Latest Report Update: Jan 18, 2021

Bulgaria - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Tyre Cord Fabric Market Overview 2021

Tyre Cord Fabric Market Size in Bulgaria

After two years of growth, the Bulgarian tyre cord fabric market decreased by -X% to $X in 2019. Overall, consumption, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Tyre Cord Fabric Exports

Exports from Bulgaria

After four years of growth, overseas shipments of tyre cord fabric of high tenacity yarn decreased by -X% to X tonnes in 2019. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Exports peaked at X tonnes in 2018, and then declined notably in the following year.

In value terms, tyre cord fabric exports dropped notably to $X in 2019. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2018, and then dropped rapidly in the following year.

Exports by Country

Pakistan (X tonnes) was the main destination for tyre cord fabric exports from Bulgaria, with a X% share of total exports. Moreover, tyre cord fabric exports to Pakistan exceeded the volume sent to the second major destination, Greece (X tonnes), threefold.

From 2007 to 2019, the average annual growth rate of volume to Pakistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+X% per year) and the Netherlands (+X% per year).

In value terms, the largest markets for tyre cord fabric exported from Bulgaria were Pakistan ($X), Greece ($X) and the Netherlands ($X), together accounting for X% of total exports.

Greece saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average tyre cord fabric export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price recorded a slight curtailment. The growth pace was the most rapid in 2012 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Greece ($X per tonne), while the average price for exports to Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced mixed trend patterns.

Tyre Cord Fabric Imports

Imports into Bulgaria

In 2019, after two years of growth, there was significant decline in purchases abroad of tyre cord fabric of high tenacity yarn, when their volume decreased by -X% to X tonnes. In general, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, tyre cord fabric imports dropped markedly to $X in 2019. Over the period under review, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Turkey (X tonnes) was the main tyre cord fabric supplier to Bulgaria, accounting for a X% share of total imports. It was followed by Italy (X tonnes), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the UK (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from Turkey totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2019, the average tyre cord fabric import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price showed a pronounced setback. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyre cord fabric of high tenacity yarn in the world?
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The countries with the highest volumes of tyre cord fabric consumption in 2019 were China (156K tonnes), the U.S. (86K tonnes) and Germany (64K tonnes), with a combined 34% share of global consumption. Japan, India, Thailand, Brazil, Russia, Indonesia, France, the UK, Romania and Mexico lagged somewhat behind, together comprising a further 34%.
What are the largest producers of tyre cord fabric of high tenacity yarn in the world?
+
China (345K tonnes) remains the largest tyre cord fabric producing country worldwide, accounting for 37% of total volume. Moreover, tyre cord fabric production in China exceeded the figures recorded by the second-largest producer, Viet Nam (137K tonnes), threefold. The third position in this ranking was occupied by Germany (54K tonnes), with a 5.7% share.
What are the leading suppliers of tyre cord fabric of high tenacity yarn to Bulgaria?
+
In value terms, Turkey ($1.1M) constituted the largest supplier of tyre cord fabric to Bulgaria, comprising 92% of total imports. The second position in the ranking was occupied by Italy ($47K), with a 3.8% share of total imports.
What are the leading importers of tyre cord fabric of high tenacity yarn from Bulgaria?
+
In value terms, Pakistan ($12K), Greece ($9.8K) and the Netherlands ($610) constituted the largest markets for tyre cord fabric exported from Bulgaria worldwide, together accounting for 96% of total exports.
What is the average export price for tyre cord fabric of high tenacity yarn in Bulgaria?
+
The average tyre cord fabric export price stood at $4,012 per tonne in 2019, dropping by -17% against the previous year.
What is the average import price for tyre cord fabric of high tenacity yarn in Bulgaria?
+
In 2019, the average tyre cord fabric import price amounted to $3,506 per tonne, declining by -14.8% against the previous year.

Product coverage:
• Prodcom 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon

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 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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