Bulgaria: Wadding Of Textile Market Overview 2020

Wadding Of Textile Market Size in Bulgaria

The revenue of the wadding of textile market in Bulgaria amounted to $X in 2018, rising by X% against the previous year. In general, wadding of textile consumption, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. Wadding of textile consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Wadding Of Textile Production in Bulgaria

In value terms, wadding of textile production amounted to $X in 2018 estimated in export prices. Overall, wadding of textile production, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Wadding of textile production peaked in 2018 and is likely to continue its growth in the near future.

Wadding Of Textile Exports

Exports from Bulgaria

In 2018, the exports of wadding of textile materials and articles thereof from Bulgaria amounted to X tonnes, reducing by -X% against the previous year. In general, wadding of textile exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, wadding of textile exports stood at $X in 2018. Overall, wadding of textile exports, however, continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

France (X tonnes), Germany (X tonnes) and Romania (X tonnes) were the main destinations of wadding of textile exports from Bulgaria, together comprising X% of total exports. These countries were followed by Poland, Greece, Ukraine, the Netherlands, Italy, Lithuania, the UK, Turkey and Latvia, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wadding of textile exported from Bulgaria were Germany ($X), France ($X) and Ukraine ($X), with a combined X% share of total exports. These countries were followed by Romania, Poland, Lithuania, Italy, the Netherlands, Turkey, Greece, Latvia and the UK, which together accounted for a further X the main countries of destination, Lithuania (+X% per year) experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average wadding of textile export price amounted to $X per tonne, rising by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for wadding of textile materials and articles thereof reached their peak figure in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Ukraine ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Wadding Of Textile Imports

Imports into Bulgaria

In 2018, the wadding of textile imports into Bulgaria totaled X tonnes, picking up by X% against the previous year. In general, wadding of textile imports, however, continue to indicate a slight shrinkage. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. In that year, wadding of textile imports attained their peak of X tonnes. From 2011 to 2018, the growth of wadding of textile imports remained at a lower figure.

In value terms, wadding of textile imports totaled $X in 2018. Over the period under review, wadding of textile imports, however, continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, wadding of textile imports attained their peak figure at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Turkey (X tonnes) constituted the largest supplier of wadding of textile to Bulgaria, with a X% share of total imports. Moreover, wadding of textile imports from Turkey exceeded the figures recorded by the second-largest supplier, Lithuania (X tonnes), sixfold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Turkey amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (-X% per year) and Italy (-X% per year).

In value terms, the largest wadding of textile suppliers to Bulgaria were Turkey ($X), Lithuania ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by Italy, France, China, Cyprus, Poland, the Netherlands, Austria, Serbia and the UK, which together accounted for a further X Netherlands (+X% per year) recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average wadding of textile import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price indicated a noticeable increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wadding of textile import price decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, the average import prices for wadding of textile materials and articles thereof reached their maximum at $X per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Lithuania ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform