Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria - 2024

Contents:

  1. Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria (FOB) - 2024
  2. Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria (CIF) - 2022
  3. Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria
  4. Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria

Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria (FOB) - 2024

The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $12,442 per ton in March 2024, reducing by -3.9% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 12% month-to-month. Over the period under review, the average export prices attained the peak figure at $14,848 per ton in October 2023; however, from November 2023 to March 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($40,035 per ton), while the average price for exports to Norway stood at $12,431 per ton.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria (CIF) - 2022

In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $11,348 per ton, waning by -17.7% against the previous year. Overall, the import price, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2021 an increase of 70% against the previous year. Over the period under review, average import prices reached the peak figure at $23,962 per ton in 2016; however, from 2017 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 France ($152,225 per ton), while the price for Turkey ($5,318 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria

In 2022, overseas shipments of cotton yarn (other than sewing thread), put up for retail sale decreased by -18.4% to 838 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 30% against the previous year.

In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale declined sharply to $10M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports reached the peak of $13M, and then shrank significantly in the following year.

Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.31.71.23.235.0%
Norway1.42.33.51.52.3%
France1.41.62.21.2-5.0%
Spain0.20.30.61.176.5%
Netherlands1.11.52.30.9-6.5%
Italy0.40.30.40.57.7%
Czech Republic0.30.30.60.30.0%
Denmark0.20.50.50.314.5%
United Kingdom0.20.40.60.20.0%
Others1.01.11.50.9-3.5%
Total7.59.913.210.010.1%

Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Bulgaria in 2022:

  1. Germany (271.0 tons)
  2. Norway (130.3 tons)
  3. Spain (101.4 tons)
  4. France (86.5 tons)
  5. Netherlands (75.0 tons)
  6. Italy (39.8 tons)
  7. Czech Republic (26.4 tons)
  8. Denmark (24.2 tons)
  9. United Kingdom (14.8 tons)

Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria

In 2022, imports of cotton yarn (other than sewing thread), put up for retail sale into Bulgaria dropped slightly to 59 tons, waning by -1.8% compared with 2021. Overall, imports continue to indicate a sharp setback.

In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale reduced notably to $675K in 2022. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 0.7% against the previous year.

Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France18339443032521.1%
Turkey18893.81502205.4%
Greece23930618585.3-29.1%
Italy25122.367.018.6-58.0%
China1.36.6N/A6.369.2%
Others12.06.62.719.016.6%
Total874830835675-8.3%

Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Bulgaria in 2022:

  1. Turkey (41.5 tons)
  2. Greece (13.6 tons)
  3. France (2.1 tons)
  4. China (0.9 tons)
  5. Italy (0.6 tons)

Source: IndexBox Market Intelligence Platform

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