Bulgaria: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Bulgaria

For the fourth consecutive year, the Bulgarian market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption saw a resilient expansion. Consumption of peaked in 2022 and is likely to see gradual growth in the near future.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Bulgaria

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to $X in 2022 estimated in export price. In general, production, however, enjoyed a remarkable increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Bulgaria

In 2022, after two years of decline, there was significant growth in overseas shipments of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap, when their volume increased by X% to X pairs. Overall, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at X pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to $X in 2022. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X pairs), Saudi Arabia (X pairs) and Kosovo (X pairs) were the main destinations of exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Bulgaria, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Croatia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Croatia (X% per year).

Export Prices by Country

The average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per pair in 2022, waning by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per pair in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per pair), while the average price for exports to North Macedonia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Bulgaria

In 2022, the amount of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap imported into Bulgaria stood at X pairs, growing by X% against the previous year's figure. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at X pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap soared to $X in 2022. In general, imports recorded resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

Turkey (X pairs), China (X pairs) and Poland (X pairs) were the main suppliers of imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Bulgaria, together accounting for X% of total imports. Greece, Romania, Germany, Belgium and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Turkey ($X) were the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap suppliers to Bulgaria, with a combined X% share of total imports. Romania, Germany, Belgium, Greece and Slovakia lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per pair in 2022, surging by X% against the previous year. Overall, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2020 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per pair), while the price for Turkey ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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