Bulgaria - Wadding - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWadding Price in Bulgaria - 2023
Contents:
- Wadding Price in Bulgaria (FOB) - 2023
- Wadding Price in Bulgaria (CIF) - 2023
- Wadding Exports in Bulgaria
- Wadding Imports in Bulgaria
Wadding Price in Bulgaria (FOB) - 2023
The average wadding export price stood at $12,734 per ton in June 2023, shrinking by -2.6% against the previous month. In general, export price indicated strong growth from June 2022 to June 2023: its price increased at an average monthly rate of +5.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, wadding export price increased by +2.5% against February 2023 indices. The pace of growth was the most pronounced in February 2023 an increase of 33% m-o-m. The export price peaked at $13,080 per ton in May 2023, and then shrank modestly in the following month.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Belarus ($17,295 per ton), while the average price for exports to the UK ($5,363 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 Belarus (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Wadding Price in Bulgaria (CIF) - 2023
The average wadding import price stood at $12,567 per ton in June 2023, growing by 13% against the previous month. Over the period under review, import price indicated a resilient expansion from June 2022 to June 2023: its price increased at an average monthly rate of +6.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, wadding import price increased by +77.2% against January 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 39% m-o-m. The import price peaked in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($17,083 per ton), while the price for Serbia ($1,799 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 Romania (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Wadding Exports in Bulgaria
In 2022, exports of wadding from Bulgaria rose sharply to 11K tons, growing by 10% against 2021. The total export volume increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, wadding exports skyrocketed to $87M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 +69.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wadding in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 5.7 | 10.6 | 7.0 | 10.4 | 22.2% |
| Iraq | 0.6 | 0.6 | 2.2 | 10.2 | 157.1% |
| Germany | 9.1 | 9.9 | 8.6 | 7.5 | -6.2% |
| Ukraine | 1.8 | 1.0 | 3.4 | 6.3 | 51.8% |
| Turkey | 0.7 | 1.3 | 1.2 | 6.2 | 106.9% |
| Italy | 2.7 | 3.0 | 3.9 | 4.7 | 20.3% |
| Russia | 3.5 | 3.1 | 2.1 | 4.3 | 7.1% |
| Greece | 1.7 | 3.7 | 3.1 | 3.5 | 27.2% |
| Netherlands | 2.0 | 2.5 | 2.9 | 3.1 | 15.7% |
| Poland | 3.7 | 3.7 | 3.8 | 2.9 | -7.8% |
| France | 3.1 | 2.2 | 2.5 | 2.7 | -4.5% |
| United Kingdom | 0.9 | 0.2 | 2.5 | 2.6 | 42.4% |
| Romania | 2.3 | 2.5 | 2.7 | 1.9 | -6.2% |
| Others | 13.5 | 18.3 | 17.5 | 20.6 | 15.1% |
| Total | 51.3 | 62.6 | 63.3 | 86.8 | 19.2% |
Top Export Markets for Wadding from Bulgaria in 2022:
- Germany (1464.2 tons)
- Lithuania (1203.7 tons)
- Iraq (1033.9 tons)
- Ukraine (704.1 tons)
- Turkey (688.5 tons)
- Greece (546.9 tons)
- United Kingdom (541.4 tons)
- Netherlands (516.0 tons)
- France (475.4 tons)
- Russia (430.0 tons)
- Italy (415.0 tons)
- Poland (397.5 tons)
- Romania (371.3 tons)
Wadding Imports in Bulgaria
Wadding imports into Bulgaria surged to 3.3K tons in 2022, increasing by 23% on the previous year. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.6% 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 +98.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, wadding imports soared to $24M in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wadding in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1.1 | 2.4 | 0.9 | 8.1 | 94.5% |
| Turkey | 2.4 | 4.0 | 5.8 | 4.9 | 26.9% |
| Lithuania | 1.4 | 0.3 | 1.3 | 3.4 | 34.4% |
| Italy | 0.5 | 0.6 | 0.6 | 1.6 | 47.4% |
| Greece | 0.7 | 0.8 | 1.3 | 1.6 | 31.7% |
| Romania | 0.1 | 0.7 | 1.2 | 0.8 | 100.0% |
| Germany | 0.7 | 0.8 | 1.0 | 0.8 | 4.6% |
| China | 0.3 | 0.4 | 0.6 | 0.6 | 26.0% |
| Others | 1.6 | 2.1 | 1.7 | 1.8 | 4.0% |
| Total | 8.8 | 12.0 | 14.3 | 23.7 | 39.1% |
Top Suppliers of Wadding to Bulgaria in 2022:
- Turkey (1046.5 tons)
- Hungary (880.9 tons)
- Greece (323.1 tons)
- Lithuania (284.1 tons)
- China (176.8 tons)
- Germany (109.1 tons)
- Romania (98.1 tons)
- Italy (93.4 tons)
This report provides an in-depth analysis of the 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 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:
- 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
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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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