Price for Woven Fabrics of Artificial Staple Fibres in Bulgaria - 2023

Contents:

  1. Price for Woven Fabrics of Artificial Staple Fibres in Bulgaria (CIF) - 2023
  2. Price for Woven Fabrics of Artificial Staple Fibres in Bulgaria (FOB) - 2022
  3. Imports of Woven Fabrics of Artificial Staple Fibres in Bulgaria
  4. Exports of Woven Fabrics of Artificial Staple Fibres in Bulgaria

Price for Woven Fabrics of Artificial Staple Fibres in Bulgaria (CIF) - 2023

In September 2023, the average import price for woven fabrics of artificial staple fibres amounted to $2.1 per square meter, declining by -8.1% against the previous month. In general, the import price continues to indicate a slight reduction. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 74% m-o-m. As a result, import price reached the peak level of $6.2 per square meter. From May 2023 to September 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($6.9 per square meter), while the price for China ($1.2 per square meter) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Artificial Staple Fibres in Bulgaria (FOB) - 2022

In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $8.1 per square meter, declining by -24.5% against the previous year. In general, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2014 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $30 per square meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($13 per square meter), while the average price for exports to Ukraine ($5.4 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 North Macedonia (-2.8%), while the prices for the other major destinations experienced a decline.

Imports of Woven Fabrics of Artificial Staple Fibres in Bulgaria

For the fourth year in a row, Bulgaria recorded growth in overseas purchases of woven fabrics of artificial staple fibres, which increased by 121% to 7.5M square meters in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of woven fabrics of artificial staple fibres skyrocketed to $29M in 2022. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports of attained the peak figure at $30M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Woven Fabrics of Artificial Staple Fibres in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9.64.97.37.6-7.5%
China7.96.43.26.2-7.8%
Turkey3.62.43.65.313.8%
Germany3.03.33.43.22.2%
Spain0.71.21.22.246.5%
France2.42.01.92.1-4.4%
Others2.41.81.92.62.7%
Total29.522.122.529.1-0.5%

Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Bulgaria in 2022:

  1. China (4.0M square meters)
  2. Turkey (1.4M square meters)
  3. Italy (0.7M square meters)
  4. Germany (0.6M square meters)
  5. Spain (0.3M square meters)
  6. France (0.2M square meters)

Exports of Woven Fabrics of Artificial Staple Fibres in Bulgaria

In 2022, the amount of woven fabrics of artificial staple fibres exported from Bulgaria soared to 1.2M square meters, rising by 96% compared with the previous year's figure. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of woven fabrics of artificial staple fibres surged to $9.7M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Woven Fabrics of Artificial Staple Fibres in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Albania3161,1781,8442,35595.3%
North Macedonia1,5421,8621,6811,6582.4%
Italy61036167589613.7%
Ukraine83.830.611064397.2%
France37.489.2144614154.2%
Spain28857.924860428.0%
Germany35.8234424533146.0%
Turkey26.028.8168334134.2%
Serbia24125221032110.0%
Poland35.836.721126494.6%
Hungary14.511.954.9180131.5%
Greece75.132.174.814323.9%
Others2,2004237351,188-18.6%
Total5,5064,5966,5799,73220.9%

Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Bulgaria in 2022:

  1. North Macedonia (284.7K square meters)
  2. Albania (185.0K square meters)
  3. Italy (165.9K square meters)
  4. Ukraine (120.0K square meters)
  5. Spain (61.2K square meters)
  6. Germany (59.5K square meters)
  7. Serbia (47.6K square meters)
  8. France (46.1K square meters)
  9. Turkey (41.4K square meters)
  10. Poland (25.3K square meters)
  11. Greece (22.0K square meters)
  12. Hungary (20.7K square meters)

Source: IndexBox Market Intelligence Platform

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