Bulgaria: Tv Without Reception Market 2024

Tv Without Reception Market Size in Bulgaria

In 2022, the Bulgarian TV without reception market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption showed a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Tv Without Reception Production in Bulgaria

In value terms, TV without reception production surged to $X in 2022 estimated in export price. In general, production, however, posted a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 117%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Tv Without Reception Exports

Exports from Bulgaria

After two years of growth, overseas shipments of transmission apparatus for radio-broadcasting and television (without reception apparatus) decreased by -40.3% to X units in 2022. In general, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 121%. The exports peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, TV without reception exports expanded notably to $X in 2022. Over the period under review, exports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2016 with an increase of 205% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X units) was the main destination for TV without reception exports from Bulgaria, accounting for a 54% share of total exports. Moreover, TV without reception exports to India exceeded the volume sent to the second major destination, the United States (X units), fivefold. Bahrain (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume to India amounted to +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+50.6% per year) and Bahrain (+184.3% per year).

In value terms, India ($X) remains the key foreign market for transmission apparatus for radio-broadcasting and television (without reception apparatus) exports from Bulgaria, comprising 49% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 14% share of total exports. It was followed by Egypt, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+184.3% per year) and Egypt (-12.0% per year).

Export Prices by Country

In 2022, the average TV without reception export price amounted to $X per unit, with an increase of 87% against the previous year. Overall, the export price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 170% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Hungary ($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 Indonesia (+94.9%), while the prices for the other major destinations experienced more modest paces of growth.

Tv Without Reception Imports

Imports into Bulgaria

In 2022, overseas purchases of transmission apparatus for radio-broadcasting and television (without reception apparatus) increased by 397% to X units, rising for the second year in a row after two years of decline. In general, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, TV without reception imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a abrupt descent. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Romania (X units) constituted the largest supplier of TV without reception to Bulgaria, with a 59% share of total imports. Moreover, TV without reception imports from Romania exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. The third position in this ranking was held by Hong Kong SAR (X units), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume from Romania amounted to +93.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+28.1% per year) and Hong Kong SAR (-6.3% per year).

In value terms, South Africa ($X), Romania ($X) and the Netherlands ($X) were the largest TV without reception suppliers to Bulgaria, with a combined 68% share of total imports.

In terms of the main suppliers, South Africa, with a CAGR of +80.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average TV without reception import price stood at $X per unit in 2022, dropping by -37.4% against the previous year. Over the period under review, the import price saw a dramatic decline. The pace of growth was the most pronounced in 2014 when the average import price increased by 181%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+24.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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