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Bulgaria - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Woolen Yarn Market Overview 2020

Woolen Yarn Market Size in Bulgaria

The revenue of the woolen yarn market in Bulgaria amounted to $X in 2018, growing by X% against the previous year. Overall, the total market indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, woolen yarn consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Woolen yarn consumption peaked at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Woolen Yarn Production in Bulgaria

In value terms, woolen yarn production amounted to $X in 2018 estimated in export prices. In general, woolen yarn production continues to indicate significant growth. The pace of growth was the most pronounced in 2011 when production volume increased by X% y-o-y. In that year, woolen yarn production reached its peak level of $X. From 2012 to 2018, woolen yarn production growth failed to regain its momentum.

Woolen Yarn Exports

Exports from Bulgaria

In 2018, the amount of yarn of wool exported from Bulgaria stood at X tonnes, remaining stable against the previous year. Over the period under review, woolen yarn exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Exports peaked at X tonnes in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, woolen yarn exports totaled $X in 2018. In general, the total exports indicated a strong increase from 2007 to 2018: its value decreased 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, woolen yarn exports decreased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. In that year, woolen yarn exports attained their peak of $X. From 2012 to 2018, the growth of woolen yarn exports remained at a lower figure.

Exports by Country

Italy (X tonnes) was the main destination for woolen yarn exports from Bulgaria, accounting for a X% share of total exports. Moreover, woolen yarn exports to Italy exceeded the volume sent to the second major destination, the UK (X tonnes), fourfold. The third position in this ranking was occupied by Norway (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Italy amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Norway (+X% per year).

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

From 2007 to 2018, the average annual growth rate of value to Italy totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Norway (+X% per year).

Export Prices by Country

In 2018, the average woolen yarn export price amounted to $X per tonne, approximately reflecting the previous year. Over the period under review, the export price indicated strong growth 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, woolen yarn export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Norway ($X per tonne), while the average price for exports to the UK ($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 Italy, while the prices for the other major destinations experienced more modest paces of growth.

Woolen Yarn Imports

Imports into Bulgaria

In 2018, the imports of yarn of wool into Bulgaria stood at X tonnes, coming down by -X% against the previous year. Overall, woolen yarn imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. In that year, woolen yarn imports reached their peak of X tonnes. From 2016 to 2018, the growth of woolen yarn imports remained at a lower figure.

In value terms, woolen yarn imports stood at $X in 2018. Overall, woolen yarn imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. In that year, woolen yarn imports attained their peak of $X. From 2016 to 2018, the growth of woolen yarn imports remained at a somewhat lower figure.

Imports by Country

In 2018, Italy (X tonnes) constituted the largest woolen yarn supplier to Bulgaria, with a X% share of total imports. Moreover, woolen yarn imports from Italy exceeded the figures recorded by the second-largest supplier, the UK (X tonnes), sevenfold. The third position in this ranking was occupied by Thailand (X tonnes), with a X% share.

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

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

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

Import Prices by Country

The average woolen yarn import price stood at $X per tonne in 2018, going up by X% against the previous year. In general, the import price indicated a remarkable increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, woolen yarn import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. Over the period under review, the average import prices for yarn of wool reached their maximum in 2018 and is likely to continue its growth in the near future.

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

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
• Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
• Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.

This report provides an in-depth analysis of the woolen yarn 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.


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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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