Price for Rubber Thread and Cord; Textile Covered in Bulgaria - 2024

Contents:

  1. Price for Rubber Thread and Cord; Textile Covered in Bulgaria (CIF) - 2022
  2. Price for Rubber Thread and Cord; Textile Covered in Bulgaria (FOB) - 2022
  3. Imports of Rubber Thread and Cord; Textile Covered in Bulgaria
  4. Exports of Rubber Thread and Cord; Textile Covered in Bulgaria

Price for Rubber Thread and Cord; Textile Covered in Bulgaria (CIF) - 2022

The average import price for rubber thread and cord; textile covereds stood at $5,980 per ton in 2022, declining by -35.6% against the previous year. In general, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 60% against the previous year. The import price peaked at $10,179 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($18,300 per ton), while the price for China ($3,388 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber Thread and Cord; Textile Covered in Bulgaria (FOB) - 2022

In 2022, the average export price for rubber thread and cord; textile covereds amounted to $13,904 per ton, reducing by -3.8% against the previous year. In general, the export price, however, saw a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of 107% against the previous year. Over the period under review, the average export prices attained the peak figure at $14,449 per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($27,359 per ton), while the average price for exports to Serbia ($4,218 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 Kosovo (+57.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber Thread and Cord; Textile Covered in Bulgaria

In 2022, imports of rubber thread and cord; textile covereds into Bulgaria reached 175 tons, stabilizing at the previous year's figure. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of rubber thread and cord; textile covereds contracted significantly to $1M in 2022. Over the period under review, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 82% against the previous year. As a result, imports reached the peak of $1.6M, and then fell significantly in the following year.

Import of Rubber Thread and Cord; Textile Covered in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16832741832424.5%
Italy79.756.716322741.7%
Turkey66.727012415933.6%
Greece20.321.067.110271.3%
Germany28086.260.579.2-34.4%
France68.213.763849.5-10.1%
Others182114143104-17.0%
Total8658881,6141,0456.5%

Top Suppliers of Rubber Thread and Cord; Textile Covered to Bulgaria in 2022:

  1. China (95.6 tons)
  2. Turkey (31.6 tons)
  3. Italy (21.9 tons)
  4. Greece (11.9 tons)
  5. Germany (4.3 tons)
  6. France (4.2 tons)

Exports of Rubber Thread and Cord; Textile Covered in Bulgaria

After three years of growth, overseas shipments of rubber thread and cord; textile covereds decreased by -15% to 12 tons in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 119%.

In value terms, exports of rubber thread and cord; textile covereds contracted dramatically to $169K in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 135%.

Export of Rubber Thread and Cord; Textile Covered in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Albania47.967.081.986.021.5%
Moldova1.93.84.621.7125.2%
Greece3.424.659.715.365.1%
KosovoN/AN/A1.113.51127.3%
DenmarkN/AN/A6.512.186.2%
North Macedonia0.718.416.36.3108.0%
Serbia6.317.74.82.6-25.5%
ItalyN/AN/A27.92.3-91.8%
Others1.312.73.99.493.4%
Total61.414420716940.1%

Top Export Markets for Rubber Thread and Cord; Textile Covered from Bulgaria in 2022:

  1. Albania (6.3 tons)
  2. Greece (1.1 tons)
  3. Denmark (1.0 tons)
  4. Kosovo (0.8 tons)
  5. Moldova (0.8 tons)
  6. Serbia (0.6 tons)
  7. North Macedonia (0.6 tons)
  8. Italy (0.2 tons)

Source: IndexBox Market Intelligence Platform

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