Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bulgaria - 2023

Contents:

1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bulgaria (CIF) - 2023
2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bulgaria (FOB) - 2023
3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bulgaria
4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bulgaria

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bulgaria (CIF) - 2023

The average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $6,213 per ton in October 2023, declining by -22.6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 65% month-to-month. The import price peaked at $8,760 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Turkey ($14,018 per ton), while the price for Syrian Arab Republic ($1,193 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Turkey (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bulgaria (FOB) - 2023

The average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $7,208 per ton in October 2023, remaining stable against the previous month. In general, the export price, however, posted a mild expansion. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 143% m-o-m. Over the period under review, the average export prices reached the peak figure at $7,747 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Georgia ($12,858 per ton), while the average price for exports to the United States ($5,506 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bulgaria

In 2022, after three years of growth, there was decline in overseas purchases of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses, when their volume decreased by -1.4% to 547 tons. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 7.9% against the previous year. As a result, imports attained the peak of 555 tons, and then reduced in the following year.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses expanded markedly to $3.6M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Bulgaria in 2022:

1. Spain (174.6 tons)
2. China (162.0 tons)
3. Germany (68.9 tons)
4. Turkey (26.8 tons)
5. Italy (21.0 tons)
6. Hungary (19.9 tons)
7. Poland (16.1 tons)
8. Cyprus (9.1 tons)
9. Czech Republic (8.8 tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bulgaria

Exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses from Bulgaria declined rapidly to 463 tons in 2022, with a decrease of -45.9% on the year before. Over the period under review, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 6%.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses declined notably to $1.6M in 2022. In general, exports showed a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 16%. As a result, the exports attained the peak of $2.4M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Bulgaria in 2022:

1. Greece (219.1 tons)
2. Serbia (117.3 tons)
3. Romania (55.8 tons)
4. Turkey (19.6 tons)
5. Moldova (7.2 tons)

Source: IndexBox Market Intelligence Platform