Report Update: Apr 17, 2024

Bulgaria - Woven Fabrics Of Cotton - Market Analysis, Forecast, Size, Trends and Insights

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Cotton Fabric Price in Bulgaria - 2023

Cotton Fabric Price in Bulgaria (CIF) - 2022

In 2022, the average cotton fabric import price amounted to $2.2 per square meter, surging by 12% against the previous year. In general, the import price, however, showed a perceptible setback. The import price peaked at $3.1 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($6.8 per square meter), while the price for Pakistan ($1.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Cotton Fabric Price in Bulgaria (FOB) - 2022

The average cotton fabric export price stood at $3.2 per square meter in 2022, surging by 7.1% against the previous year. Over the period under review, the export price showed buoyant growth. The growth pace was the most rapid in 2016 when the average export price increased by 42%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($6.5 per square meter), while the average price for exports to Greece ($1.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Fabric Imports in Bulgaria

In 2022, purchases abroad of woven fabrics of cotton decreased by -13.7% to 41M square meters for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 3.9%. As a result, imports reached the peak of 47M square meters, and then reduced in the following year.

In value terms, cotton fabric imports declined to $89M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. Imports peaked at $112M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Cotton Fabric in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	24.6	17.7	20.0	20.8	-5.4%
Turkey	14.2	13.0	15.3	15.1	2.1%
Germany	18.0	14.0	13.6	14.9	-6.1%
France	22.9	22.0	14.5	11.5	-20.5%
Pakistan	6.1	8.8	9.7	8.7	12.6%
China	5.9	7.1	6.1	7.4	7.8%
Spain	3.2	2.1	2.8	1.5	-22.3%
Greece	4.6	2.4	1.7	1.3	-34.4%
Others	12.2	8.6	8.6	8.1	-12.8%
Total	112	95.7	92.3	89.5	-7.2%

Top Suppliers of Cotton Fabric to Bulgaria in 2022:

Turkey (11.2M square meters)
Pakistan (8.1M square meters)
Italy (5.8M square meters)
China (5.1M square meters)
Germany (4.1M square meters)
France (1.7M square meters)
Spain (0.9M square meters)
Greece (0.4M square meters)

Cotton Fabric Exports in Bulgaria

Cotton fabric exports from Bulgaria reached 6M square meters in 2022, picking up by 6.6% compared with 2021 figures. Over the period under review, exports, however, showed a abrupt downturn. The exports peaked at 7.8M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cotton fabric exports rose rapidly to $19M in 2022. The total export value increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cotton Fabric in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	2.6	1.3	2.2	3.3	8.3%
North Macedonia	2.3	3.2	3.4	2.9	8.0%
Albania	0.7	1.0	2.2	2.7	56.8%
France	1.0	1.6	1.6	2.2	30.1%
Tunisia	N/A	N/A	N/A	1.3	0%
Romania	1.1	1.4	1.7	0.9	-6.5%
Turkey	0.9	0.2	0.8	0.8	-3.9%
Germany	0.9	2.1	1.0	0.8	-3.9%
Serbia	0.6	0.9	0.9	0.7	5.3%
Greece	3.6	1.4	0.6	0.2	-61.8%
Spain	0.4	0.1	0.1	0.1	-37.0%
Bosnia and Herzegovina	1.1	0.2	N/A	N/A	-81.8%
Others	3.0	2.3	2.2	3.2	2.2%
Total	18.2	15.7	16.8	19.2	1.8%

Top Export Markets for Cotton Fabric from Bulgaria in 2022:

Italy (1464.0K square meters)
North Macedonia (711.7K square meters)
Tunisia (671.6K square meters)
Albania (668.5K square meters)
Serbia (412.1K square meters)
France (339.3K square meters)
Romania (310.8K square meters)
Turkey (288.7K square meters)
Germany (224.8K square meters)
Greece (171.2K square meters)
Spain (82.1K square meters)
Bosnia and Herzegovina (7.0K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton fabric market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13202020 - Woven fabrics of cotton weighing . .100 g/m., for medical gauzes, bandages and dressings
Prodcom 13202060 - Woven fabrics of denim cotton weighing > .200 g/m. (including denim other than blue)
Prodcom 132020Z1 - Cotton fabrics, . .200 g/m. (excluding gauze and coloured yarns)
Prodcom 132020Z2 - Cotton fabrics, > .200 g/m. (excluding coloured yarns)
Prodcom 132020Z3 - Woven fabrics of cotton of yarns of different colours (excluding denim)

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023