Tailoring Industry - Development of the production, import, Export and sales in Bulgaria


Production

  • In the first quarter of 2009 the tailoring industry in Bulgaria reported a decrease of 21.4% in sales turnover from goods and products and provided services as compared to the same period of 2008.
  • The volume of production during the first 3 months of 2009 decreased by 26.3%.

Foreign Trade

  • The foreign trade of Bulgaria in tailoring, textile and knitted products in the first quarter of 2009 was worth EUR 473.2 mln, which compared to 2008 is EUR 118.9 mln or 20.1% less.
  • The export decreased by 25.4%.
  • Decrease of the import during the period was 19.9% over the previous year.

Domestic Market Sales

  • The main part of the production of tailoring industry continued to be toll manufacture. Only 1.5 percent of the output is sold on the domestic market
  • Producers’ sales on the domestic market compared to the first quarter of 2008 are less by 25%. Only clothing for men and boys increased 2.5 times.

Summary - Period: Q2 2009
Production

  • During the second quarter of 2009 decrease in sales of products, goods and services in the tailoring industry is less. Compared with the same period of 2008 the decrease is 18.9 percent (21.4% in the first quarter).
  • Compared with the first half of 2008 the reduction is 20.3%.

Foreign Trade

  • In the second quarter of 2009, the reduction of import is higher compared to the first. Compared with the same period of 2008 the decrease is 28.1% (in the first quarter it was 19.9 percent). The decline for the first half is 23.7%.
  • The decrease of export compared with the first quarter of 2009 is less. In comparison with the same period of 2008 the decrease is 23.6% (25.4% in the first quarter). For the first half-year the reduction is 24.5%.

Domestic Market Sales

  • Sales of clothing on the domestic market are small. Companies included in the extract, sold 2.9% of the total produced quantities in the second quarter and -2.1 percent in the first half-year.
  • Companies included in the extract sold with 18.1 percent fewer goods in the second quarter compared to the corresponding period of 2008 and in the first half-year - with 20.9 percent less.

Source: http://www.bgtextiles.org/?cid=78&NewsId=1047

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