| Product Code: ETC11853642 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Bulgaria`s electrical grid import Market Top 5 Importing Countries and Market Competition (HHI) Analysis saw significant growth with a high compound annual growth rate (CAGR) of 22.94% from 2020 to 2024. The top exporting countries to Bulgaria included China, Germany, Turkey, USA, and Italy. Despite the growing imports, Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low in 2024. The steady growth rate of 3.48% from 2023 to 2024 indicates a stable and promising Market Top 5 Importing Countries and Market Competition (HHI) Analysis for electrical grid imports 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 Electrical Grid Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Electrical Grid Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Electrical Grid Market - Industry Life Cycle |
3.4 Bulgaria Electrical Grid Market - Porter's Five Forces |
3.5 Bulgaria Electrical Grid Market Revenues & Volume Share, By Grid Type, 2021 & 2031F |
3.6 Bulgaria Electrical Grid Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.7 Bulgaria Electrical Grid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Bulgaria Electrical Grid Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Bulgaria Electrical Grid Market Revenues & Volume Share, By Voltage Level, 2021 & 2031F |
4 Bulgaria Electrical Grid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investment in renewable energy sources to reduce carbon emissions and promote sustainability |
4.2.2 Government initiatives and regulations aimed at modernizing and upgrading the electrical grid infrastructure |
4.2.3 Growing demand for electricity due to economic development and increasing urbanization |
4.3 Market Restraints |
4.3.1 Challenges in integrating intermittent renewable energy sources into the grid |
4.3.2 Aging grid infrastructure leading to reliability and maintenance issues |
4.3.3 Limited funding and budget constraints for grid modernization projects |
5 Bulgaria Electrical Grid Market Trends |
6 Bulgaria Electrical Grid Market, By Types |
6.1 Bulgaria Electrical Grid Market, By Grid Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Electrical Grid Market Revenues & Volume, By Grid Type, 2021 - 2031F |
6.1.3 Bulgaria Electrical Grid Market Revenues & Volume, By Transmission Grid, 2021 - 2031F |
6.1.4 Bulgaria Electrical Grid Market Revenues & Volume, By Distribution Grid, 2021 - 2031F |
6.1.5 Bulgaria Electrical Grid Market Revenues & Volume, By Smart Grid, 2021 - 2031F |
6.1.6 Bulgaria Electrical Grid Market Revenues & Volume, By Microgrid, 2021 - 2031F |
6.2 Bulgaria Electrical Grid Market, By Features |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Electrical Grid Market Revenues & Volume, By High Voltage, 2021 - 2031F |
6.2.3 Bulgaria Electrical Grid Market Revenues & Volume, By Medium Voltage, 2021 - 2031F |
6.2.4 Bulgaria Electrical Grid Market Revenues & Volume, By Digital Monitoring, 2021 - 2031F |
6.2.5 Bulgaria Electrical Grid Market Revenues & Volume, By Self-Sufficient, 2021 - 2031F |
6.3 Bulgaria Electrical Grid Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Electrical Grid Market Revenues & Volume, By Power Generation, 2021 - 2031F |
6.3.3 Bulgaria Electrical Grid Market Revenues & Volume, By Industrial Power Supply, 2021 - 2031F |
6.3.4 Bulgaria Electrical Grid Market Revenues & Volume, By Renewable Energy Integration, 2021 - 2031F |
6.3.5 Bulgaria Electrical Grid Market Revenues & Volume, By Remote & Off-Grid Areas, 2021 - 2031F |
6.4 Bulgaria Electrical Grid Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Electrical Grid Market Revenues & Volume, By Utility Companies, 2021 - 2031F |
6.4.3 Bulgaria Electrical Grid Market Revenues & Volume, By Manufacturing Units, 2021 - 2031F |
6.4.4 Bulgaria Electrical Grid Market Revenues & Volume, By Energy Providers, 2021 - 2031F |
6.4.5 Bulgaria Electrical Grid Market Revenues & Volume, By Rural Electrification, 2021 - 2031F |
6.5 Bulgaria Electrical Grid Market, By Voltage Level |
6.5.1 Overview and Analysis |
6.5.2 Bulgaria Electrical Grid Market Revenues & Volume, By 110-765 kV, 2021 - 2031F |
6.5.3 Bulgaria Electrical Grid Market Revenues & Volume, By 11-66 kV, 2021 - 2031F |
6.5.4 Bulgaria Electrical Grid Market Revenues & Volume, By 400V-33kV, 2021 - 2031F |
6.5.5 Bulgaria Electrical Grid Market Revenues & Volume, By 400V-11kV, 2021 - 2031F |
7 Bulgaria Electrical Grid Market Import-Export Trade Statistics |
7.1 Bulgaria Electrical Grid Market Export to Major Countries |
7.2 Bulgaria Electrical Grid Market Imports from Major Countries |
8 Bulgaria Electrical Grid Market Key Performance Indicators |
8.1 Percentage of electricity generated from renewable sources in the grid |
8.2 Average age of electrical grid infrastructure components |
8.3 Number of grid modernization projects completed on schedule |
9 Bulgaria Electrical Grid Market - Opportunity Assessment |
9.1 Bulgaria Electrical Grid Market Opportunity Assessment, By Grid Type, 2021 & 2031F |
9.2 Bulgaria Electrical Grid Market Opportunity Assessment, By Features, 2021 & 2031F |
9.3 Bulgaria Electrical Grid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Bulgaria Electrical Grid Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Bulgaria Electrical Grid Market Opportunity Assessment, By Voltage Level, 2021 & 2031F |
10 Bulgaria Electrical Grid Market - Competitive Landscape |
10.1 Bulgaria Electrical Grid Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Electrical Grid 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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