Bulgaria - Medical, Surgical Or Veterinary Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedical Furniture Price in Bulgaria - 2023
Contents:
- Medical Furniture Price in Bulgaria (FOB) - 2023
- Medical Furniture Price in Bulgaria (CIF) - 2022
- Medical Furniture Exports in Bulgaria
- Medical Furniture Imports in Bulgaria
Medical Furniture Price in Bulgaria (FOB) - 2023
The average medical furniture export price stood at $29.7 per unit in August 2023, waning by -30.7% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 102% m-o-m. Over the period under review, the average export prices reached the maximum at $42.9 per unit in July 2023, and then contracted sharply in the following month.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Australia ($498 per unit), while the average price for exports to Ukraine ($18.9 per unit) was amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Medical Furniture Price in Bulgaria (CIF) - 2022
In 2022, the average medical furniture import price amounted to $14 per unit, increasing by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2013 an increase of 29%. As a result, import price attained the peak level of $22 per unit. From 2014 to 2022, the average 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 Netherlands ($75 per unit), while the price for Switzerland ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Medical Furniture Exports in Bulgaria
In 2022, approx. 319K units of medical, surgical or veterinary furniture were exported from Bulgaria; growing by 20% against 2021. Over the period under review, exports, however, saw a pronounced slump. Over the period under review, the exports attained the peak figure at 353K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, medical furniture exports soared to $5.6M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Medical Furniture in Bulgaria (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 304 | 1,515 | 709 | 498 | 17.9% |
Thailand | 21.8 | 66.5 | 38.6 | 481 | 180.5% |
Netherlands | 510 | 466 | 357 | 392 | -8.4% |
Poland | 53.9 | 96.3 | 73.0 | 385 | 92.6% |
Indonesia | 29.1 | 47.5 | 56.5 | 283 | 113.5% |
Romania | 145 | 83.9 | 220 | 260 | 21.5% |
Finland | 117 | 85.1 | 51.0 | 187 | 16.9% |
Slovakia | 142 | 162 | 121 | 182 | 8.6% |
France | 197 | 239 | 133 | 173 | -4.2% |
Italy | 138 | 141 | 163 | 155 | 3.9% |
Czech Republic | 87.3 | 127 | 207 | 153 | 20.6% |
Ecuador | 13.1 | 19.8 | 37.1 | 126 | 112.7% |
Spain | 158 | 161 | 92.0 | 95.5 | -15.4% |
Others | 1,607 | 1,020 | 1,567 | 2,221 | 11.4% |
Total | 3,523 | 4,232 | 3,825 | 5,590 | 16.6% |
Top Export Markets for Medical Furniture from Bulgaria in 2022:
- Greece (45.4K units)
- Netherlands (44.7K units)
- Finland (27.5K units)
- Italy (17.9K units)
- Thailand (17.4K units)
- Slovakia (17.3K units)
- Poland (14.8K units)
- France (13.3K units)
- Romania (11.6K units)
- Indonesia (11.0K units)
- Spain (10.7K units)
- Czech Republic (7.8K units)
- Ecuador (5.3K units)
Medical Furniture Imports in Bulgaria
In 2022, after three years of growth, there was significant decline in overseas purchases of medical, surgical or veterinary furniture, when their volume decreased by -28.1% to 336K units. In general, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2020 when imports increased by 55%. Over the period under review, imports hit record highs at 468K units in 2021, and then contracted remarkably in the following year.
In value terms, medical furniture imports dropped rapidly to $4.8M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 51% against the previous year. Imports peaked at $5.7M in 2021, and then declined rapidly in the following year.
Import of Medical Furniture in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 497 | 744 | 905 | 945 | 23.9% |
Turkey | 385 | 468 | 957 | 742 | 24.4% |
Netherlands | 60.3 | 32.9 | 375 | 648 | 120.7% |
Czech Republic | 461 | 342 | 351 | 511 | 3.5% |
Italy | 283 | 542 | 501 | 416 | 13.7% |
Germany | 246 | 649 | 471 | 355 | 13.0% |
France | 99.4 | 361 | 531 | 272 | 39.9% |
Poland | 156 | 203 | 220 | 268 | 19.8% |
Hungary | 451 | 483 | 328 | 174 | -27.2% |
Russia | N/A | 33.4 | 39.2 | 45.0 | 16.1% |
Switzerland | 25.7 | 41.2 | 68.5 | 11.0 | -24.6% |
Others | 426 | 757 | 909 | 390 | -2.9% |
Total | 3,091 | 4,656 | 5,655 | 4,776 | 15.6% |
Top Suppliers of Medical Furniture to Bulgaria in 2022:
- China (115.7K units)
- Turkey (62.3K units)
- Germany (50.6K units)
- Czech Republic (20.8K units)
- France (16.9K units)
- Italy (14.4K units)
- Poland (8.8K units)
- Netherlands (8.6K units)
- Switzerland (8.2K units)
- Russia (8.0K units)
- Hungary (7.5K units)
This report provides an in-depth analysis of the medical furniture 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 32503050 - Medical, surgical or veterinary furniture, and parts thereof (excluding tables and seats specialised for X-ray purposes)
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
This report provides an in-depth analysis of the medical furniture market in Bulgaria.
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This report provides an in-depth analysis of the medical furniture market in Bulgaria.
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This report provides an in-depth analysis of the global medical furniture market.
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