Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria - 2023

Contents:

  1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (CIF) - 2023
  2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (FOB) - 2022
  3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria
  4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (CIF) - 2023

In November 2023, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $2,273 per ton, approximately mirroring the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 52% month-to-month. As a result, import price attained the peak level of $3,722 per ton. From April 2023 to November 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Austria.

From November 2022 to November 2023, the rate of growth in terms of prices for Austria amounted to -0.6% per month.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (FOB) - 2022

The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $2,290 per ton in 2022, reducing by -11.1% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 27% against the previous year. The export price peaked at $4,041 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 France ($6,998 per ton), while the average price for exports to Italy ($1,487 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+59.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria

Imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Bulgaria dropped modestly to 1.9K tons in 2022, stabilizing at the previous year's figure. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 2.4% against the previous year.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning surged to $5.4M in 2022. Over the period under review, imports showed a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of 32%.

Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria3.13.01.23.65.1%
Germany0.20.23.10.965.1%
China2.10.1N/A0.6-34.1%
Others0.30.20.30.30.0%
Total5.63.54.65.4-1.2%

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Bulgaria in 2022:

  1. Austria (1351.8 tons)
  2. Germany (325.0 tons)
  3. China (178.0 tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria

In 2022, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning from Bulgaria skyrocketed to 29 tons, with an increase of 82% compared with the previous year. In general, exports, however, saw a slight curtailment.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning skyrocketed to $65K in 2022. Overall, exports continue to indicate a mild expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China55.625.930.828.8-19.7%
Italy7.60.39.628.254.8%
SerbiaN/AN/AN/A5.10%
FranceN/A1.2N/A3.058.1%
OthersN/AN/AN/A0.10%
Total63.127.440.465.31.1%

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Bulgaria in 2022:

  1. Italy (19.0 tons)
  2. China (7.2 tons)
  3. Serbia (1.9 tons)
  4. France (0.4 tons)

Source: IndexBox Market Intelligence Platform

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