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Bulgaria - Syringes, With Or Without Needles - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Bulgaria: Syringe Market Overview 2021

Syringe Market Size in Bulgaria

In 2020, the Bulgarian syringe market increased by X% to $X, rising for the fourth year in a row after three years of decline. Over the period under review, the total consumption indicated a temperate expansion from 2007 to 2020: its value 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, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level in 2020 and is likely to see steady growth in years to come.

Syringe Production in Bulgaria

In value terms, syringe production soared to $X in 2020 estimated in export prices. In general, the total production indicated a perceptible expansion from 2007 to 2020: its value decreased 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, production increased by +X% against 2015 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Syringe Exports

Exports from Bulgaria

In 2020, exports of syringes, with or without needles from Bulgaria contracted markedly to X units, reducing by -X% on 2019 figures. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X units in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, syringe exports fell modestly to $X in 2020. Over the period under review, exports recorded a pronounced decrease. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Greece (X units) was the main destination for syringe exports from Bulgaria, accounting for a X% share of total exports. Moreover, syringe exports to Greece exceeded the volume sent to the second major destination, Moldova (X units), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Greece was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (-X% per year) and Germany (-X% per year).

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

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

Export Prices by Country

In 2020, the average syringe export price amounted to $X per unit, jumping by X% against the previous year. Overall, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per unit), while the average price for exports to Moldova ($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 more modest paces of growth.

Syringe Imports

Imports into Bulgaria

In 2020, supplies from abroad of syringes, with or without needles decreased by -X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a notable expansion. The pace of growth was the most pronounced in 2009 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2010 to 2020, the growth imports failed to regain the momentum.

In value terms, syringe imports dropped sharply to $X in 2020. In general, total imports indicated a notable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest syringe supplier to Bulgaria, accounting for a X% share of total imports. Moreover, syringe imports from China exceeded the figures recorded by the second-largest supplier, Slovakia (X units), fourfold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+X% per year) and Germany (-X% per year).

In value terms, the Netherlands ($X), China ($X) and Germany ($X) appeared to be the largest syringe suppliers to Bulgaria, with a combined X% share of total imports.

Among the main suppliers, the Netherlands (+X% per year) 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 syringe import price stood at $X per thousand units in 2020, stabilizing at the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. The import price peaked at $X per thousand units in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per thousand units), while the price for China ($X per thousand units) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, 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 syringes, with or without needles in the world?
+
The countries with the highest volumes of syringe consumption in 2020 were China (20B units), the U.S. (12B units) and India (8.6B units), with a combined 40% share of global consumption. Japan, the UK, Italy, Indonesia, Mexico, Germany, Russia, South Korea, Belgium and France lagged somewhat behind, together accounting for a further 31%.
What are the largest producers of syringes, with or without needles in the world?
+
The country with the largest volume of syringe production was China (40B units), accounting for 39% of total volume. Moreover, syringe production in China exceeded the figures recorded by the second-largest producer, the U.S. (10B units), fourfold. The third position in this ranking was occupied by India (8.2B units), with a 8% share.
What are the leading suppliers of syringes, with or without needles to Bulgaria?
+
In value terms, the Netherlands ($975K), China ($690K) and Germany ($330K) constituted the largest syringe suppliers to Bulgaria, together accounting for 56% of total imports.
What are the leading importers of syringes, with or without needles from Bulgaria?
+
In value terms, Greece ($954K) remains the key foreign market for syringe exports from Bulgaria, comprising 95% of total exports. The second position in the ranking was occupied by Germany ($40K), with a 4% share of total exports.
What is the average export price for syringes, with or without needles in Bulgaria?
+
The average syringe export price stood at $0.2 per unit in 2020, increasing by 18% against the previous year.
What is the average import price for syringes, with or without needles in Bulgaria?
+
The average syringe import price stood at $60 per thousand units in 2020, remaining stable against the previous year.

Product coverage:
• Prodcom 32501311 - Syringes, with or without needles, used in medical, surgical, d ental or veterinary sciences

This report provides an in-depth analysis of the syringe 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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