Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal - 2024

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal (CIF) - 2024
  2. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal (FOB) - 2024
  3. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal
  4. Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal (CIF) - 2024

In February 2024, the average import price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $14,566 per ton, with a decrease of -23.4% against the previous month. Over the period under review, the import price, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in January 2024 an increase of 161% month-to-month. As a result, import price attained the peak level of $19,006 per ton, and then shrank sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($30,043 per ton), while the price for China ($3,389 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Italy (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal (FOB) - 2024

In February 2024, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $9,797 per ton, waning by -9.6% against the previous month. Over the period under review, the export price recorded a mild contraction. The pace of growth was the most pronounced in April 2023 an increase of 38% m-o-m. As a result, the export price attained the peak level of $13,110 per ton. From May 2023 to February 2024, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In February 2024, the highest price was recorded for prices to Poland ($11,162 per ton) and Slovakia ($11,076 per ton), while the average price for exports to the UK ($8,242 per ton) and Spain ($8,683 per ton) were amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal

Imports of fabrics; "long pile" fabrics, knitted or crocheteds into Portugal skyrocketed to 1.3K tons in 2022, growing by 73% against 2021. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds skyrocketed to $10M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2.11.33.45.134.4%
China1.00.81.23.044.2%
Italy2.21.62.82.0-3.1%
Others0.30.10.20.410.1%
Total5.53.77.710.423.7%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Portugal in 2022:

  1. China (756.9 tons)
  2. Spain (396.3 tons)
  3. Italy (140.9 tons)

Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal

In 2022, after two years of decline, there was significant growth in overseas shipments of fabrics; "long pile" fabrics, knitted or crocheteds, when their volume increased by 11% to 1K tons. Overall, exports, however, recorded a abrupt descent.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds expanded modestly to $10M in 2022. Over the period under review, exports, however, saw a abrupt shrinkage.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.53.13.03.5-8.0%
Germany3.72.82.02.1-17.2%
Spain2.91.82.12.1-10.2%
Slovakia1.91.61.31.2-14.2%
Italy0.30.60.60.30.0%
Poland0.10.10.20.226.0%
Belgium0.10.10.20.226.0%
AlgeriaN/AN/AN/A0.10%
Others0.50.40.60.66.3%
Total14.110.79.910.1-10.5%

Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Portugal in 2022:

  1. France (318.2 tons)
  2. Spain (232.2 tons)
  3. Germany (210.9 tons)
  4. Slovakia (100.8 tons)
  5. Belgium (27.1 tons)
  6. Algeria (26.6 tons)
  7. Poland (22.7 tons)
  8. Italy (19.6 tons)

Source: IndexBox Market Intelligence Platform

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