Report Update Nov 1, 2024

Bulgaria - Distributors and Ignition Coils - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Ignition Coil Market 2024

Ignition Coil Market Size in Bulgaria

For the fourth consecutive year, the Bulgarian ignition coil market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption recorded a strong expansion. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the near future.

Ignition Coil Exports

Exports from Bulgaria

For the fourth year in a row, Bulgaria recorded growth in shipments abroad of distributors and ignition coils, which increased by X% to X units in 2022. Overall, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, ignition coil exports declined to $X in 2022. Over the period under review, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021, and then declined in the following year.

Exports by Country

Poland (X units), Serbia (X units) and Greece (X units) were the main destinations of ignition coil exports from Bulgaria, together accounting for X% of total exports. Romania, Albania, Germany, Japan, South Korea and Russia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Poland ($X), Serbia ($X) and Greece ($X) appeared to be the largest markets for ignition coil exported from Bulgaria worldwide, with a combined X% share of total exports. Romania, Albania, Germany, Japan, South Korea and Russia lagged somewhat behind, together accounting for a further X%.

Japan, with a CAGR of X%, 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

The average ignition coil export price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price showed a mild reduction. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then declined sharply in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Greece ($X per unit) and Serbia ($X per unit), while the average price for exports to Russia ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced mixed trend patterns.

Ignition Coil Imports

Imports into Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in overseas purchases of distributors and ignition coils, which increased by X% to X units in 2022. Over the period under review, imports showed strong growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, ignition coil imports reached $X in 2022. Overall, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), Poland (X units) and Romania (X units) were the main suppliers of ignition coil imports to Bulgaria, with a combined X% share of total imports.

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

In value terms, Germany ($X), Poland ($X) and Romania ($X) constituted the largest ignition coil suppliers to Bulgaria, with a combined X% share of total imports.

In terms of the main suppliers, Romania, with a CAGR of X%, recorded 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

In 2022, the average ignition coil import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, showed a perceptible reduction. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Romania ($X per unit) and Poland ($X per unit), while the price for Belgium ($X per unit) and Turkey ($X per unit) were 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 a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for distributors and ignition coils in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together accounting for 35% of global consumption. These countries were followed by Brazil, Russia, Mexico, Indonesia, Germany, Japan, the UK, Turkey, Canada and Poland, which together accounted for a further 36%.

What are the largest producers of distributors and ignition coils in the world?

China remains the largest ignition coil producing country worldwide, comprising approx. 40% of total volume. Moreover, ignition coil production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. India ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of distributors and ignition coils to Bulgaria?

In value terms, Germany, Poland and Romania were the largest ignition coil suppliers to Bulgaria, with a combined 83% share of total imports.

What are the leading importers of distributors and ignition coils from Bulgaria?

In value terms, Germany remains the key foreign market for ignition coil exports from Bulgaria, comprising 30% of total exports. The second position in the ranking was occupied by Greece, with a 13% share of total exports. It was followed by the United States, with an 11% share.

What is the average export price for distributors and ignition coils in Bulgaria?

The average ignition coil export price stood at $13 per unit in 2021, rising by 42% against the previous year.

What is the average import price for distributors and ignition coils in Bulgaria?

The average ignition coil import price stood at $10 per unit in 2021, rising by 4.4% against the previous year.

This report provides an in-depth analysis of the ignition coil 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 29312170 - Distributors and ignition coils

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023