Report Update Nov 1, 2024

Bulgaria - Woven Fabrics of Flax - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Flax Fabric Market 2024

Flax Fabric Market Size in Bulgaria

In 2022, after ten years of growth, there was significant decline in the Bulgarian flax fabric market, when its value decreased by -73.9% to $X. Overall, consumption continues to indicate a precipitous contraction. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Flax Fabric Production in Bulgaria

In value terms, flax fabric production skyrocketed to $X in 2022 estimated in export price. In general, production recorded a abrupt descent. Flax fabric production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Flax Fabric Exports

Exports from Bulgaria

In 2022, approx. X tons of woven fabrics of flax were exported from Bulgaria; picking up by 683% on 2021. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, flax fabric exports soared to $X in 2022. Overall, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

North Macedonia (X tons), France (X tons) and Germany (X tons) were the main destinations of flax fabric exports from Bulgaria, together comprising 66% of total exports. Italy, Spain, China, Poland, Serbia, the United States, Romania and Turkey lagged somewhat behind, together accounting for a further 25%.

From 2020 to 2022, the biggest increases were recorded for Spain (with a CAGR of +1,182.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for flax fabric exported from Bulgaria were North Macedonia ($X), France ($X) and Germany ($X), with a combined 68% share of total exports. Spain, Italy, China, the United States, Poland, Turkey, Serbia and Romania lagged somewhat behind, together comprising a further 23%.

Among the main countries of destination, Spain, with a CAGR of +487.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average flax fabric export price stood at $X per ton in 2022, with a decrease of -70% against the previous year. Overall, the export price continues to indicate a significant decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 82% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+0.0%), while the prices for the other major destinations experienced a decline.

Flax Fabric Imports

Imports into Bulgaria

Flax fabric imports into Bulgaria expanded markedly to X tons in 2022, growing by 7.1% on the previous year. Overall, imports continue to indicate a slight increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax fabric imports skyrocketed to $X in 2022. In general, total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest flax fabric supplier to Bulgaria, with a 34% share of total imports. Moreover, flax fabric imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. France (X tons) ranked third in terms of total imports with a 13% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from Italy totaled -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+62.4% per year) and France (+66.6% per year).

In value terms, Italy ($X) constituted the largest supplier of woven fabrics of flax to Bulgaria, comprising 43% of total imports. The second position in the ranking was taken by France ($X), with a 13% share of total imports. It was followed by Spain, with an 11% share.

From 2020 to 2022, the average annual growth rate of value from Italy totaled +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+72.1% per year) and Spain (+407.9% per year).

Import Prices by Country

In 2022, the average flax fabric import price amounted to $X per ton, increasing by 25% against the previous year. Over the last two-year period, it increased at an average annual rate of +13.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of flax in the world?

The countries with the highest volumes of in 2021 were China, Afghanistan and the United States, with a combined 32% share of global consumption.

What are the largest producers of woven fabrics of flax in the world?

The country with the largest volume of flax fabric production was China, comprising approx. 41% of total volume. Moreover, flax fabric production in China exceeded the figures recorded by the second-largest producer, Russia, fivefold. India ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of woven fabrics of flax to Bulgaria?

In value terms, Italy constituted the largest supplier of flax fabric to Bulgaria, comprising 51% of total imports. The second position in the ranking was occupied by France, with a 13% share of total imports. It was followed by Turkey, with a 12% share.

What are the leading importers of woven fabrics of flax from Bulgaria?

In value terms, North Macedonia, France and Italy appeared to be the largest markets for flax fabric exported from Bulgaria worldwide, together comprising 64% of total exports.

What is the average export price for woven fabrics of flax in Bulgaria?

The average flax fabric export price stood at $34,112 per ton in 2021, growing by 13% against the previous year.

What is the average import price for woven fabrics of flax in Bulgaria?

The average flax fabric import price stood at $30,756 per ton in 2021, falling by -2.2% against the previous year.

This report provides an in-depth analysis of the flax fabric 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 13201330 - Woven fabrics of flax, containing . .85 % by weight of flax
Prodcom 13201360 - Woven fabrics of flax, containing < .85 % by weight of flax

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023