Report Update Jan 1, 2025

Bulgaria - Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Remote Control Apparatus Market 2025

Remote Control Apparatus Exports

Exports from Bulgaria

In 2021, approx. X tons of radio remote control apparatus were exported from Bulgaria; rising by 37% compared with the previous year's figure. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 497% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, remote control apparatus exports surged to $X in 2021. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2015 with an increase of 419% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for remote control apparatus exports from Bulgaria, with a 77% share of total exports. Moreover, remote control apparatus exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), sixfold. Romania (X kg) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +42.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+620.9% per year) and Romania (+76.9% per year).

In value terms, Germany ($X), the United States ($X) and Greece ($X) appeared to be the largest markets for remote control apparatus exported from Bulgaria worldwide, with a combined 97% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +502.8%, recorded the highest rates of growth with regard to 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

In 2021, the average remote control apparatus export price amounted to $X per ton, picking up by 64% against the previous year. Overall, the export price recorded strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.

Remote Control Apparatus Imports

Imports into Bulgaria

For the third year in a row, Bulgaria recorded growth in purchases abroad of radio remote control apparatus, which increased by 14% to X tons in 2021. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2014 with an increase of 66%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, remote control apparatus imports soared to $X in 2021. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 266%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Ireland (X tons) constituted the largest supplier of remote control apparatus to Bulgaria, accounting for a 56% share of total imports. Moreover, remote control apparatus imports from Ireland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. The third position in this ranking was held by China (X tons), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Ireland amounted to +100.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+180.3% per year) and China (+60.8% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of radio remote control apparatus to Bulgaria, comprising 62% of total imports. The second position in the ranking was held by Ireland ($X), with a 16% share of total imports. It was followed by Germany, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic stood at +173.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+52.6% per year) and Germany (+21.8% per year).

Import Prices by Country

In 2021, the average remote control apparatus import price amounted to $X per ton, rising by 9% against the previous year. In general, the import price showed a temperate expansion. The pace of growth appeared the most rapid in 2014 an increase of 120% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for radio remote control apparatus in the world?

The country with the largest volume of remote control apparatus consumption was the United States, accounting for 21% of total volume. Moreover, remote control apparatus consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by India, with a 6.7% share.

What are the largest producers of radio remote control apparatus in the world?

China constituted the country with the largest volume of remote control apparatus production, comprising approx. 38% of total volume. Moreover, remote control apparatus production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Mexico, with a 4.4% share.

What are the leading suppliers of radio remote control apparatus to Bulgaria?

In value terms, the Czech Republic constituted the largest supplier of remote control apparatus to Bulgaria, comprising 64% of total imports. The second position in the ranking was occupied by Ireland, with an 18% share of total imports. It was followed by Germany, with a 4.8% share.

What are the leading importers of radio remote control apparatus from Bulgaria?

In value terms, Germany remains the key foreign market for remote control apparatus exports from Bulgaria, comprising 73% of total exports. The second position in the ranking was occupied by Thailand, with a 13% share of total exports. It was followed by Greece, with a 4.4% share.

What is the average export price for radio remote control apparatus in Bulgaria?

In 2020, the average remote control apparatus export price amounted to $7.7 per unit, surging by 29% against the previous year.

What is the average import price for radio remote control apparatus in Bulgaria?

The average remote control apparatus import price stood at $3.7 per unit in 2020, reducing by -32.2% against the previous year.

This report provides an in-depth analysis of the remote control apparatus 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 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024