Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria - 2023

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria (FOB) - 2022
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria (CIF) - 2022
  3. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria
  4. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $23 per unit, declining by -27.3% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices hit record highs at $31 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 Switzerland ($33 per unit), while the average price for exports to Poland ($1.6 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 Serbia (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria (CIF) - 2022

The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $15 per unit in 2022, shrinking by -1.6% against the previous year. In general, the import price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 94%. The import price peaked at $15 per unit in 2021, and then contracted slightly in the following year.

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 Belgium ($27 per unit), while the price for Pakistan ($4.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria

In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds exported from Bulgaria amounted to 390K units, with an increase of 4.1% against 2021 figures. In general, exports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. The exports peaked at 417K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds dropped notably to $8.9M in 2022. Over the period under review, total exports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. As a result, the exports reached the peak of $12M, and then fell sharply in the following year.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland2.72.58.05.829.0%
Germany3.12.81.51.1-29.2%
Italy1.60.40.90.8-20.6%
Romania0.40.20.30.1-37.0%
PolandN/AN/AN/A0.10%
United KingdomN/AN/AN/A0.10%
ChinaN/AN/AN/AN/A0%
Serbia0.1N/AN/AN/A0%
Others0.51.10.90.817.0%
Total8.57.111.78.91.5%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Bulgaria in 2022:

  1. Switzerland (177.0K units)
  2. Germany (60.5K units)
  3. Italy (44.9K units)
  4. Poland (37.4K units)
  5. United Kingdom (23.7K units)
  6. China (12.8K units)
  7. Romania (5.4K units)
  8. Serbia (0.4K units)

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria

In 2022, overseas purchases of track suits; of synthetic fibres, knitted or crocheteds increased by 23% to 252K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a precipitous contraction. Over the period under review, imports of attained the maximum at 499K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds soared to $3.7M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11327144090099.7%
Belgium32329339661624.0%
Romania16817626944638.5%
Switzerland714571764315-23.9%
Italy717577389303-25.0%
China31110677.7297-1.5%
Greece16525120525715.9%
Turkey41795.613394.5-39.0%
Others15425941449847.9%
Total3,0822,6003,0893,7286.5%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Bulgaria in 2022:

  1. Germany (49.6K units)
  2. Switzerland (47.4K units)
  3. Romania (30.2K units)
  4. China (27.3K units)
  5. Greece (23.9K units)
  6. Belgium (22.5K units)
  7. Italy (15.0K units)
  8. Turkey (12.4K units)

Source: IndexBox Market Intelligence Platform

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