Report Update Apr 1, 2024

Bulgaria - Silk Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Silk Yarn Market 2021

Silk Yarn Market Size in Bulgaria

In 2019, after two years of growth, there was significant decline in the Bulgarian silk yarn market, when its value decreased by -X% to $X. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2015 to 2019, the growth of the market remained at a lower figure.

Silk Yarn Production in Bulgaria

In value terms, silk yarn production fell notably to $X in 2019 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2015 to 2019, production growth remained at a lower figure.

Silk Yarn Exports

Exports from Bulgaria

After two years of growth, shipments abroad of silk yarn decreased by -X% to X tons in 2019. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

In value terms, silk yarn exports reduced dramatically to $X in 2019. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Exports peaked at $X in 2018, and then fell remarkably in the following year.

Exports by Country

Italy (X tons) was the main destination for silk yarn exports from Bulgaria, with a X% share of total exports. It was followed by Armenia (X kg), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Italy totaled -X%.

In value terms, Italy ($X) remains the key foreign market for silk yarn exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by Armenia ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Italy totaled -X%.

Export Prices by Country

The average silk yarn export price stood at $X per ton in 2019, falling by -X% against the previous year. Over the period under review, export price indicated temperate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, silk yarn export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2018, and then shrank in the following year.

Average prices varied noticeably for the major overseas markets. In 2019, the country with the highest price was Armenia ($X per ton), while the average price for exports to Italy amounted to $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy.

Silk Yarn Imports

Imports into Bulgaria

After three years of growth, purchases abroad of silk yarn decreased by -X% to X tons in 2019. Overall, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of X tons, and then fell sharply in the following year.

In value terms, silk yarn imports fell markedly to $X in 2019. Over the period under review, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% year-to-year. Imports peaked at $X in 2018, and then declined remarkably in the following year.

Imports by Country

Turkey (X kg), Germany (X kg) and the UK (X kg) were the main suppliers of silk yarn imports to Bulgaria, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in Turkey, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest silk yarn suppliers to Bulgaria were Germany ($X), Turkey ($X) and Italy ($X), with a combined X% share of total imports.

Turkey (+X% per year) 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

The average silk yarn import price stood at $X per ton in 2019, growing by X% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

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Frequently Asked Questions (FAQ) :

What are the largest markets for silk yarn in the world?

The countries with the highest volumes of silk yarn consumption in 2019 were China, the U.S. and India, with a combined 32% share of global consumption. Japan, Russia, Germany, Pakistan, Brazil, Bangladesh, the UK, Indonesia, Nigeria and Mexico lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of silk yarn in the world?

The countries with the highest volumes of silk yarn production in 2019 were China, the U.S. and India, with a combined 32% share of global production. These countries were followed by Japan, Russia, Germany, Brazil, Pakistan, Bangladesh, Nigeria, Indonesia, the UK and Mexico, which together accounted for a further 25%.

What are the leading suppliers of silk yarn to Bulgaria?

In value terms, the largest silk yarn suppliers to Bulgaria were Germany, Turkey and Italy, with a combined 86% share of total imports.

What are the leading importers of silk yarn from Bulgaria?

In value terms, Italy remains the key foreign market for silk yarn exports from Bulgaria, comprising 96% of total exports. The second position in the ranking was occupied by Armenia, with a 3.4% share of total exports.

What is the average export price for silk yarn in Bulgaria?

The average silk yarn export price stood at $74,195 per ton in 2019, declining by -9.1% against the previous year.

What is the average import price for silk yarn in Bulgaria?

The average silk yarn import price stood at $70,730 per ton in 2019, growing by 15% against the previous year.

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

Product coverage:

Prodcom 13104010 - Silk yarn, n.p.r.s. (excluding spun from silk waste)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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