Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Bulgaria - 2023

Contents:

1. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Bulgaria (CIF) - 2022
2. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Bulgaria (FOB) - 2022
3. Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Bulgaria
4. Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Bulgaria

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Bulgaria (CIF) - 2022

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $1,810 per ton in 2022, waning by -13% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the peak figure at $2,081 per ton in 2021, and then declined in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($2,592 per ton), while the price for Turkey amounted to $1,806 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Bulgaria (FOB) - 2022

The average export price for yarn; of jute or of other textile bast fibres, singles stood at $1,798 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price, however, showed moderate growth. The export price peaked at $1,798 per ton in 2021, and then declined modestly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($1,813 per ton), while the average price for exports to the Netherlands amounted to $1,645 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+12.8%).

Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Bulgaria

In 2022, supplies from abroad of yarn; of jute or of other textile bast fibres, singles decreased by -49.8% to 460 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 194%.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles reduced markedly to $833K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 223% against the previous year. As a result, imports reached the peak of $1.9M, and then declined significantly in the following year.

Top Suppliers of Yarn; of Jute or of Other Textile Bast Fibres, Single to Bulgaria in 2022:

1. Turkey (455.4 tons)

Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Bulgaria

In 2022, approx. 25 tons of yarn; of jute or of other textile bast fibres, singles were exported from Bulgaria; declining by -50% on the previous year's figure. Overall, exports continue to indicate a precipitous contraction.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles shrank rapidly to $45K in 2022. In general, exports recorded a precipitous descent.

Top Export Markets for Yarn; of Jute or of Other Textile Bast Fibres, Single from Bulgaria in 2022:

1. Bosnia and Herzegovina (22.6 tons)
2. Netherlands (2.2 tons)

Source: IndexBox Market Intelligence Platform