Bulgaria: Market for Dentist And Barber Chairs 2024

Market Size for Dentist And Barber Chairs in Bulgaria

The Bulgarian dentist or barber chair market skyrocketed to $X in 2022, jumping by 26% against the previous year. Overall, consumption posted a temperate expansion. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in years to come.

Production of Dentist And Barber Chairs in Bulgaria

In value terms, dentist or barber chair production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a deep slump. The growth pace was the most rapid in 2013 when the production volume increased by 14% against the previous year. Dentist or barber chair production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Dentist And Barber Chairs

Exports from Bulgaria

In 2022, overseas shipments of dentist and barber chairs decreased by -85.4% to X units, falling for the fourth year in a row after four years of growth. In general, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 when exports increased by 768% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, dentist or barber chair exports reduced sharply to $X in 2022. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 190% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Iraq (X units), Romania (X units) and the Czech Republic (X units) were the main destinations of dentist or barber chair exports from Bulgaria, together accounting for 65% of total exports. Indonesia, Poland, Kazakhstan, Bolivia, Slovakia, Italy, Portugal, France and Austria lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +40.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dentist or barber chair exported from Bulgaria were Romania ($X), Iraq ($X) and the Czech Republic ($X), together accounting for 51% of total exports.

Romania, with a CAGR of +36.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average dentist or barber chair export price amounted to $X per unit, surging by 70% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 157% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Slovakia ($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 France (+162.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dentist And Barber Chairs

Imports into Bulgaria

Dentist or barber chair imports into Bulgaria surged to X units in 2022, with an increase of 27% against the previous year. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 87% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, dentist or barber chair imports fell to $X in 2022. Overall, imports showed a temperate expansion. The growth pace was the most rapid in 2018 with an increase of 65%. Over the period under review, imports hit record highs at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest dentist or barber chair supplier to Bulgaria, accounting for a 46% share of total imports. Moreover, dentist or barber chair imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. Romania (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+42.6% per year) and Romania (+63.3% per year).

In value terms, China ($X), Romania ($X) and Italy ($X) appeared to be the largest dentist or barber chair suppliers to Bulgaria, together accounting for 69% of total imports.

Romania, with a CAGR of +62.4%, saw the highest growth rate of the value of imports, in terms of 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 dentist or barber chair import price amounted to $X per unit, shrinking by -27.3% against the previous year. In general, the import price recorded a perceptible contraction. The growth pace was the most rapid in 2020 when the average import price increased by 50%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat 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 Romania ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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