Prepared Sheep Leather Price in Bulgaria - 2023

Contents:

  1. Prepared Sheep Leather Price in Bulgaria (CIF) - 2022
  2. Prepared Sheep Leather Price in Bulgaria (FOB) - 2022
  3. Prepared Sheep Leather Imports in Bulgaria
  4. Prepared Sheep Leather Exports in Bulgaria

Prepared Sheep Leather Price in Bulgaria (CIF) - 2022

In 2022, the average prepared sheep leather import price amounted to $28 per square meter, shrinking by -1.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 489% against the previous year. Over the period under review, average import prices attained the maximum at $29 per square meter in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($53 per square meter), while the price for Germany ($18 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+23.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Prepared Sheep Leather Price in Bulgaria (FOB) - 2022

In 2022, the average prepared sheep leather export price amounted to $40 per square meter, waning by -11.1% against the previous year. Overall, the export price, however, continues to indicate a modest expansion. The growth pace was the most rapid in 2016 an increase of 1,383%. As a result, the export price reached the peak level of $78 per square meter. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($44 per square meter), while the average price for exports to Armenia ($9.2 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 Spain (+72.4%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Sheep Leather Imports in Bulgaria

For the third consecutive year, Bulgaria recorded decline in supplies from abroad of sheep or lamb skin leather, prepared, which decreased by -14.3% to 33K square meters in 2022. Overall, imports showed a precipitous contraction. Imports peaked at 95K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, prepared sheep leather imports fell rapidly to $930K in 2022. In general, imports continue to indicate a significant curtailment. Over the period under review, imports attained the peak figure at $1.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Prepared Sheep Leather in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey20551.742046731.6%
Italy1,050436505403-27.3%
France13122217244.9-30.0%
Germany4946430.59.1-73.6%
Others14.57.34.46.8-22.3%
Total1,8941,3601,102930-21.1%

Top Suppliers of Prepared Sheep Leather to Bulgaria in 2022:

  1. Italy (16.1K square meters)
  2. Turkey (15.2K square meters)
  3. France (0.9K square meters)
  4. Germany (0.5K square meters)

Prepared Sheep Leather Exports in Bulgaria

In 2022, prepared sheep leather exports from Bulgaria skyrocketed to 1.1K square meters, with an increase of 22% on the previous year. Overall, exports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 403%. The exports peaked at 1.2K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, prepared sheep leather exports rose markedly to $45K in 2022. Over the period under review, exports, however, recorded a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 828%. Over the period under review, the exports attained the maximum at $48K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Prepared Sheep Leather in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy33.33.1N/A40.36.6%
FranceN/AN/AN/A3.70%
ArmeniaN/AN/A1.80.9-50.0%
Serbia1.21.40.8N/A-18.4%
Turkey13.7N/A38.9N/A68.5%
OthersN/AN/AN/AN/A0%
Total48.24.541.544.9-2.3%

Top Export Markets for Prepared Sheep Leather from Bulgaria in 2022:

  1. Italy (922.0 square meters)
  2. Armenia (100.0 square meters)
  3. France (88.0 square meters)

Source: IndexBox Market Intelligence Platform

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