Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria - 2023

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria (CIF) - 2023
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria (FOB) - 2022
  3. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria
  4. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria (CIF) - 2023

The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $10.7 per square meter in December 2023, with an increase of 100% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $13.3 per square meter in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From December 2022 to December 2023, the rate of growth in terms of prices for Turkey amounted to +5.3% per month.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria (FOB) - 2022

In 2022, the average export price for woven fabrics of combed wool or of combed fine animal hair amounted to $6.3 per square meter, declining by -8.7% against the previous year. Overall, the export price showed a pronounced descent. The pace of growth was the most pronounced in 2020 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $8.8 per square meter. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($11 per square meter), while the average price for exports to Serbia ($3.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria

After two years of decline, purchases abroad of woven fabrics of combed wool or of combed fine animal hair increased by 40% to 3.2M square meters in 2022. Overall, imports, however, saw a abrupt decline. Imports peaked at 5M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $30M in 2022. In general, imports, however, saw a abrupt setback. Over the period under review, imports of reached the peak figure at $58M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy22.714.414.314.0-14.9%
Germany24.411.36.511.8-21.5%
Spain3.21.81.11.3-25.9%
Czech Republic1.20.60.50.7-16.4%
France1.40.70.60.7-20.6%
Turkey0.90.40.20.6-12.6%
Romania0.1N/A0.10.571.0%
Poland2.61.1N/AN/A-57.7%
Others1.91.01.60.7-28.3%
Total58.431.325.030.2-19.7%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Bulgaria in 2022:

  1. Germany (1385.4K square meters)
  2. Italy (1331.9K square meters)
  3. Spain (152.4K square meters)
  4. Czech Republic (95.8K square meters)
  5. Turkey (76.9K square meters)
  6. France (69.4K square meters)
  7. Romania (48.7K square meters)
  8. Poland (1.7K square meters)

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria

Exports of woven fabrics of combed wool or of combed fine animal hair from Bulgaria fell significantly to 576K square meters in 2022, which is down by -20.4% compared with the year before. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports of hit record highs at 822K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair reduced rapidly to $3.6M in 2022. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. The exports peaked at $5.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia721316349712-0.4%
Albania838514752491-16.3%
France4471,4531,754421-2.0%
Bosnia and Herzegovina6.7685414340270.2%
Germany47314415.8334-11.0%
TurkeyN/A7.947.7286501.7%
Austria12115.862.624025.6%
Italy670533491237-29.3%
Romania1429.51411798.0%
North Macedonia77.857.912938.7-20.8%
Serbia24620213027.9-51.6%
Spain99.13.53436.2-60.3%
Myanmar516N/AN/AN/A0%
Others721296358314-24.2%
Total5,0784,2374,9873,625-10.6%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Bulgaria in 2022:

  1. Russia (129.9K square meters)
  2. Albania (75.1K square meters)
  3. France (65.9K square meters)
  4. Bosnia and Herzegovina (57.8K square meters)
  5. Italy (46.0K square meters)
  6. Germany (39.8K square meters)
  7. Turkey (39.4K square meters)
  8. Romania (33.2K square meters)
  9. Austria (22.3K square meters)
  10. Serbia (7.9K square meters)
  11. North Macedonia (7.4K square meters)
  12. Spain (1.0K square meters)

Source: IndexBox Market Intelligence Platform

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