Bulgaria: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Bulgaria

The Bulgarian telephone apparatus market soared to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Telephone Apparatus Production in Bulgaria

In value terms, telephone apparatus production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a mild downturn. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Telephone Apparatus Exports

Exports from Bulgaria

Telephone apparatus exports from Bulgaria fell notably to X units in 2022, waning by X% on 2021 figures. Overall, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at X units in 2021, and then fell markedly in the following year.

In value terms, telephone apparatus exports reduced to $X in 2022. In general, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Germany (X units) was the main destination for telephone apparatus exports from Bulgaria, accounting for a X% share of total exports. Moreover, telephone apparatus exports to Germany exceeded the volume sent to the second major destination, Austria (X units), twofold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and the Netherlands (X% per year).

In value terms, the largest markets for telephone apparatus exported from Bulgaria were Germany ($X), Austria ($X) and the United States ($X), with a combined X% share of total exports. The Netherlands, Romania, Latvia, the United Arab Emirates, Poland, Ukraine, Greece, Spain, Cyprus and China lagged somewhat behind, together comprising a further X%.

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

In 2022, the average telephone apparatus export price amounted to $X per unit, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Cyprus ($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 United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Bulgaria

In 2022, purchases abroad of telephone apparatus increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, telephone apparatus imports soared to $X in 2022. In general, total imports indicated a resilient expansion 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, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Slovakia (X units), Hong Kong SAR (X units) and the Netherlands (X units) were the main suppliers of telephone apparatus imports to Bulgaria, with a combined X% share of total imports. China, Romania, the Czech Republic, Austria, Germany, Greece, Hungary and France lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest telephone apparatus suppliers to Bulgaria were Slovakia ($X), the Netherlands ($X) and the Czech Republic ($X), with a combined X% share of total imports. Hungary, Romania, Hong Kong SAR, China, Austria, Germany, Greece and France lagged somewhat behind, together accounting for a further X%.

Hong Kong SAR, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average telephone apparatus import price stood at $X per unit in 2022, growing by X% against the previous year. In general, import price indicated a strong 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, telephone apparatus import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Hungary ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :