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Store → Textiles, Apparel And Leather Goods → Other Textiles → Tyre Cord Fabric Of High Tenacity Yarn
Report Bulgaria - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Bulgaria - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Tyre Cord Fabric Market 2022

Tyre Cord Fabric Market Size in Bulgaria

In 2021, the Bulgarian tyre cord fabric market decreased by -18.9% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption saw a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Tyre Cord Fabric Exports

Exports from Bulgaria

In 2021, shipments abroad of tyre cord fabric of high tenacity yarn was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 2,927%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, tyre cord fabric exports skyrocketed to $X in 2021. Over the period under review, exports showed strong growth. The growth pace was the most rapid in 2016 with an increase of 3,011%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Turkey (X tons) was the main destination for tyre cord fabric exports from Bulgaria, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Turkey totaled +46.4%.

In value terms, Turkey ($X) emerged as the key foreign market for tyre cord fabric exports from Bulgaria.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +24.7%.

Export Prices by Country

The average tyre cord fabric export price stood at $X per ton in 2021, with a decrease of -6.1% against the previous year. Overall, the export price showed a deep contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 11%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Sweden amounted to -1.9% per year.

Tyre Cord Fabric Imports

Imports into Bulgaria

In 2021, tyre cord fabric imports into Bulgaria contracted to X tons, shrinking by -13.1% on the previous year. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2015 with an increase of 17%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, tyre cord fabric imports rose slightly to $X in 2021. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of 53%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of tyre cord fabric to Bulgaria, accounting for a 78% share of total imports. Moreover, tyre cord fabric imports from Turkey exceeded the figures recorded by the second-largest supplier, Belarus (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to -9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (-9.5% per year) and Italy (+74.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of tyre cord fabric to Bulgaria, comprising 71% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Turkey stood at -13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+60.5% per year) and Belarus (-12.6% per year).

Import Prices by Country

In 2021, the average tyre cord fabric import price amounted to $X per ton, with an increase of 17% against the previous year. Overall, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 an increase of 41%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-3.4%), while the prices for the other major suppliers experienced a decline.

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 tyre cord fabric of high tenacity yarn in the world?
+
The country with the largest volume of tyre cord fabric consumption was China, comprising approx. 22% of total volume. Moreover, tyre cord fabric consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was taken by Russia, with a 6.1% share.
What are the largest producers of tyre cord fabric of high tenacity yarn in the world?
+
China remains the largest tyre cord fabric producing country worldwide, accounting for 32% of total volume. Moreover, tyre cord fabric production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. Russia ranked third in terms of total production with a 5.6% share.
What are the leading suppliers of tyre cord fabric of high tenacity yarn to Bulgaria?
+
In value terms, Turkey constituted the largest supplier of tyre cord fabric to Bulgaria, comprising 71% of total imports. The second position in the ranking was held by Italy, with a 16% share of total imports.
What are the leading importers of tyre cord fabric of high tenacity yarn from Bulgaria?
+
In value terms, Turkey emerged as the key foreign market for tyre cord fabric exports from Bulgaria.
What is the average export price for tyre cord fabric of high tenacity yarn in Bulgaria?
+
In 2021, the average tyre cord fabric export price amounted to $3,548 per ton, reducing by -6.1% against the previous year.
What is the average import price for tyre cord fabric of high tenacity yarn in Bulgaria?
+
In 2021, the average tyre cord fabric import price amounted to $4,128 per ton, increasing by 17% against the previous year.

This report provides an in-depth analysis of the tyre cord fabric 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 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon
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

2.1
KEY FINDINGS
2.2
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

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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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