Bulgaria: Automotive Lighting Market 2025

Automotive Lighting Market Size in Bulgaria

In 2021, the Bulgarian automotive lighting market decreased by -18.2% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption showed a slight slump. Automotive lighting consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Automotive Lighting Production in Bulgaria

In value terms, automotive lighting production contracted to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 26%. Automotive lighting production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Automotive Lighting Exports

Exports from Bulgaria

In 2021, the amount of automotive lighting exported from Bulgaria surged to X units, jumping by 198% against 2020. Over the period under review, exports showed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, automotive lighting exports skyrocketed to $X in 2021. Overall, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for automotive lighting exports from Bulgaria, accounting for a 68% share of total exports. Moreover, automotive lighting exports to Germany exceeded the volume sent to the second major destination, Spain (X units), more than tenfold. Greece (X units) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +36.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+347.6% per year) and Greece (+65.3% per year).

In value terms, Germany ($X) remains the key foreign market for automotive lighting exports from Bulgaria, comprising 68% of total exports. The second position in the ranking was held by Spain ($X), with a 6.1% share of total exports. It was followed by Greece, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +34.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+312.4% per year) and Greece (+62.7% per year).

Export Prices by Country

The average automotive lighting export price stood at $X per unit in 2021, rising by 11% against the previous year. In general, the export price, however, recorded a mild curtailment. The growth pace was the most rapid in 2015 an increase of 40%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Spain ($X per unit) and Romania ($X per unit), while the average price for exports to the UK ($X per unit) and Greece ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-1.6%), while the prices for the other major destinations experienced a decline.

Automotive Lighting Imports

Imports into Bulgaria

In 2021, purchases abroad of automotive lighting increased by 77% to X units, rising for the fifth consecutive year after two years of decline. Overall, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, automotive lighting imports soared to $X in 2021. Over the period under review, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X units), China (X units) and Germany (X units) were the main suppliers of automotive lighting imports to Bulgaria, together comprising 47% of total imports. Turkey, the Czech Republic, Slovakia, Romania, France, Hungary, the Netherlands, Belgium, Taiwan (Chinese) and the UK lagged somewhat behind, together accounting for a further 47%.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +142.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest automotive lighting suppliers to Bulgaria were Poland ($X), China ($X) and Germany ($X), with a combined 47% share of total imports. Turkey, the Czech Republic, Slovakia, Romania, France, Hungary, the Netherlands, Belgium, Taiwan (Chinese) and the UK lagged somewhat behind, together comprising a further 47%.

Among the main suppliers, Slovakia, with a CAGR of +127.7%, recorded the highest rates of growth with regard to 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

In 2021, the average automotive lighting import price amounted to $X per unit, falling by -18.6% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Slovakia ($X per unit) and Belgium ($X per unit), while the price for Romania ($X per unit) and Hungary ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-5.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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