Price for Electronic Integrated Circuits and Microassemblies in Bulgaria - 2023

Contents:

1. Price for Electronic Integrated Circuits and Microassemblies in Bulgaria (FOB) - 2022
2. Price for Electronic Integrated Circuits and Microassemblies in Bulgaria (CIF) - 2022
3. Exports of Electronic Integrated Circuits and Microassemblies in Bulgaria
4. Imports of Electronic Integrated Circuits and Microassemblies in Bulgaria

Price for Electronic Integrated Circuits and Microassemblies in Bulgaria (FOB) - 2022

In 2022, the average export price for electronic integrated circuits and microassemblieses amounted to $33 per unit, rising by 35% against the previous year. Over the period under review, the export price saw tangible growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($427 per unit), while the average price for exports to Italy ($2.4 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 Philippines (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electronic Integrated Circuits and Microassemblies in Bulgaria (CIF) - 2022

The average import price for electronic integrated circuits and microassemblieses stood at $24 per unit in 2022, growing by 52% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electronic integrated circuits and microassemblies import price increased by +119.2% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Malaysia ($89 per unit), while the price for Greece ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electronic Integrated Circuits and Microassemblies in Bulgaria

In 2022, the amount of electronic integrated circuits and microassemblieses exported from Bulgaria fell to 14M units, with a decrease of -10.3% compared with the previous year's figure. Overall, exports saw a mild slump. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of 16M units, and then declined in the following year.

In value terms, electronic integrated circuits and microassemblies exports soared to $469M in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Electronic Integrated Circuits and Microassemblies from Bulgaria in 2022:

1. Greece (undefinedM units)
2. Italy (5.0M units)
3. Belgium (2.1M units)
4. Lithuania (1.5M units)
5. Germany (1.4M units)
6. Japan (0.8M units)
7. Hong Kong SAR (0.6M units)
8. United States (0.4M units)
9. China (0.3M units)
10. France (0.2M units)
11. Austria (0.2M units)
12. Thailand (0.2M units)
13. Romania (0.1M units)

Imports of Electronic Integrated Circuits and Microassemblies in Bulgaria

In 2022, approx. 20M units of electronic integrated circuits and microassemblieses were imported into Bulgaria; which is down by -13% compared with the previous year. Overall, imports saw a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports attained the peak of 23M units, and then dropped in the following year.

In value terms, electronic integrated circuits and microassemblies imports soared to $491M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Electronic Integrated Circuits and Microassemblies to Bulgaria in 2022:

1. Germany (7.5M units)
2. Italy (3.2M units)
3. Greece (1.8M units)
4. Turkey (1.2M units)
5. Philippines (1.1M units)
6. Austria (0.8M units)
7. Belgium (0.8M units)
8. Taiwan (Chinese) (0.7M units)
9. Netherlands (0.6M units)
10. Malaysia (0.6M units)
11. France (0.3M units)

Source: IndexBox Market Intelligence Platform