Report Update May 1, 2025

Bulgaria - Electric Hand-Drying Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Electric Hand-Dryer Market 2025

Electric Hand-Dryer Market Size in Bulgaria

The Bulgarian electric hand-dryer market dropped markedly to $X in 2021, with a decrease of -40.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a abrupt slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Electric Hand-Dryer Exports

Exports from Bulgaria

In 2020, the amount of electric hand-drying apparatus exported from Bulgaria shrank dramatically to X units, waning by -97.5% against the previous year. Overall, exports recorded a sharp decline. The growth pace was the most rapid in 2014 with an increase of 437%. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2020, the exports stood at a somewhat lower figure.

In value terms, electric hand-dryer exports fell significantly to $X in 2020. Over the period under review, exports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 747%. The exports peaked at $X in 2015; however, from 2016 to 2020, the exports remained at a lower figure.

Exports by Country

Greece (X units) was the main destination for electric hand-dryer exports from Bulgaria, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Greece totaled -65.2%.

In value terms, Greece ($X) emerged as the key foreign market for electric hand-drying apparatus exports from Bulgaria.

From 2012 to 2020, the average annual rate of growth in terms of value to Greece stood at -64.9%.

Export Prices by Country

In 2020, the average electric hand-dryer export price amounted to $X per unit, which is down by -38.7% against the previous year. In general, the export price saw a slight slump. The most prominent rate of growth was recorded in 2014 an increase of 58%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2020, the rate of growth in terms of prices for Armenia amounted to +32.9% per year.

Electric Hand-Dryer Imports

Imports into Bulgaria

Electric hand-dryer imports into Bulgaria shrank significantly to X units in 2021, which is down by -44% on the previous year. Overall, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 77%. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, electric hand-dryer imports reduced rapidly to $X in 2021. In general, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of 21% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Poland (X units), China (X units) and Spain (X units) were the main suppliers of electric hand-dryer imports to Bulgaria, together accounting for 77% of total imports. These countries were followed by Belgium, Romania, Switzerland and Italy, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +79.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Spain ($X) and Belgium ($X) appeared to be the largest electric hand-dryer suppliers to Bulgaria, together comprising 75% of total imports.

Belgium, with a CAGR of +56.6%, recorded the highest rates of growth with regard to the value of imports, among 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 2021, the average electric hand-dryer import price amounted to $X per unit, increasing by 7.6% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric hand-dryer import price increased by +69.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 49% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric hand-drying apparatus in the world?

China remains the largest electric hand-dryer consuming country worldwide, comprising approx. 31% of total volume. Moreover, electric hand-dryer consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Russia ranked third in terms of total consumption with a 6% share.

What are the largest producers of electric hand-drying apparatus in the world?

China constituted the country with the largest volume of electric hand-dryer production, accounting for 42% of total volume. Moreover, electric hand-dryer production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by Russia, with a 4.7% share.

What are the leading suppliers of electric hand-drying apparatus to Bulgaria?

In value terms, the largest electric hand-dryer suppliers to Bulgaria were Poland, Spain and Belgium, with a combined 75% share of total imports.

What are the leading importers of electric hand-drying apparatus from Bulgaria?

In value terms, Greece $320) remains the key foreign market for electric hand-dryer exports from Bulgaria.

What is the average export price for electric hand-drying apparatus in Bulgaria?

The average electric hand-dryer export price stood at $31 per unit in 2020, shrinking by -64.1% against the previous year.

What is the average import price for electric hand-drying apparatus in Bulgaria?

In 2021, the average electric hand-dryer import price amounted to $61 per unit, falling by -22% against the previous year.

This report provides an in-depth analysis of the electric hand-dryer 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 27512350 - Electric hand-drying apparatus

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024