Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Portugal - 2024

Contents:

1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Portugal (CIF) - 2022
2. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Portugal (FOB) - 2022
3. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Portugal
4. Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Portugal

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Portugal (CIF) - 2022

The average import price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.3 per square meter in 2022, shrinking by -5.9% against the previous year. Overall, the import price recorded a slight setback. The growth pace was the most rapid in 2020 an increase of 13%. The import price peaked at $0.4 per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($1.8 per square meter), while the price for China ($0.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Portugal (FOB) - 2022

In 2022, the average export price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $2 per square meter, rising by 6.5% against the previous year. Overall, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2013 an increase of 87%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($4.9 per square meter), while the average price for exports to Angola ($1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Portugal

In 2022, imports of fabrics, woven; from strip or the like, of synthetic textile materialses into Portugal was estimated at 39M square meters, increasing by 6.8% against 2021. In general, imports continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of 172% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses reached $13M in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 181%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Portugal in 2022:

1. India (28.2M square meters)
2. Belgium (3.5M square meters)
3. Spain (1.4M square meters)
4. Turkey (1.3M square meters)
5. Saudi Arabia (1.3M square meters)
6. China (0.9M square meters)
7. Czech Republic (0.7M square meters)
8. Germany (0.6M square meters)
9. Italy (0.3M square meters)
10. Greece (0.2M square meters)
11. Netherlands (0.1M square meters)

Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Portugal

Exports of fabrics, woven; from strip or the like, of synthetic textile materialses from Portugal contracted to 1.5M square meters in 2022, which is down by -9.5% compared with the previous year's figure. Over the period under review, exports showed a significant contraction. Over the period under review, the exports of fabrics, woven; from strip or like, of synthetic textile materialses attained the maximum at 5.3M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses reduced modestly to $3M in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 4.4% against the previous year. The exports peaked at $4.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Portugal in 2022:

1. Spain (1036.1K square meters)
2. Germany (226.3K square meters)
3. Angola (70.6K square meters)
4. Australia (47.7K square meters)
5. Czech Republic (27.1K square meters)
6. France (4.3K square meters)

Source: IndexBox Market Intelligence Platform