| Product Code: ETC6547261 | 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 rely on imports for EV batteries, with China, Hungary, Poland, UAE, and Malaysia being the top exporting countries. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 22.77%. The industry`s high Herfindahl-Hirschman Index (HHI) indicates a concentrated Market Top 5 Importing Countries and Market Competition (HHI) Analysis , potentially posing challenges for competition and pricing. Monitoring these trends will be crucial for stakeholders to navigate Bulgaria`s evolving EV battery import landscape.

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 EV Battery Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria EV Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria EV Battery Market - Industry Life Cycle |
3.4 Bulgaria EV Battery Market - Porter's Five Forces |
3.5 Bulgaria EV Battery Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Bulgaria EV Battery Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Bulgaria EV Battery Market Revenues & Volume Share, By Battery Form, 2021 & 2031F |
3.8 Bulgaria EV Battery Market Revenues & Volume Share, By Based on Vehicle Type, 2021 & 2031F |
3.9 Bulgaria EV Battery Market Revenues & Volume Share, By Material type, 2021 & 2031F |
3.10 Bulgaria EV Battery Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.11 Bulgaria EV Battery Market Revenues & Volume Share, By Li-Ion Battery Component, 2021 & 2031F |
4 Bulgaria EV Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for electric vehicles |
4.2.2 Increasing environmental concerns and regulations promoting clean energy |
4.2.3 Advancements in battery technology leading to improved performance and lower costs |
4.3 Market Restraints |
4.3.1 Limited infrastructure for charging stations |
4.3.2 High initial cost of electric vehicles and batteries |
4.3.3 Concerns over the range and charging time of electric vehicles |
5 Bulgaria EV Battery Market Trends |
6 Bulgaria EV Battery Market, By Types |
6.1 Bulgaria EV Battery Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria EV Battery Market Revenues & Volume, By Battery Type, 2021- 2031F |
6.1.3 Bulgaria EV Battery Market Revenues & Volume, By Lead-Acid, 2021- 2031F |
6.1.4 Bulgaria EV Battery Market Revenues & Volume, By Lithium-Ion, 2021- 2031F |
6.1.5 Bulgaria EV Battery Market Revenues & Volume, By Solid-State, 2021- 2031F |
6.1.6 Bulgaria EV Battery Market Revenues & Volume, By Nickel-Metal Hydride, 2021- 2031F |
6.1.7 Bulgaria EV Battery Market Revenues & Volume, By Sodium-Ion, 2021- 2031F |
6.1.8 Bulgaria EV Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Bulgaria EV Battery Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria EV Battery Market Revenues & Volume, By BEV, 2021- 2031F |
6.2.3 Bulgaria EV Battery Market Revenues & Volume, By PHEV, 2021- 2031F |
6.2.4 Bulgaria EV Battery Market Revenues & Volume, By FCEV, 2021- 2031F |
6.2.5 Bulgaria EV Battery Market Revenues & Volume, By HEV, 2021- 2031F |
6.3 Bulgaria EV Battery Market, By Battery Form |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria EV Battery Market Revenues & Volume, By Prismatic, 2021- 2031F |
6.3.3 Bulgaria EV Battery Market Revenues & Volume, By Pouch, 2021- 2031F |
6.3.4 Bulgaria EV Battery Market Revenues & Volume, By Cylindrical, 2021- 2031F |
6.4 Bulgaria EV Battery Market, By Based on Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria EV Battery Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.4.3 Bulgaria EV Battery Market Revenues & Volume, By Vans/Light Trucks, 2021- 2031F |
6.4.4 Bulgaria EV Battery Market Revenues & Volume, By Medium & Heavy Trucks, 2021- 2031F |
6.4.5 Bulgaria EV Battery Market Revenues & Volume, By Buses, 2021- 2031F |
6.4.6 Bulgaria EV Battery Market Revenues & Volume, By Off-Highway Vehicles, 2021- 2031F |
6.5 Bulgaria EV Battery Market, By Material type |
6.5.1 Overview and Analysis |
6.5.2 Bulgaria EV Battery Market Revenues & Volume, By Cobalt, 2021- 2031F |
6.5.3 Bulgaria EV Battery Market Revenues & Volume, By Lithium, 2021- 2031F |
6.5.4 Bulgaria EV Battery Market Revenues & Volume, By Natural Graphite, 2021- 2031F |
6.5.5 Bulgaria EV Battery Market Revenues & Volume, By Manganese, 2021- 2031F |
6.5.6 Bulgaria EV Battery Market Revenues & Volume, By Iron, 2021- 2031F |
6.5.7 Bulgaria EV Battery Market Revenues & Volume, By Phosphate, 2021- 2031F |
6.5.8 Bulgaria EV Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.5.9 Bulgaria EV Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Bulgaria EV Battery Market, By Battery Capacity |
6.6.1 Overview and Analysis |
6.6.2 Bulgaria EV Battery Market Revenues & Volume, By <50 kWh, 2021- 2031F |
6.6.3 Bulgaria EV Battery Market Revenues & Volume, By 50110 kW, 2021- 2031F |
6.6.4 Bulgaria EV Battery Market Revenues & Volume, By 111200 kWh, 2021- 2031F |
6.6.5 Bulgaria EV Battery Market Revenues & Volume, By 201300 kWh, 2021- 2031F |
6.6.6 Bulgaria EV Battery Market Revenues & Volume, By >300 kWh, 2021- 2031F |
6.7 Bulgaria EV Battery Market, By Li-Ion Battery Component |
6.7.1 Overview and Analysis |
6.7.2 Bulgaria EV Battery Market Revenues & Volume, By Positive Electrode, 2021- 2031F |
6.7.3 Bulgaria EV Battery Market Revenues & Volume, By Negative Electrode, 2021- 2031F |
6.7.4 Bulgaria EV Battery Market Revenues & Volume, By Separator, 2021- 2031F |
6.7.5 Bulgaria EV Battery Market Revenues & Volume, By Separator, 2021- 2031F |
7 Bulgaria EV Battery Market Import-Export Trade Statistics |
7.1 Bulgaria EV Battery Market Export to Major Countries |
7.2 Bulgaria EV Battery Market Imports from Major Countries |
8 Bulgaria EV Battery Market Key Performance Indicators |
8.1 Average battery lifespan in years |
8.2 Number of charging stations per capita |
8.3 Percentage of electric vehicles in total vehicle sales |
9 Bulgaria EV Battery Market - Opportunity Assessment |
9.1 Bulgaria EV Battery Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Bulgaria EV Battery Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Bulgaria EV Battery Market Opportunity Assessment, By Battery Form, 2021 & 2031F |
9.4 Bulgaria EV Battery Market Opportunity Assessment, By Based on Vehicle Type, 2021 & 2031F |
9.5 Bulgaria EV Battery Market Opportunity Assessment, By Material type, 2021 & 2031F |
9.6 Bulgaria EV Battery Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.7 Bulgaria EV Battery Market Opportunity Assessment, By Li-Ion Battery Component, 2021 & 2031F |
10 Bulgaria EV Battery Market - Competitive Landscape |
10.1 Bulgaria EV Battery Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria EV Battery 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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