Bulgaria: Lcds And Plasmas Market 2025

Lcds And Plasmas Market Size in Bulgaria

The Bulgarian LCDs and plasmas market expanded markedly to $X in 2022, growing by 5.2% against the previous year. In general, consumption, however, showed a pronounced downturn. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Lcds And Plasmas Production in Bulgaria

In value terms, LCDs and plasmas production reached $X in 2022 estimated in export price. Over the period under review, production saw a noticeable descent. The pace of growth appeared the most rapid in 2016 with an increase of 61%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Lcds And Plasmas Exports

Exports from Bulgaria

LCDs and plasmas exports from Bulgaria rose sharply to X units in 2022, picking up by 8.1% compared with 2021. In general, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of 3,198% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, LCDs and plasmas exports soared to $X in 2022. Overall, exports posted a resilient increase. The pace of growth was the most pronounced in 2015 when exports increased by 1,975%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X units), Germany (X units) and North Macedonia (X units) were the main destinations of LCDs and plasmas exports from Bulgaria, together accounting for 79% of total exports. Greece, Romania, Mexico, Serbia, Spain and Taiwan (Chinese) lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +85.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Greece ($X) and Italy ($X) were the largest markets for LCDs and plasmas exported from Bulgaria worldwide, with a combined 59% share of total exports. North Macedonia, Romania, Mexico, Serbia, Taiwan (Chinese) and Spain lagged somewhat behind, together comprising a further 22%.

Among the main countries of destination, Mexico, with a CAGR of +96.4%, recorded the highest rates of growth with regard to 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

In 2022, the average LCDs and plasmas export price amounted to $X per unit, surging by 23% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 an increase of 91% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per unit), while the average price for exports to Italy ($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 Greece (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Lcds And Plasmas Imports

Imports into Bulgaria

In 2022, the amount of flat panel video monitor, lcd or plasma imported into Bulgaria surged to X units, rising by 21% on 2021. Overall, imports saw tangible growth. The most prominent rate of growth was recorded in 2015 with an increase of 424%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, LCDs and plasmas imports surged to $X in 2022. Over the period under review, imports enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 332% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Italy (X units), China (X units) and South Korea (X units) were the main suppliers of LCDs and plasmas imports to Bulgaria, together accounting for 63% of total imports. Sweden, Germany, Romania, Hong Kong SAR, Taiwan (Chinese), Belgium, Slovakia, the Netherlands, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +66.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of flat panel video monitor, lcd or plasma to Bulgaria, comprising 38% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 13% share of total imports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from South Korea stood at +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+58.5% per year) and the Netherlands (+0.5% per year).

Import Prices by Country

In 2022, the average LCDs and plasmas import price amounted to $X per unit, increasing by 47% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, LCDs and plasmas import price increased by +46.3% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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