Bulgaria - Electric Bakery And Biscuit Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial, Laboratory or Bakery Oven in Bulgaria - 2021
Contents:
- Price for Industrial, Laboratory or Bakery Oven in Bulgaria (CIF) - 2022
- Price for Industrial, Laboratory or Bakery Oven in Bulgaria (FOB) - 2022
- Imports of Industrial, Laboratory or Bakery Oven in Bulgaria
- Exports of Industrial, Laboratory or Bakery Oven in Bulgaria
Price for Industrial, Laboratory or Bakery Oven in Bulgaria (CIF) - 2022
The average import price for industrial, laboratory or bakery ovens stood at $2,488 per unit in 2022, increasing by 18% against the previous year. In general, the import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 264% against the previous year. Over the period under review, average import prices hit record highs at $3,105 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 the United States ($13,722 per unit), while the price for Spain ($484 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Industrial, Laboratory or Bakery Oven in Bulgaria (FOB) - 2022
In 2022, the average export price for industrial, laboratory or bakery ovens amounted to $1,618 per unit, waning by -42.5% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 244%. As a result, the export price reached the peak level of $9,408 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,912 per unit), while the average price for exports to Moldova ($999 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 Georgia (+0.8%), while the prices for the other major destinations experienced a decline.
Imports of Industrial, Laboratory or Bakery Oven in Bulgaria
Industrial, laboratory or bakery oven imports into Bulgaria declined rapidly to 1.4K units in 2022, which is down by -18.6% on 2021 figures. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. Over the period under review, imports reached the maximum at 2.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, industrial, laboratory or bakery oven imports dropped modestly to $3.5M in 2022. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 9.4%. Over the period under review, imports reached the peak figure at $4.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Industrial, Laboratory or Bakery Oven in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2,625 | 662 | 1,184 | 1,293 | -21.0% |
Italy | 502 | 303 | 742 | 664 | 9.8% |
Turkey | 322 | 105 | 626 | 560 | 20.3% |
United States | 7.6 | 1,605 | 39.1 | 480 | 298.2% |
China | 138 | 32.4 | 286 | 256 | 22.9% |
Czech Republic | 119 | 123 | 49.6 | 84.5 | -10.8% |
Spain | 215 | 21.3 | 6.6 | 69.8 | -31.3% |
Poland | N/A | 246 | 207 | N/A | -15.9% |
Others | 923 | 292 | 566 | 141 | -46.5% |
Total | 4,852 | 3,389 | 3,707 | 3,548 | -9.9% |
Top Suppliers of Industrial, Laboratory or Bakery Oven to Bulgaria in 2022:
- Turkey (465.0 units)
- Italy (342.0 units)
- Germany (327.0 units)
- Spain (144.0 units)
- Czech Republic (58.0 units)
- United States (35.0 units)
- China (28.0 units)
Exports of Industrial, Laboratory or Bakery Oven in Bulgaria
In 2022, industrial, laboratory or bakery oven exports from Bulgaria surged to 667 units, rising by 47% against the year before. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 79%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, industrial, laboratory or bakery oven exports fell dramatically to $1.1M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports attained the peak of $1.3M, and then contracted significantly in the following year.
Export of Industrial, Laboratory or Bakery Oven in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 514 | 493 | 355 | 750 | 13.4% |
United States | 76.6 | 101 | 89.2 | 191 | 35.6% |
Armenia | 28.1 | 63.3 | 7.0 | 50.4 | 21.5% |
Georgia | 22.5 | 55.3 | 1.9 | 40.1 | 21.2% |
Moldova | 5.2 | 6.8 | 10.7 | 23.0 | 64.2% |
Canada | 6.9 | 2.9 | 7.1 | 15.2 | 30.1% |
Slovakia | N/A | 23.0 | N/A | N/A | 0% |
United Kingdom | N/A | N/A | 13.0 | N/A | 0% |
Ukraine | 60.4 | N/A | 468 | N/A | 178.4% |
Others | 44.9 | 132 | 330 | 10.2 | -39.0% |
Total | 759 | 877 | 1,281 | 1,079 | 12.4% |
Top Export Markets for Industrial, Laboratory or Bakery Oven from Bulgaria in 2022:
- China (392.0 units)
- United States (172.0 units)
- Armenia (36.0 units)
- Georgia (23.0 units)
- Moldova (23.0 units)
- Canada (15.0 units)
This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven 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 28211330 - Electric bakery and biscuit ovens
- Prodcom 28211351 - Resistance heated industrial or laboratory furnaces and ovens (excluding bakery and biscuit ovens)
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
This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven in Bulgaria.
This report provides an in-depth analysis of the global market for industrial, laboratory or bakery oven.
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This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven in Bulgaria.
This report provides an in-depth analysis of the global market for industrial, laboratory or bakery oven.
Global Resistance Heated Industrial Oven Market Report 2018. This report provides an in-depth analysis of the global market for resistance heated industrial oven.
Global Electrical Induction Industrial Oven Market Report 2018. This report provides an in-depth analysis of the global market for electrical induction industrial oven.
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