Latest Report Update: Jun 7, 2021

Bulgaria - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Bulgaria: Leather Apparel Market Overview 2021

Leather Apparel Market Size in Bulgaria

In 2020, the Bulgarian leather apparel market decreased by -X% to $X, falling for the third consecutive year after two years of growth. In general, consumption showed a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Leather Apparel Production in Bulgaria

In value terms, leather apparel production declined to $X in 2020 estimated in export prices. Overall, production, however, saw a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Leather Apparel Exports

Exports from Bulgaria

In 2020, approx. X units of apparel of leather or of composition leather were exported from Bulgaria; rising by X% on the previous year's figure. In general, exports posted a buoyant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, leather apparel exports soared to $X in 2020. Overall, exports continue to indicate a temperate expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2014 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Greece (X units) was the main destination for leather apparel exports from Bulgaria, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Greece totaled +X%.

In value terms, Greece ($X) also remains the key foreign market for leather apparel exports from Bulgaria.

From 2007 to 2020, the average annual rate of growth in terms of value to Greece stood at +X%.

Export Prices by Country

The average leather apparel export price stood at $X per unit in 2020, shrinking by -X% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2007 to 2020, the rate of growth in terms of prices for Greece amounted to -X% per year.

Leather Apparel Imports

Imports into Bulgaria

In 2020, purchases abroad of apparel of leather or of composition leather decreased by -X% to X units, falling for the third consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, leather apparel imports fell significantly to $X in 2020. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X units), Spain (X units) and Poland (X units) were the main suppliers of leather apparel imports to Bulgaria, with a combined X% share of total imports. Romania, Italy, the Netherlands and the Czech Republic lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest leather apparel suppliers to Bulgaria were Germany ($X), Italy ($X) and Spain ($X), with a combined X% share of total imports. These countries were followed by the Netherlands, Poland, Romania and the Czech Republic, which together accounted for a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average leather apparel import price amounted to $X per unit, reducing by -X% against the previous year. Overall, the import price, however, showed a notable increase. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apparel of leather or of composition leather in the world?
+
The country with the largest volume of leather apparel consumption was China (114M units), comprising approx. 47% of total volume. Moreover, leather apparel consumption in China exceeded the figures recorded by the second-largest consumer, India (12M units), tenfold. The third position in this ranking was occupied by the U.S. (7.5M units), with a 3.1% share.
What are the largest producers of apparel of leather or of composition leather in the world?
+
China (118M units) constituted the country with the largest volume of leather apparel production, accounting for 48% of total volume. Moreover, leather apparel production in China exceeded the figures recorded by the second-largest producer, India (16M units), sevenfold. Pakistan (13M units) ranked third in terms of total production with a 5.5% share.
What are the leading suppliers of apparel of leather or of composition leather to Bulgaria?
+
In value terms, Germany ($625K), Italy ($618K) and Spain ($416K) were the largest leather apparel suppliers to Bulgaria, together comprising 59% of total imports. The Netherlands, Poland, Romania and the Czech Republic lagged somewhat behind, together accounting for a further 26%.
What are the leading importers of apparel of leather or of composition leather from Bulgaria?
+
In value terms, Greece ($734K) remains the key foreign market for leather apparel exports from Bulgaria.
What is the average export price for apparel of leather or of composition leather in Bulgaria?
+
The average leather apparel export price stood at $14 per unit in 2020, dropping by -63.4% against the previous year.
What is the average import price for apparel of leather or of composition leather in Bulgaria?
+
The average leather apparel import price stood at $40 per unit in 2020, reducing by -21% against the previous year.

Product coverage:
• Prodcom 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)

This report provides an in-depth analysis of the leather apparel 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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