Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Bulgaria - 2023

Contents:

1. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Bulgaria (CIF) - 2023
2. Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Bulgaria

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Bulgaria (CIF) - 2023

In November 2023, the average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $49,575 per ton, dropping by -3.7% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 when the average import price increased by 11% m-o-m. The import price peaked at $52,367 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($51,311 per ton), while the price for Germany totaled $49,339 per ton.

From March 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.1%).

Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Bulgaria

In 2022, approx. 11 tons of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s were imported into Bulgaria; jumping by 56% against 2021 figures. Over the period under review, imports recorded a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 70% against the previous year. As a result, imports attained the peak of 15 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s expanded to $232K in 2022. In general, imports, however, showed a abrupt slump.

Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to Bulgaria in 2022:

1. Italy (11.0 tons)

Source: IndexBox Market Intelligence Platform