Market research

Ceramic electrical insulators market in Bulgaria

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for ceramic electrical insulators in Bulgaria, measured in value, began the period at 3.1 million USD in 2018 before experiencing a slight contraction and stabilization, with the market size settling near 2.8 million USD by 2020.

A period of significant growth followed, driving the market value to a peak of 6.9 million USD in 2022. This expansion was interrupted in 2023, when the market corrected to 5.4 million USD.

In 2024, the market value rebounded to 6.0 million USD. This recovery coincided with the liberalization of Bulgaria's energy sector and the implementation of European Union regulations, measures which typically stimulate investment in electrical infrastructure and boost demand for components like insulators.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2021, 2023-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2021, 2023-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bulgaria
  1. 5.1.1. In kind, 2018-2021, 2023-2024, t
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production ceramic electrical insulators in Bulgaria

In value, 2017-2020, K $ US

Bulgaria's production of ceramic electrical insulators has declined for the third consecutive year. In 2020, output was valued at 342 thousand US dollars, marking a sharp decrease of 29.8% compared to 2019. From 2017 to 2020, production fell by 71.7%, which translates to an annualized decline rate of 34.4%.

Annual dynamics of production in Bulgaria in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(32.3%)	(40.5%)	(29.8%)	(34.4%)

Source: SHEV.io

In kind, 2017-2020, t

After a two-year decline, Bulgaria's production of ceramic electrical insulators increased in 2020. Output reached 126.6 tonnes, reflecting a gradual gain of 6.7% compared to 2019. Over the period from 2017 to 2020, production decreased by 28.2%, with a compound annual growth rate of -10.5%. The lowest production level was recorded in 2019 at 118.6 tonnes, which also saw the largest decline of 22.2%.

Annual dynamics of production in Bulgaria in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.5%)	(22.2%)	6.7%	(10.5%)

Source: SHEV.io

Exports ceramic electrical insulators from Bulgaria

Exports in kind, t

The data shows irregular changes, indicating a volatile market environment. Exports peaked in 2017 and reached their lowest point in 2020, with a 3.2-fold difference between these years. In 2020, ceramic electrical insulators exports from Bulgaria amounted to 43.1 tonnes, down by 60.9% from 2019. The largest increase was recorded in 2019 at 28.7%.

Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(37.0%)	28.7%	(60.9%)	(31.8%)

Source: SHEV.io

From 2017 to 2020, Serbia, Italy, and Hungary were the main markets for Bulgaria's ceramic electrical insulators exports in kind. Serbia accounted for 34.3% of exports, Italy for 30.7%, and Hungary for 17.3%, together representing 82.2% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Bulgaria in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

In 2020, foreign supplies of ceramic electrical insulators from Bulgaria were recorded at 287 thousand US dollars, showing a dramatic decline of 53.4% year-on-year. Over the period from 2017 to 2020, exports decreased by 62.3%, with a compound annual growth rate of -27.7%. The largest increase was recorded in 2019 at 13.5%.

Annual dynamics of product's exports from Bulgaria in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(28.6%)	13.5%	(53.4%)	(27.7%)

Source: SHEV.io

From 2017 to 2020, Italy and Serbia formed a dominant pair of markets for Bulgaria's ceramic electrical insulators exports in value terms, jointly accounting for 80.9% of total flows, while other countries made up the remaining share.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Bulgaria in value, 2017-2020

Source: SHEV.io

Imports ceramic electrical insulators to Bulgaria

Imports in kind, t

In 2020, Bulgaria's import volume of ceramic electrical insulators totaled 449.7 tonnes, which is 5.3% less than the previous year. Between 2017 and 2020, imports decreased by 12%, equating to an annualized decline rate of 4.2%. The largest decline was recorded in 2018 at 11.8%, while the largest increase occurred in 2019 at 5.3%.

Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(11.8%)	5.3%	(5.3%)	(4.2%)

Source: SHEV.io

From 2017 to 2020, China, Italy, and Vietnam formed the main cluster of markets for Bulgaria's ceramic electrical insulators imports in kind. China accounted for 57.6% of imports, Italy for 22.3%, and Vietnam for 7.3%, together representing 87.2% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bulgaria in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Bulgaria imported approximately 2 786 thousand US dollars worth of ceramic electrical insulators in 2020, indicating a modest fall of 6.6% from the previous year. Between 2017 and 2020, imports decreased by 22%, equating to an annualized decline rate of 7.9%. The largest decline was recorded in 2018 at 20.8%, while the largest increase was in 2019 at 5.5%.

Annual dynamics of product's imports to Bulgaria in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(20.8%)	5.5%	(6.6%)	(7.9%)

Source: SHEV.io

Throughout 2017 to 2020, Italy, Vietnam, and China played leading roles in Bulgaria's ceramic electrical insulators imports in value terms. Italy accounted for 42.0% of imports, Vietnam for 22.2%, and China for 14.9%, jointly taking 79.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bulgaria in value, 2017-2020

Source: SHEV.io