Key Market Indicators
The revenue from Bulgaria's electronic component sector is projected to climb to €114 million by 2028, up from approximately €110 million in 2023. This growth represents a modest compound annual growth rate (CAGR) of 0.6%. Despite this upward trend, the market has experienced a decline over the past decade, shrinking by about 9% year on year since 2013. In the current year, Bulgaria has been positioned at 21st place globally in terms of revenue. In a notable development, Greece has surpassed Bulgaria, matching the latter's €110 million revenue mark for 2023. Leading the rankings, France, Hungary, and Austria have secured the second, third, and fourth positions, respectively.
