Bulgaria - Textile Products And Articles For Technical Uses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTechnical Textiles Price in Bulgaria - 2023
Contents:
- Technical Textiles Price in Bulgaria (CIF) - 2022
- Technical Textiles Price in Bulgaria (FOB) - 2023
- Technical Textiles Imports in Bulgaria
- Technical Textiles Exports in Bulgaria
Technical Textiles Price in Bulgaria (CIF) - 2022
The average technical textiles import price stood at $14,108 per ton in 2022, growing by 27% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the average import price increased by 31%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($42,127 per ton), while the price for Greece ($5,757 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Technical Textiles Price in Bulgaria (FOB) - 2023
In July 2023, the average technical textiles export price amounted to $17,668 per ton, reducing by -11.5% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average export price increased by 55% month-to-month. Over the period under review, the average export prices hit record highs at $22,931 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($62,651 per ton), while the average price for exports to Germany ($10,203 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Technical Textiles Imports in Bulgaria
In 2022, approx. 658 tons of textile products and articles for technical uses were imported into Bulgaria; which is down by -15.5% compared with 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports reached the peak of 778 tons, and then dropped notably in the following year.
In value terms, technical textiles imports expanded significantly to $9.3M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Technical Textiles in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,404 | 2,101 | 2,340 | 2,829 | 5.6% |
| Turkey | 230 | 453 | 970 | 901 | 57.6% |
| Italy | 350 | 432 | 504 | 895 | 36.7% |
| Poland | 577 | 489 | 542 | 732 | 8.3% |
| Romania | 420 | 385 | 537 | 478 | 4.4% |
| China | 410 | 363 | 495 | 459 | 3.8% |
| Greece | 508 | 387 | 974 | 433 | -5.2% |
| Czech Republic | 527 | 447 | 420 | 415 | -7.7% |
| Spain | 331 | 163 | 78.8 | 60.5 | -43.2% |
| Others | 1,949 | 1,392 | 1,810 | 2,074 | 2.1% |
| Total | 7,705 | 6,612 | 8,671 | 9,277 | 6.4% |
Top Suppliers of Technical Textiles to Bulgaria in 2022:
- Turkey (149.6 tons)
- Italy (90.1 tons)
- Greece (75.2 tons)
- Poland (73.0 tons)
- China (70.0 tons)
- Germany (67.2 tons)
- Romania (38.5 tons)
- Czech Republic (25.0 tons)
- Spain (7.3 tons)
Technical Textiles Exports in Bulgaria
In 2022, after three years of growth, there was significant decline in shipments abroad of textile products and articles for technical uses, when their volume decreased by -12.1% to 279 tons. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.8% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 36%. As a result, the exports reached the peak of 317 tons, and then contracted in the following year.
In value terms, technical textiles exports dropped to $4.7M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. As a result, the exports reached the peak of $5.4M, and then fell in the following year.
| Export of Technical Textiles in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 583 | 714 | 1,837 | 1,046 | 21.5% |
| Germany | 321 | 501 | 952 | 963 | 44.2% |
| Serbia | 96.9 | 122 | 262 | 664 | 89.9% |
| Greece | 889 | 1,207 | 694 | 394 | -23.8% |
| Hong Kong SAR | 30.3 | 112 | 108 | 197 | 86.6% |
| Russia | 147 | 181 | 142 | 183 | 7.6% |
| Italy | 325 | 124 | 216 | 169 | -19.6% |
| Romania | 69.1 | 94.3 | 101 | 128 | 22.8% |
| Armenia | 0.5 | 1.9 | 4.4 | 89.0 | 462.5% |
| Iran | 186 | N/A | 117 | 68.2 | -28.4% |
| United Kingdom | 239 | 109 | 2.7 | 2.5 | -78.1% |
| Others | 621 | 527 | 987 | 837 | 10.5% |
| Total | 3,507 | 3,693 | 5,424 | 4,740 | 10.6% |
Top Export Markets for Technical Textiles from Bulgaria in 2022:
- Germany (101.7 tons)
- Serbia (38.0 tons)
- Greece (31.8 tons)
- Denmark (19.9 tons)
- Italy (13.5 tons)
- Hong Kong SAR (12.6 tons)
- Romania (9.9 tons)
- Armenia (6.4 tons)
- Russia (5.2 tons)
- Iran (4.5 tons)
- United Kingdom (0.1 tons)
This report provides an in-depth analysis of the technical textiles 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 13961620 - Textile hosepiping and similar textile tubing, whether or not impregnated or coated, with or without lining, armour or accessories of other materials
- Prodcom 13961650 - Textile wicks, conveyor belts or belting (including reinforced with metal or other material)
- Prodcom 13961680 - Textile fabrics and felts, for paper-making machines or similar machines (including for pulp or asbestos-cement)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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