Report Bulgaria - Sacks and Bags of Cotton - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Oct 18, 2022

Bulgaria - Sacks and Bags of Cotton - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Cotton Bag Market 2022

Cotton Bag Market Size in Bulgaria

For the seventh consecutive year, the Bulgarian cotton bag market recorded growth in sales value, which increased by X% to $X in 2021. Overall, consumption posted a strong expansion. Cotton bag consumption peaked in 2021 and is expected to retain growth in the near future.

Cotton Bag Production in Bulgaria

In value terms, cotton bag production expanded notably to $X in 2021 estimated in export price. In general, production saw a pronounced decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Cotton Bag Exports

Exports from Bulgaria

Cotton bag exports from Bulgaria skyrocketed to X tons in 2021, picking up by X% compared with 2020 figures. In general, exports saw a prominent increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, cotton bag exports surged to $X in 2021. Overall, exports saw a resilient expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for cotton bag exports from Bulgaria, accounting for a X% share of total exports. Moreover, cotton bag exports to the Netherlands exceeded the volume sent to the second major destination, Switzerland (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and the United States (+X% per year).

In value terms, Switzerland ($X) emerged as the key foreign market for cotton bag exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2021, the average annual growth rate of value to Switzerland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average cotton bag export price stood at $X per ton in 2021, dropping by -X% against the previous year. Overall, the export price recorded a perceptible reduction. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Cotton Bag Imports

Imports into Bulgaria

In 2021, the amount of sacks and bags of cotton imported into Bulgaria skyrocketed to X tons, surging by X% compared with the year before. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, cotton bag imports skyrocketed to $X in 2021. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of cotton bag to Bulgaria, with a X% share of total imports. Moreover, cotton bag imports from China exceeded the figures recorded by the second-largest supplier, North Macedonia (X tons), more than tenfold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: North Macedonia (X% per year) and Italy (+X% per year).

In value terms, China ($X) constituted the largest supplier of cotton bag to Bulgaria, comprising X% of total imports. The second position in the ranking was held by North Macedonia ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: North Macedonia (X% per year) and Italy (+X% per year).

Import Prices by Country

In 2021, the average cotton bag import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, saw a deep reduction. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was North Macedonia ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sacks and bags of cotton in the world?
+
Italy remains the largest cotton bag consuming country worldwide, comprising approx. 25% of total volume. Moreover, cotton bag consumption in Italy exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was held by Pakistan, with a 5.4% share.
What are the largest producers of sacks and bags of cotton in the world?
+
The countries with the highest volumes of production in 2021 were Italy, China and Pakistan, together comprising 45% of global production.
What are the leading suppliers of sacks and bags of cotton to Bulgaria?
+
In value terms, China constituted the largest supplier of cotton bag to Bulgaria, comprising 76% of total imports. The second position in the ranking was held by North Macedonia, with a 14% share of total imports. It was followed by Italy, with a 6.5% share.
What are the leading importers of sacks and bags of cotton from Bulgaria?
+
In value terms, Switzerland emerged as the key foreign market for cotton bag exports from Bulgaria, comprising 49% of total exports. The second position in the ranking was taken by Germany, with a 17% share of total exports. It was followed by the Netherlands, with an 8.4% share.
What is the average export price for sacks and bags of cotton in Bulgaria?
+
In 2021, the average cotton bag export price amounted to $18,676 per ton, dropping by -2% against the previous year.
What is the average import price for sacks and bags of cotton in Bulgaria?
+
The average cotton bag import price stood at $15,996 per ton in 2021, surging by 6.6% against the previous year.

This report provides an in-depth analysis of the cotton bag 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 13922130 - Sacks and bags, of cotton, used for packing goods
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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