
Bulgaria - Instruments for Measuring Electrical Quantities - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBulgaria: Market for Instruments for Measuring Electrical Quantities 2025
Market Size for Instruments for Measuring Electrical Quantities in Bulgaria
The Bulgarian market for instruments for measuring electrical quantities fell significantly to $X in 2021, which is down by -38.2% against the previous year. Over the period under review, consumption saw a abrupt setback. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.
Production of Instruments for Measuring Electrical Quantities in Bulgaria
In value terms, instruments for measuring electrical quantities production declined dramatically to $X in 2021 estimated in export price. Overall, production saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 38,440% against the previous year. Instruments for measuring electrical quantities production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.
Exports of Instruments for Measuring Electrical Quantities
Exports from Bulgaria
In 2021, exports of instruments for measuring electrical quantities from Bulgaria skyrocketed to X units, picking up by 34% compared with the previous year. In general, exports posted a pronounced expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 154%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.
In value terms, instruments for measuring electrical quantities exports reached $X in 2021. Overall, exports saw a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 895% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.
Exports by Country
Romania (X units) was the main destination for instruments for measuring electrical quantities exports from Bulgaria, with a 38% share of total exports. Moreover, instruments for measuring electrical quantities exports to Romania exceeded the volume sent to the second major destination, Serbia (X units), twofold. Turkey (X units) ranked third in terms of total exports with a 13% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Romania stood at +106.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+32.3% per year) and Turkey (+9.7% per year).
In value terms, the largest markets for instruments for measuring electrical quantities exported from Bulgaria were Turkey ($X), Romania ($X) and Serbia ($X), with a combined 53% share of total exports.
Among the main countries of destination, Romania, with a CAGR of +78.4%, saw 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 export price for instruments for measuring electrical quantities stood at $X per unit in 2021, dropping by -24.9% against the previous year. Over the period under review, the export price, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2014 an increase of 314% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Russia ($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 France (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Instruments for Measuring Electrical Quantities
Imports into Bulgaria
In 2021, purchases abroad of instruments for measuring electrical quantities increased by 3.4% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 263% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, instruments for measuring electrical quantities imports reached $X in 2021. Overall, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +18.5% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by 25% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X units) constituted the largest instruments for measuring electrical quantities supplier to Bulgaria, accounting for a 48% share of total imports. Moreover, instruments for measuring electrical quantities imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Hong Kong SAR (X units) ranked third in terms of total imports with a 6.9% share.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.6% per year) and Hong Kong SAR (+29.6% per year).
In value terms, the largest instruments for measuring electrical quantities suppliers to Bulgaria were Germany ($X), China ($X) and the Czech Republic ($X), together accounting for 61% of total imports. These countries were followed by Hong Kong SAR, Turkey, Poland, Italy, Hungary and Austria, which together accounted for a further 17%.
Poland, with a CAGR of +29.8%, 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 import price for instruments for measuring electrical quantities amounted to $X per unit, remaining constant against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 208%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($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 Italy (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for instruments for measuring electrical quantities 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 26514310 - Multimeters
- Prodcom 26514330 - Electronic instruments and apparatus for measuring or checking voltage, current, resistance or electrical power, w ithout recording device (excluding multimeters, and oscilloscopes and oscillographs)
- Prodcom 26514355 - Voltmeters
- Prodcom 26514359 - Non-electronic instruments and apparatus, for measuring or checking voltage, current, resistance or power, without a recording device (excluding multimeters, voltmeters)
- Prodcom 26514300 -
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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