Latest Report Update: Jan 18, 2021

Bulgaria - Woven Fabrics Of Silk Or Of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Bulgaria: Silk Fabric Market Overview 2021

Silk Fabric Market Size in Bulgaria

After three years of growth, the Bulgarian silk fabric market decreased by -X% to $X in 2019. In general, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Silk fabric consumption peaked at $X in 2018, and then fell in the following year.

Silk Fabric Exports

Exports from Bulgaria

Silk fabric exports from Bulgaria was estimated at X square meters in 2019, therefore, remained relatively stable against 2018. Over the period under review, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Exports peaked at X square meters in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, silk fabric exports declined significantly to $X in 2019. In general, exports, however, saw a deep downturn. The growth pace was the most rapid in 2009 when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

Macedonia (X square meters) was the main destination for silk fabric exports from Bulgaria, accounting for a X% share of total exports. Moreover, silk fabric exports to Macedonia exceeded the volume sent to the second major destination, Italy (X square meters), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Macedonia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and France (-X% per year).

In value terms, the largest markets for silk fabric exported from Bulgaria were Macedonia ($X), Italy ($X) and France ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Macedonia saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2019, the average silk fabric export price amounted to $X per square meter, declining by -X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per square meter, and then dropped rapidly in the following year.

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

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

Silk Fabric Imports

Imports into Bulgaria

After two years of growth, purchases abroad of woven fabrics of silk or of silk waste decreased by -X% to X square meters in 2019. Over the period under review, imports showed a perceptible decline. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X square meters in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, silk fabric imports rose modestly to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the near future.

Imports by Country

In 2019, Italy (X square meters) constituted the largest silk fabric supplier to Bulgaria, with a X% share of total imports. Moreover, silk fabric imports from Italy exceeded the figures recorded by the second-largest supplier, France (X square meters), eightfold. The UK (X square meters) ranked third in terms of total imports with a X% share.

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

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

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

Import Prices by Country

The average silk fabric import price stood at $X per square meter in 2019, jumping by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. As a result, import price attained the peak level of $X per square meter. From 2012 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 Austria ($X per square meter), while the price for the UK ($X per square meter) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of silk or of silk waste in the world?
+
The countries with the highest volumes of silk fabric consumption in 2019 were China (445M square meters), Russia (369M square meters) and the U.S. (163M square meters), with a combined 55% share of global consumption.
What are the largest producers of woven fabrics of silk or of silk waste in the world?
+
The countries with the highest volumes of silk fabric production in 2019 were China (453M square meters), Russia (369M square meters) and the U.S. (162M square meters), with a combined 56% share of global production.
What are the leading suppliers of woven fabrics of silk or of silk waste to Bulgaria?
+
In value terms, Italy ($9.8M) constituted the largest supplier of silk fabric to Bulgaria, comprising 78% of total imports. The second position in the ranking was occupied by France ($858K), with a 6.9% share of total imports. It was followed by China, with a 3.8% share.
What are the leading importers of woven fabrics of silk or of silk waste from Bulgaria?
+
In value terms, Macedonia ($146K), Italy ($90K) and France ($16K) appeared to be the largest markets for silk fabric exported from Bulgaria worldwide, together comprising 89% of total exports.
What is the average export price for woven fabrics of silk or of silk waste in Bulgaria?
+
In 2019, the average silk fabric export price amounted to $78 per square meter, shrinking by -50.1% against the previous year.
What is the average import price for woven fabrics of silk or of silk waste in Bulgaria?
+
In 2019, the average silk fabric import price amounted to $153 per square meter, picking up by 19% against the previous year.

Product coverage:
• Prodcom 13201100 - Woven fabrics of silk or silk waste

This report provides an in-depth analysis of the silk 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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