Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bulgaria - 2023

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bulgaria (CIF) - 2022
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bulgaria (FOB) - 2023
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bulgaria
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bulgaria

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bulgaria (CIF) - 2022

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $3,932 per ton in 2022, picking up by 50% against the previous year. In general, the import price, however, showed a slight curtailment. Over the period under review, average import prices hit record highs at $4,967 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Germany ($19,713 per ton), while the price for Turkey ($1,118 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bulgaria (FOB) - 2023

In October 2023, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $28,841 per ton, jumping by 1,393% against the previous month. Overall, the export price enjoyed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was North Macedonia ($48,111 per ton), while the average price for exports to Serbia ($8,985 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bulgaria

After three years of growth, supplies from abroad of felt; whether or not impregnated, coated, covered or laminateds decreased by -26.2% to 785 tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds expanded significantly to $3.1M in 2022. The total import value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Bulgaria in 2022:

1. Turkey (588.0 tons)
2. Germany (73.2 tons)
3. China (55.9 tons)
4. Italy (35.6 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bulgaria

In 2022, approx. 587 tons of felt; whether or not impregnated, coated, covered or laminateds were exported from Bulgaria; with an increase of 1,391% against 2021 figures. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds surged to $1.1M in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Bulgaria in 2022:

1. Netherlands (553.1 tons)
2. Turkey (14.6 tons)
3. Italy (9.6 tons)
4. Serbia (1.1 tons)

Source: IndexBox Market Intelligence Platform