Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Bulgaria - 2023

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bulgaria (FOB) - 2023
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bulgaria (CIF) - 2023
  3. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bulgaria
  4. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bulgaria

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bulgaria (FOB) - 2023

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $16.4 per unit in October 2023, increasing by 19% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. Over the period under review, the average export prices reached the peak figure at $18.1 per unit 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 foreign markets. In October 2023, the country with the highest price was Armenia ($33.6 per unit), while the average price for exports to Saudi Arabia ($8.0 per unit) 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 Saudi Arabia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bulgaria (CIF) - 2023

In October 2023, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $8.3 per unit, increasing by 6.1% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in November 2022 an increase of 29% against the previous month. Over the period under review, average import prices hit record highs at $10.8 per unit in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($10.7 per unit), while the price for Pakistan ($4.6 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bulgaria

In 2022, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Bulgaria declined to 4.4M units, with a decrease of -12.9% compared with 2021 figures. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. The exports peaked at 5.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted declined modestly to $59M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $61M, and then declined in the following year.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy15.513.714.814.9-1.3%
Spain13.48.914.411.2-5.8%
Germany10.38.59.49.7-2.0%
Greece6.24.66.66.51.6%
France2.32.03.33.413.9%
Turkey1.92.23.01.6-5.6%
Denmark0.30.61.41.363.0%
Ireland0.50.60.81.233.9%
Others7.25.17.98.76.5%
Total57.646.161.458.60.6%

Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Bulgaria in 2022:

  1. Greece (1082.5K units)
  2. Spain (1053.6K units)
  3. Italy (761.3K units)
  4. Germany (564.1K units)
  5. France (158.9K units)
  6. Turkey (109.6K units)
  7. Denmark (106.3K units)
  8. Ireland (82.8K units)

Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bulgaria

In 2022, the amount of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted imported into Bulgaria skyrocketed to 6.5M units, with an increase of 69% against 2021. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted surged to $51M in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 63%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1.62.54.511.894.6%
Belgium3.42.95.68.033.0%
Turkey6.14.26.56.94.2%
Germany2.32.74.65.634.5%
Spain2.01.82.93.217.0%
Italy2.42.22.63.18.9%
Romania0.50.31.12.673.2%
Hungary0.10.10.22.3184.4%
Greece1.90.81.71.90.0%
Others3.83.54.55.211.0%
Total24.220.934.150.527.8%

Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Bulgaria in 2022:

  1. Poland (1555.7K units)
  2. Belgium (1019.7K units)
  3. Turkey (925.0K units)
  4. Hungary (679.4K units)
  5. Greece (464.6K units)
  6. Germany (444.5K units)
  7. Spain (372.9K units)
  8. Romania (364.9K units)
  9. Italy (230.0K units)

Source: IndexBox Market Intelligence Platform

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