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Bulgaria - Primary Cells And Primary Batteries - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Battery Market Overview 2021

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Battery Market Size in Bulgaria

The Bulgarian battery market surged to $X in 2020, with an increase of 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). Overall, consumption saw a notable increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2019 to 2020, the growth of the market remained at a lower figure.

Battery Exports

Exports from Bulgaria

In 2020, shipments abroad of primary cells and primary batteries increased by X% to X units, rising for the fourth year in a row after four years of decline. In general, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X units in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, battery exports surged to $X in 2020. Over the period under review, exports enjoyed resilient growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X units) was the main destination for battery exports from Bulgaria, accounting for a X% share of total exports. Moreover, battery exports to Italy exceeded the volume sent to the second major destination, Romania (X units), sixfold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Italy totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Germany (+X% per year).

In value terms, Italy ($X) remains the key foreign market for battery exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Italy totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Greece (+X% per year).

Export Prices by Country

In 2020, the average battery export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price posted a pronounced increase. The growth pace was the most rapid in 2013 an increase of X% y-o-y. The export price peaked at $X per unit in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Italy ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Battery Imports

Imports into Bulgaria

Battery imports into Bulgaria soared to X units in 2020, jumping by X% on the previous year's figure. Over the period under review, imports showed a tangible expansion. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. As a result, imports attained the peak of X units. From 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, battery imports surged to $X in 2020. Overall, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports hit record highs in 2020 and are likely to continue growth in the near future.

Imports by Country

Greece (X units), Germany (X units) and Belgium (X units) were the main suppliers of battery imports to Bulgaria, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Germany, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest battery suppliers to Bulgaria were Belgium ($X), Germany ($X) and Italy ($X), with a combined X% share of total imports.

Among the main suppliers, Italy recorded 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 battery import price stood at $X per unit in 2020, surging by X% against the previous year. Over the period under review, import price indicated noticeable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, battery import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Poland ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for primary cells and primary batteries in the world?
+
The countries with the highest volumes of battery consumption in 2020 were India (16B units), China (12B units) and Japan (6.3B units), with a combined 47% share of global consumption. The U.S., Spain, Indonesia, Germany, Mozambique, the UK, Thailand, Mexico and Brazil lagged somewhat behind, together accounting for a further 28%.
What are the largest producers of primary cells and primary batteries in the world?
+
China (44B units) remains the largest battery producing country worldwide, comprising approx. 48% of total volume. Moreover, battery production in China exceeded the figures recorded by the second-largest producer, India (16B units), threefold. Japan (5.5B units) ranked third in terms of total production with a 6.1% share.
What are the leading suppliers of primary cells and primary batteries to Bulgaria?
+
In value terms, Belgium ($3M), Germany ($2.7M) and Italy ($2.5M) constituted the largest battery suppliers to Bulgaria, together comprising 43% of total imports.
What are the leading importers of primary cells and primary batteries from Bulgaria?
+
In value terms, Italy ($3.7M) remains the key foreign market for battery exports from Bulgaria, comprising 86% of total exports. The second position in the ranking was occupied by Germany ($289K), with a 6.7% share of total exports. It was followed by Greece, with a 1.4% share.
What is the average export price for primary cells and primary batteries in Bulgaria?
+
In 2020, the average battery export price amounted to $0.9 per unit, jumping by 19% against the previous year.
What is the average import price for primary cells and primary batteries in Bulgaria?
+
In 2020, the average battery import price amounted to $0.4 per unit, increasing by 9.5% against the previous year.

Product coverage:
• Prodcom 27201100 - Primary cells and primary batteries

This report provides an in-depth analysis of the battery 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 2025.


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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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