Report Update Nov 1, 2024

Bulgaria - Optical Telescopes - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bulgaria: Optical Telescope Market 2024

Optical Telescope Market Size in Bulgaria

The Bulgarian optical telescope market soared to $X in 2021, picking up by 175% against the previous year. Over the period under review, consumption, however, saw a slight contraction. Optical telescope consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Optical Telescope Production in Bulgaria

In value terms, optical telescope production surged to $X in 2021 estimated in export price. In general, production, however, faced a deep contraction. Optical telescope production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Optical Telescope Exports

Exports from Bulgaria

In 2021, approx. X units of optical telescopes were exported from Bulgaria; growing by 20% compared with 2020 figures. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 269%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, optical telescope exports surged to $X in 2021. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X units), Malaysia (X units) and Niger (X units) were the main destinations of optical telescope exports from Bulgaria, with a combined 71% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +129.4%), while the other leaders experienced more modest paces of growth.

In value terms, Niger ($X), Malaysia ($X) and Jordan ($X) were the largest markets for optical telescope exported from Bulgaria worldwide, together comprising 81% of total exports.

Malaysia, with a CAGR of +112.9%, saw the highest rates of growth with regard to 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

In 2021, the average optical telescope export price amounted to $X per unit, jumping by 113% against the previous year. In general, the export price, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2014 an increase of 116% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Jordan ($X per unit), while the average price for exports to Russia ($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 Italy (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.

Optical Telescope Imports

Imports into Bulgaria

Optical telescope imports into Bulgaria surged to X units in 2021, rising by 543% on 2020 figures. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, optical telescope imports soared to $X in 2021. In general, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main supplier of optical telescope to Bulgaria, accounting for a 99% share of total imports. It was followed by the United States (X units), with a 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +103.5%.

In value terms, China ($X) constituted the largest supplier of optical telescope to Bulgaria, comprising 87% of total imports. The second position in the ranking was taken by the United States ($X), with a 2.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +104.8%.

Import Prices by Country

The average optical telescope import price stood at $X per unit in 2021, dropping by -66.6% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 69%. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for optical telescopes in the world?

China constituted the country with the largest volume of optical telescope consumption, accounting for 44% of total volume. Moreover, optical telescope consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The UK ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of optical telescopes in the world?

The country with the largest volume of optical telescope production was China, comprising approx. 96% of total volume.

What are the leading suppliers of optical telescopes to Bulgaria?

In value terms, China constituted the largest supplier of optical telescope to Bulgaria, comprising 87% of total imports. The second position in the ranking was occupied by Germany, with a 3.1% share of total imports.

What are the leading importers of optical telescopes from Bulgaria?

In value terms, Niger, Malaysia and Egypt were the largest markets for optical telescope exported from Bulgaria worldwide, together comprising 66% of total exports.

What is the average export price for optical telescopes in Bulgaria?

The average optical telescope export price stood at $1,273 per unit in 2021, jumping by 180% against the previous year.

What is the average import price for optical telescopes in Bulgaria?

The average optical telescope import price stood at $17 per unit in 2021, with a decrease of -64.3% against the previous year.

This report provides an in-depth analysis of the optical telescope 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 26702250 - Instruments (excluding binoculars) such as optical telescopes

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023