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Bulgaria - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Refrigerator And Freezer Market Overview 2020

Refrigerator And Freezer Market Size in Bulgaria

The revenue of the refrigerator and freezer market in Bulgaria amounted to $X in 2018, rising by X% against the previous year. In general, refrigerator and freezer consumption, however, continues to indicate a significant curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the refrigerator and freezer market reached its peak figure level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Refrigerator And Freezer Production in Bulgaria

In value terms, refrigerator and freezer production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when production volume increased by X% year-to-year. Over the period under review, refrigerator and freezer production reached its peak figure level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Refrigerator And Freezer Exports

Exports from Bulgaria

In 2018, approx. X tonnes of refrigerators and freezers were exported from Bulgaria; going down by -X% against the previous year. In general, the total exports indicated a prominent increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, refrigerator and freezer exports attained their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, refrigerator and freezer exports totaled $X in 2018. Over the period under review, the total exports indicated a strong expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, refrigerator and freezer exports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2008 when exports increased by X% year-to-year. Exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Germany (X tonnes) was the main destination for refrigerator and freezer exports from Bulgaria, accounting for a X% share of total exports. Moreover, refrigerator and freezer exports to Germany exceeded the volume sent to the second major destination, France (X tonnes), twofold. The third position in this ranking was occupied by Russia (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Russia (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Russia (+X% per year).

Export Prices by Country

The average refrigerator and freezer export price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period under review, the refrigerator and freezer export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for refrigerators and freezers reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for refrigerators and freezers remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2018, the countries with the highest prices were Greece ($X per tonne) and Germany ($X per tonne), while the average price for exports to Spain ($X per tonne) and France ($X per tonne) were amongst the lowest.

From 2007 to 2018, 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.

Refrigerator And Freezer Imports

Imports into Bulgaria

In 2018, approx. X tonnes of refrigerators and freezers were imported into Bulgaria; going up by X% against the previous year. Overall, refrigerator and freezer imports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, refrigerator and freezer imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, refrigerator and freezer imports totaled $X in 2018. Overall, refrigerator and freezer imports, however, continue to indicate a deep deduction. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

Turkey (X tonnes), Romania (X tonnes) and China (X tonnes) were the main suppliers of refrigerator and freezer imports to Bulgaria, with a combined X% share of total imports. Poland, Germany, Serbia and Hungary lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Serbia, while the other leaders experienced more modest paces of growth.

In value terms, the largest refrigerator and freezer suppliers to Bulgaria were Romania ($X), Turkey ($X) and China ($X), together comprising X% of total imports. These countries were followed by Poland, Hungary, Germany and Serbia, which together accounted for a further X experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average refrigerator and freezer import price stood at $X per tonne in 2018, going up by X% against the previous year. In general, the refrigerator and freezer import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. The import price peaked at $X per tonne in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

Average prices varied somewhat amongst the major supplying countries. In 2018, the countries with the highest prices were Hungary ($X per tonne) and Romania ($X per tonne), while the price for China ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27511110 - Combined refrigerators-freezers, with separate external doors
• Prodcom 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
• Prodcom 27511135 - Compression-type built-in refrigerators
• Prodcom 27511150 - Chest freezers of a capacity . .800 litres
• Prodcom 27511170 - Upright freezers of a capacity . .900 litres

This report provides an in-depth analysis of the refrigerator and freezer 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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