Bulgaria - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bulgaria - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights

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Woolen Yarn Price in Bulgaria - 2023

Contents:

  1. Woolen Yarn Price in Bulgaria (FOB) - 2023
  2. Woolen Yarn Price in Bulgaria (CIF) - 2023
  3. Woolen Yarn Exports in Bulgaria
  4. Woolen Yarn Imports in Bulgaria

Woolen Yarn Price in Bulgaria (FOB) - 2023

The average woolen yarn export price stood at $27,879 per ton in July 2023, with an increase of 9.9% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.6%. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 13% month-to-month. The export price peaked in July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($34,292 per ton), while the average price for exports to Austria ($12,725 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 Germany (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Woolen Yarn Price in Bulgaria (CIF) - 2023

The average woolen yarn import price stood at $28,269 per ton in July 2023, jumping by 19% against the previous month. Over the period under review, import price indicated a slight increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, woolen yarn import price decreased by -4.1% against May 2023 indices. The pace of growth was the most pronounced in October 2022 an increase of 49% month-to-month. As a result, import price reached the peak level of $31,629 per ton. From November 2022 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Peru ($52,072 per ton), while the price for Turkey ($9,255 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Woolen Yarn Exports in Bulgaria

In 2022, exports of yarn of wool from Bulgaria soared to 5.2K tons, growing by 20% compared with the previous year. The total export volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, woolen yarn exports soared to $99M in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Woolen Yarn in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy54.039.535.353.0-0.6%
Germany8.013.224.129.554.5%
Romania1.42.23.03.738.3%
Lithuania1.51.32.32.417.0%
Austria0.91.11.71.313.0%
United Kingdom6.88.0N/AN/A17.6%
Others6.35.98.18.610.9%
Total78.871.274.598.67.8%

Top Export Markets for Woolen Yarn from Bulgaria in 2022:

  1. Italy (2340.3 tons)
  2. Germany (1933.9 tons)
  3. Romania (252.2 tons)
  4. Lithuania (180.1 tons)
  5. Austria (115.0 tons)
  6. United Kingdom (0.7 tons)

Woolen Yarn Imports in Bulgaria

In 2022, imports of yarn of wool into Bulgaria soared to 912 tons, with an increase of 48% compared with 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.0% 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 +90.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, woolen yarn imports surged to $23M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 +74.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Woolen Yarn in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy15.911.714.917.73.6%
Turkey0.20.20.71.8108.0%
PortugalN/AN/AN/A1.60%
United Kingdom0.40.30.50.57.7%
Germany0.20.30.20.426.0%
Others0.90.80.40.90.0%
Total17.513.216.723.09.5%

Top Suppliers of Woolen Yarn to Bulgaria in 2022:

  1. Italy (623.8 tons)
  2. Turkey (153.7 tons)
  3. Portugal (49.3 tons)
  4. Germany (29.6 tons)
  5. United Kingdom (21.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the woolen yarn 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 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
  • Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
  • Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.

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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Free Data: Yarn Of Wool - Bulgaria