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Bulgaria - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingT-Shirt Price in Bulgaria - 2023
Contents:
- T-Shirt Price in Bulgaria (FOB) - 2023
- T-Shirt Price in Bulgaria (CIF) - 2023
- T-Shirt Exports in Bulgaria
- T-Shirt Imports in Bulgaria
T-Shirt Price in Bulgaria (FOB) - 2023
The average t-shirt export price stood at $16.2 per unit in August 2023, growing by 13% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.5%. The growth pace was the most rapid in December 2022 when the average export price increased by 15% month-to-month. Over the period under review, the average export prices hit record highs in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($40.6 per unit), while the average price for exports to Poland ($3.1 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
T-Shirt Price in Bulgaria (CIF) - 2023
The average t-shirt import price stood at $11.7 per unit in August 2023, declining by -4.5% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 27% m-o-m. The import price peaked at $12.5 per unit in February 2023; however, from March 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($20.0 per unit), while the price for Denmark ($5.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Romania (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
T-Shirt Exports in Bulgaria
In 2022, the amount of t-shirts exported from Bulgaria surged to 77M units, rising by 20% against 2021 figures. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 164% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, t-shirt exports skyrocketed to $169M in 2022. The total export value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of T-Shirt in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 59.9 | 42.7 | 60.8 | 74.2 | 7.4% |
Germany | 21.8 | 25.3 | 23.9 | 24.1 | 3.4% |
Greece | 13.9 | 13.6 | 20.4 | 20.8 | 14.4% |
France | 7.2 | 4.0 | 5.9 | 5.8 | -7.0% |
Austria | 2.5 | 2.0 | 3.7 | 5.6 | 30.8% |
Belgium | 4.5 | 4.2 | 5.2 | 5.5 | 6.9% |
Denmark | 0.3 | 0.8 | 0.5 | 2.5 | 102.7% |
Slovakia | 1.4 | 1.1 | 1.0 | 1.6 | 4.6% |
Others | 26.4 | 18.7 | 20.6 | 29.0 | 3.2% |
Total | 138 | 112 | 142 | 169 | 7.0% |
Top Export Markets for T-Shirt from Bulgaria in 2022:
- Italy (28.8M units)
- Greece (19.2M units)
- Germany (7.8M units)
- France (4.0M units)
- Austria (2.9M units)
- Belgium (2.1M units)
- Denmark (1.6M units)
- Slovakia (1.2M units)
T-Shirt Imports in Bulgaria
After two years of decline, purchases abroad of t-shirts increased by 74% to 17M units in 2022. In general, imports, however, continue to indicate a precipitous slump. Over the period under review, imports attained the peak figure at 35M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, t-shirt imports skyrocketed to $37M in 2022. Over the period under review, imports, however, showed a precipitous decline. Imports peaked at $82M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of T-Shirt in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 18.9 | 11.1 | 4.1 | 7.8 | -25.5% |
Poland | 4.6 | 4.9 | 2.5 | 5.9 | 8.7% |
Germany | 7.1 | 5.0 | 2.5 | 4.6 | -13.5% |
Italy | 12.3 | 9.6 | 3.5 | 4.0 | -31.2% |
Greece | 9.1 | 6.2 | 2.5 | 3.2 | -29.4% |
Hungary | 4.7 | 6.3 | 1.6 | 2.7 | -16.9% |
Austria | 6.5 | 3.7 | 1.4 | 2.1 | -31.4% |
Spain | 5.1 | 2.4 | 1.1 | 1.5 | -33.5% |
Romania | 2.3 | 1.6 | 0.7 | 1.4 | -15.3% |
Belgium | 1.2 | 0.6 | 0.3 | 0.9 | -9.1% |
Others | 9.9 | 5.8 | 2.3 | 3.1 | -32.1% |
Total | 81.6 | 57.2 | 22.5 | 37.2 | -23.0% |
Top Suppliers of T-Shirt to Bulgaria in 2022:
- Turkey (4.8M units)
- Poland (2.7M units)
- Hungary (2.3M units)
- Greece (1.7M units)
- Italy (1.2M units)
- Austria (0.9M units)
- Germany (0.9M units)
- Romania (0.6M units)
- Spain (0.6M units)
- Belgium (0.3M units)
This report provides an in-depth analysis of the t-shirt 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 14143000 - T-shirts, singlets and vests, knitted or crocheted
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
-
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
This report provides an in-depth analysis of the t-shirt market in Bulgaria.
This report provides an in-depth analysis of the global t-shirt market.
This report provides an in-depth analysis of the t-shirt market in Bulgaria.
This report provides an in-depth analysis of the global t-shirt market.
Explore the top import markets for t-shirts around the world, including the United States, Germany, France, and more. Gain valuable insights into consumer preferences and market trends in the global fashion industry.
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In 2015, global T-shirt market stood at X million units.
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