Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria - 2024

Contents:

  1. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria (FOB) - 2022
  2. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria (CIF) - 2022
  3. Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria
  4. Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria (FOB) - 2022

The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $2,179 per ton in 2022, increasing by 9.4% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by 94% against the previous year. The export price peaked at $3,793 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Germany ($2,753 per ton), while the average price for exports to Greece ($1,781 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 the Netherlands (+25.5%), while the prices for the other major destinations experienced a decline.

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria (CIF) - 2022

The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $2,857 per ton in 2022, falling by -20% against the previous year. In general, the import price saw a deep contraction. The growth pace was the most rapid in 2020 when the average import price increased by 51%. The import price peaked at $8,442 per ton in 2013; however, from 2014 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 Poland ($26,055 per ton), while the price for Serbia ($1,018 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria

Exports of wadding; other articles thereof, other than of cotton or man-made fibreses from Bulgaria declined to 331 tons in 2022, which is down by -14.2% compared with the previous year. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, the exports attained the peak of 386 tons, and then reduced in the following year.

In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses declined to $721K in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, the exports attained the peak of $768K, and then declined in the following year.

Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania30933645744012.5%
Greece232226266225-1.0%
Others75.74.746.155.6-9.8%
Total6175677687215.3%

Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Bulgaria in 2022:

  1. Romania (196.1 tons)
  2. Greece (126.5 tons)

Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria

In 2022, overseas purchases of wadding; other articles thereof, other than of cotton or man-made fibreses increased by 9.9% to 111 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a significant curtailment.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses contracted to $316K in 2022. Overall, imports, however, showed a precipitous descent.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy21919311293.7-24.6%
Poland0.61.30.466.5380.3%
Serbia24.640.539.964.037.5%
NetherlandsN/AN/A72.227.7-61.6%
Turkey78429317.110.4-76.3%
HungaryN/AN/AN/A6.20%
United Kingdom214365N/AN/A70.6%
Others54.726.711848.0-4.3%
Total1,296920360316-37.5%

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Bulgaria in 2022:

  1. Serbia (62.9 tons)
  2. Italy (29.0 tons)
  3. Netherlands (6.8 tons)
  4. Turkey (4.2 tons)
  5. Poland (2.6 tons)
  6. Hungary (1.8 tons)

Source: IndexBox Market Intelligence Platform

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