Price for Braids; in the Piece in Bulgaria - 2023

Contents:

  1. Price for Braids; in the Piece in Bulgaria (CIF) - 2022
  2. Price for Braids; in the Piece in Bulgaria (FOB) - 2022
  3. Imports of Braids; in the Piece in Bulgaria
  4. Exports of Braids; in the Piece in Bulgaria

Price for Braids; in the Piece in Bulgaria (CIF) - 2022

The average braids; in the piece import price stood at $6,317 per ton in 2022, picking up by 13% against the previous year. In general, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 36%. Over the period under review, average import prices hit record highs at $20,234 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($53,256 per ton), while the price for Turkey ($2,642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Braids; in the Piece in Bulgaria (FOB) - 2022

The average braids; in the piece export price stood at $42,060 per ton in 2022, growing by 33% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece export price increased by +185.8% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 114% against the previous year. The export price peaked at $42,119 per ton in 2018; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($154,961 per ton), while the average price for exports to North Macedonia ($23,535 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids; in the Piece in Bulgaria

In 2022, imports of braids; in the pieces into Bulgaria contracted markedly to 221 tons, falling by -32.9% against the year before. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 80%.

In value terms, braids; in the piece imports fell dramatically to $1.4M in 2022. Overall, imports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year.

Import of Braids; in the Piece in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany766591634640-5.8%
Hungary16214452645741.3%
Turkey92.255.561.764.7-11.1%
Greece18469.487.446.8-36.6%
Italy1,16775.364.344.5-66.3%
Others554374471145-36.0%
Total2,9251,3101,8441,399-21.8%

Top Suppliers of Braids; in the Piece to Bulgaria in 2022:

  1. Hungary (127.5 tons)
  2. Germany (62.3 tons)
  3. Turkey (24.5 tons)
  4. Greece (1.6 tons)
  5. Italy (0.8 tons)

Exports of Braids; in the Piece in Bulgaria

In 2022, overseas shipments of braids; in the pieces were finally on the rise to reach 3.7 tons after two years of decline. Over the period under review, exports, however, saw a abrupt shrinkage.

In value terms, braids; in the piece exports soared to $156K in 2022. Overall, exports enjoyed a notable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Braids; in the Piece in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A53.90%
North MacedoniaN/AN/A8.534.8309.4%
Albania25.99.715.028.22.9%
TurkeyN/A21.73.920.5-2.8%
SerbiaN/AN/AN/A10.30%
Germany42.70.90.41.1-70.5%
France11.70.3N/A0.4-67.5%
United Kingdom3.6N/AN/A0.1-69.7%
Bosnia and Herzegovina6.42.0N/AN/A-68.8%
Greece39.88.50.4N/A-90.0%
Others7.51.01.67.2-1.4%
Total13844.229.71564.2%

Top Export Markets for Braids; in the Piece from Bulgaria in 2022:

  1. North Macedonia (1480.0 kg)
  2. Albania (756.0 kg)
  3. Turkey (748.0 kg)
  4. China (348.0 kg)
  5. Serbia (274.0 kg)
  6. Germany (29.0 kg)
  7. France (8.0 kg)
  8. United Kingdom (4.0 kg)

Source: IndexBox Market Intelligence Platform

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