Bulgaria - Umbrellas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUmbrella Price in Bulgaria - 2023
Contents:
- Umbrella Price in Bulgaria (CIF) - 2022
- Umbrella Price in Bulgaria (FOB) - 2023
- Umbrella Imports in Bulgaria
- Umbrella Exports in Bulgaria
Umbrella Price in Bulgaria (CIF) - 2022
The average umbrella import price stood at $4.9 per unit in 2022, picking up by 2% against the previous year. Over the period under review, the import price recorded pronounced growth. The pace of growth was the most pronounced in 2021 an increase of 44%. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($9.7 per unit), while the price for Greece ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Umbrella Price in Bulgaria (FOB) - 2023
In August 2023, the average umbrella export price amounted to $81.5 per unit, picking up by 93% against the previous month. Overall, the export price saw resilient growth. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 137% against the previous month. Over the period under review, the average export prices hit record highs in August 2023.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Greece ($110 per unit), while the average price for exports to Romania ($13.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.
Umbrella Imports in Bulgaria
In 2022, supplies from abroad of umbrellas increased by 17% to 1.5M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a pronounced reduction. Imports peaked at 1.7M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, umbrella imports surged to $7.2M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Umbrella in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,518 | 2,545 | 2,962 | 3,041 | 26.1% |
| Poland | 381 | 102 | 142 | 842 | 30.3% |
| Germany | 263 | 251 | 304 | 634 | 34.1% |
| Austria | 263 | 880 | 789 | 439 | 18.6% |
| Turkey | 56.5 | 77.6 | 86.5 | 265 | 67.4% |
| Greece | 321 | 491 | 99.8 | 250 | -8.0% |
| Serbia | 51.6 | 57.1 | 34.3 | 204 | 58.1% |
| Hungary | 47.1 | 33.7 | 51.4 | 150 | 47.1% |
| Others | 1,366 | 962 | 1,578 | 1,415 | 1.2% |
| Total | 4,268 | 5,400 | 6,047 | 7,239 | 19.3% |
Top Suppliers of Umbrella to Bulgaria in 2022:
- China (776.9K units)
- Greece (166.9K units)
- Germany (123.3K units)
- Poland (86.5K units)
- Hungary (81.2K units)
- Serbia (70.4K units)
- Turkey (34.2K units)
- Austria (6.1K units)
Umbrella Exports in Bulgaria
In 2022, umbrella exports from Bulgaria expanded significantly to 140K units, with an increase of 12% against 2021 figures. The total export volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, umbrella exports surged to $3.5M in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 68%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Umbrella in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 685 | 534 | 1,222 | 1,829 | 38.7% |
| Romania | 36.9 | 306 | 407 | 410 | 123.1% |
| Italy | 210 | 157 | 209 | 305 | 13.2% |
| Serbia | 113 | 133 | 212 | 281 | 35.5% |
| Bosnia and Herzegovina | N/A | 55.3 | 86.5 | 117 | 45.5% |
| Israel | 0.4 | N/A | N/A | 83.9 | 494.2% |
| Hungary | 11.9 | N/A | N/A | 0.8 | -59.3% |
| Tunisia | 38.2 | 65.0 | N/A | N/A | 70.2% |
| Others | 256 | 347 | 550 | 424 | 18.3% |
| Total | 1,351 | 1,598 | 2,688 | 3,451 | 36.7% |
Top Export Markets for Umbrella from Bulgaria in 2022:
- Greece (33.9K units)
- Romania (23.1K units)
- Israel (17.9K units)
- Italy (17.9K units)
- Serbia (16.7K units)
- Bosnia and Herzegovina (7.8K units)
- Hungary (0.3K units)
This report provides an in-depth analysis of the umbrella 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 32992130 - Umbrellas, sun umbrellas, walking-stick umbrellas, garden umbrellas and similar umbrellas (excluding umbrella cases)
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
203
This report provides an in-depth analysis of the umbrella market in Bulgaria.
447
This report provides an in-depth analysis of the umbrella and walking-stick market in Bulgaria.
1305
This report provides an in-depth analysis of the global umbrella market.
3447
This report provides an in-depth analysis of the global umbrella and walking-stick market.
203
This report provides an in-depth analysis of the umbrella market in Bulgaria.
447
This report provides an in-depth analysis of the umbrella and walking-stick market in Bulgaria.
561
This report provides an in-depth analysis of the global umbrella market.
1305
This report provides an in-depth analysis of the global umbrella market.
3447
This report provides an in-depth analysis of the global umbrella and walking-stick market.
4131
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
953
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
3848
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
4420
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
2225
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
4131
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
953
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
3848
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
4420
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
2225
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
