Bulgaria: Mounted Piezo-Electric Crystals Market 2024

Mounted Piezo-Electric Crystals Market Size in Bulgaria

In 2022, the Bulgarian mounted piezo-electric crystals market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption posted a moderate increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Mounted Piezo-Electric Crystals Exports

Exports from Bulgaria

In 2022, the amount of mounted piezo-electric crystals exported from Bulgaria fell significantly to X units, with a decrease of X% against the previous year. In general, exports, however, posted strong growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2021, and then declined markedly in the following year.

In value terms, mounted piezo-electric crystals exports fell significantly to $X in 2022. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then dropped sharply in the following year.

Exports by Country

The United States (X units) was the main destination for mounted piezo-electric crystals exports from Bulgaria, with a X% share of total exports. Moreover, mounted piezo-electric crystals exports to the United States exceeded the volume sent to the second major destination, India (X units), more than tenfold. Serbia (X units) 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 the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Serbia (X% per year).

In value terms, the United States ($X) remains the key foreign market for mounted piezo-electric crystals exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by India ($X), with an X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Slovakia (X% per year).

Export Prices by Country

In 2022, the average mounted piezo-electric crystals export price amounted to $X per unit, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then reduced modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Argentina ($X per unit) was amongst the lowest.

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

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Mounted Piezo-Electric Crystals Imports

Imports into Bulgaria

In 2022, supplies from abroad of mounted piezo-electric crystals increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports showed notable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mounted piezo-electric crystals imports soared to $X in 2022. In general, imports continue to indicate temperate growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

Hong Kong SAR (X units), Germany (X units) and China (X units) were the main suppliers of mounted piezo-electric crystals imports to Bulgaria, with a combined X% share of total imports. France, South Korea, Ukraine, the Czech Republic, Spain, Poland and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of mounted piezo-electric crystals to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and France (X% per year).

Import Prices by Country

The average mounted piezo-electric crystals import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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