Report Update Apr 1, 2024

Bulgaria - Electric Filament Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Bulgaria

In 2021, the Bulgarian electric filament lamp market decreased by -24.2% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption continues to indicate a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Electric Filament Lamp Exports

Exports from Bulgaria

In 2021, the amount of electric filament lamps exported from Bulgaria fell sharply to X units, dropping by -26% compared with the year before. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 44% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, electric filament lamp exports dropped remarkably to $X in 2021. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 when exports increased by 291% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Kosovo (X units) was the main destination for electric filament lamp exports from Bulgaria, with a 204% share of total exports. Moreover, electric filament lamp exports to Kosovo exceeded the volume sent to the second major destination, Greece (X units), more than tenfold. Germany (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Kosovo stood at +90.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+33.2% per year) and Germany (-3.4% per year).

In value terms, Germany ($X) remains the key foreign market for electric filament lamps exports from Bulgaria, comprising 51% of total exports. The second position in the ranking was held by Greece ($X), with a 16% share of total exports. It was followed by Georgia, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+28.8% per year) and Georgia (+243.1% per year).

Export Prices by Country

In 2021, the average electric filament lamp export price amounted to $X per unit, shrinking by -40.9% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 172% against the previous year. The export price peaked at $X per unit in 2020, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Kosovo (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+41.1%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Filament Lamp Imports

Imports into Bulgaria

In 2021, supplies from abroad of electric filament lamps decreased by -37.7% to X units for the first time since 2017, thus ending a three-year rising trend. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 26% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, electric filament lamp imports expanded remarkably to $X in 2021. Over the period under review, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X units), Poland (X units) and Croatia (X units) were the main suppliers of electric filament lamp imports to Bulgaria.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of +179.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electric filament lamp suppliers to Bulgaria were Croatia ($X), Romania ($X) and Poland ($X), with a combined 62% share of total imports.

Croatia, with a CAGR of +160.7%, saw the highest growth rate of 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 electric filament lamp import price stood at $X per unit in 2021, with an increase of 71% against the previous year. Over the period under review, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 143%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric filament lamps in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together comprising 46% of global consumption. These countries were followed by Japan, Indonesia, Russia, Nigeria, Mexico, Germany, France, Turkey, Italy and South Korea, which together accounted for a further 29%.

What are the largest producers of electric filament lamps in the world?

China remains the largest electric filament lamp producing country worldwide, accounting for 35% of total volume. Moreover, electric filament lamp production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 9.8% share.

What are the leading suppliers of electric filament lamps to Bulgaria?

In value terms, the largest electric filament lamp suppliers to Bulgaria were Croatia, Romania and Poland, with a combined 62% share of total imports.

What are the leading importers of electric filament lamps from Bulgaria?

In value terms, Germany remains the key foreign market for electric filament lamps exports from Bulgaria, comprising 51% of total exports. The second position in the ranking was taken by Greece, with a 16% share of total exports. It was followed by Georgia, with a 4.9% share.

What is the average export price for electric filament lamps in Bulgaria?

The average electric filament lamp export price stood at $0.4 per unit in 2021, dropping by -40.9% against the previous year.

What is the average import price for electric filament lamps in Bulgaria?

The average electric filament lamp import price stood at $0.6 per unit in 2021, jumping by 71% against the previous year.

This report provides an in-depth analysis of the electric filament 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 27401300 - Filament lamps of a power . .200 W and for a voltage > .100 V including reflector lamps (excluding ultraviolet, infrared lamps, t ungsten halogen filament lamps and sealed beam lamp units)
Prodcom 27401460 - Filament lamps for motorcycles or other motor vehicles excluding sealed beam lamp units, tungsten halogen lamps
Prodcom 27401490 - Filament lamps n.e.c.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023