Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Portugal - 2023

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Portugal (CIF) - 2022
2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Portugal (FOB) - 2022
3. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Portugal
4. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Portugal

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Portugal (CIF) - 2022

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $1,257 per ton, remaining relatively unchanged against the previous year. In general, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $3,275 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +17.1% per year.

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Portugal (FOB) - 2022

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $233 per ton, waning by -33.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 47%. As a result, the export price attained the peak level of $375 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -0.9% per year.

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Portugal

For the third consecutive year, Portugal recorded decline in supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses, which decreased by 0% to 940 kg in 2022. Overall, imports recorded resilient growth. The smallest decline of -46.1% was in 2020. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses totaled $1.2K in 2022. Over the period under review, imports recorded a buoyant expansion. The smallest decline of -47.4% was in 2020. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Portugal in 2022:

1. Brazil (940.0 kg)

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Portugal

For the third year in a row, Portugal recorded decline in shipments abroad of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses, which decreased by -62.4% to 1 tons in 2022. Over the period under review, exports showed a dramatic decline. The smallest decline of -13.7% was in 2021.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses dropped rapidly to $234 in 2022. In general, exports faced a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 23%.

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from Portugal in 2022:

1. Spain (1.0 tons)

Source: IndexBox Market Intelligence Platform