Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal (CIF) - 2024
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal (CIF) - 2024
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $20,242 per ton in March 2024, falling by -2% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2024 when the average import price increased by 222% m-o-m. The import price peaked at $21,283 per ton in July 2023; however, from August 2023 to March 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Italy ($30,529 per ton), while the price for the Netherlands ($5,501 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $15,110 per ton, with a decrease of -2.4% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 101% against the previous year. The export price peaked at $15,474 per ton in 2021, and then contracted modestly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($32,354 per ton), while the average price for exports to the UK ($5,947 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal
In 2022, imports of cotton yarn (other than sewing thread), put up for retail sale into Portugal expanded notably to 151 tons, increasing by 10% compared with the year before. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 174% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale skyrocketed to $1.8M in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 457 | 581 | 568 | 482 | 1.8% |
| Italy | 129 | 69.6 | 208 | 465 | 53.3% |
| China | 10.6 | 68.2 | 85.1 | 213 | 171.9% |
| Spain | 12.4 | 25.7 | 66.9 | 171 | 139.8% |
| Germany | 47.7 | 40.7 | 46.0 | 109 | 31.7% |
| Turkey | 0.5 | 0.9 | 213 | 102 | 488.7% |
| Pakistan | N/A | N/A | N/A | 99.3 | 0% |
| Indonesia | N/A | N/A | 23.1 | N/A | 0% |
| Others | 138 | 70.6 | 84.6 | 170 | 7.2% |
| Total | 795 | 857 | 1,294 | 1,812 | 31.6% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Portugal in 2022:
- China (33.1 tons)
- Italy (27.1 tons)
- Pakistan (22.0 tons)
- Hungary (21.5 tons)
- Turkey (14.6 tons)
- Spain (13.3 tons)
- Germany (6.5 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal
In 2022, shipments abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -50.3% to 63 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 57%. As a result, the exports attained the peak of 220 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale declined remarkably to $952K in 2022. In general, exports faced a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 39% against the previous year. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 805 | 954 | 1,375 | 382 | -22.0% |
| Germany | 48.0 | 45.6 | 71.4 | 269 | 77.6% |
| Norway | 83.7 | 102 | 65.3 | 72.0 | -4.9% |
| Switzerland | 0.3 | 0.9 | 7.1 | 47.4 | 440.6% |
| United Kingdom | 0.5 | 7.4 | 27.4 | 42.2 | 338.6% |
| Spain | 116 | 594 | 146 | 36.7 | -31.9% |
| United States | 77.8 | 24.4 | 15.7 | 19.7 | -36.7% |
| Netherlands | 326 | 413 | 79.9 | 4.8 | -75.5% |
| Sweden | 127 | 96.2 | 96.7 | 3.8 | -69.0% |
| Others | 80.3 | 77.2 | 76.1 | 73.6 | -2.9% |
| Total | 1,665 | 2,314 | 1,961 | 952 | -17.0% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Portugal in 2022:
- Denmark (23.9 tons)
- Germany (15.0 tons)
- United Kingdom (7.1 tons)
- Switzerland (5.8 tons)
- Norway (3.9 tons)
- United States (1.9 tons)
- Spain (1.2 tons)
- Sweden (0.3 tons)
- Netherlands (0.1 tons)
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