Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria - 2023

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria (CIF) - 2022
  2. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria (FOB) - 2022
  3. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria
  4. Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria (CIF) - 2022

The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $2,475 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price recorded a significant decline. The pace of growth appeared the most rapid in 2020 when the average import price increased by 51% against the previous year. Over the period under review, average import prices attained the peak figure at $58,969 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($5,500 per ton), while the price for Turkey ($1,951 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+32.1%).

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria (FOB) - 2022

The average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $89 per ton in 2022, leveling off at the previous year. Over the period under review, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2019 when the average export price decreased by -1.8% against the previous year. The export price peaked at $1,489 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2013 to 2022, the rate of growth in terms of prices for India amounted to -16.1% per year.

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria

In 2022, supplies from abroad of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) decreased by 0% to 28 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 400%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $69K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 654%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A45.90%
United KingdomN/AN/AN/A22.70%
GermanyN/A4.7N/AN/A0%
Others0.6N/AN/AN/A0%
Total0.64.7N/A68.6385.4%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Bulgaria in 2022:

  1. Turkey (23.5 tons)
  2. United Kingdom (4.2 tons)

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria

In 2022, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) decreased by 0% to 18 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a sharp descent. The smallest decline of 99.9% was in 2020.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $1.6K in 2022. In general, exports saw a precipitous contraction. The smallest decline of 99.9% was in 2020.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1.60%
Italy68.2N/AN/AN/A0%
Others3.2N/AN/AN/A0%
Total71.4N/AN/A1.6-71.8%

Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Bulgaria in 2022:

  1. India (18.3 tons)

Source: IndexBox Market Intelligence Platform

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