Bulgaria: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Bulgaria

In 2022, the Bulgarian telephonic switching apparatus market increased by X% to $X, rising for the third year in a row after two years of decline. Overall, consumption posted noticeable growth. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Telephonic Switching Apparatus Production in Bulgaria

In value terms, telephonic switching apparatus production fell remarkably to $X in 2022 estimated in export price. In general, production recorded a deep downturn. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Telephonic Switching Apparatus Exports

Exports from Bulgaria

In 2022, the amount of telephonic or telegraphic switching apparatus exported from Bulgaria was estimated at X units, growing by X% against the year before. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, telephonic switching apparatus exports soared to $X in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X units) was the main destination for telephonic switching apparatus exports from Bulgaria, accounting for a X% share of total exports. Moreover, telephonic switching apparatus exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. China (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and China (X% per year).

In value terms, Germany ($X), the Netherlands ($X) and India ($X) were the largest markets for telephonic switching apparatus exported from Bulgaria worldwide, together comprising X% of total exports. The UK, Romania, the United States, China, the United Arab Emirates, Cyprus, Spain, Saudi Arabia, Poland and North Macedonia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of X%, 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

In 2022, the average telephonic switching apparatus export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, saw a mild reduction. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

Telephonic Switching Apparatus Imports

Imports into Bulgaria

In 2022, supplies from abroad of telephonic or telegraphic switching apparatus increased by X% to X units, rising for the sixth consecutive year after two years of decline. In general, imports showed a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, telephonic switching apparatus imports surged to $X in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), the Netherlands (X units) and Romania (X units) were the main suppliers of telephonic switching apparatus imports to Bulgaria, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest telephonic switching apparatus suppliers to Bulgaria were the Netherlands ($X), the Czech Republic ($X) and China ($X), with a combined X% share of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average telephonic switching apparatus import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price enjoyed a mild increase. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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