| Product Code: ETC6543223 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Bulgaria continued to heavily rely on imports of battery pack modules, with top exporters being China, Hungary, Poland, UAE, and Malaysia. Despite high concentration indicated by the Herfindahl-Hirschman Index (HHI), the Market Top 5 Importing Countries and Market Competition (HHI) Analysis experienced significant growth with a CAGR of 22.77% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -10.78%, which may warrant further analysis to understand the Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics and potential challenges faced by importers in Bulgaria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Battery Pack Modules Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Battery Pack Modules Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Battery Pack Modules Market - Industry Life Cycle |
3.4 Bulgaria Battery Pack Modules Market - Porter's Five Forces |
3.5 Bulgaria Battery Pack Modules Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Bulgaria Battery Pack Modules Market Revenues & Volume Share, By Rechargeability, 2021 & 2031F |
3.7 Bulgaria Battery Pack Modules Market Revenues & Volume Share, By Cell Type, 2021 & 2031F |
3.8 Bulgaria Battery Pack Modules Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.9 Bulgaria Battery Pack Modules Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Bulgaria Battery Pack Modules Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Bulgaria |
4.2.2 Growing focus on renewable energy sources |
4.2.3 Technological advancements in battery pack modules |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up battery pack module manufacturing facilities |
4.3.2 Lack of skilled workforce in the battery technology sector |
4.3.3 Regulatory challenges and changing government policies regarding energy storage solutions |
5 Bulgaria Battery Pack Modules Market Trends |
6 Bulgaria Battery Pack Modules Market, By Types |
6.1 Bulgaria Battery Pack Modules Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Battery Pack Modules Market Revenues & Volume, By Battery Type, 2021- 2031F |
6.1.3 Bulgaria Battery Pack Modules Market Revenues & Volume, By Alkaline Battery, 2021- 2031F |
6.1.4 Bulgaria Battery Pack Modules Market Revenues & Volume, By Lithium Ceramic Battery, 2021- 2031F |
6.1.5 Bulgaria Battery Pack Modules Market Revenues & Volume, By Nickel Metal Hydride Battery, 2021- 2031F |
6.1.6 Bulgaria Battery Pack Modules Market Revenues & Volume, By Lithium-ion Battery, 2021- 2031F |
6.1.7 Bulgaria Battery Pack Modules Market Revenues & Volume, By Nickel Cadmium Battery, 2021- 2031F |
6.1.8 Bulgaria Battery Pack Modules Market Revenues & Volume, By Lead Acid Battery, 2021- 2031F |
6.2 Bulgaria Battery Pack Modules Market, By Rechargeability |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Battery Pack Modules Market Revenues & Volume, By Primary, 2021- 2031F |
6.2.3 Bulgaria Battery Pack Modules Market Revenues & Volume, By Secondary, 2021- 2031F |
6.3 Bulgaria Battery Pack Modules Market, By Cell Type |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Battery Pack Modules Market Revenues & Volume, By Cylindrical, 2021- 2031F |
6.3.3 Bulgaria Battery Pack Modules Market Revenues & Volume, By Prismatic, 2021- 2031F |
6.3.4 Bulgaria Battery Pack Modules Market Revenues & Volume, By Pouch, 2021- 2031F |
6.4 Bulgaria Battery Pack Modules Market, By Battery Capacity |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Battery Pack Modules Market Revenues & Volume, By >20 kWh, 2021- 2031F |
6.4.3 Bulgaria Battery Pack Modules Market Revenues & Volume, By 30-60 kWh, 2021- 2031F |
6.4.4 Bulgaria Battery Pack Modules Market Revenues & Volume, By 60-80 kWh, 2021- 2031F |
6.4.5 Bulgaria Battery Pack Modules Market Revenues & Volume, By More than 80 kWh, 2021- 2031F |
6.5 Bulgaria Battery Pack Modules Market, By End-use |
6.5.1 Overview and Analysis |
6.5.2 Bulgaria Battery Pack Modules Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021- 2031F |
6.5.3 Bulgaria Battery Pack Modules Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle (PHEV), 2021- 2031F |
6.5.4 Bulgaria Battery Pack Modules Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021- 2031F |
6.5.5 Bulgaria Battery Pack Modules Market Revenues & Volume, By Others, 2021- 2031F |
7 Bulgaria Battery Pack Modules Market Import-Export Trade Statistics |
7.1 Bulgaria Battery Pack Modules Market Export to Major Countries |
7.2 Bulgaria Battery Pack Modules Market Imports from Major Countries |
8 Bulgaria Battery Pack Modules Market Key Performance Indicators |
8.1 Average price of battery pack modules in the Bulgarian market |
8.2 Number of new partnerships or collaborations between battery pack module manufacturers and electric vehicle companies in Bulgaria |
8.3 Percentage of energy generated from renewable sources in Bulgaria's total energy consumption |
8.4 Research and development investment in battery technology in Bulgaria |
8.5 Adoption rate of battery pack modules in different industries in Bulgaria |
9 Bulgaria Battery Pack Modules Market - Opportunity Assessment |
9.1 Bulgaria Battery Pack Modules Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Bulgaria Battery Pack Modules Market Opportunity Assessment, By Rechargeability, 2021 & 2031F |
9.3 Bulgaria Battery Pack Modules Market Opportunity Assessment, By Cell Type, 2021 & 2031F |
9.4 Bulgaria Battery Pack Modules Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.5 Bulgaria Battery Pack Modules Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Bulgaria Battery Pack Modules Market - Competitive Landscape |
10.1 Bulgaria Battery Pack Modules Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Battery Pack Modules Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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