Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Portugal - 2024

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Portugal (FOB) - 2024
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Portugal (CIF) - 2024
3. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Portugal
4. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Portugal

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Portugal (FOB) - 2024

In January 2024, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,660 per ton, dropping by -3.4% against the previous month. Over the period under review, the export price showed a noticeable downturn. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 18% against the previous month. The export price peaked at $5,069 per ton in January 2023; however, from February 2023 to January 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Germany ($7,272 per ton), while the average price for exports to Slovakia ($3,328 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.2%), while the prices for the other major destinations experienced a decline.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Portugal (CIF) - 2024

In January 2024, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,852 per ton, almost unchanged from the previous month. Overall, the import price recorded a mild slump. The pace of growth was the most pronounced in April 2023 when the average import price increased by 7.1% month-to-month. The import price peaked at $4,770 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was Romania ($4,980 per ton), while the price for China totaled $3,817 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Romania (+0.3%).

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Portugal

Exports of textile fabrics; tyrecord of high tenacity yarn of polyesters from Portugal dropped to 4.7K tons in 2022, which is down by -10.6% on 2021. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 1.3% against the previous year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters surged to $21M in 2022. Over the period under review, exports saw a perceptible shrinkage.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Portugal in 2022:

1. Slovakia (3673.1 tons)
2. Germany (352.0 tons)
3. Romania (274.5 tons)
4. Czech Republic (217.8 tons)

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Portugal

In 2022, after two years of decline, there was significant growth in purchases abroad of textile fabrics; tyrecord of high tenacity yarn of polyesters, when their volume increased by 6.8% to 363 tons. In general, imports, however, saw a deep reduction.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters skyrocketed to $1.8M in 2022. Over the period under review, imports, however, recorded a perceptible shrinkage.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Portugal in 2022:

1. China (340.7 tons)
2. France (15.2 tons)
3. Czech Republic (6.2 tons)
4. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform