| Product Code: ETC4648228 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s home decor import Market Top 5 Importing Countries and Market Competition (HHI) Analysis continues to thrive with top exporters including China, Germany, Turkey, Poland, and Hong Kong. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by HHI, significantly increased from 2023 to 2024, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 20.48% from 2020 to 2024 highlights the sustained demand for imported home decor products in Bulgaria. Although the growth rate slightly slowed from 2023 to 2024 at 1.71%, the overall outlook remains positive for the industry.

Bulgaria's Home Decor market is anticipated to experience a stable growth rate of 0.02% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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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