Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain - 2023

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain (FOB) - 2023
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain (CIF) - 2023
  3. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain
  4. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain (FOB) - 2023

In October 2023, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $4,488 per ton, shrinking by -4.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in September 2023 an increase of 45% m-o-m. As a result, the export price attained the peak level of $4,680 per ton, and then reduced in the following month.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the UK ($16,717 per ton), while the average price for exports to Portugal ($2,363 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain (CIF) - 2023

In October 2023, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $4,552 per ton, falling by -10.7% against the previous month. In general, import price indicated a tangible expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for felt; whether or not impregnated, coated, covered or laminateds increased by +65.2% against April 2023 indices. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 30% month-to-month. Over the period under review, average import prices attained the peak figure at $5,095 per ton in September 2023, and then dropped in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($26,101 per ton), while the price for China ($2,215 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Austria (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain

In 2022, approx. 11K tons of felt; whether or not impregnated, coated, covered or laminateds were exported from Spain; picking up by 11% on 2021 figures. The total export volume increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds rose markedly to $43M in 2022. The total export value increased at an average annual rate of +5.0% 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 when exports increased by 22% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.84.99.511.132.2%
France5.94.44.95.6-1.7%
Portugal4.12.93.83.5-5.1%
United States3.93.23.92.8-10.5%
Poland0.81.40.82.648.1%
Morocco1.42.22.22.521.3%
Belgium1.91.31.51.90.0%
Italy1.81.51.71.80.0%
United Kingdom3.62.11.71.7-22.1%
Czech Republic1.30.80.71.0-8.4%
Luxembourg0.30.20.20.2-12.6%
Others7.47.28.38.33.9%
Total37.132.039.243.05.0%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Spain in 2022:

  1. Germany (2779.8 tons)
  2. France (1765.3 tons)
  3. Portugal (1637.1 tons)
  4. Poland (1031.1 tons)
  5. Morocco (692.0 tons)
  6. Belgium (543.6 tons)
  7. Italy (524.0 tons)
  8. United States (424.3 tons)
  9. Czech Republic (227.7 tons)
  10. Luxembourg (144.3 tons)
  11. United Kingdom (120.3 tons)

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain

In 2022, the amount of felt; whether or not impregnated, coated, covered or laminateds imported into Spain surged to 8.7K tons, picking up by 15% on 2021 figures. Overall, imports, however, showed a relatively flat trend pattern.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds soared to $31M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.25.55.48.03.6%
China3.02.36.46.227.4%
Germany2.52.02.72.72.6%
Portugal5.12.02.22.3-23.3%
France1.42.22.22.216.3%
Turkey0.30.71.11.674.7%
Slovenia0.61.31.11.432.6%
Czech Republic0.80.80.70.80.0%
Others2.32.34.66.339.9%
Total23.319.026.431.410.5%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Spain in 2022:

  1. China (2122.4 tons)
  2. France (1536.4 tons)
  3. Italy (1322.4 tons)
  4. Turkey (703.4 tons)
  5. Portugal (535.4 tons)
  6. Germany (527.3 tons)
  7. Slovenia (522.3 tons)
  8. Czech Republic (291.7 tons)

Source: IndexBox Market Intelligence Platform

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