Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria - 2023

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria (CIF) - 2022
  2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria (FOB) - 2022
  3. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria
  4. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria (CIF) - 2022

The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $168 per unit in 2022, picking up by 34% against the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. Over the period under review, average import prices hit record highs at $472 per unit 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 Turkey ($202 per unit), while the price for Greece ($94 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria (FOB) - 2022

The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $361 per unit in 2022, with an increase of 38% against the previous year. Over the period under review, the export price posted modest growth. The pace of growth was the most pronounced in 2018 an increase of 58% against the previous year. The export price peaked at $464 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,703 per unit), while the average price for exports to Italy ($273 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria

In 2022, imports of articles of apparel, clothing accessories and other articles of furskin into Bulgaria dropped to 8.1K units, with a decrease of -13.4% on the previous year's figure. Overall, imports saw a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 30%. Imports peaked at 19K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin surged to $1.4M in 2022. In general, imports recorded a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 30%. Over the period under review, imports of attained the peak figure at $3.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,578802940916-29.2%
LatviaN/AN/AN/A1360%
Turkey13710.890.977.1-17.4%
Greece3080.83.210.5-67.6%
Romania1141.5N/A1.3-77.5%
Others26795.5147229-5.0%
Total3,4049101,1811,370-26.2%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Bulgaria in 2022:

  1. Italy (6.2K units)
  2. Latvia (1.0K units)
  3. Turkey (0.4K units)
  4. Greece (0.1K units)

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria

In 2022, approx. 3.4K units of articles of apparel, clothing accessories and other articles of furskin were exported from Bulgaria; waning by -92.6% compared with the previous year's figure. Over the period under review, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, the exports of attained the maximum at 61K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin shrank significantly to $1.2M in 2022. In general, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 44% against the previous year. The exports peaked at $13M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy11.97.811.60.8-59.3%
United States0.20.20.30.314.5%
France0.1N/AN/A0.10.0%
Others0.50.2N/AN/A-60.0%
Total12.78.311.91.2-54.5%

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Bulgaria in 2022:

  1. Italy (3064.0 units)
  2. United States (182.0 units)
  3. France (93.0 units)

Source: IndexBox Market Intelligence Platform

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