Price for Clothing; Parts, Knitted or Crocheted in Bulgaria - 2023

Contents:

1. Price for Clothing; Parts, Knitted or Crocheted in Bulgaria (CIF) - 2022
2. Price for Clothing; Parts, Knitted or Crocheted in Bulgaria (FOB) - 2022
3. Imports of Clothing; Parts, Knitted or Crocheted in Bulgaria
4. Exports of Clothing; Parts, Knitted or Crocheted in Bulgaria

Price for Clothing; Parts, Knitted or Crocheted in Bulgaria (CIF) - 2022

The average import price for clothing; parts, knitted or crocheted stood at $31,639 per ton in 2022, falling by -46.1% against the previous year. Overall, the import price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 95% against the previous year. As a result, import price attained the peak level of $58,742 per ton, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($98,245 per ton), while the price for China ($8,647 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clothing; Parts, Knitted or Crocheted in Bulgaria (FOB) - 2022

In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $34,882 per ton, growing by 102% against the previous year. In general, the export price enjoyed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 France ($66,984 per ton), while the average price for exports to Greece ($10,851 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 Germany (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clothing; Parts, Knitted or Crocheted in Bulgaria

After two years of decline, supplies from abroad of clothing; parts, knitted or crocheted increased by 29% to 82 tons in 2022. In general, imports, however, faced a sharp reduction.

In value terms, clothing; parts, knitted or crocheted imports contracted notably to $2.6M in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The smallest decline of -11.2% was in 2020.

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Bulgaria in 2022:

1. United Kingdom (35.3 tons)
2. Italy (13.3 tons)
3. Greece (9.8 tons)
4. Belgium (9.5 tons)
5. Germany (4.6 tons)
6. Turkey (4.3 tons)
7. China (1.8 tons)

Exports of Clothing; Parts, Knitted or Crocheted in Bulgaria

In 2022, shipments abroad of clothing; parts, knitted or crocheted decreased by -60.9% to 14 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a perceptible decrease. The pace of growth was the most pronounced in 2020 when exports increased by 218%. As a result, the exports attained the peak of 51 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, clothing; parts, knitted or crocheted exports fell markedly to $499K in 2022. In general, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 382% against the previous year. As a result, the exports reached the peak of $1.6M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Bulgaria in 2022:

1. Romania (7.7 tons)
2. France (2.2 tons)
3. Italy (1.6 tons)
4. Greece (0.8 tons)
5. Germany (0.7 tons)
6. Sweden (0.3 tons)

Source: IndexBox Market Intelligence Platform