, Romania (X tons), twofold. Germany (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms 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 Germany (X% per year).

In value terms, the largest insulated electric conductors for a voltage over X v suppliers to Bulgaria were Turkey ($X), Germany ($X) and Romania ($X), together comprising X% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded 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 2022, the average import price for insulated electric conductors for a voltage over X v amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :