Bulgaria: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2025

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Bulgaria

The Bulgarian digital data processing machine market contracted dramatically to $X in 2021, with a decrease of -78.7% against the previous year. Overall, consumption saw a deep slump. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in Bulgaria

In value terms, digital data processing machine production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 187%. Digital data processing machine production peaked in 2021 and is expected to retain growth in the near future.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Bulgaria

In 2021, shipments abroad of digital data processing machines: presented in the form of systems decreased by -27.8% to X units, falling for the second year in a row after two years of growth. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by 81%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, digital data processing machine exports reached $X in 2021. Overall, exports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2018 when exports increased by 30% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for digital data processing machine exports from Bulgaria, accounting for a 21% share of total exports. Moreover, digital data processing machine exports to the Netherlands exceeded the volume sent to the second major destination, the United Arab Emirates (X units), threefold. Italy (X units) ranked third in terms of total exports with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands amounted to +19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+38.8% per year) and Italy (-7.6% per year).

In value terms, Italy ($X), the Netherlands ($X) and the UK ($X) constituted the largest markets for digital data processing machine exported from Bulgaria worldwide, together comprising 26% of total exports. These countries were followed by Spain, the United Arab Emirates, Serbia, Qatar, Canada, Turkey, Malaysia, Tunisia, Greece and North Macedonia, which together accounted for a further 24%.

Malaysia, with a CAGR of +90.0%, saw 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 2021, the average digital data processing machine export price amounted to $X per unit, increasing by 40% against the previous year. Over the period under review, the export price, however, recorded a noticeable contraction. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Greece ($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 Tunisia (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Bulgaria

In 2021, digital data processing machine imports into Bulgaria skyrocketed to X units, jumping by 43% compared with 2020 figures. In general, imports posted buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by 76%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, digital data processing machine imports surged to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 116%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Hungary (X units), Germany (X units) and the UK (X units) were the main suppliers of digital data processing machine imports to Bulgaria, together comprising 59% of total imports. These countries were followed by France, China, Greece, Hong Kong SAR, Romania, the United States, the Netherlands, Italy and Ireland, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +72.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest digital data processing machine suppliers to Bulgaria were Hungary ($X), the United States ($X) and Germany ($X), together accounting for 58% of total imports. The UK, Hong Kong SAR, Romania, Greece, the Netherlands, China, Italy, France and Ireland lagged somewhat behind, together comprising a further 28%.

Hong Kong SAR, with a CAGR of +63.6%, 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

The average digital data processing machine import price stood at $X per unit in 2021, reducing by -8.9% against the previous year. Overall, the import price showed a deep setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 44%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for France ($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 (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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