Bulgaria - Woven Fabrics Of Silk Or Of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilk Fabric Price in Bulgaria - 2023
Contents:
- Silk Fabric Price in Bulgaria (CIF) - 2023
- Silk Fabric Price in Bulgaria (FOB) - 2022
- Silk Fabric Imports in Bulgaria
- Silk Fabric Exports in Bulgaria
Silk Fabric Price in Bulgaria (CIF) - 2023
In August 2023, the average silk fabric import price amounted to $21.4 per square meter, surging by 46% against the previous month. Over the period under review, import price indicated a modest increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, silk fabric import price increased by +45.6% against July 2023 indices. The growth pace was the most rapid in February 2023 an increase of 109% against the previous month. Over the period under review, average import prices attained the maximum in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($27.6 per square meter), while the price for the UK ($8.9 per square meter) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Silk Fabric Price in Bulgaria (FOB) - 2022
In 2022, the average silk fabric export price amounted to $18 per square meter, reducing by -4.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 135% against the previous year. The export price peaked at $20 per square meter in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($24 per square meter), while the average price for exports to Croatia ($9.7 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 Poland (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Silk Fabric Imports in Bulgaria
Silk fabric imports into Bulgaria totaled 871K square meters in 2022, increasing by 6.2% on 2021 figures. Over the period under review, imports, however, recorded a abrupt setback. Over the period under review, imports hit record highs at 1.1M square meters in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, silk fabric imports expanded rapidly to $10M in 2022. In general, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Silk Fabric in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.8 | 6.5 | 8.6 | 9.1 | -2.4% |
| China | 0.5 | 0.1 | 0.3 | 0.4 | -7.2% |
| France | 0.9 | 0.6 | 0.1 | 0.3 | -30.7% |
| Germany | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
| Belgium | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Others | 0.8 | 0.7 | 0.3 | 0.2 | -37.0% |
| Total | 12.5 | 8.3 | 9.6 | 10.1 | -6.9% |
Top Suppliers of Silk Fabric to Bulgaria in 2022:
- Italy (782.8K square meters)
- France (33.5K square meters)
- China (25.7K square meters)
- Germany (11.6K square meters)
- Belgium (0.7K square meters)
Silk Fabric Exports in Bulgaria
In 2022, after two years of decline, there was significant growth in shipments abroad of woven fabrics of silk or of silk waste, when their volume increased by 63% to 14K square meters. Over the period under review, exports, however, faced a precipitous decline. Over the period under review, the exports attained the maximum at 30K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, silk fabric exports skyrocketed to $263K in 2022. In general, exports, however, showed a perceptible curtailment. The exports peaked at $282K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Silk Fabric in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | 0.5 | N/A | 163 | 1705.5% |
| Italy | 89.2 | 53.0 | 144 | 43.2 | -21.5% |
| France | 15.8 | 2.1 | 0.3 | 30.4 | 24.4% |
| Croatia | 0.5 | 0.6 | 0.8 | 14.5 | 207.2% |
| North Macedonia | 145 | 80.1 | 22.2 | 6.2 | -65.0% |
| Myanmar | 27.4 | N/A | N/A | N/A | 0% |
| Romania | N/A | 67.4 | N/A | N/A | 0% |
| Others | 3.8 | 8.7 | 2.7 | 5.8 | 15.1% |
| Total | 282 | 212 | 170 | 263 | -2.3% |
Top Export Markets for Silk Fabric from Bulgaria in 2022:
- Poland (7.8K square meters)
- France (2.0K square meters)
- Italy (1.8K square meters)
- Croatia (1.5K square meters)
- North Macedonia (0.6K square meters)
This report provides an in-depth analysis of the silk 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 13201100 - Woven fabrics of silk or silk waste
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
618
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