Bulgaria: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Bulgaria

The Bulgarian porous-tipped pen market stood at $X in 2022, growing by X% against the previous year. Over the period under review, consumption enjoyed a strong increase. Porous-tipped pen consumption peaked in 2022 and is likely to see gradual growth in years to come.

Porous-Tipped Pen Production in Bulgaria

In value terms, porous-tipped pen production declined to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Porous-tipped pen production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Porous-Tipped Pen Exports

Exports from Bulgaria

In 2022, the amount of porous-tipped pens and markers exported from Bulgaria dropped rapidly to X units, with a decrease of X% compared with 2021. Over the period under review, exports faced a precipitous decline. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, porous-tipped pen exports contracted significantly to $X in 2022. Overall, exports recorded a abrupt decline. The growth pace was the most rapid in 2013 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

The Czech Republic (X units) was the main destination for porous-tipped pen exports from Bulgaria, with a X% share of total exports. Moreover, porous-tipped pen exports to the Czech Republic exceeded the volume sent to the second major destination, Romania (X units), sevenfold. Croatia (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Croatia (X% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for porous-tipped pens and markers exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Romania (X% per year).

Export Prices by Country

In 2022, the average porous-tipped pen export price amounted to $X per unit, rising by X% against the previous year. In general, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum 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 the UK ($X per unit), while the average price for exports to Greece ($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.

Porous-Tipped Pen Imports

Imports into Bulgaria

In 2022, purchases abroad of porous-tipped pens and markers increased by X% to X units, rising for the second year in a row after two years of decline. In general, total imports indicated a strong increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, porous-tipped pen imports soared to $X in 2022. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) was the main porous-tipped pen supplier to Bulgaria, accounting for a X% share of total imports. Moreover, porous-tipped pen imports from China exceeded the figures recorded by the second-largest supplier, Greece (X units), more than tenfold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (X% per year) and Germany (X% per year).

In value terms, the largest porous-tipped pen suppliers to Bulgaria were Germany ($X), China ($X) and the Czech Republic ($X), together accounting for X% of total imports. Italy, Greece and Spain lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Greece, 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

In 2022, the average porous-tipped pen import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, import price indicated a temperate 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, porous-tipped pen import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then shrank slightly in the following year.

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 ($X per unit), while the price for China ($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 Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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