Price for Wigs; Complete, of Synthetic Textile Materials in Bulgaria - 2024

Contents:

  1. Price for Wigs; Complete, of Synthetic Textile Materials in Bulgaria (CIF) - 2022
  2. Price for Wigs; Complete, of Synthetic Textile Materials in Bulgaria (FOB) - 2022
  3. Imports of Wigs; Complete, of Synthetic Textile Materials in Bulgaria
  4. Exports of Wigs; Complete, of Synthetic Textile Materials in Bulgaria

Price for Wigs; Complete, of Synthetic Textile Materials in Bulgaria (CIF) - 2022

In 2022, the average import price for wigs; complete, of synthetic textile materialses amounted to $7.4 per unit, with a decrease of -15.1% against the previous year. Overall, the import price showed a deep setback. The growth pace was the most rapid in 2020 when the average import price increased by 58% against the previous year. The import price peaked at $76 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Hong Kong SAR ($32 per unit), while the price for China ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.4%), while the prices for the other major suppliers experienced a decline.

Price for Wigs; Complete, of Synthetic Textile Materials in Bulgaria (FOB) - 2022

The average export price for wigs; complete, of synthetic textile materialses stood at $4.6 per unit in 2022, approximately equating the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 47%. The export price peaked at $33 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +24.8% per year.

Imports of Wigs; Complete, of Synthetic Textile Materials in Bulgaria

In 2022, approx. 17K units of wigs; complete, of synthetic textile materialses were imported into Bulgaria; increasing by 98% compared with the year before. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wigs; complete, of synthetic textile materialses skyrocketed to $125K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 130%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Wigs; Complete, of Synthetic Textile Materials in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/A29.239.334.6%
China22.523.724.134.215.0%
Hong Kong SAR8.36.39.419.733.4%
SloveniaN/AN/A1.56.6340.0%
Turkey0.60.90.36.5121.3%
HungaryN/AN/AN/A1.20%
GreeceN/AN/A0.4N/A0%
Others0.21.69.717.8346.5%
Total31.632.474.512558.2%

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Bulgaria in 2022:

  1. China (11.3K units)
  2. Vietnam (3.8K units)
  3. Hong Kong SAR (0.6K units)
  4. Turkey (0.4K units)
  5. Slovenia (0.3K units)
  6. Hungary (0.3K units)

Exports of Wigs; Complete, of Synthetic Textile Materials in Bulgaria

After two years of decline, overseas shipments of wigs; complete, of synthetic textile materialses decreased by 0% to 27 units in 2022. In general, exports showed a precipitous slump. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure at 191 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of wigs; complete, of synthetic textile materialses stood at $123 in 2022. Overall, exports continue to indicate a precipitous decline. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs at $2.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Wigs; Complete, of Synthetic Textile Materials in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece2.7N/AN/A0.1-66.7%
OthersN/AN/AN/AN/A0%
Total2.7N/AN/A0.1-66.7%

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Bulgaria in 2022:

  1. Greece (27.0 units)

Source: IndexBox Market Intelligence Platform

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