Price for Slide Fasteners and Parts Thereof in Bulgaria - 2023

Price for Slide Fasteners and Parts Thereof in Bulgaria (CIF) - 2023

In June 2023, the average import price for slide fasteners and parts thereoves amounted to $323 per thousand units, approximately reflecting the previous month. Over the period under review, the import price, however, showed a slight slump. The growth pace was the most rapid in September 2022 an increase of 39% m-o-m. The import price peaked at $382 per thousand units in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($1.4 per unit), while the price for Poland ($119 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+4.3%), while the prices for the other major suppliers experienced a decline.

Price for Slide Fasteners and Parts Thereof in Bulgaria (FOB) - 2022

The average export price for slide fasteners and parts thereoves stood at $0.3 per unit in 2022, which is down by -6.3% against the previous year. In general, the export price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2020 an increase of 53% against the previous year. The export price peaked at $0.5 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($0.5 per unit), while the average price for exports to Serbia ($0.1 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 Albania (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners and Parts Thereof in Bulgaria

In 2022, the amount of slide fasteners and parts thereoves imported into Bulgaria expanded sharply to 62M units, surging by 6.5% compared with the previous year. Overall, imports, however, showed a noticeable decline. Over the period under review, imports reached the maximum at 68M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, slide fasteners and parts thereof imports shrank slightly to $15M in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year. Over the period under review, imports reached the peak figure at $18M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Slide Fasteners and Parts Thereof in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	3.3	3.2	3.6	3.1	-2.1%
Italy	5.2	2.7	3.3	2.6	-20.6%
Austria	1.9	1.7	2.4	2.3	6.6%
Germany	2.9	1.5	1.6	1.7	-16.3%
China	0.6	0.6	0.9	1.0	18.6%
Greece	0.7	0.8	1.0	0.8	4.6%
Poland	0.1	0.2	0.2	0.5	71.0%
Taiwan (Chinese)	0.3	0.3	0.3	0.2	-12.6%
Others	2.9	2.8	2.5	2.8	-1.2%
Total	17.9	13.8	15.6	15.2	-5.3%

Top Suppliers of Slide Fasteners and Parts Thereof to Bulgaria in 2022:

Turkey (13.9M units)
China (12.2M units)
Italy (8.6M units)
Germany (6.5M units)
Poland (4.5M units)
Greece (3.9M units)
Austria (3.4M units)
Taiwan (Chinese) (1.7M units)

Exports of Slide Fasteners and Parts Thereof in Bulgaria

In 2022, shipments abroad of slide fasteners and parts thereoves was finally on the rise to reach 6.2M units after two years of decline. Over the period under review, exports, however, showed a deep slump. Over the period under review, the exports hit record highs at 8.8M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, slide fasteners and parts thereof exports reached $1.9M in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Slide Fasteners and Parts Thereof in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Albania	420	457	561	592	12.1%
North Macedonia	168	193	241	261	15.8%
Serbia	182	199	188	228	7.8%
Greece	118	53.7	72.8	173	13.6%
Italy	116	321	343	150	8.9%
India	39.2	53.6	88.1	135	51.0%
Turkey	66.5	27.0	24.2	72.5	2.9%
Belgium	57.6	39.0	33.8	45.2	-7.8%
Bosnia and Herzegovina	173	85.7	48.8	26.1	-46.8%
Poland	56.5	1.9	N/A	1.3	-71.6%
United Kingdom	73.4	13.2	22.4	N/A	-44.8%
Others	183	103	95.7	209	4.5%
Total	1,653	1,546	1,719	1,892	4.6%