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

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Spain (FOB) - 2024
  2. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Spain (CIF) - 2022
  3. Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Spain
  4. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Spain

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

In February 2024, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $10,366 per ton, increasing by 44% against the previous month. Over the period under review, the export price showed a measured expansion. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 77% m-o-m. Over the period under review, the average export prices reached the peak figure at $17,970 per ton in April 2023; however, from May 2023 to February 2024, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In February 2024, the country with the highest price was Italy ($15,428 per ton), while the average price for exports to Morocco ($9,081 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Spain (CIF) - 2022

The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $8,971 per ton in 2022, falling by -14.1% against the previous year. Over the period under review, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 32% against the previous year. Over the period under review, average import prices reached the maximum at $12,841 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($12,142 per ton), while the price for China ($7,408 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of fabrics; "long pile" fabrics, knitted or crocheteds exported from Spain declined slightly to 767 tons, which is down by -3.3% compared with the previous year's figure. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports attained the peak of 793 tons, and then dropped in the following year.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds fell to $6.5M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. As a result, the exports attained the peak of $7.6M, and then fell in the following year.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco1.82.55.74.737.7%
Portugal1.20.61.21.1-2.9%
Algeria1.30.90.10.2-46.4%
Tunisia0.10.10.10.10.0%
Others1.20.90.60.4-30.7%
Total5.65.07.66.55.1%

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

  1. Morocco (635.5 tons)
  2. Portugal (75.7 tons)
  3. Algeria (23.8 tons)
  4. Tunisia (8.8 tons)

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

In 2022, imports of fabrics; "long pile" fabrics, knitted or crocheteds into Spain totaled 563 tons, increasing by 3.5% against 2021 figures. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds dropped to $5M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of $5.7M, and then declined in the following year.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.61.11.82.414.5%
Italy1.21.12.61.57.7%
South Korea0.70.40.50.6-5.0%
Portugal0.10.90.30.458.7%
Others0.10.10.40.226.0%
Total3.83.75.75.09.6%

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

  1. China (320.4 tons)
  2. Italy (140.7 tons)
  3. South Korea (49.5 tons)
  4. Portugal (35.3 tons)

Source: IndexBox Market Intelligence Platform

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