Price for Wadding; Other Articles Thereof, of Cotton in Portugal - 2024
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in Portugal (CIF) - 2024
- Price for Wadding; Other Articles Thereof, of Cotton in Portugal (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Cotton in Portugal
- Exports of Wadding; Other Articles Thereof, of Cotton in Portugal
Price for Wadding; Other Articles Thereof, of Cotton in Portugal (CIF) - 2024
In February 2024, the average import price for wadding; other articles thereof, of cotta amounted to $7,531 per ton, leveling off at the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2023 an increase of 15% m-o-m. As a result, import price reached the peak level of $8,079 per ton. From January 2024 to February 2024, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In February 2024, the highest price was recorded for prices from France ($8,441 per ton) and Germany ($8,314 per ton), while the price for China ($6,077 per ton) and Spain ($6,372 per ton) were amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Poland (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in Portugal (FOB) - 2022
The average export price for wadding; other articles thereof, of cotta stood at $5,097 per ton in 2022, remaining constant against the previous year. Overall, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,684 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($8,506 per ton), while the average price for exports to Germany ($4,384 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 (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wadding; Other Articles Thereof, of Cotton in Portugal
In 2022, approx. 436 tons of wadding; other articles thereof, of cotta were imported into Portugal; picking up by 19% compared with 2021. Over the period under review, imports, however, recorded a deep contraction.
In value terms, imports of wadding; other articles thereof, of cotta soared to $3.5M in 2022. In general, imports, however, continue to indicate a mild shrinkage.
| Import of Wadding; Other Articles Thereof, of Cotton in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,788 | 2,104 | 1,723 | 1,834 | 0.9% |
| Germany | 418 | 345 | 393 | 749 | 21.5% |
| France | 895 | 825 | 588 | 613 | -11.9% |
| China | 69.9 | 367 | 50.6 | 87.4 | 7.7% |
| Greece | N/A | N/A | 18.4 | 70.3 | 282.1% |
| Italy | 40.1 | 4.4 | 7.6 | 51.9 | 9.0% |
| Switzerland | 220 | 139 | 71.1 | 0.1 | -92.3% |
| Others | 200 | 167 | 61.6 | 51.4 | -36.4% |
| Total | 3,631 | 3,951 | 2,914 | 3,457 | -1.6% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Portugal in 2022:
- Spain (233.1 tons)
- France (96.6 tons)
- Germany (76.1 tons)
- Greece (11.0 tons)
- China (7.4 tons)
- Italy (6.8 tons)
Exports of Wadding; Other Articles Thereof, of Cotton in Portugal
In 2022, exports of wadding; other articles thereof, of cotta from Portugal dropped modestly to 235 tons, with a decrease of -4% against 2021 figures. In general, exports continue to indicate a precipitous decrease.
In value terms, exports of wadding; other articles thereof, of cotta contracted slightly to $1.2M in 2022. Over the period under review, exports continue to indicate a precipitous contraction.
| Export of Wadding; Other Articles Thereof, of Cotton in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 335 | 256 | 599 | 520 | 15.8% |
| France | 198 | 123 | 235 | 245 | 7.4% |
| Denmark | 9.0 | 4.6 | 63.6 | 96.8 | 120.7% |
| United Kingdom | 1,663 | 1,067 | 0.5 | 70.1 | -65.2% |
| Angola | 38.8 | 41.2 | 52.7 | 67.6 | 20.3% |
| Vietnam | N/A | N/A | 45.5 | 47.3 | 4.0% |
| Saudi Arabia | N/A | 10.5 | 7.5 | 38.0 | 90.2% |
| Cabo Verde | 20.7 | 24.0 | 28.5 | 36.9 | 21.3% |
| Germany | 3.6 | N/A | N/A | 19.7 | 76.2% |
| Israel | 31.6 | 59.1 | 51.2 | 12.5 | -26.6% |
| Netherlands | 11.7 | 9.2 | 132 | N/A | 235.9% |
| Others | 118 | 60.7 | 42.0 | 45.5 | -27.2% |
| Total | 2,429 | 1,655 | 1,257 | 1,199 | -21.0% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Portugal in 2022:
- Spain (107.6 tons)
- France (53.9 tons)
- Denmark (20.9 tons)
- Angola (11.4 tons)
- United Kingdom (11.2 tons)
- Saudi Arabia (5.6 tons)
- Vietnam (5.6 tons)
- Germany (4.5 tons)
- Cabo Verde (4.4 tons)
- Israel (2.0 tons)
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