Bulgaria: Non-Domestic Dishwashing Machine Market 2024

Non-Domestic Dishwashing Machine Market Size in Bulgaria

The Bulgarian non-domestic dishwashing machine market dropped notably to $X in 2022, reducing by -19.5% against the previous year. In general, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +125.1% against 2018 indices. Non-domestic dishwashing machine consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Non-Domestic Dishwashing Machine Production in Bulgaria

In value terms, non-domestic dishwashing machine production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 182%. Non-domestic dishwashing machine production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Non-Domestic Dishwashing Machine Exports

Exports from Bulgaria

In 2022, shipments abroad of non-domestic dish-washing machines decreased by -53.5% to X units, falling for the second consecutive year after two years of growth. Overall, exports faced a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 320% against the previous year. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, non-domestic dishwashing machine exports reduced dramatically to $X in 2022. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 118%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units), Armenia (X units) and the Czech Republic (X units) were the main destinations of non-domestic dishwashing machine exports from Bulgaria, with a combined 53% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of +39.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the Czech Republic ($X) and Serbia ($X) appeared to be the largest markets for non-domestic dishwashing machine exported from Bulgaria worldwide, with a combined 40% share of total exports. Romania, Finland, Slovakia, Armenia, Hungary, Moldova, Turkey, North Macedonia and Iraq lagged somewhat behind, together accounting for a further 48%.

In terms of the main countries of destination, Armenia, with a CAGR of +39.4%, 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 non-domestic dishwashing machine export price stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, recorded a pronounced increase. The pace of growth appeared the most rapid in 2021 an increase of 78% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Iraq ($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 Serbia (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Domestic Dishwashing Machine Imports

Imports into Bulgaria

In 2022, purchases abroad of non-domestic dish-washing machines decreased by -67% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted resilient growth. The growth pace was the most rapid in 2021 with an increase of 145% against the previous year. As a result, imports reached the peak of X units, and then dropped rapidly in the following year.

In value terms, non-domestic dishwashing machine imports contracted significantly to $X in 2022. Overall, imports, however, saw a perceptible expansion. The pace of growth was the most pronounced in 2017 when imports increased by 100%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of non-domestic dishwashing machine to Bulgaria, accounting for a 47% share of total imports. Moreover, non-domestic dishwashing machine imports from Italy exceeded the figures recorded by the second-largest supplier, Denmark (X units), fourfold. Turkey (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+51.7% per year) and Turkey (+13.4% per year).

In value terms, Italy ($X) constituted the largest supplier of non-domestic dish-washing machines to Bulgaria, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by Turkey, with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.3% per year) and Turkey (+5.4% per year).

Import Prices by Country

The average non-domestic dishwashing machine import price stood at $X per unit in 2022, with an increase of 128% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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