Bulgaria: Artificial Staple Fibre Market 2025

Artificial Staple Fibre Market Size in Bulgaria

The Bulgarian artificial staple fibre market declined sharply to $X in 2021, dropping by -32.4% against the previous year. Over the period under review, consumption showed a abrupt slump. Artificial staple fibre consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Artificial Staple Fibre Production in Bulgaria

In value terms, artificial staple fibre production shrank markedly to $X in 2021 estimated in export price. In general, production showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 398%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Artificial Staple Fibre Exports

Exports from Bulgaria

After four years of growth, shipments abroad of artificial staple fibres decreased by -30% to X tons in 2021. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of 228%. The exports peaked at X tons in 2020, and then dropped dramatically in the following year.

In value terms, artificial staple fibre exports dropped notably to $X in 2021. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 251% against the previous year. The exports peaked at $X in 2020, and then fell markedly in the following year.

Exports by Country

Italy (X tons) was the main destination for artificial staple fibre exports from Bulgaria, with a 89% share of total exports. Moreover, artificial staple fibre exports to Italy exceeded the volume sent to the second major destination, the United States (X kg), more than tenfold. The third position in this ranking was taken by Poland (X kg), with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled +12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (0.0% per year) and Poland (-59.4% per year).

In value terms, Italy ($X) emerged as the key foreign market for artificial staple fibres exports from Bulgaria, comprising 86% of total exports. The second position in the ranking was taken by the United States ($X), with a 5.4% share of total exports. It was followed by Germany, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (0.0% per year) and Germany (0.0% per year).

Export Prices by Country

The average artificial staple fibre export price stood at $X per ton in 2021, growing by 16% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; afterwards, it flattened through to 2021.

Prices varied noticeably country of destination: the country with the highest price was Romania ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Artificial Staple Fibre Imports

Imports into Bulgaria

In 2021, approx. X tons of artificial staple fibres were imported into Bulgaria; waning by -1.6% compared with 2020 figures. Over the period under review, imports continue to indicate a mild descent. The growth pace was the most rapid in 2014 with an increase of 92% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, artificial staple fibre imports contracted markedly to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 104%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) was the main supplier of artificial staple fibre to Bulgaria, with a 96% share of total imports. Moreover, artificial staple fibre imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +2.1%.

In value terms, Germany ($X) constituted the largest supplier of artificial staple fibres to Bulgaria, comprising 95% of total imports. The second position in the ranking was taken by Italy ($X), with a 5.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +4.4%.

Import Prices by Country

In 2021, the average artificial staple fibre import price amounted to $X per ton, with a decrease of -18.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2018 an increase of 21%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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