Bulgaria: Facsimile Machine Market 2022

Facsimile Machine Market Size in Bulgaria

The Bulgarian facsimile machine market soared to $X in 2021, picking up by X% 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). Overall, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Facsimile machine consumption peaked in 2021 and is likely to see steady growth in the near future.

Facsimile Machine Exports

Exports from Bulgaria

In 2021, approx. X tons of facsimile machines were exported from Bulgaria; jumping by X% compared with 2020. Overall, exports recorded a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, facsimile machine exports soared to $X in 2021. Over the period under review, exports showed a temperate increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), Greece (X tons) and Malta (X tons) were the main destinations of facsimile machine exports from Bulgaria, with a combined X% share of total exports. These countries were followed by Romania, North Macedonia, Ukraine, Georgia, Iraq, Italy, the United States, France and Portugal, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Malta ($X), Romania ($X) and Germany ($X) appeared to be the largest markets for facsimile machine exported from Bulgaria worldwide, with a combined X% share of total exports. Ukraine, Greece, the United States, France, Georgia, Italy, North Macedonia, Portugal and Iraq lagged somewhat behind, together accounting for a further X the main countries of destination, Portugal, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average facsimile machine export price stood at $X per ton in 2021, stabilizing at the previous year. Overall, the export price, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Facsimile Machine Imports

Imports into Bulgaria

Facsimile machine imports into Bulgaria soared to X tons in 2021, with an increase of X% compared with the previous year. Over the period under review, total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, facsimile machine imports skyrocketed to $X in 2021. Overall, imports posted a measured expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Hungary (X tons) were the main suppliers of facsimile machine imports to Bulgaria, together comprising X% of total imports.

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

In value terms, the largest facsimile machine suppliers to Bulgaria were Germany ($X), Hungary ($X) and the Netherlands ($X), with a combined X% share of total imports.

In terms of the main suppliers, Hungary, with a CAGR of +X%, saw 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

The average facsimile machine import price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Romania ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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