Bulgaria - Artificial Fur - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Fur Price in Bulgaria - 2023
Contents:
- Artificial Fur Price in Bulgaria (CIF) - 2022
- Artificial Fur Price in Bulgaria (FOB) - 2022
- Artificial Fur Imports in Bulgaria
- Artificial Fur Exports in Bulgaria
Artificial Fur Price in Bulgaria (CIF) - 2022
The average artificial fur import price stood at $11,493 per ton in 2022, growing by 7.7% against the previous year. In general, the import price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 50% against the previous year. The import price peaked at $21,727 per ton in 2012; however, from 2013 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 Greece ($54,133 per ton), while the price for Turkey ($5,242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Artificial Fur Price in Bulgaria (FOB) - 2022
The average artificial fur export price stood at $7,586 per ton in 2022, dropping by -72.1% against the previous year. Over the period under review, the export price faced a abrupt descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by 101%. Over the period under review, the average export prices attained the maximum at $91,917 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($54,347 per ton), while the average price for exports to Germany ($1,562 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 Poland (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Artificial Fur Imports in Bulgaria
In 2022, approx. 33 tons of artificial fur were imported into Bulgaria; declining by -18.1% against the previous year. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 102% against the previous year. As a result, imports attained the peak of 40 tons, and then contracted notably in the following year.
In value terms, artificial fur imports fell to $378K in 2022. Over the period under review, imports, however, saw a modest expansion. The pace of growth was the most pronounced in 2021 when imports increased by 63%. As a result, imports attained the peak of $429K, and then declined in the following year.
Import of Artificial Fur in Bulgaria (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 185 | 111 | 133 | 125 | -12.3% |
Czech Republic | 39.2 | 34.2 | 60.5 | 93.1 | 33.4% |
China | 104 | 80.3 | 133 | 81.4 | -7.8% |
Germany | 11.4 | 23.9 | 44.6 | 36.3 | 47.1% |
Poland | 18.4 | 4.7 | 27.1 | 13.6 | -9.6% |
Hong Kong SAR | N/A | N/A | 7.4 | 12.1 | 63.5% |
Turkey | 5.8 | N/A | 1.7 | 4.2 | -10.2% |
Others | 4.4 | 10.1 | 21.1 | 12.4 | 41.3% |
Total | 368 | 264 | 429 | 378 | 0.9% |
Top Suppliers of Artificial Fur to Bulgaria in 2022:
- China (11.2 tons)
- Czech Republic (9.9 tons)
- Germany (5.1 tons)
- Italy (3.1 tons)
- Hong Kong SAR (1.9 tons)
- Turkey (0.8 tons)
- Poland (0.6 tons)
Artificial Fur Exports in Bulgaria
Artificial fur exports from Bulgaria skyrocketed to 14 tons in 2022, increasing by 51% compared with the previous year. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 412%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, artificial fur exports shrank remarkably to $109K in 2022. In general, exports posted a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 662%. As a result, the exports reached the peak of $259K, and then declined notably in the following year.
Export of Artificial Fur in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 24.6 | 17.1 | 39.2 | 32.9 | 10.2% |
Serbia | 15.8 | N/A | 0.7 | 17.2 | 2.9% |
Bosnia and Herzegovina | N/A | 0.8 | 7.4 | 14.6 | 327.2% |
Greece | 7.5 | 5.1 | 8.1 | 11.4 | 15.0% |
Poland | 18.5 | 6.4 | 4.5 | 7.1 | -27.3% |
Germany | 1.0 | N/A | N/A | 5.4 | 75.4% |
Czech Republic | 0.2 | 1.5 | 2.6 | 4.7 | 186.4% |
Qatar | N/A | N/A | 6.7 | N/A | 0% |
Others | 0.8 | 3.2 | 190 | 15.7 | 169.7% |
Total | 68.4 | 34.0 | 259 | 109 | 16.8% |
Top Export Markets for Artificial Fur from Bulgaria in 2022:
- Germany (3.4 tons)
- Romania (3.2 tons)
- Bosnia and Herzegovina (2.8 tons)
- Serbia (2.4 tons)
- Greece (1.1 tons)
- Czech Republic (0.3 tons)
- Poland (0.3 tons)
This report provides an in-depth analysis of the artificial fur 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.
Product coverage:
- Prodcom 13911920 - Artificial fur and articles thereof
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, artificial fur and articles thereof imports stood at $X in 2016. Overall, it indicated a significant expansion from 2007 to 2016: the total imports value decreased at an average ann...
In value terms, artificial fur and articles thereof exports stood at $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decreased at an average annual rat...
In value terms, artificial fur and articles thereof imports stood at $X in 2016. Overall, it indicated a significant expansion from 2007 to 2016: the total imports value decreased at an average ann...
In value terms, artificial fur and articles thereof exports stood at $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decreased at an average annual rat...