Price for Textiles; Worn Clothing and Other Worn Articles in Bulgaria - 2023
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Bulgaria (FOB) - 2022
- Price for Textiles; Worn Clothing and Other Worn Articles in Bulgaria (CIF) - 2023
- Exports of Textiles; Worn Clothing and Other Worn Articles in Bulgaria
- Imports of Textiles; Worn Clothing and Other Worn Articles in Bulgaria
Price for Textiles; Worn Clothing and Other Worn Articles in Bulgaria (FOB) - 2022
The average export price for textiles; worn clothing and other worn articleses stood at $1,976 per ton in 2022, surging by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The export price peaked at $2,056 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($5,593 per ton), while the average price for exports to Pakistan ($341 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 India (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Bulgaria (CIF) - 2023
The average import price for textiles; worn clothing and other worn articleses stood at $1,738 per ton in December 2023, therefore, remained relatively stable against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 21% against the previous month. Over the period under review, average import prices reached the maximum at $1,840 per ton in May 2023; however, from June 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Pakistan ($2,018 per ton), while the price for Turkey ($618 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textiles; Worn Clothing and Other Worn Articles in Bulgaria
In 2022, approx. 35K tons of textiles; worn clothing and other worn articleses were exported from Bulgaria; with an increase of 10% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of textiles; worn clothing and other worn articleses soared to $69M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Textiles; Worn Clothing and Other Worn Articles in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 18.3 | 14.3 | 13.8 | 22.2 | 6.7% |
| Greece | 4.4 | 3.2 | 3.8 | 6.2 | 12.1% |
| Pakistan | 1.6 | 1.9 | 3.0 | 4.4 | 40.1% |
| Mauritania | 1.6 | 1.6 | 1.6 | 1.9 | 5.9% |
| India | 0.3 | 0.4 | 0.7 | 1.4 | 67.1% |
| Chile | 1.2 | 1.6 | 2.7 | 1.3 | 2.7% |
| Benin | 1.2 | 1.1 | 1.2 | 1.1 | -2.9% |
| United Arab Emirates | 0.8 | 0.5 | 0.9 | 1.0 | 7.7% |
| Angola | 0.6 | 0.4 | 0.5 | 0.5 | -5.9% |
| Togo | 0.7 | 0.8 | 0.6 | 0.4 | -17.0% |
| Malawi | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
| Ghana | 0.5 | 0.4 | 0.6 | 0.1 | -41.5% |
| Others | 21.9 | 16.4 | 18.4 | 27.7 | 8.1% |
| Total | 53.3 | 43.2 | 48.0 | 68.6 | 8.8% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Bulgaria in 2022:
- Pakistan (12.8K tons)
- Romania (4.0K tons)
- India (2.7K tons)
- United Arab Emirates (2.5K tons)
- Benin (1.6K tons)
- Greece (1.3K tons)
- Angola (0.8K tons)
- Chile (0.8K tons)
- Malawi (0.6K tons)
- Mauritania (0.5K tons)
- Togo (0.5K tons)
- Ghana (0.1K tons)
Imports of Textiles; Worn Clothing and Other Worn Articles in Bulgaria
In 2022, approx. 49K tons of textiles; worn clothing and other worn articleses were imported into Bulgaria; with an increase of 5% against the previous year's figure. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 6.3%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of textiles; worn clothing and other worn articleses surged to $56M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Textiles; Worn Clothing and Other Worn Articles in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.8 | 11.3 | 12.0 | 17.0 | 12.9% |
| Poland | 1.9 | 2.5 | 4.6 | 7.7 | 59.4% |
| Italy | 3.0 | 3.5 | 5.6 | 5.7 | 23.9% |
| Norway | 5.4 | 4.7 | 4.1 | 3.9 | -10.3% |
| Netherlands | 2.8 | 1.8 | 2.2 | 2.8 | 0.0% |
| Austria | 2.8 | 2.4 | 2.1 | 2.2 | -7.7% |
| Denmark | 1.5 | 1.5 | 1.2 | 1.3 | -4.7% |
| Canada | 0.6 | 0.8 | 0.6 | 0.8 | 10.1% |
| United States | 4.5 | 2.0 | 0.9 | 0.7 | -46.2% |
| Others | 9.8 | 7.2 | 7.8 | 13.9 | 12.4% |
| Total | 44.0 | 37.5 | 41.1 | 56.1 | 8.4% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Bulgaria in 2022:
- Germany (20.0K tons)
- Italy (5.8K tons)
- Norway (4.8K tons)
- Netherlands (4.3K tons)
- Austria (3.2K tons)
- Poland (2.0K tons)
- Denmark (1.9K tons)
- Canada (0.8K tons)
- United States (0.4K tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
