Bulgaria: Electronic Lamp Machine Market 2025

Electronic Lamp Machine Market Size in Bulgaria

After three years of growth, the Bulgarian electronic lamp machine market decreased by -87.1% to $X in 2021. Over the period under review, consumption continues to indicate a deep downturn. Over the period under review, the market hit record highs at $X in 2020, and then reduced notably in the following year.

Electronic Lamp Machine Production in Bulgaria

In value terms, electronic lamp machine production contracted to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by 24% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.

Electronic Lamp Machine Exports

Exports from Bulgaria

In 2020, overseas shipments of machines for electric or electronic lamps, tubes, valves or flashbulbs increased by 29,000% to X units, rising for the fifth consecutive year after three years of decline. Overall, exports, however, saw a deep slump. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

In value terms, electronic lamp machine exports surged to $X in 2020. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Portugal (X units) was the main destination for electronic lamp machine exports from Bulgaria, accounting for a 77% share of total exports. Moreover, electronic lamp machine exports to Portugal exceeded the volume sent to the second major destination, France (X units), threefold.

From 2012 to 2020, the average annual rate of growth in terms of volume to Portugal was relatively modest.

In value terms, the largest markets for electronic lamp machine exported from Bulgaria were Portugal ($X) and France ($X).

In terms of the main countries of destination, France, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average electronic lamp machine export price stood at $X per unit in 2020, rising by 85,536% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to Portugal amounted to $X per unit.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.1%).

Electronic Lamp Machine Imports

Imports into Bulgaria

In 2021, after three years of growth, there was significant decline in supplies from abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs, when their volume decreased by -99% to X units. In general, imports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 735% against the previous year. Over the period under review, imports reached the maximum at X units in 2020, and then contracted significantly in the following year.

In value terms, electronic lamp machine imports fell dramatically to $X in 2021. Overall, imports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2019 with an increase of 1,107% against the previous year. Imports peaked at $X in 2020, and then declined significantly in the following year.

Imports by Country

In 2021, the Netherlands (X units) was the main electronic lamp machine supplier to Bulgaria, with a 94% share of total imports. Moreover, electronic lamp machine imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the UK (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +1.6%.

In value terms, the Netherlands ($X) constituted the largest supplier of electronic lamp machine to Bulgaria, comprising 91% of total imports. The second position in the ranking was held by the UK ($X), with a 9.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled +10.9%.

Import Prices by Country

In 2021, the average electronic lamp machine import price amounted to $X per unit, increasing by 129% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per unit), while the price for the Netherlands totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+43.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :