Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria (FOB) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria (CIF) - 2022
  3. Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria
  4. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria (FOB) - 2022

The average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $2,535 per ton in 2022, waning by -17.6% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 741% against the previous year. Over the period under review, the average export prices attained the maximum at $20,848 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($3,253 per ton), while the average price for exports to the Czech Republic amounted to $2,482 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+3.5%).

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $9,480 per ton in 2022, with an increase of 22% against the previous year. In general, the import price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2016 an increase of 102% against the previous year. Over the period under review, average import prices attained the maximum at $17,376 per ton 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 South Korea ($45,193 per ton), while the price for China ($3,864 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria

In 2022, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds from Bulgaria skyrocketed to 1.4K tons, rising by 295% against the previous year. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 9,582% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds surged to $3.7M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 2,830%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/A1.13.5218.2%
TurkeyN/AN/AN/A0.10%
Others0.1N/A0.10.10.0%
Total0.1N/A1.13.7233.2%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Bulgaria in 2022:

  1. Czech Republic (1395.4 tons)
  2. Turkey (44.4 tons)

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria

For the third year in a row, Bulgaria recorded decline in overseas purchases of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds, which decreased by -59.4% to 45 tons in 2022. Over the period under review, imports saw a dramatic contraction. The smallest decline of -24.2% was in 2020.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds shrank dramatically to $431K in 2022. Overall, imports saw a sharp setback. The smallest decline of -19.4% was in 2020.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey93.819343313613.2%
Italy17911.486.0128-10.6%
South Korea1.754.135.651.8212.3%
China29.1N/A51.347.317.6%
Germany25.847.721.721.1-6.5%
Greece18028556.812.2-59.2%
Romania1,8041,2361.1N/A-97.5%
Others57.683.618534.6-15.6%
Total2,3711,911871431-43.4%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Bulgaria in 2022:

  1. Turkey (19.1 tons)
  2. China (12.2 tons)
  3. Italy (8.7 tons)
  4. Germany (1.6 tons)
  5. South Korea (1.1 tons)
  6. Greece (0.7 tons)

Source: IndexBox Market Intelligence Platform

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