Bulgaria: Pantyhose Market Overview 2020

Pantyhose Market Size in Bulgaria

The revenue of the pantyhose market in Bulgaria amounted to $X in 2018, going down by -X% against the previous year. Overall, pantyhose consumption continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Pantyhose consumption peaked at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Pantyhose Production in Bulgaria

In value terms, pantyhose production stood at $X in 2018 estimated in export prices. Over the period under review, pantyhose production continues to indicate a mild descent. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, pantyhose production reached its peak figure level at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

Pantyhose Exports

Exports from Bulgaria

Pantyhose exports from Bulgaria stood at X pairs in 2018, surging by X% against the previous year. In general, pantyhose exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. In that year, pantyhose exports reached their peak of X pairs. From 2012 to 2018, the growth of pantyhose exports remained at a lower figure.

In value terms, pantyhose exports stood at $X in 2018. Over the period under review, pantyhose exports, however, continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Exports peaked at $X in 2009; however, from 2010 to 2018, exports remained at a lower figure.

Exports by Country

Greece (X pairs) was the main destination for pantyhose exports from Bulgaria, accounting for a X% share of total exports. Moreover, pantyhose exports to Greece exceeded the volume sent to the second major destination, Turkey (X pairs), more than tenfold. The third position in this ranking was occupied by Slovakia (X pairs), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Greece totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-X% per year) and Slovakia (-X% per year).

In value terms, Greece ($X) remains the key foreign market for pantyhose exports from Bulgaria, comprising X% of total pantyhose exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2007 to 2018, 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: Germany (-X% per year) and Turkey (-X% per year).

Export Prices by Country

The average pantyhose export price stood at $X per pair in 2018, reducing by -X% against the previous year. In general, the pantyhose export price continues to indicate a temperate shrinkage. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. In that year, the average export prices for pantyhose and tights reached their peak level of $X per pair. From 2017 to 2018, the growth in terms of the average export prices for pantyhose and tights remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per pair), while the average price for exports to Greece ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Pantyhose Imports

Imports into Bulgaria

In 2018, approx. X pairs of pantyhose and tights were imported into Bulgaria; surging by X% against the previous year. In general, pantyhose imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at X pairs in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, pantyhose imports stood at $X in 2018. In general, pantyhose imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Greece (X pairs) constituted the largest supplier of pantyhose to Bulgaria, with a X% share of total imports. Moreover, pantyhose imports from Greece exceeded the figures recorded by the second-largest supplier, China (X pairs), threefold. The third position in this ranking was occupied by Turkey (X pairs), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Greece amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Turkey (-X% per year).

In value terms, the largest pantyhose suppliers to Bulgaria were Italy ($X), Turkey ($X) and Greece ($X), with a combined X% share of total imports. These countries were followed by China, which accounted for a further X the main suppliers, China recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced a decline.

Import Prices by Country

In 2018, the average pantyhose import price amounted to $X per pair, stabilizing at the previous year. In general, the pantyhose import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% year-to-year. The import price peaked in 2018 and is expected to retain its growth in the near future.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform