Bulgaria - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSewing Thread Price in Bulgaria - 2023
Contents:
- Sewing Thread Price in Bulgaria (CIF) - 2023
- Sewing Thread Price in Bulgaria (FOB) - 2023
- Sewing Thread Imports in Bulgaria
- Sewing Thread Exports in Bulgaria
Sewing Thread Price in Bulgaria (CIF) - 2023
In June 2023, the average sewing thread import price amounted to $10,417 per ton, increasing by 50% against the previous month. In general, import price indicated tangible growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, sewing thread import price decreased by -15.6% against April 2023 indices. The growth pace was the most rapid in April 2023 an increase of 56% m-o-m. As a result, import price attained the peak level of $12,339 per ton. From May 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($18,107 per ton), while the price for China ($2,813 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sewing Thread Price in Bulgaria (FOB) - 2023
In June 2023, the average sewing thread export price amounted to $10,885 per ton, waning by -12.7% against the previous month. In general, the export price, however, enjoyed modest growth. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 65% month-to-month. Over the period under review, the average export prices hit record highs at $16,268 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Greece ($34,460 per ton), while the average price for exports to Turkey ($3,504 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Thread Imports in Bulgaria
In 2022, the amount of sewing thread of man-made filaments or staple fibers imported into Bulgaria fell remarkably to 1.6K tons, declining by -25.8% on 2021 figures. In general, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 2.2K tons, and then fell sharply in the following year.
In value terms, sewing thread imports contracted modestly to $13M in 2022. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.
Import of Sewing Thread in Bulgaria (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.7 | 4.1 | 4.7 | 4.6 | -0.7% |
Romania | 2.3 | 2.0 | 2.1 | 2.3 | 0.0% |
China | 0.9 | 1.0 | 2.0 | 1.9 | 28.3% |
Turkey | 2.1 | 1.8 | 2.0 | 1.6 | -8.7% |
Italy | 1.5 | 1.1 | 0.8 | 1.0 | -12.6% |
Hungary | 0.5 | 0.4 | 0.4 | 0.4 | -7.2% |
Greece | 0.5 | 0.3 | 0.4 | 0.3 | -15.7% |
Czech Republic | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
Others | 1.4 | 1.0 | 0.9 | 0.9 | -13.7% |
Total | 14.0 | 11.7 | 13.5 | 13.0 | -2.4% |
Top Suppliers of Sewing Thread to Bulgaria in 2022:
- Germany (583.7 tons)
- China (507.0 tons)
- Romania (191.0 tons)
- Turkey (171.6 tons)
- Italy (63.4 tons)
- Greece (33.5 tons)
- Czech Republic (25.5 tons)
- Hungary (24.3 tons)
Sewing Thread Exports in Bulgaria
In 2022, shipments abroad of sewing thread of man-made filaments or staple fibers decreased by -12.9% to 753 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 89% against the previous year. As a result, the exports attained the peak of 865 tons, and then dropped in the following year.
In value terms, sewing thread exports reduced to $7.5M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of $8.4M, and then contracted in the following year.
Export of Sewing Thread in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
North Macedonia | 1,754 | 1,386 | 1,840 | 1,837 | 1.6% |
Turkey | 36.6 | 308 | 1,561 | 1,419 | 238.5% |
Serbia | 1,095 | 1,117 | 1,150 | 1,158 | 1.9% |
Albania | 670 | 925 | 1,143 | 919 | 11.1% |
Bosnia and Herzegovina | 988 | 888 | 1,183 | 651 | -13.0% |
Greece | 670 | 265 | 308 | 379 | -17.3% |
Italy | 83.5 | 104 | 206 | 288 | 51.1% |
Tajikistan | 213 | 225 | 227 | 219 | 0.9% |
Croatia | 145 | 230 | 245 | 143 | -0.5% |
Others | 537 | 961 | 544 | 480 | -3.7% |
Total | 6,192 | 6,408 | 8,407 | 7,495 | 6.6% |
Top Export Markets for Sewing Thread from Bulgaria in 2022:
- Turkey (327.2 tons)
- Albania (130.1 tons)
- North Macedonia (111.0 tons)
- Serbia (53.8 tons)
- Bosnia and Herzegovina (46.9 tons)
- Greece (21.3 tons)
- Italy (16.7 tons)
- Tajikistan (15.2 tons)
- Croatia (8.3 tons)
This report provides an in-depth analysis of the sewing thread market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13108510 - Sewing thread of man-made filaments
- Prodcom 13108550 - Sewing thread of man-made staple fibres
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the sewing thread market in Bulgaria.
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In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...