Price for Embroidery; in the Piece, in Strips or in Motifs in Bulgaria - 2023

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Bulgaria (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Bulgaria (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Bulgaria
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Bulgaria

Price for Embroidery; in the Piece, in Strips or in Motifs in Bulgaria (CIF) - 2022

In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $33,307 per ton, falling by -15% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 39%. Over the period under review, average import prices hit record highs at $61,406 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($61,222 per ton), while the price for China ($14,523 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Embroidery; in the Piece, in Strips or in Motifs in Bulgaria (FOB) - 2022

In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $37,844 per ton, dropping by -61.7% against the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 129% against the previous year. As a result, the export price attained the peak level of $173,205 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 Albania ($207,278 per ton), while the average price for exports to Turkey ($9,979 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 Albania (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Bulgaria

In 2022, imports of embroidery; in the piece, in strips or in motifses into Bulgaria surged to 93 tons, rising by 68% compared with the previous year. Overall, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of embroidery; in the piece, in strips or in motifses skyrocketed to $3.1M in 2022. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, imports of embroidery; in piece, in strips or in motifses hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Embroidery; in the Piece, in Strips or in Motifs in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2881159871,15658.9%
Italy7196394081,01412.1%
France537140229343-13.9%
China19019595.7179-2.0%
Greece12385.380.61547.8%
Germany83.839.314791.53.0%
Austria22819.21.116.8-58.1%
United Kingdom35.327.346.29.4-35.7%
Others331158176140-24.9%
Total2,5361,4172,1703,1047.0%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Bulgaria in 2022:

  1. Turkey (36.2 tons)
  2. Italy (28.5 tons)
  3. China (12.3 tons)
  4. France (5.6 tons)
  5. Greece (4.5 tons)
  6. Germany (2.4 tons)
  7. United Kingdom (0.3 tons)
  8. Austria (0.3 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Bulgaria

After two years of decline, shipments abroad of embroidery; in the piece, in strips or in motifses increased by 260% to 2.1 tons in 2022. In general, exports, however, continue to indicate a significant contraction.

In value terms, exports of embroidery; in the piece, in strips or in motifses soared to $78K in 2022. Over the period under review, exports, however, showed a significant decline.

Export of Embroidery; in the Piece, in Strips or in Motifs in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy24.55.512.728.95.7%
Turkey5.8N/AN/A14.636.0%
BelgiumN/A16.5N/A11.3-17.2%
AustriaN/AN/A1.18.5672.7%
Albania1.40.91.87.575.0%
Greece194N/A3.20.8-84.0%
Germany13475.28.20.2-88.6%
Romania16.08.7N/AN/A-45.6%
Others49.077.529.46.1-50.1%
Total42518456.477.9-43.2%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Bulgaria in 2022:

  1. Turkey (1465.0 kg)
  2. Italy (260.0 kg)
  3. Austria (85.0 kg)
  4. Belgium (83.0 kg)
  5. Albania (36.0 kg)
  6. Greece (8.0 kg)
  7. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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