Bulgaria: Insulated Coaxial Cables Market 2021

Insulated Coaxial Cables Market Size in Bulgaria

In 2020, after four years of growth, there was significant decline in the Bulgarian insulated coaxial cables market, when its value decreased by -X% to $X. Overall, consumption recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2012 to 2020, the growth of the market remained at a lower figure.

Insulated Coaxial Cables Production in Bulgaria

In value terms, insulated coaxial cables production surged to $X in 2020 estimated in export prices. Over the period under review, production posted a significant increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Insulated coaxial cables production peaked in 2020 and is expected to retain growth in years to come.

Insulated Coaxial Cables Exports

Exports from Bulgaria

In 2020, overseas shipments of insulated coaxial cables increased by X% to X tons, rising for the second consecutive year after six years of decline. Over the period under review, exports showed prominent growth. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, insulated coaxial cables exports surged to $X in 2020. In general, exports saw resilient growth. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

India (X tons), Macedonia (X tons) and Romania (X tons) were the main destinations of insulated coaxial cables exports from Bulgaria, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in India (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), India ($X) and the U.S. ($X) appeared to be the largest markets for insulated coaxial cables exported from Bulgaria worldwide, together accounting for X% of total exports.

India (+X% per year) saw the highest growth rate of 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 insulated coaxial cables export price stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Macedonia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hungary, while the prices for the other major destinations experienced a decline.

Insulated Coaxial Cables Imports

Imports into Bulgaria

In 2020, after two years of growth, there was significant decline in overseas purchases of insulated coaxial cables, when their volume decreased by -X% to X tons. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. As a result, imports attained the peak of X tons. From 2012 to 2020, the growth imports failed to regain the momentum.

In value terms, insulated coaxial cables imports shrank slightly to $X in 2020. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2012 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest insulated coaxial cables supplier to Bulgaria, accounting for a X% share of total imports. Moreover, insulated coaxial cables imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. Romania (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+X% per year) and Romania (+X% per year).

In value terms, the Czech Republic ($X), Romania ($X) and Hungary ($X) constituted the largest insulated coaxial cables suppliers to Bulgaria, with a combined X% share of total imports.

In terms of the main suppliers, Romania 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 2020, the average insulated coaxial cables import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price showed a strong increase. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The import price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Romania ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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