Market research

Radio remote control apparatus market in Bulgaria

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

Between 2020 and 2023, the Bulgarian market for radio remote control apparatus experienced a period of fluctuation. Market volume peaked in 2021 at 141 thousand units, representing a 5% increase from the 134.4 thousand units recorded in 2020. This growth was accompanied by a rise in market value to 8.3 million USD. However, the market contracted over the next two years, with volume declining to 118.9 thousand units in 2022 and further to 113.2 thousand units in 2023. In value terms, the market fell to 7.1 million USD in 2022 and then to 6.0 million USD in 2023.

Domestic production mirrored this volatility. Output increased from 35.6 thousand units in 2020 to 49.6 thousand units in 2021, a surge of over 39%. This was followed by a sharp decline of nearly 73% to 13.2 thousand units in 2022. Production partially recovered in 2023, reaching 42.9 thousand units, which was still below the 2021 peak. In monetary terms, production value followed a similar pattern, rising to 1.2 million USD in 2021 before falling and then stabilizing around 1.1 million USD in 2023.

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, 2020-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2020-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2020-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2020-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bulgaria
  1. 5.1.1. In kind, 2020-2023, unit
  2. 5.1.2. In value, 2020-2023, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, unit
  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, K unit
    1. 6.1.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, K unit
    2. 6.1.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, K unit
    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/unit
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/unit
    2. 6.1.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/unit
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K unit
    1. 6.2.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, K unit
    2. 6.2.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, K unit
    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/unit
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/unit
    2. 6.2.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/unit
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K unit
    1. 7.1.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, K unit
    2. 7.1.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, K unit
    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/unit
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/unit
    2. 7.1.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/unit
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K unit
    1. 7.2.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, K unit
    2. 7.2.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, K unit
    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/unit
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/unit
    2. 7.2.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K unit
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K unit
  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 radio remote control apparatus in Bulgaria

In value, 2017-2020, K $ US

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

In kind, 2017-2020, unit

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports radio remote control apparatus from Bulgaria

Exports in kind, K unit

Bulgaria's exports of radio remote control apparatus have grown for the third year in a row. In 2020, the country exported 7.1 thousand units, marking a 29.6% increase compared to 2019. Looking at the broader period from 2017 to 2020, exports surged by 432%, which translates to an average annual growth rate of 74.6%.

Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, K unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	212.5%	31.3%	29.6%	74.6%

Source: SHEV.io

From 2017 to 2020, Germany accounted for 71.9% of Bulgaria's total exports of radio remote control apparatus in volume terms. The remaining exports were distributed among various smaller trading partners.

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

Bulgaria's export value of radio remote control apparatus has risen for the third consecutive year. In 2020, exports reached 755 thousand US dollars, up 12.0% from the previous year. Between 2017 and 2020, export value increased by 235.4%, with an average annual growth rate of 49.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	181.2%	6.5%	12.0%	49.7%

Source: SHEV.io

During the 2017–2020 period, Germany dominated Bulgaria's export value of radio remote control apparatus, capturing 80.6% of the total. The rest was spread across multiple smaller markets.

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 radio remote control apparatus to Bulgaria

Imports in kind, K unit

Bulgaria's imports of radio remote control apparatus have increased for the third year in a row. In 2020, import volume stood at 105.9 thousand units, reflecting a solid 23.0% rise compared to 2019. Over the 2017-2020 period, imports grew by 156.8%, averaging an annual growth rate of 36.9%.

Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, K unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	28.7%	62.1%	23.0%	36.9%

Source: SHEV.io

From 2017 to 2020, the three largest sources for Bulgaria's imports of radio remote control apparatus in volume terms were Ireland, Czechia, and China. Together, they accounted for 81.7% of total imports.

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's import value of radio remote control apparatus has declined for the second consecutive year. In 2020, imports totaled 7 027 thousand US dollars, down 14.2% from the previous year. Over the 2017-2020 period, import value decreased by 5.5%, with an average annual decline of 1.9%. The peak value was recorded in 2018 at 8 443 thousand US dollars, which also saw the largest increase of 13.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.5%	(2.9%)	(14.2%)	(1.9%)

Source: SHEV.io

In the 2017–2020 period, Czechia and Ireland were the leading sources for Bulgaria's import value of radio remote control apparatus, together making up 84.5% of total flows. The remainder was shared among other destinations.

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