Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Bulgaria - 2024

Contents:

1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Bulgaria (CIF) - 2022
2. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Bulgaria (FOB) - 2022
3. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Bulgaria
4. Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Bulgaria

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Bulgaria (CIF) - 2022

The average import price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.3 per square meter in 2022, falling by -18.7% against the previous year. Over the period under review, the import price saw a mild reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 16%. As a result, import price attained the peak level of $0.4 per square meter, and then dropped remarkably in the following year.

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 Italy ($0.8 per square meter), while the price for Iran ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Bulgaria (FOB) - 2022

The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.6 per square meter in 2022, growing by 152% against the previous year. Overall, the export price saw a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($1.1 per square meter), while the average price for exports to Albania ($0.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Bulgaria

In 2022, the amount of fabrics, woven; from strip or the like, of synthetic textile materialses imported into Bulgaria soared to 8.7M square meters, jumping by 20% compared with the previous year's figure. Overall, imports, however, saw a noticeable setback. The growth pace was the most rapid in 2021 with an increase of 39%. Imports peaked at 9.4M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses reduced to $2.6M in 2022. In general, imports, however, showed a noticeable descent. The pace of growth was the most pronounced in 2021 when imports increased by 61%. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses reached the peak figure at $2.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Bulgaria in 2022:

1. Turkey (2925.1K square meters)
2. Iran (1721.5K square meters)
3. Serbia (1375.3K square meters)
4. Romania (915.0K square meters)
5. North Macedonia (584.5K square meters)
6. Czech Republic (424.6K square meters)
7. India (191.5K square meters)
8. Greece (94.7K square meters)

Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Bulgaria

In 2022, exports of fabrics, woven; from strip or the like, of synthetic textile materialses from Bulgaria dropped rapidly to 408K square meters, shrinking by -88.6% compared with the previous year's figure. Overall, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 585%. As a result, the exports attained the peak of 3.6M square meters, and then dropped dramatically in the following year.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses shrank markedly to $248K in 2022. Over the period under review, exports faced a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 361% against the previous year. As a result, the exports reached the peak of $860K, and then contracted markedly in the following year.

Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Bulgaria in 2022:

1. Brazil (221.5K square meters)
2. Albania (98.7K square meters)
3. Armenia (46.8K square meters)
4. North Macedonia (8.2K square meters)
5. Turkey (7.8K square meters)
6. Greece (6.0K square meters)

Source: IndexBox Market Intelligence Platform