Report Update Nov 1, 2024

Bulgaria - Flax, Tow and Waste - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Market for Flax, Tow And Waste 2022

Market Size for Flax, Tow And Waste in Bulgaria

The Bulgarian flax, tow and waste market expanded to $X in 2021, growing by less than X% against the previous year. In general, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2017 indices. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Production of Flax, Tow And Waste in Bulgaria

In value terms, flax, tow and waste production expanded to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

In 2021, the average yield of flax, tow and waste in Bulgaria stood at less than X kg per ha, approximately mirroring 2020. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The flax, tow and waste harvested area in Bulgaria amounted to less than X ha in 2021, leveling off at 2020. In general, the harvested area showed a relatively flat trend pattern.

Exports of Flax, Tow And Waste

Exports from Bulgaria

In 2021, overseas shipments of flax, tow and waste decreased by X% to less than X kg, falling for the third consecutive year after two years of growth. Over the period under review, exports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, flax, tow and waste exports totaled less than $X in 2021. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Greece (X tons) was the main destination for flax, tow and waste exports from Bulgaria, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Greece stood at -X%.

In value terms, Greece ($X) also remains the key foreign market for flax, tow and waste exports from Bulgaria.

From 2012 to 2019, the average annual rate of growth in terms of value to Greece amounted to -X%.

Export Prices by Country

The average flax, tow and waste export price stood at $X per ton in 2019, falling by -X% against the previous year. In general, the export price recorded a perceptible reduction. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2019, the rate of growth in terms of prices for Greece amounted to -X% per year.

Imports of Flax, Tow And Waste

Imports into Bulgaria

In 2021, overseas purchases of flax, tow and waste decreased by X% to less than X kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, flax, tow and waste imports stood at less than $X in 2021. Overall, imports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons) and Belgium (X tons) were the main suppliers of flax, tow and waste imports to Bulgaria.

From 2012 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X value terms, Belgium ($X) and France ($X) were the largest flax, tow and waste suppliers to Bulgaria.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average flax, tow and waste import price stood at $X per ton in 2019, stabilizing at the previous year. In general, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2019, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Belgium ($X per ton), while the price for France stood at $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by France (+X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flax, tow and waste in the world?

The countries with the highest volumes of flax, tow and waste consumption in 2021 were China, France and Canada, together comprising 77% of global consumption.

What are the largest producers of flax, tow and waste in the world?

France constituted the country with the largest volume of flax, tow and waste production, comprising approx. 63% of total volume. Moreover, flax, tow and waste production in France exceeded the figures recorded by the second-largest producer, Canada, threefold. The third position in this ranking was occupied by Belgium, with a 9.2% share.

What are the leading suppliers of flax, tow and waste to Bulgaria?

In value terms, the largest flax, tow and waste suppliers to Bulgaria were Belgium and France.

What are the leading importers of flax, tow and waste from Bulgaria?

In value terms, Greece remains the key foreign market for flax, tow and waste exports from Bulgaria.

What is the average export price for flax, tow and waste in Bulgaria?

The average flax, tow and waste export price stood at $1,325 per ton in 2019, declining by -7.5% against the previous year.

What is the average import price for flax, tow and waste in Bulgaria?

The average flax, tow and waste import price stood at $960 per ton in 2019, dropping by -40.3% against the previous year.

This report provides an in-depth analysis of the market for flax, tow and waste 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:

FCL 774 - Flax tow and waste

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023