Price for Woven Fabrics of Artificial Staple Fibres in Portugal - 2023

Contents:

  1. Price for Woven Fabrics of Artificial Staple Fibres in Portugal (CIF) - 2023
  2. Price for Woven Fabrics of Artificial Staple Fibres in Portugal (FOB) - 2023
  3. Imports of Woven Fabrics of Artificial Staple Fibres in Portugal
  4. Exports of Woven Fabrics of Artificial Staple Fibres in Portugal

Price for Woven Fabrics of Artificial Staple Fibres in Portugal (CIF) - 2023

The average import price for woven fabrics of artificial staple fibres stood at $2.3 per square meter in September 2023, reducing by -11.1% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 42% against the previous month. As a result, import price attained the peak level of $3.3 per square meter. From August 2023 to September 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($5.3 per square meter), while the price for Pakistan ($917 per thousand square meters) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Artificial Staple Fibres in Portugal (FOB) - 2023

The average export price for woven fabrics of artificial staple fibres stood at $3.2 per square meter in September 2023, falling by -25.9% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 35% against the previous month. As a result, the export price reached the peak level of $4.3 per square meter, and then fell markedly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($5.5 per square meter), while the average price for exports to India ($1.2 per square meter) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Artificial Staple Fibres in Portugal

In 2022, after three years of growth, there was decline in overseas purchases of woven fabrics of artificial staple fibres, when their volume decreased by -4% to 10M square meters. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 333% against the previous year. Over the period under review, imports of hit record highs at 11M square meters in 2021, and then reduced in the following year.

In value terms, imports of woven fabrics of artificial staple fibres reduced to $26M in 2022. In general, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. Imports peaked at $35M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woven Fabrics of Artificial Staple Fibres in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy12.08.411.68.2-11.9%
Spain13.07.99.27.3-17.5%
Turkey2.61.21.02.82.5%
China1.71.81.72.310.6%
Belgium2.01.11.61.4-11.2%
France0.90.40.61.03.6%
PakistanN/A0.10.40.7164.6%
Germany1.10.90.50.6-18.3%
Others2.11.91.71.4-12.6%
Total35.423.728.325.8-10.0%

Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Portugal in 2022:

  1. Spain (1.7M square meters)
  2. China (0.8M square meters)
  3. Italy (0.7M square meters)
  4. Turkey (0.6M square meters)
  5. Pakistan (0.5M square meters)
  6. Belgium (0.5M square meters)
  7. France (0.2M square meters)
  8. Germany (0.2M square meters)

Exports of Woven Fabrics of Artificial Staple Fibres in Portugal

In 2022, exports of woven fabrics of artificial staple fibres from Portugal expanded notably to 4.6M square meters, picking up by 9.3% compared with the previous year's figure. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 313%. As a result, the exports reached the peak of 5M square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of woven fabrics of artificial staple fibres expanded remarkably to $19M in 2022. Overall, exports, however, saw a abrupt decrease. Over the period under review, the exports of attained the maximum at $23M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Woven Fabrics of Artificial Staple Fibres in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.42.74.06.524.1%
Spain8.18.95.54.7-16.6%
Germany1.41.41.41.910.7%
Italy0.60.70.81.018.6%
United States0.20.20.10.644.2%
ParaguayN/AN/AN/A0.40%
United Kingdom0.10.10.10.344.2%
Morocco1.80.90.60.1-61.8%
Others7.34.04.43.5-21.7%
Total22.919.016.919.0-6.0%

Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Portugal in 2022:

  1. Spain (1236.9K square meters)
  2. France (553.6K square meters)
  3. Germany (324.4K square meters)
  4. Italy (189.3K square meters)
  5. Paraguay (166.8K square meters)
  6. United Kingdom (74.9K square meters)
  7. United States (74.7K square meters)
  8. Morocco (16.6K square meters)

Source: IndexBox Market Intelligence Platform

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