Price for Embroidery; in the Piece, in Strips or in Motifs in Spain - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Spain (CIF) - 2023
- Price for Embroidery; in the Piece, in Strips or in Motifs in Spain (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Spain
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Spain
Price for Embroidery; in the Piece, in Strips or in Motifs in Spain (CIF) - 2023
The average import price for embroidery; in the piece, in strips or in motifses stood at $18,746 per ton in September 2023, reducing by -7.1% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 124% m-o-m. The import price peaked at $30,166 per ton in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Turkey ($34,995 per ton), while the price for China ($16,017 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Portugal (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Embroidery; in the Piece, in Strips or in Motifs in Spain (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $6,706 per ton, shrinking by -52.5% against the previous year. Over the period under review, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 9.6%. The export price peaked at $51,066 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($23,964 per ton), while the average price for exports to Morocco totaled $5,313 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (-9.2%).
Imports of Embroidery; in the Piece, in Strips or in Motifs in Spain
In 2022, after two years of decline, there was significant growth in purchases abroad of embroidery; in the piece, in strips or in motifses, when their volume increased by 121% to 1.8K tons. In general, imports, however, faced a abrupt descent.
In value terms, imports of embroidery; in the piece, in strips or in motifses surged to $38M in 2022. Over the period under review, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.0 | 5.4 | 9.1 | 26.8 | 24.2% |
| Turkey | 1.9 | 2.3 | 2.7 | 4.2 | 30.3% |
| Morocco | N/A | 0.3 | 0.1 | 1.1 | 91.5% |
| Italy | 1.5 | 1.0 | 0.6 | 0.9 | -15.7% |
| France | 2.2 | 0.7 | 0.7 | 0.9 | -25.8% |
| Portugal | 0.1 | 0.2 | 0.3 | 0.6 | 81.7% |
| Others | 5.4 | 2.4 | 2.1 | 3.0 | -17.8% |
| Total | 25.1 | 12.3 | 15.5 | 37.6 | 14.4% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Spain in 2022:
- China (1427.7 tons)
- Turkey (174.4 tons)
- Portugal (55.6 tons)
- Morocco (52.3 tons)
- France (26.8 tons)
- Italy (26.5 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Spain
In 2022, approx. 4.6K tons of embroidery; in the piece, in strips or in motifses were exported from Spain; increasing by 318% compared with 2021 figures. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of embroidery; in the piece, in strips or in motifses soared to $31M in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 10.6 | 4.1 | 8.7 | 23.5 | 30.4% |
| Portugal | 1.3 | 0.7 | 1.2 | 1.3 | 0.0% |
| Others | 5.6 | 5.1 | 5.6 | 5.9 | 1.8% |
| Total | 17.5 | 10.0 | 15.5 | 30.8 | 20.7% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Spain in 2022:
- Morocco (4.4K tons)
- Portugal (0.1K tons)
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