Bulgaria - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bulgaria - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Textile Wadding Price in Bulgaria - 2023

Contents:

  1. Textile Wadding Price in Bulgaria (FOB) - 2023
  2. Textile Wadding Price in Bulgaria (CIF) - 2022
  3. Textile Wadding Exports in Bulgaria
  4. Textile Wadding Imports in Bulgaria

Textile Wadding Price in Bulgaria (FOB) - 2023

The average textile wadding export price stood at $12,165 per ton in July 2023, waning by -4.5% against the previous month. Overall, export price indicated a measured expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, textile wadding export price decreased by -7.0% against May 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 33% m-o-m. Over the period under review, the average export prices attained the peak figure at $13,086 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Turkey ($20,202 per ton), while the average price for exports to the UK ($5,247 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 (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wadding Price in Bulgaria (CIF) - 2022

In 2022, the average textile wadding import price amounted to $7,048 per ton, picking up by 31% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. Over the period under review, average import prices reached the maximum at $9,210 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($15,485 per ton), while the price for China ($3,233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Textile Wadding Exports in Bulgaria

In 2022, approx. 12K tons of wadding of textile materials and articles thereof were exported from Bulgaria; growing by 15% on 2021. The total export volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, textile wadding exports skyrocketed to $84M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Textile Wadding in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania5.710.57.010.221.4%
Iraq0.60.62.29.6152.0%
Germany9.19.98.67.4-6.7%
Turkey0.71.31.16.0104.7%
Ukraine1.81.03.45.847.7%
Italy2.73.03.94.720.3%
Russia3.53.12.14.04.6%
Greece1.73.83.13.426.0%
Poland3.73.73.83.2-4.7%
Netherlands2.02.52.93.115.7%
France3.12.22.52.7-4.5%
Belarus1.86.95.82.613.0%
Romania2.42.52.72.0-5.9%
Others12.811.614.119.815.7%
Total51.462.763.384.518.0%

Top Export Markets for Textile Wadding from Bulgaria in 2022:

  1. Germany (1530.8 tons)
  2. Lithuania (1269.8 tons)
  3. Iraq (1051.5 tons)
  4. Turkey (728.3 tons)
  5. Ukraine (703.6 tons)
  6. Greece (577.9 tons)
  7. Netherlands (542.4 tons)
  8. France (504.4 tons)
  9. Italy (458.1 tons)
  10. Poland (439.9 tons)
  11. Russia (429.7 tons)
  12. Romania (403.8 tons)
  13. Belarus (361.5 tons)

Textile Wadding Imports in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in supplies from abroad of wadding of textile materials and articles thereof, which increased by 30% to 3.5K tons in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 40% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, textile wadding imports surged to $25M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Textile Wadding in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary1.12.40.98.496.9%
Turkey2.44.05.84.624.2%
Lithuania1.40.31.34.345.4%
Greece0.70.81.31.734.4%
Italy0.50.60.61.544.2%
Romania0.10.71.20.9108.0%
Germany0.70.81.00.84.6%
China0.30.40.60.626.0%
Others1.62.11.81.84.0%
Total8.812.014.424.540.7%

Top Suppliers of Textile Wadding to Bulgaria in 2022:

  1. Turkey (1054.2 tons)
  2. Hungary (970.6 tons)
  3. Lithuania (374.1 tons)
  4. Greece (355.5 tons)
  5. China (176.8 tons)
  6. Germany (116.7 tons)
  7. Romania (108.9 tons)
  8. Italy (98.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the textile wadding 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 13991400 - Textile flock and dust and mill neps
  • Prodcom 17221240 - Wadding, other articles of wadding

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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