Bulgaria: Women’S Bathrobe Market 2024

Women’S Bathrobe Market Size in Bulgaria

In 2021, after two years of growth, there was significant decline in the Bulgarian women’s bathrobe market, when its value decreased by -37.2% to $X. Overall, consumption saw a abrupt downturn. Women’s bathrobe consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Women’S Bathrobe Production in Bulgaria

In value terms, women’s bathrobe production soared to $X in 2021 estimated in export price. In general, production posted a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Women’S Bathrobe Exports

Exports from Bulgaria

In 2021, overseas shipments of women’s negligees, bathrobes and dressing gowns of knitted or crocheted textiles were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 124%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, women’s bathrobe exports surged to $X in 2021. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 121% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

Italy (X units) was the main destination for women’s bathrobe exports from Bulgaria, accounting for a 63% share of total exports. Moreover, women’s bathrobe exports to Italy exceeded the volume sent to the second major destination, Greece (X units), fivefold. The third position in this ranking was taken by Germany (X units), with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled +80.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+14.5% per year) and Germany (+14.0% per year).

In value terms, Italy ($X) remains the key foreign market for women’s negligees, bathrobes and dressing gowns of knitted or crocheted textiles exports from Bulgaria, comprising 72% of total exports. The second position in the ranking was taken by Greece ($X), with a 12% share of total exports. It was followed by Germany, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value to Italy totaled +85.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+22.4% per year) and Germany (+13.7% per year).

Export Prices by Country

The average women’s bathrobe export price stood at $X per unit in 2021, with an increase of 13% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, women’s bathrobe export price increased by +31.1% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 33%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Women’S Bathrobe Imports

Imports into Bulgaria

In 2021, after three years of growth, there was significant decline in overseas purchases of women’s negligees, bathrobes and dressing gowns of knitted or crocheted textiles, when their volume decreased by -7.8% to X units. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 118% against the previous year. Over the period under review, imports hit record highs at X units in 2020, and then contracted in the following year.

In value terms, women’s bathrobe imports skyrocketed to $X in 2021. In general, imports, however, saw a prominent increase. The growth pace was the most rapid in 2016 when imports increased by 65% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Turkey (X units) constituted the largest supplier of women’s bathrobe to Bulgaria, with a 62% share of total imports. Moreover, women’s bathrobe imports from Turkey exceeded the figures recorded by the second-largest supplier, Greece (X units), threefold. The third position in this ranking was held by China (X units), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+19.8% per year) and China (+56.6% per year).

In value terms, Turkey ($X), China ($X) and Greece ($X) were the largest women’s bathrobe suppliers to Bulgaria, with a combined 71% share of total imports. These countries were followed by Bangladesh, which accounted for a further 7.7%.

Bangladesh, with a CAGR of +182.9%, recorded the highest growth rate of the value of imports, among 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 women’s bathrobe import price stood at $X per unit in 2021, surging by 46% against the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2015 an increase of 60%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform