Latest Report Update: Dec 20, 2019

Bulgaria - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Microwave Oven Market Overview 2020

Microwave Oven Market Size in Bulgaria

The revenue of the microwave oven market in Bulgaria amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, microwave oven consumption, however, continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the microwave oven market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Microwave Oven Exports

Exports from Bulgaria

In 2018, the amount of microwave ovens exported from Bulgaria totaled X units, jumping by X% against the previous year. Overall, microwave oven exports, however, continue to indicate an abrupt contraction. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. In that year, microwave oven exports reached their peak of X units. From 2010 to 2018, the growth of microwave oven exports remained at a somewhat lower figure.

In value terms, microwave oven exports amounted to $X in 2018. Overall, microwave oven exports, however, continue to indicate a deep decrease. The pace of growth was the most pronounced in 2009 when exports increased by X% y-o-y. In that year, microwave oven exports attained their peak of $X. From 2010 to 2018, the growth of microwave oven exports failed to regain its momentum.

Exports by Country

Greece (X units), Romania (X units) and Macedonia (X units) were the main destinations of microwave oven exports from Bulgaria, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Greece, while the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Romania ($X) and Malta ($X) appeared to be the largest markets for microwave oven exported from Bulgaria worldwide, with a combined X% share of total exports.

Greece recorded the highest growth rate of exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average microwave oven export price stood at $X per unit in 2018, reducing by -X% against the previous year. Overall, the microwave oven export price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, the average export prices for microwave ovens attained their maximum at $X per unit in 2010; however, from 2011 to 2018, export prices 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 Slovakia ($X per unit), while the average price for exports to Hungary ($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 Slovakia, while the prices for the other major destinations experienced more modest paces of growth.

Microwave Oven Imports

Imports into Bulgaria

In 2018, the imports of microwave ovens into Bulgaria totaled X units, rising by X% against the previous year. Over the period under review, microwave oven imports, however, continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, microwave oven imports stood at $X in 2018. Overall, microwave oven imports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X units) constituted the largest supplier of microwave oven to Bulgaria, accounting for a X% share of total imports. Moreover, microwave oven imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), fourfold. The third position in this ranking was occupied by Romania (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Romania (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+X% per year) and Serbia (+X% per year).

Import Prices by Country

In 2018, the average microwave oven import price amounted to $X per unit, waning by -X% against the previous year. Overall, the microwave oven import price continues to indicate a drastic decrease. The pace of growth appeared the most rapid in 2012 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for microwave ovens reached their peak figure at $X per unit in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Serbia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27512700 - Domestic microwave ovens

This report provides an in-depth analysis of the microwave oven 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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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