Price for Safety Pins and Other Pins; of Iron or Steel in Portugal - 2024
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Portugal (CIF) - 2022
- Price for Safety Pins and Other Pins; of Iron or Steel in Portugal (FOB) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in Portugal
- Exports of Safety Pins and Other Pins; of Iron or Steel in Portugal
Price for Safety Pins and Other Pins; of Iron or Steel in Portugal (CIF) - 2022
The average import price for safety pins and other pins; of iron or steels stood at $11,320 per ton in 2022, rising by 5.2% against the previous year. Over the period under review, the import price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2021 an increase of 15% against the previous year. The import price peaked at $15,971 per ton in 2013; however, from 2014 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 Italy ($56,769 per ton), while the price for the Netherlands ($7,578 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Safety Pins and Other Pins; of Iron or Steel in Portugal (FOB) - 2022
In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $41,840 per ton, with an increase of 25% against the previous year. In general, the export price saw a prominent increase. The growth pace was the most rapid in 2021 when the average export price increased by 270%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($246,195 per ton), while the average price for exports to Spain ($16,589 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 the United States (+99.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Safety Pins and Other Pins; of Iron or Steel in Portugal
Imports of safety pins and other pins; of iron or steels into Portugal skyrocketed to 34 tons in 2022, with an increase of 56% compared with 2021 figures. In general, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of safety pins and other pins; of iron or steels skyrocketed to $390K in 2022. Over the period under review, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Safety Pins and Other Pins; of Iron or Steel in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.8 | 73.8 | 77.5 | 159 | 49.3% |
| Germany | 63.4 | 28.8 | 24.4 | 116 | 22.3% |
| Netherlands | 33.8 | 6.6 | 45.8 | 46.0 | 10.8% |
| Spain | 15.3 | 11.0 | 48.2 | 22.0 | 12.9% |
| France | 7.4 | 7.9 | 7.6 | 9.8 | 9.8% |
| Others | 68.1 | 24.1 | 33.4 | 35.9 | -19.2% |
| Total | 236 | 152 | 237 | 390 | 18.2% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Portugal in 2022:
- China (20.3 tons)
- Netherlands (6.1 tons)
- Germany (3.9 tons)
- Spain (2.5 tons)
- France (0.4 tons)
Exports of Safety Pins and Other Pins; of Iron or Steel in Portugal
In 2022, shipments abroad of safety pins and other pins; of iron or steels was finally on the rise to reach 1.1 tons after two years of decline. Over the period under review, exports, however, continue to indicate a significant curtailment.
In value terms, exports of safety pins and other pins; of iron or steels skyrocketed to $46K in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 57%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Safety Pins and Other Pins; of Iron or Steel in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.8 | 3.6 | 15.3 | 19.0 | 29.2% |
| Spain | 7.8 | 12.4 | 4.6 | 6.5 | -5.9% |
| Angola | 1.3 | 1.4 | 1.9 | 5.5 | 61.7% |
| Germany | N/A | 2.5 | 1.3 | 2.4 | -2.0% |
| Netherlands | N/A | 1.1 | 1.8 | 2.1 | 38.2% |
| Italy | N/A | 0.3 | 1.2 | 2.1 | 164.6% |
| France | N/A | N/A | 0.6 | 0.9 | 50.0% |
| India | 4.5 | N/A | N/A | 0.1 | -71.9% |
| Others | 1.5 | 0.9 | 8.3 | 7.2 | 68.7% |
| Total | 24.0 | 22.3 | 34.9 | 45.8 | 24.0% |
Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Portugal in 2022:
- Spain (394.0 kg)
- Angola (195.0 kg)
- Netherlands (89.0 kg)
- Germany (86.0 kg)
- United States (77.0 kg)
- Italy (60.0 kg)
- France (44.0 kg)
- India (3.0 kg)
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This report provides an in-depth analysis of the sewing needle market in Portugal.
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