Bulgaria - Non-Electrical Lamps And Lighting Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electrical Lamp Price in Bulgaria - 2023
Contents:
- Non-Electrical Lamp Price in Bulgaria (CIF) - 2023
- Non-Electrical Lamp Price in Bulgaria (FOB) - 2023
- Non-Electrical Lamp Imports in Bulgaria
- Non-Electrical Lamp Exports in Bulgaria
Non-Electrical Lamp Price in Bulgaria (CIF) - 2023
The average non-electrical lamp import price stood at $1.5 per unit in August 2023, with a decrease of -40.6% against the previous month. Over the period under review, the import price continues to indicate a noticeable curtailment. The growth pace was the most rapid in January 2023 when the average import price increased by 62% against the previous month. Over the period under review, average import prices attained the peak figure at $2.9 per unit in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Poland ($3.8 per unit), while the price for Hungary ($665 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Electrical Lamp Price in Bulgaria (FOB) - 2023
In August 2023, the average non-electrical lamp export price amounted to $2.5 per unit, shrinking by -19.6% against the previous month. In general, the export price saw a noticeable reduction. The pace of growth was the most pronounced in March 2023 an increase of 19% m-o-m. Over the period under review, the average export prices reached the peak figure at $6.5 per unit in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($3.9 per unit), while the average price for exports to Romania ($1.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Electrical Lamp Imports in Bulgaria
Non-electrical lamp imports into Bulgaria surged to 1.4M units in 2022, increasing by 164% against 2021. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-electrical lamp imports skyrocketed to $3.3M in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Non-Electrical Lamp in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 146 | 157 | 152 | 2,056 | 141.5% |
Greece | 2.9 | 60.4 | 456 | 232 | 330.9% |
Hungary | 4.9 | 1.6 | N/A | 209 | 249.4% |
India | 59.7 | 186 | 30.5 | 165 | 40.3% |
Poland | 150 | 254 | 234 | 154 | 0.9% |
Germany | 83.9 | 81.1 | 114 | 75.9 | -3.3% |
Pakistan | 10.9 | 9.2 | 14.0 | 15.7 | 12.9% |
Others | 66.1 | 65.0 | 256 | 424 | 85.8% |
Total | 524 | 815 | 1,256 | 3,331 | 85.2% |
Top Suppliers of Non-Electrical Lamp to Bulgaria in 2022:
- China (931.7K units)
- Hungary (111.9K units)
- India (101.7K units)
- Greece (77.7K units)
- Poland (74.2K units)
- Germany (20.5K units)
- Pakistan (15.6K units)
Non-Electrical Lamp Exports in Bulgaria
In 2022, approx. 541K units of non-electrical lamps and lighting fittings were exported from Bulgaria; surging by 163% compared with the previous year. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 245%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, non-electrical lamp exports skyrocketed to $1.9M in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 549% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
Export of Non-Electrical Lamp in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | N/A | N/A | 482 | 0% |
Romania | 45.8 | 158 | 180 | 206 | 65.1% |
Serbia | 22.4 | 14.9 | 22.3 | 191 | 104.3% |
Greece | 40.1 | 103 | 96.9 | 146 | 53.8% |
Germany | N/A | 7.9 | 1.0 | 131 | 307.2% |
Ireland | N/A | N/A | N/A | 71.2 | 0% |
France | 16.0 | 27.8 | 52.9 | 68.2 | 62.1% |
Albania | N/A | N/A | N/A | 60.2 | 0% |
Bosnia and Herzegovina | N/A | 4.9 | 4.0 | 48.5 | 214.6% |
Hungary | N/A | N/A | N/A | 42.9 | 0% |
Azerbaijan | 0.8 | 5.2 | 1.5 | 17.0 | 177.0% |
Belgium | N/A | 804 | 266 | N/A | -66.9% |
Others | 56.6 | 53.3 | 26.6 | 408 | 93.2% |
Total | 182 | 1,179 | 652 | 1,872 | 117.5% |
Top Export Markets for Non-Electrical Lamp from Bulgaria in 2022:
- Italy (114.8K units)
- Romania (95.7K units)
- Greece (64.4K units)
- Serbia (61.8K units)
- Germany (34.3K units)
- France (26.9K units)
- Bosnia and Herzegovina (20.2K units)
- Ireland (18.5K units)
- Albania (16.8K units)
- Hungary (9.2K units)
- Azerbaijan (8.2K units)
This report provides an in-depth analysis of the non-electrical lamp 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.
Product coverage:
- Prodcom 27402300 - Non-electrical lamps and lighting fittings
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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