Telephonic Switching Apparatus Market Overview in Bulgaria
In value terms, telephonic switching apparatus production soared to $ in 2019 estimated in export prices. Over the period under review, production enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2011 when the production volume increased by % y-o-y. Telephonic switching apparatus production peaked at $ in 2017; however, from 2018 to 2019, production stood at a somewhat lower figure.
The size of the telephonic switching apparatus market in Bulgaria stood at $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated tangible growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2017 indices. The pace of growth appeared the most rapid in 2008 with an increase of % y-o-y. Over the period under review, the market hit record highs at $ in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.