Bulgaria: Plastic Headgear Market 2024

Plastic Headgear Market Size in Bulgaria

The Bulgarian plastic headgear market soared to $X in 2022, picking up by X% against the previous year. In general, consumption showed a strong increase. Plastic headgear consumption peaked in 2022 and is likely to continue growth in the near future.

Plastic Headgear Production in Bulgaria

In value terms, plastic headgear production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Plastic Headgear Exports

Exports from Bulgaria

In 2022, approx. X units of headgear of rubber or plastic were exported from Bulgaria; jumping by X% on 2021. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic headgear exports skyrocketed to $X in 2022. In general, exports enjoyed a prominent expansion. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Greece (X units), India (X units) and Austria (X units) were the main destinations of plastic headgear exports from Bulgaria, with a combined X% share of total exports. The UK, Cyprus, Germany, Croatia, the United Arab Emirates, North Macedonia, Poland, Finland and Malta lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cyprus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Greece ($X) emerged as the key foreign market for headgear of rubber or plastic exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Greece amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and the UK (X% per year).

Export Prices by Country

The average plastic headgear export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, saw a significant decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($X per unit), while the average price for exports to Cyprus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (X%), while the prices for the other major destinations experienced a decline.

Plastic Headgear Imports

Imports into Bulgaria

Plastic headgear imports into Bulgaria soared to X units in 2022, with an increase of X% against 2021 figures. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, plastic headgear imports rose remarkably to $X in 2022. Overall, imports posted a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X units) constituted the largest plastic headgear supplier to Bulgaria, with a X% share of total imports. Moreover, plastic headgear imports from Belgium exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by Finland (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Finland (X% per year).

In value terms, the largest plastic headgear suppliers to Bulgaria were Belgium ($X), China ($X) and Taiwan (Chinese) ($X), with a combined X% share of total imports.

Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average plastic headgear import price amounted to $X per unit, waning by X% against the previous year. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 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 the UK ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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