
Bulgaria - Noils of Wool or Fine Animal Hair - Market Analysis, Forecast, Size, Trends and Insights
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Noils Of Wool Market Size in Bulgaria
In 2021, the Bulgarian noils of wool market decreased by -65.8% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption showed a deep setback. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.
Noils Of Wool Production in Bulgaria
In value terms, noils of wool production reduced to $X in 2021 estimated in export price. Over the period under review, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 28%. Noils of wool production peaked at $X in 2020, and then dropped slightly in the following year.
Noils Of Wool Exports
Exports from Bulgaria
In 2021, overseas shipments of noils of wool or fine animal hair were finally on the rise to reach X tons after two years of decline. In general, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, noils of wool exports surged to $X in 2021. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 289% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.
Exports by Country
Italy (X tons) was the main destination for noils of wool exports from Bulgaria, with a 75% share of total exports. Moreover, noils of wool exports to Italy exceeded the volume sent to the second major destination, Mexico (X tons), sixfold. The UK (X tons) ranked third in terms of total exports with a 6.9% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled +39.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+43.5% per year) and the UK (+5.4% per year).
In value terms, Italy ($X) remains the key foreign market for noils of wool or fine animal hair exports from Bulgaria, comprising 81% of total exports. The second position in the ranking was held by Mexico ($X), with a 7.7% share of total exports. It was followed by the UK, with a 6% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at +60.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+26.1% per year) and the UK (+8.8% per year).
Export Prices by Country
The average noils of wool export price stood at $X per ton in 2021, increasing by 13% against the previous year. In general, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2016 an increase of 77%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Germany ($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 Italy (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Noils Of Wool Imports
Imports into Bulgaria
In 2021, approx. X tons of noils of wool or fine animal hair were imported into Bulgaria; waning by -66.3% compared with the previous year's figure. In general, imports continue to indicate a sharp contraction. The growth pace was the most rapid in 2020 when imports increased by 275% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, noils of wool imports shrank remarkably to $X in 2021. Over the period under review, imports saw a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 256%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, the Czech Republic (X tons) was the main noils of wool supplier to Bulgaria, accounting for a 97% share of total imports. It was followed by the UK (X kg), with a 2.6% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic amounted to +1.8%.
In value terms, the Czech Republic ($X) constituted the largest supplier of noils of wool or fine animal hair to Bulgaria, comprising 99% of total imports. The second position in the ranking was held by the UK ($X), with a 1.3% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic totaled -7.4%.
Import Prices by Country
The average noils of wool import price stood at $X per ton in 2021, picking up by 2.6% against the previous year. In general, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2018 an increase of 12% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for the UK totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the noils of wool market 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:
- Prodcom 13102300 - Noils of wool or fine animal hair
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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