Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria - 2023

Contents:

  1. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria (CIF) - 2022
  2. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria (FOB) - 2022
  3. Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria
  4. Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria (CIF) - 2022

In 2022, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $13 per unit, with an increase of 3.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 162%. The import price peaked at $13 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Poland ($58 per unit), while the price for Greece ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria (FOB) - 2022

In 2022, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $33 per unit, falling by -20.9% against the previous year. Over the period under review, the export price, however, recorded a notable increase. The pace of growth appeared the most rapid in 2020 an increase of 163%. Over the period under review, the average export prices attained the maximum at $42 per unit in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($131 per unit), while the average price for exports to North Macedonia ($5.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria

In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather imported into Bulgaria surged to 899K units, increasing by 19% compared with the previous year. Overall, imports saw a notable increase. The pace of growth was the most pronounced in 2020 with an increase of 133% against the previous year. As a result, imports reached the peak of 1.9M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather surged to $11M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0418642,1042,06125.6%
Italy2,8391,4031,5642,016-10.8%
Pakistan9989071,1351,71519.8%
Poland28734747891747.3%
Turkey777275483660-5.3%
China567162350451-7.3%
Netherlands28128834139512.0%
France382276278335-4.3%
Hungary51.623.980.823766.2%
Greece4052,344272170-25.1%
Czech Republic310237237165-19.0%
India128138165109-5.2%
Others1,8811,6691,7872,1384.4%
Total9,9468,9359,27511,3694.6%

Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Bulgaria in 2022:

  1. Pakistan (331.9K units)
  2. China (94.1K units)
  3. Germany (90.5K units)
  4. Turkey (82.6K units)
  5. Greece (66.8K units)
  6. Italy (42.3K units)
  7. Hungary (34.7K units)
  8. France (22.1K units)
  9. Czech Republic (19.0K units)
  10. India (17.8K units)
  11. Poland (15.9K units)
  12. Netherlands (15.4K units)

Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria

After two years of decline, overseas shipments of articles of apparel and clothing accessories, of leather or of composition leather increased by 7.5% to 107K units in 2022. Over the period under review, exports, however, continue to indicate a precipitous setback. Over the period under review, the exports of reached the maximum at 389K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather contracted to $3.5M in 2022. In general, exports, however, recorded a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports of reached the maximum at $4.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5649021,2681,16127.2%
Austria5.38.429.9470345.9%
Czech Republic1.240.8328377579.8%
Germany19.213488.6240132.1%
Greece12371.621521019.5%
Romania1761381512014.5%
Italy2,1861,5711,498128-61.2%
North Macedonia14.19.118.335.035.4%
Malta1,0732.71.11.3-89.3%
Others6063505687195.9%
Total4,7683,2284,1653,542-9.4%

Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Bulgaria in 2022:

  1. Germany (23.7K units)
  2. Romania (21.3K units)
  3. Greece (12.2K units)
  4. Austria (10.6K units)
  5. France (8.8K units)
  6. North Macedonia (6.0K units)
  7. Czech Republic (5.7K units)
  8. Italy (2.2K units)
  9. Malta (0.2K units)

Source: IndexBox Market Intelligence Platform

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