Key Market Indicators
Exports of diagnostic reagents from Bulgaria are expected to reach $12 million by 2026, up from $10 million in 2021. This represents an average yearly growth of 3.3%. Since 2001, Bulgarian exports have grown by 13.2% annually. In 2021, New Zealand overtook Bulgaria to become the 45th largest exporter of diagnostic reagents, while Bulgaria was 46th. Germany, the Netherlands and the United Kingdom were the top three exporters, respectively. Imports of diagnostic reagents to Bulgaria are expected to reach $31 million by 2026, up from $28 million in 2021. This represents a Compound Annual Growth Rate (CAGR) of 1.8%. Since 2001, Bulgarian imports have grown by 4.9% annually. In 2021, Tunisia overtook Bulgaria to become the 81st largest importer of diagnostic reagents, while Bulgaria was 82nd. Germany, China and the Netherlands were the top three importers, respectively.