Bulgaria: Portable Electric Lamp Market 2024

Portable Electric Lamp Market Size in Bulgaria

In 2022, the Bulgarian portable electric lamp market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption recorded a perceptible contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Portable Electric Lamp Production in Bulgaria

In value terms, portable electric lamp production shrank to $X in 2022 estimated in export price. Overall, production saw a deep slump. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Portable Electric Lamp Exports

Exports from Bulgaria

In 2022, shipments abroad of portable electric lamps was finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, saw a deep setback. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, portable electric lamp exports fell slightly to $X in 2022. Overall, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X units), the Czech Republic (X units) and France (X units) were the main destinations of portable electric lamp exports from Bulgaria, with a combined X% share of total exports. Greece, Italy, Belgium, Kosovo, the UK, Spain, North Macedonia, Montenegro, Hungary and Portugal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for portable electric lamps exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the average portable electric lamp export price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Montenegro ($X 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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Portable Electric Lamp Imports

Imports into Bulgaria

In 2022, after four years of growth, there was significant decline in overseas purchases of portable electric lamps, when their volume decreased by X% to X units. In general, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, portable electric lamp imports surged to $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of portable electric lamp to Bulgaria, accounting for a X% share of total imports. Moreover, portable electric lamp imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Italy (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, China ($X), Germany ($X) and Hungary ($X) constituted the largest portable electric lamp suppliers to Bulgaria, together accounting for X% of total imports.

Hungary, with a CAGR of X%, 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

In 2022, the average portable electric lamp import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price posted measured growth. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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