Price for Cotton; Yarn Waste (Including Thread Waste) in Bulgaria - 2023

Contents:

1. Price for Cotton; Yarn Waste (Including Thread Waste) in Bulgaria (FOB) - 2022
2. Price for Cotton; Yarn Waste (Including Thread Waste) in Bulgaria (CIF) - 2022
3. Exports of Cotton; Yarn Waste (Including Thread Waste) in Bulgaria
4. Imports of Cotton; Yarn Waste (Including Thread Waste) in Bulgaria

Price for Cotton; Yarn Waste (Including Thread Waste) in Bulgaria (FOB) - 2022

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $501 per ton, reducing by -14.5% against the previous year. In general, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 117% against the previous year. Over the period under review, the average export prices attained the maximum at $585 per ton in 2021, and then fell in the following year.

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 Greece amounted to +6.9% per year.

Price for Cotton; Yarn Waste (Including Thread Waste) in Bulgaria (CIF) - 2022

The average import price for cotton; yarn waste (including thread waste) stood at $8,571 per ton in 2022, rising by 171% against the previous year. In general, the import price showed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($13,667 per ton), while the price for Romania ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.6%).

Exports of Cotton; Yarn Waste (Including Thread Waste) in Bulgaria

In 2022, shipments abroad of cotton; yarn waste (including thread waste) was finally on the rise to reach 6 tons after two years of decline. Over the period under review, total exports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cotton; yarn waste (including thread waste) surged to $3K in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Bulgaria in 2022:

1. Greece (6.0 tons)

Imports of Cotton; Yarn Waste (Including Thread Waste) in Bulgaria

In 2022, after two years of decline, there was significant decline in purchases abroad of cotton; yarn waste (including thread waste), when their volume decreased by -97.3% to 7 kg. Overall, imports continue to indicate a precipitous slump.

In value terms, imports of cotton; yarn waste (including thread waste) fell sharply to $60 in 2022. Over the period under review, imports saw a precipitous slump.

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Bulgaria in 2022:

1. Germany (3.0 kg)
2. Belgium (2.0 kg)
3. Romania (2.0 kg)

Source: IndexBox Market Intelligence Platform