Bulgaria - Automotive Lighting - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAutomotive Lighting Price in Bulgaria - 2023
Contents:
- Automotive Lighting Price in Bulgaria (FOB) - 2023
- Automotive Lighting Price in Bulgaria (CIF) - 2022
- Automotive Lighting Exports in Bulgaria
- Automotive Lighting Imports in Bulgaria
Automotive Lighting Price in Bulgaria (FOB) - 2023
The average automotive lighting export price stood at $33.3 per unit in August 2023, picking up by 9.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in October 2022 an increase of 14% m-o-m. Over the period under review, the average export prices hit record highs in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was China ($37.2 per unit), while the average price for exports to the United States ($8.9 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 Romania (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Automotive Lighting Price in Bulgaria (CIF) - 2022
In 2022, the average automotive lighting import price amounted to $6.3 per unit, reducing by -35.7% against the previous year. Overall, the import price recorded a deep setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 14% against the previous year. Over the period under review, average import prices attained the peak figure at $27 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Slovakia ($6.3 per unit) and Belgium ($6.3 per unit), while the price for Greece ($6.3 per unit) and Romania ($6.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (-10.0%), while the prices for the other major suppliers experienced a decline.
Automotive Lighting Exports in Bulgaria
In 2022, the amount of automotive lighting exported from Bulgaria soared to 5.5M units, jumping by 135% on the previous year's figure. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 194% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, automotive lighting exports soared to $42M in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 230% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Automotive Lighting in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.5 | 1.1 | 11.6 | 25.4 | 270.4% |
| Romania | 0.4 | 0.2 | 0.4 | 3.8 | 111.8% |
| Turkey | 1.4 | 0.5 | 0.5 | 1.5 | 2.3% |
| Czech Republic | N/A | N/A | 0.9 | 1.5 | 66.7% |
| Greece | 0.6 | 0.6 | 0.9 | 1.1 | 22.4% |
| Italy | N/A | N/A | 0.1 | 1.0 | 900.0% |
| Poland | 0.1 | 0.1 | 0.1 | 0.9 | 108.0% |
| Spain | 1.4 | 0.9 | 1.0 | 0.9 | -13.7% |
| Serbia | N/A | 0.1 | 0.3 | 0.7 | 164.6% |
| United Kingdom | 0.4 | 0.6 | 0.4 | N/A | 0.0% |
| Others | 0.8 | 1.2 | 1.4 | 5.4 | 89.0% |
| Total | 5.7 | 5.3 | 17.6 | 42.2 | 94.9% |
Top Export Markets for Automotive Lighting from Bulgaria in 2022:
- Germany (3698.9K units)
- Romania (548.9K units)
- Czech Republic (221.2K units)
- Turkey (219.6K units)
- Greece (158.4K units)
- Italy (145.4K units)
- Poland (127.6K units)
- Serbia (100.7K units)
- Spain (32.7K units)
Automotive Lighting Imports in Bulgaria
For the fourth year in a row, Bulgaria recorded growth in overseas purchases of automotive lighting, which increased by 99.9% to 2.7M units in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, automotive lighting imports skyrocketed to $17M in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Automotive Lighting in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 973 | 1,142 | 1,710 | 3,130 | 47.6% |
| Poland | 674 | 1,747 | 2,460 | 2,913 | 62.9% |
| China | 1,211 | 1,901 | 2,280 | 2,192 | 21.9% |
| Germany | 1,445 | 860 | 1,314 | 1,712 | 5.8% |
| Slovenia | 39.1 | 53.5 | 137 | 1,296 | 221.2% |
| Hungary | 573 | 479 | 579 | 967 | 19.1% |
| Czech Republic | 1,017 | 782 | 1,097 | 946 | -2.4% |
| Netherlands | 132 | 330 | 578 | 679 | 72.6% |
| Slovakia | 1.6 | 388 | 761 | 648 | 639.9% |
| Romania | 189 | 371 | 639 | 588 | 46.0% |
| France | 692 | 569 | 585 | 455 | -13.0% |
| Belgium | 159 | 184 | 278 | 440 | 40.4% |
| Others | 1,091 | 580 | 1,095 | 1,405 | 8.8% |
| Total | 8,195 | 9,385 | 13,512 | 17,372 | 28.5% |
Top Suppliers of Automotive Lighting to Bulgaria in 2022:
- Turkey (499.6K units)
- Poland (464.9K units)
- China (349.8K units)
- Germany (273.3K units)
- Slovenia (206.8K units)
- Hungary (154.3K units)
- Czech Republic (151.1K units)
- Netherlands (108.3K units)
- Slovakia (103.1K units)
- Romania (93.9K units)
- France (72.6K units)
- Belgium (70.2K units)
This report provides an in-depth analysis of the automotive lighting 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
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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Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
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Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
866
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
858
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