Bulgaria - Microscopes and Diffraction Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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Microscope Market Size in Bulgaria
For the third consecutive year, the Bulgarian microscope market recorded growth in sales value, which increased by 138% to $X in 2021. Over the period under review, consumption posted a significant expansion. Microscope consumption peaked in 2021 and is likely to see steady growth in years to come.
Microscope Production in Bulgaria
In value terms, microscope production declined modestly to $X in 2021 estimated in export price. In general, production saw a abrupt decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by 31% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.
Microscope Exports
Exports from Bulgaria
In 2021, shipments abroad of microscopes and diffraction apparatus decreased by 0% to X units, falling for the second year in a row after three years of growth. In general, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2015 with an increase of 900%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
In value terms, microscope exports surged to $X in 2021. Over the period under review, exports faced a deep slump. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
Exports by Country
North Macedonia (X units) was the main destination for microscope exports from Bulgaria, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to North Macedonia amounted to +20.9%.
In value terms, North Macedonia ($X) emerged as the key foreign market for microscopes and diffraction apparatus exports from Bulgaria, comprising 96% of total exports. The second position in the ranking was taken by Romania ($X), with a 3.6% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to North Macedonia amounted to +47.8%.
Export Prices by Country
In 2021, the average microscope export price amounted to $X per unit, declining by -79.6% against the previous year. Overall, the export price recorded a drastic downturn. The growth pace was the most rapid in 2020 an increase of 166%. As a result, the export price attained the peak level of $X per unit, and then contracted notably in the following year.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Romania ($X per unit), while the average price for exports to North Macedonia amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.
Microscope Imports
Imports into Bulgaria
In 2021, the amount of microscopes and diffraction apparatus imported into Bulgaria surged to X units, with an increase of 177% on the year before. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 1,069%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.
In value terms, microscope imports soared to $X in 2021. Overall, imports recorded buoyant growth. The growth pace was the most rapid in 2017 when imports increased by 1,167%. Imports peaked in 2021 and are expected to retain growth in the near future.
Imports by Country
In 2021, Italy (X units) was the main microscope supplier to Bulgaria, with a 90% share of total imports. Moreover, microscope imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X units), more than tenfold. The Netherlands (X units) ranked third in terms of total imports with a 4% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +101.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+60.2% per year) and the Netherlands (+72.5% per year).
In value terms, Italy ($X) constituted the largest supplier of microscopes and diffraction apparatus to Bulgaria, comprising 65% of total imports. The second position in the ranking was taken by Austria ($X), with a 20% share of total imports. It was followed by the Netherlands, with a 6.5% share.
From 2012 to 2021, the average annual growth rate of value from Italy totaled +79.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+42.0% per year) and the Netherlands (+28.6% per year).
Import Prices by Country
The average microscope import price stood at $X per unit in 2021, waning by -56.8% against the previous year. Over the period under review, the import price showed a sharp slump. The pace of growth was the most pronounced in 2015 when the average import price increased by 141% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Poland ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+7.0%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the microscope market 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 26516100 - Microscopes and diffraction apparatus (excluding optical microscopes)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- 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 Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- 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 Of Destination, 2012–2024
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