Bulgaria: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Bulgaria

The Bulgarian market for pens, stylos and similar stationery stood at $X in 2022, growing by X% against the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Production of Pens, Stylos And Similar Stationery in Bulgaria

In value terms, pens, stylos and similar stationery production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Pens, stylos and similar stationery production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Exports of Pens, Stylos And Similar Stationery

Exports from Bulgaria

Pens, stylos and similar stationery exports from Bulgaria reduced dramatically to X units in 2022, dropping by X% against the year before. In general, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pens, stylos and similar stationery exports contracted sharply to $X in 2022. Over the period under review, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X units), the UK (X units) and Greece (X units) were the main destinations of pens, stylos and similar stationery exports from Bulgaria, together comprising X% of total exports. The United States, the Czech Republic, Croatia, Iran, Romania and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pens, stylos and similar stationery exported from Bulgaria were Spain ($X), the Czech Republic ($X) and the UK ($X), together accounting for X% of total exports.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for pens, stylos and similar stationery stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then fell modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Iran (less than $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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pens, Stylos And Similar Stationery

Imports into Bulgaria

In 2022, pens, stylos and similar stationery imports into Bulgaria expanded markedly to X units, surging by X% against the year before. In general, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pens, stylos and similar stationery imports surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest pens, stylos and similar stationery supplier to Bulgaria, accounting for a X% share of total imports. Moreover, pens, stylos and similar stationery imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. Italy (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, the largest pens, stylos and similar stationery suppliers to Bulgaria were China ($X), Germany ($X) and France ($X), together comprising X% of total imports.

In terms of the main suppliers, France, with a CAGR of X%, 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

The average import price for pens, stylos and similar stationery stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform

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