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Bulgaria - Athletic Footwear - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Athletic Footwear Market Overview 2021

Athletic Footwear Market Size in Bulgaria

The Bulgarian athletic footwear market skyrocketed to $X in 2020, jumping by X% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Athletic Footwear Production in Bulgaria

In value terms, athletic footwear production surged to $X in 2020 estimated in export prices. Overall, production recorded strong growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Athletic Footwear Exports

Exports from Bulgaria

In 2020, overseas shipments of athletic footwear increased by X% to X pairs, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Exports peaked at X pairs in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, athletic footwear exports surged to $X in 2020. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Serbia (X pairs), Romania (X pairs) and Italy (X pairs) were the main destinations of athletic footwear exports from Bulgaria, with a combined X% share of total exports. These countries were followed by Greece, Poland and the Czech Republic, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (+X% per year), while exports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual rate of growth in terms of value to Romania totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+X% per year) and Italy (+X% per year).

Export Prices by Country

In 2020, the average athletic footwear export price amounted to $X per pair, surging by X% against the previous year. Overall, the export price posted resilient growth. The pace of growth appeared the most rapid in 2019 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum in 2020 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Romania ($X per pair), while the average price for exports to Serbia ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced more modest paces of growth.

Athletic Footwear Imports

Imports into Bulgaria

Athletic footwear imports into Bulgaria expanded remarkably to X pairs in 2020, picking up by X% against the previous year. In general, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X pairs in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, athletic footwear imports dropped notably to $X in 2020. Over the period under review, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2019, and then declined markedly in the following year.

Imports by Country

In 2020, Greece (X pairs) constituted the largest supplier of athletic footwear to Bulgaria, accounting for a X% share of total imports. Moreover, athletic footwear imports from Greece exceeded the figures recorded by the second-largest supplier, China (X pairs), fourfold. Germany (X pairs) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Greece totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Germany (+X% per year).

In value terms, the largest athletic footwear suppliers to Bulgaria were Belgium ($X), Germany ($X) and Romania ($X), together accounting for X% of total imports.

Belgium (+X% per year) saw the highest growth rate of the value of imports, in terms of 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 athletic footwear import price amounted to $X per pair, shrinking by -X% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The growth pace was the most rapid in 2010 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per pair in 2019, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per pair), while the price for Greece ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for athletic footwear in the world?
+
The countries with the highest volumes of athletic footwear consumption in 2020 were China (335M pairs), the U.S. (289M pairs) and India (159M pairs), with a combined 34% share of global consumption. These countries were followed by Indonesia, Germany, Russia, Japan, Mexico, the UK, Pakistan, Bangladesh, Brazil and Turkey, which together accounted for a further 26%.
What are the largest producers of athletic footwear in the world?
+
The countries with the highest volumes of athletic footwear production in 2020 were China (708M pairs), Viet Nam (421M pairs) and Indonesia (165M pairs), together accounting for 51% of global production. These countries were followed by India, Russia, Pakistan, Bangladesh and Japan, which together accounted for a further 14%.
What are the leading suppliers of athletic footwear to Bulgaria?
+
In value terms, Belgium ($4.8M), Germany ($3M) and Romania ($2.5M) appeared to be the largest athletic footwear suppliers to Bulgaria, together comprising 53% of total imports.
What are the leading importers of athletic footwear from Bulgaria?
+
In value terms, Romania ($4.2M) remains the key foreign market for athletic footwear exports from Bulgaria, comprising 51% of total exports. The second position in the ranking was occupied by Greece ($1.5M), with a 19% share of total exports. It was followed by Italy, with a 14% share.
What is the average export price for athletic footwear in Bulgaria?
+
In 2020, the average athletic footwear export price amounted to $38 per pair, picking up by 23% against the previous year.
What is the average import price for athletic footwear in Bulgaria?
+
In 2020, the average athletic footwear import price amounted to $17 per pair, which is down by -34.1% against the previous year.

Product coverage:
• Prodcom 15202100 - Sports footwear with rubber or plastic outer soles and textile uppers (including tennis shoes, basketball shoes, gym shoes, t raining shoes and the like)

This report provides an in-depth analysis of the athletic footwear 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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