Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria - 2023
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria (CIF) - 2023
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria (FOB) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria (CIF) - 2023
In October 2023, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $4,962 per ton, with an increase of 45% against the previous month. Over the period under review, the import price recorded pronounced growth. The pace of growth was the most pronounced in May 2023 an increase of 237% against the previous month. As a result, import price attained the peak level of $11,312 per ton. From June 2023 to October 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From December 2022 to October 2023, the rate of growth in terms of prices for Turkey amounted to +8.7% per month.
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria (FOB) - 2022
In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $8,257 per ton, surging by 23% against the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($14,519 per ton), while the average price for exports to Turkey ($590 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 Germany (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria
In 2022, approx. 824 tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were imported into Bulgaria; rising by 42% compared with the previous year's figure. Overall, imports, however, showed a perceptible decrease.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings surged to $3.6M in 2022. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,030 | 1,273 | 1,441 | 2,538 | 7.7% |
| Italy | 789 | 286 | 650 | 544 | -11.7% |
| China | 73.3 | N/A | 23.7 | 215 | 43.1% |
| Turkey | 73.8 | 102 | 287 | 212 | 42.2% |
| Czech Republic | N/A | N/A | 79.7 | 55.4 | -30.5% |
| France | 297 | 116 | 4.4 | 4.3 | -75.6% |
| Others | 85.1 | 53.0 | 92.4 | 53.4 | -14.4% |
| Total | 3,348 | 1,831 | 2,578 | 3,622 | 2.7% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Bulgaria in 2022:
- Germany (587.9 tons)
- Italy (80.8 tons)
- China (74.2 tons)
- Turkey (55.4 tons)
- Czech Republic (20.7 tons)
- France (0.9 tons)
Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria
Exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings from Bulgaria declined remarkably to 26 tons in 2022, with a decrease of -55.2% on 2021 figures. Overall, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 93% against the previous year.
In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings reduced notably to $214K in 2022. Over the period under review, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 208%.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 134 | 55.7 | 126 | 127 | -1.8% |
| Italy | 180 | 45.3 | 45.6 | 52.3 | -33.8% |
| Romania | 15.5 | 2.9 | 5.5 | 21.3 | 11.2% |
| Germany | 97.7 | N/A | 128 | 9.9 | -53.4% |
| Turkey | 10.9 | 6.2 | 16.1 | 1.1 | -53.4% |
| Iran | 203 | N/A | N/A | N/A | 0% |
| China | 14.1 | 15.9 | 67.0 | N/A | 118.0% |
| North Macedonia | 28.1 | N/A | N/A | N/A | 0% |
| Others | 9.7 | N/A | N/A | 2.0 | -40.9% |
| Total | 692 | 126 | 388 | 214 | -32.4% |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Bulgaria in 2022:
- Poland (12.7 tons)
- Italy (8.6 tons)
- Turkey (1.9 tons)
- Romania (1.5 tons)
- Germany (0.9 tons)
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614
In value terms, carded and combed synthetic staple fibers imports stood at $X in 2016. Overall, carded and combed synthetic staple fibers imports continue to indicate a mild shrinkage. Global carde...
1307
In value terms, synthetic staple fibers exports stood at $X in 2016. Overall, synthetic staple fibers exports continue to indicate a relatively flat trend pattern. Over the period under review, glo...
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