Bulgaria - Syringes, With or Without Needles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSyringe Price in Bulgaria - 2023
Contents:
- Syringe Price in Bulgaria (CIF) - 2023
- Syringe Price in Bulgaria (FOB) - 2022
- Syringe Imports in Bulgaria
- Syringe Exports in Bulgaria
Syringe Price in Bulgaria (CIF) - 2023
The average syringe import price stood at $149 per thousand units in June 2023, jumping by 210% against the previous month. Over the period under review, the import price continues to indicate a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($531 per thousand units), while the price for Slovakia ($43.0 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Syringe Price in Bulgaria (FOB) - 2022
In 2022, the average syringe export price amounted to $0.3 per unit, surging by 93% against the previous year. Over the period under review, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 347% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($4.2 per unit), while the average price for exports to Moldova ($0.2 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 Serbia (+69.8%), while the prices for the other major destinations experienced more modest paces of growth.
Syringe Imports in Bulgaria
In 2022, imports of syringes, with or without needles into Bulgaria dropped markedly to 84M units, waning by -18.8% on 2021. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of 103M units, and then declined significantly in the following year.
In value terms, syringe imports stood at $5.6M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +51.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Syringe in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 956 | 699 | 2,003 | 1,407 | 13.7% |
| Slovakia | 388 | 324 | 435 | 748 | 24.5% |
| Denmark | 926 | 944 | 523 | 523 | -17.3% |
| Germany | 393 | 479 | 477 | 519 | 9.7% |
| Belgium | 344 | 286 | 488 | 396 | 4.8% |
| Italy | 135 | 94.3 | 157 | 263 | 24.9% |
| Romania | 209 | 133 | 222 | 224 | 2.3% |
| Turkey | 0.6 | 7.2 | 119 | 109 | 466.4% |
| India | 0.6 | N/A | N/A | 80.9 | 412.8% |
| Slovenia | N/A | N/A | 42.0 | 68.5 | 63.1% |
| Others | 950 | 751 | 1,134 | 1,292 | 10.8% |
| Total | 4,303 | 3,718 | 5,600 | 5,630 | 9.4% |
Top Suppliers of Syringe to Bulgaria in 2022:
- China (38.5M units)
- Slovakia (14.2M units)
- Belgium (11.8M units)
- Italy (2.8M units)
- Romania (2.7M units)
- Germany (2.5M units)
- Turkey (2.4M units)
- India (1.9M units)
- Slovenia (1.6M units)
- Denmark (1.4M units)
Syringe Exports in Bulgaria
In 2022, exports of syringes, with or without needles from Bulgaria declined to 5.7M units, which is down by -13.3% compared with the previous year. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, the exports attained the peak of 6.6M units, and then reduced in the following year.
In value terms, syringe exports skyrocketed to $1.7M in 2022. Overall, exports, however, showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Syringe in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | N/A | N/A | N/A | 807 | 0% |
| Greece | 856 | 342 | 349 | 747 | -4.4% |
| Moldova | 5.1 | N/A | N/A | 28.6 | 77.7% |
| Turkey | 51.5 | 279 | 52.1 | N/A | 0.6% |
| Others | 122 | 380 | 642 | 162 | 9.9% |
| Total | 1,034 | 1,001 | 1,042 | 1,745 | 19.1% |
Top Export Markets for Syringe from Bulgaria in 2022:
- Morocco (3.1M units)
- Greece (2.4M units)
- Moldova (0.2M units)
This report provides an in-depth analysis of the syringe 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 32501311 - Syringes, with or without needles, used in medical, surgical, d ental or veterinary sciences
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
-
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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