Bulgaria - Electro-Cardiographs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingECG Price in Bulgaria - 2023
Contents:
- ECG Price in Bulgaria (FOB) - 2022
- ECG Price in Bulgaria (CIF) - 2022
- ECG Exports in Bulgaria
- ECG Imports in Bulgaria
ECG Price in Bulgaria (FOB) - 2022
The average ECG export price stood at $1,497 per unit in 2022, declining by -3.8% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ECG export price increased by +11.3% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 36%. Over the period under review, the average export prices reached the maximum at $2,029 per unit in 2019; however, from 2020 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 Mexico ($3,486 per unit), while the average price for exports to the United Arab Emirates ($305 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 Mexico (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
ECG Price in Bulgaria (CIF) - 2022
In 2022, the average ECG import price amounted to $800 per unit, reducing by -9.9% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ECG import price increased by +25.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 39%. The import price peaked at $1,017 per unit in 2018; however, from 2019 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 the Czech Republic ($3,007 per unit), while the price for Poland ($158 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 (+18.7%), while the prices for the other major suppliers experienced mixed trend patterns.
ECG Exports in Bulgaria
In 2022, approx. 5K units of electro-cardiographs were exported from Bulgaria; growing by 56% on the year before. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ECG exports skyrocketed to $7.4M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of ECG in Bulgaria (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 552 | 729 | 572 | 940 | 19.4% |
Mexico | 97.1 | 345 | 163 | 910 | 110.8% |
Poland | 711 | 876 | 826 | 846 | 6.0% |
Philippines | 291 | 263 | 295 | 698 | 33.9% |
Romania | 1,388 | 457 | 775 | 696 | -20.6% |
Kazakhstan | 301 | 577 | 510 | 689 | 31.8% |
Czech Republic | 355 | 483 | 395 | 487 | 11.1% |
Uzbekistan | 396 | 38.5 | 39.2 | 159 | -26.2% |
El Salvador | 63.5 | 19.2 | 33.3 | 153 | 34.1% |
Slovakia | 157 | 105 | 109 | 146 | -2.4% |
Vietnam | 58.6 | 42.0 | 156 | 140 | 33.7% |
Armenia | 2.4 | 78.4 | 17.5 | 70.7 | 208.8% |
United Arab Emirates | 33.7 | 3.2 | 2.4 | 56.1 | 18.5% |
Others | 1,841 | 1,354 | 1,070 | 1,437 | -7.9% |
Total | 6,248 | 5,370 | 4,963 | 7,427 | 5.9% |
Top Export Markets for ECG from Bulgaria in 2022:
- Philippines (673.0 units)
- Indonesia (474.0 units)
- Kazakhstan (468.0 units)
- Poland (368.0 units)
- Romania (314.0 units)
- El Salvador (312.0 units)
- Czech Republic (261.0 units)
- Mexico (261.0 units)
- Uzbekistan (207.0 units)
- United Arab Emirates (184.0 units)
- Vietnam (171.0 units)
- Armenia (143.0 units)
- Slovakia (99.0 units)
ECG Imports in Bulgaria
In 2022, the amount of electro-cardiographs imported into Bulgaria skyrocketed to 2.4K units, with an increase of 72% on the year before. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ECG imports skyrocketed to $1.9M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of ECG in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 653 | 304 | 519 | 901 | 11.3% |
China | 142 | 414 | 275 | 377 | 38.5% |
Germany | 37.0 | 135 | 94.9 | 260 | 91.5% |
Hong Kong SAR | 74.2 | 80.5 | 70.7 | 62.6 | -5.5% |
Netherlands | 22.4 | 20.5 | 7.5 | 55.1 | 35.0% |
United States | 63.4 | 14.0 | 0.3 | 41.2 | -13.4% |
Switzerland | 40.9 | 35.1 | 72.7 | 40.0 | -0.7% |
Poland | 16.5 | 13.4 | 18.7 | 25.6 | 15.8% |
Spain | 14.7 | 15.3 | 10.5 | 13.3 | -3.3% |
Others | 113 | 87.0 | 168 | 146 | 8.9% |
Total | 1,177 | 1,118 | 1,238 | 1,921 | 17.7% |
Top Suppliers of ECG to Bulgaria in 2022:
- China (847.0 units)
- Germany (527.0 units)
- Czech Republic (300.0 units)
- Poland (163.0 units)
- Netherlands (123.0 units)
- United States (100.0 units)
- Hong Kong SAR (84.0 units)
- Spain (75.0 units)
- Switzerland (52.0 units)
This report provides an in-depth analysis of the ecg 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 26601230 - Electro-cardiographs
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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