Price for Rubber Thread and Cord; Textile Covered in Portugal - 2024
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Portugal (FOB) - 2022
- Price for Rubber Thread and Cord; Textile Covered in Portugal (CIF) - 2022
- Exports of Rubber Thread and Cord; Textile Covered in Portugal
- Imports of Rubber Thread and Cord; Textile Covered in Portugal
Price for Rubber Thread and Cord; Textile Covered in Portugal (FOB) - 2022
In 2022, the average export price for rubber thread and cord; textile covereds amounted to $18,327 per ton, jumping by 23% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber thread and cord; textile covereds decreased by -2.1% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 49%. As a result, the export price attained the peak level of $24,531 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
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 Lithuania ($34,923 per ton), while the average price for exports to Senegal ($994 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber Thread and Cord; Textile Covered in Portugal (CIF) - 2022
The average import price for rubber thread and cord; textile covereds stood at $4,540 per ton in 2022, falling by -18% against the previous year. Overall, the import price showed a deep contraction. The growth pace was the most rapid in 2018 when the average import price increased by 29% against the previous year. The import price peaked at $11,873 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($16,549 per ton), while the price for Spain ($3,376 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rubber Thread and Cord; Textile Covered in Portugal
In 2022, overseas shipments of rubber thread and cord; textile covereds decreased by -49.3% to 26 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year.
In value terms, exports of rubber thread and cord; textile covereds fell notably to $468K in 2022. In general, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 99% against the previous year.
| Export of Rubber Thread and Cord; Textile Covered in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 162 | 101 | 109 | 123 | -8.8% |
| Denmark | 30.3 | 25.7 | 107 | 78.3 | 37.2% |
| Austria | 3.3 | 22.6 | 32.5 | 54.1 | 154.0% |
| France | 3.9 | 294 | 159 | 38.7 | 114.9% |
| Latvia | 27.5 | 8.8 | 26.9 | 37.0 | 10.4% |
| Tunisia | 15.1 | 0.1 | 22.2 | 32.3 | 28.8% |
| Sweden | 34.6 | 24.2 | 35.6 | 25.5 | -9.7% |
| Spain | 7.6 | 19.8 | 14.1 | 9.8 | 8.8% |
| Italy | 2.1 | 2.1 | 145 | 8.8 | 61.2% |
| Angola | 6.4 | 86.6 | 34.2 | 7.5 | 5.4% |
| United Kingdom | 4.6 | 5.7 | 11.2 | 4.6 | 0.0% |
| Morocco | 15.9 | 9.9 | 2.6 | 2.1 | -49.1% |
| Senegal | N/A | N/A | N/A | 1.0 | 0% |
| Others | 45.7 | 114 | 52.2 | 44.7 | -0.7% |
| Total | 359 | 714 | 753 | 468 | 9.2% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Portugal in 2022:
- Denmark (3.6 tons)
- Lithuania (3.5 tons)
- France (3.4 tons)
- Latvia (2.9 tons)
- Austria (2.7 tons)
- Tunisia (1.6 tons)
- Sweden (1.3 tons)
- Spain (1.1 tons)
- Senegal (1.0 tons)
- Angola (1.0 tons)
- Italy (0.8 tons)
- United Kingdom (0.7 tons)
- Morocco (0.1 tons)
Imports of Rubber Thread and Cord; Textile Covered in Portugal
In 2022, after three years of growth, there was significant decline in overseas purchases of rubber thread and cord; textile covereds, when their volume decreased by -25.9% to 84 tons. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 120% against the previous year.
In value terms, imports of rubber thread and cord; textile covereds dropped markedly to $381K in 2022. Overall, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 67%.
| Import of Rubber Thread and Cord; Textile Covered in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.8 | 265 | 297 | 127 | 77.3% |
| Turkey | 0.4 | 18.7 | 69.5 | 82.6 | 491.1% |
| Spain | 68.0 | 68.4 | 158 | 70.3 | 1.1% |
| United Kingdom | 0.8 | 1.7 | 14.3 | 27.7 | 225.9% |
| Netherlands | 85.8 | 59.2 | 33.8 | 22.6 | -35.9% |
| Germany | 8.5 | 4.4 | 7.9 | 15.1 | 21.1% |
| Vietnam | N/A | 13.3 | 15.5 | 14.6 | 4.8% |
| France | 67.3 | 10.9 | 11.7 | 4.7 | -58.8% |
| Others | 46.6 | 59.0 | 19.5 | 16.7 | -29.0% |
| Total | 300 | 501 | 627 | 381 | 8.3% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Portugal in 2022:
- China (30.7 tons)
- Spain (20.8 tons)
- Turkey (18.8 tons)
- Netherlands (5.5 tons)
- United Kingdom (3.3 tons)
- Vietnam (1.6 tons)
- Germany (1.4 tons)
- France (0.3 tons)
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