Bulgaria - Amplifiers - Market Analysis, Forecast, Size, Trends and Insights
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Amplifier Market Size in Bulgaria
The Bulgarian amplifier market shrank sharply to $X in 2022, dropping by -26.9% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.
Amplifier Production in Bulgaria
In value terms, amplifier production fell sharply to $X in 2022 estimated in export price. In general, production, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when the production volume increased by 326% against the previous year. As a result, production attained the peak level of $X, and then declined rapidly in the following year.
Amplifier Exports
Exports from Bulgaria
In 2022, shipments abroad of amplifiers increased by 296% to X units, rising for the third year in a row after two years of decline. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, amplifier exports surged to $X in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2017 when exports increased by 131% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.
Exports by Country
Greece (X units), Germany (X units) and Portugal (X units) were the main destinations of amplifier exports from Bulgaria, together accounting for 33% of total exports. Italy, Spain, Ireland, Belgium, Lithuania, Latvia, Romania, Cyprus, Malta and Hungary lagged somewhat behind, together comprising a further 45%.
From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +6,468.2%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X) remains the key foreign market for amplifiers exports from Bulgaria, comprising 28% of total exports. The second position in the ranking was held by Greece ($X), with a 7.4% share of total exports. It was followed by Romania, with a 6.5% share.
From 2012 to 2022, the average annual growth rate of value to Germany totaled +54.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+74.2% per year) and Romania (+29.3% per year).
Export Prices by Country
In 2022, the average amplifier export price amounted to $X per unit, waning by -64% against the previous year. Overall, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 87%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Lithuania ($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 Italy (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Amplifier Imports
Imports into Bulgaria
In 2022, supplies from abroad of amplifiers increased by 84% to X units, rising for the second consecutive year after three years of decline. In general, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, amplifier imports surged to $X in 2022. Overall, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
China (X units), the Netherlands (X units) and Romania (X units) were the main suppliers of amplifier imports to Bulgaria, with a combined 79% share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +53.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X), China ($X) and Germany ($X) were the largest amplifier suppliers to Bulgaria, together comprising 56% of total imports. Romania, Italy, the United States, Slovenia, Belgium and Slovakia lagged somewhat behind, together accounting for a further 20%.
Among the main suppliers, Slovenia, with a CAGR of +68.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average amplifier import price stood at $X per unit in 2022, reducing by -9.6% against the previous year. Over the period under review, the import price saw a slight slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 24%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the amplifier 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 26404355 - Telephonic and measurement amplifiers (excluding high or intermediate frequency amplifiers)
- Prodcom 26404359 - Audio-frequency electric amplifiers (including hi-fi amplifiers) (excluding high or intermediate frequency amplifiers, t elephonic and measurement amplifiers)
- Prodcom 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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