Report Update: May 1, 2024

Bulgaria - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sewing Thread Price in Bulgaria - 2023

Sewing Thread Price in Bulgaria (CIF) - 2023

In June 2023, the average sewing thread import price amounted to $10,417 per ton, increasing by 50% against the previous month. In general, import price indicated tangible growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, sewing thread import price decreased by -15.6% against April 2023 indices. The growth pace was the most rapid in April 2023 an increase of 56% m-o-m. As a result, import price attained the peak level of $12,339 per ton. From May 2023 to June 2023, the average import prices remained at a somewhat 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 Italy ($18,107 per ton), while the price for China ($2,813 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sewing Thread Price in Bulgaria (FOB) - 2023

In June 2023, the average sewing thread export price amounted to $10,885 per ton, waning by -12.7% against the previous month. In general, the export price, however, enjoyed modest growth. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 65% month-to-month. Over the period under review, the average export prices hit record highs at $16,268 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Greece ($34,460 per ton), while the average price for exports to Turkey ($3,504 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sewing Thread Imports in Bulgaria

In 2022, the amount of sewing thread of man-made filaments or staple fibers imported into Bulgaria fell remarkably to 1.6K tons, declining by -25.8% on 2021 figures. In general, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 2.2K tons, and then fell sharply in the following year.

In value terms, sewing thread imports contracted modestly to $13M in 2022. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.

Import of Sewing Thread in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.7	4.1	4.7	4.6	-0.7%
Romania	2.3	2.0	2.1	2.3	0.0%
China	0.9	1.0	2.0	1.9	28.3%
Turkey	2.1	1.8	2.0	1.6	-8.7%
Italy	1.5	1.1	0.8	1.0	-12.6%
Hungary	0.5	0.4	0.4	0.4	-7.2%
Greece	0.5	0.3	0.4	0.3	-15.7%
Czech Republic	0.1	0.1	0.2	0.1	0.0%
Others	1.4	1.0	0.9	0.9	-13.7%
Total	14.0	11.7	13.5	13.0	-2.4%

Top Suppliers of Sewing Thread to Bulgaria in 2022:

Germany (583.7 tons)
China (507.0 tons)
Romania (191.0 tons)
Turkey (171.6 tons)
Italy (63.4 tons)
Greece (33.5 tons)
Czech Republic (25.5 tons)
Hungary (24.3 tons)

Sewing Thread Exports in Bulgaria

In 2022, shipments abroad of sewing thread of man-made filaments or staple fibers decreased by -12.9% to 753 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 89% against the previous year. As a result, the exports attained the peak of 865 tons, and then dropped in the following year.

In value terms, sewing thread exports reduced to $7.5M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of $8.4M, and then contracted in the following year.

Export of Sewing Thread in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
North Macedonia	1,754	1,386	1,840	1,837	1.6%
Turkey	36.6	308	1,561	1,419	238.5%
Serbia	1,095	1,117	1,150	1,158	1.9%
Albania	670	925	1,143	919	11.1%
Bosnia and Herzegovina	988	888	1,183	651	-13.0%
Greece	670	265	308	379	-17.3%
Italy	83.5	104	206	288	51.1%
Tajikistan	213	225	227	219	0.9%
Croatia	145	230	245	143	-0.5%
Others	537	961	544	480	-3.7%
Total	6,192	6,408	8,407	7,495	6.6%

Top Export Markets for Sewing Thread from Bulgaria in 2022:

Turkey (327.2 tons)
Albania (130.1 tons)
North Macedonia (111.0 tons)
Serbia (53.8 tons)
Bosnia and Herzegovina (46.9 tons)
Greece (21.3 tons)
Italy (16.7 tons)
Tajikistan (15.2 tons)
Croatia (8.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sewing thread market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13108510 - Sewing thread of man-made filaments
Prodcom 13108550 - Sewing thread of man-made staple fibres

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023