Bulgaria - Sheep or Lamb Skin Leather - Market Analysis, Forecast, Size, Trends and Insights
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Sheep Leather Market Size in Bulgaria
The Bulgarian sheep leather market skyrocketed to $X in 2021, rising by 21% against the previous year. Overall, consumption recorded a prominent increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Sheep Leather Production in Bulgaria
In value terms, sheep leather production surged to $X in 2021 estimated in export price. Overall, production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 108%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.
Sheep Leather Exports
Exports from Bulgaria
In 2021, the amount of sheep or lamb skin leather exported from Bulgaria skyrocketed to X square meters, with an increase of 88% compared with 2020. In general, exports saw significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 1,332%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.
In value terms, sheep leather exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 1,915%. The exports peaked in 2021 and are likely to continue growth in the immediate term.
Exports by Country
Italy (X square meters) was the main destination for sheep leather exports from Bulgaria, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled +71.0%.
In value terms, Italy ($X) also remains the key foreign market for sheep or lamb skin leather exports from Bulgaria.
From 2012 to 2021, the average annual growth rate of value to Italy amounted to +83.9%.
Export Prices by Country
The average sheep leather export price stood at $X per square meter in 2021, rising by 4.3% against the previous year. In general, the export price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 an increase of 89%. The export price peaked in 2021 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2021, the rate of growth in terms of prices for Cyprus amounted to +23.5% per year.
Sheep Leather Imports
Imports into Bulgaria
In 2021, the amount of sheep or lamb skin leather imported into Bulgaria stood at X square meters, surging by 5.2% on the year before. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2015 when imports increased by 492%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.
In value terms, sheep leather imports surged to $X in 2021. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 224%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.
Imports by Country
In 2021, Turkey (X square meters) was the main sheep leather supplier to Bulgaria, accounting for a 94% share of total imports. Moreover, sheep leather imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X square meters), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +105.5%.
In value terms, the largest sheep leather suppliers to Bulgaria were Turkey ($X) and Italy ($X).
Turkey, with a CAGR of +51.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.
Import Prices by Country
In 2021, the average sheep leather import price amounted to $X per square meter, with an increase of 12% against the previous year. Over the period under review, the import price, however, recorded a deep slump. The pace of growth was the most pronounced in 2019 an increase of 84% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2013; however, from 2014 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Turkey amounted to $X per square meter.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.7%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sheep leather 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 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)
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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