Bulgaria: Magnetic Media Market Overview 2020

Magnetic Media Market Size in Bulgaria

The revenue of the magnetic media market in Bulgaria amounted to $X in 2018, dropping by -X% against the previous year. Overall, magnetic media consumption continues to indicate a drastic drop. The pace of growth appeared the most rapid in 2014 when the market value increased by X% year-to-year. Over the period under review, the magnetic media market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Magnetic Media Production in Bulgaria

In value terms, magnetic media production totaled $X in 2018 estimated in export prices. Over the period under review, magnetic media production continues to indicate a drastic drop. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Magnetic media production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Magnetic Media Exports

Exports from Bulgaria

Magnetic media exports from Bulgaria amounted to X tonnes in 2018, rising by X% against the previous year. Over the period under review, magnetic media exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. In that year, magnetic media exports attained their peak of X tonnes. From 2017 to 2018, the growth of magnetic media exports failed to regain its momentum.

In value terms, magnetic media exports amounted to $X in 2018. Over the period under review, magnetic media exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, magnetic media exports reached their maximum at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tonnes) was the main destination for magnetic media exports from Bulgaria, accounting for a X% share of total exports. Moreover, magnetic media exports to Sweden exceeded the volume sent to the second major destination, Finland (X tonnes), threefold. Ireland (X tonnes) 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 Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+X% per year) and Ireland (+X% per year).

In value terms, the UK ($X) remains the key foreign market for magnetic media exports from Bulgaria, comprising X% of total magnetic media exports. The second position in the ranking was occupied by Ireland ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the UK amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+X% per year) and Finland (-X% per year).

Export Prices by Country

In 2018, the average magnetic media export price amounted to $X per tonne, jumping by X% against the previous year. Overall, the magnetic media export price, however, continues to indicate an abrupt descent. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. In that year, the average export prices for magnetic media, not recorded, except cards with a magnetic stripe reached their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the average export prices for magnetic media, not recorded, except cards with a magnetic stripe remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Finland, while the prices for the other major destinations experienced a decline.

Magnetic Media Imports

Imports into Bulgaria

In 2018, approx. X tonnes of magnetic media, not recorded, except cards with a magnetic stripe were imported into Bulgaria; reducing by -X% against the previous year. In general, magnetic media imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, magnetic media imports totaled $X in 2018. Over the period under review, magnetic media imports continue to indicate a drastic reduction. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, magnetic media imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Portugal (X tonnes), China (X tonnes) and the United Arab Emirates (X kg) were the main suppliers of magnetic media imports to Bulgaria, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Portugal (+X% per year), while the other leaders experienced mixed trend patterns.

In value terms, the largest magnetic media suppliers to Bulgaria were Germany ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports.

The Czech Republic recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven-year period, while the other leaders experienced mixed trend patterns.

Import Prices by Country

The average magnetic media import price stood at $X per tonne in 2018, rising by X% against the previous year. Over the period under review, the magnetic media import price continues to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. In that year, the average import prices for magnetic media, not recorded, except cards with a magnetic stripe reached their peak level of $X per tonne. From 2016 to 2018, the growth in terms of the average import prices for magnetic media, not recorded, except cards with a magnetic stripe failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per tonne), while the price for the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform