Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal - 2023

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal (CIF) - 2023
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal (FOB) - 2023
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal (CIF) - 2023

In December 2023, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $18.7 per square meter, rising by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 18% m-o-m. Over the period under review, average import prices attained the peak figure in December 2023.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($23.7 per square meter), while the price for Spain ($7.6 per square meter) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal (FOB) - 2023

The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $8.9 per square meter in December 2023, approximately equating the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.9%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 53% against the previous month. Over the period under review, the average export prices hit record highs at $10.8 per square meter in August 2023; however, from September 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($16.6 per square meter), while the average price for exports to Spain ($8.1 per square meter) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal

Imports of woven fabrics of carded wool or of carded fine animal hair into Portugal expanded to 2.2M square meters in 2022, rising by 2.3% on the previous year's figure. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair rose notably to $24M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 40%. Over the period under review, imports of attained the peak figure at $25M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16.511.317.617.01.0%
Spain5.43.41.63.1-16.9%
United Kingdom1.20.72.02.120.5%
Ireland0.20.10.10.751.8%
Others1.20.71.21.1-2.9%
Total24.516.122.524.0-0.7%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Portugal in 2022:

  1. Italy (1486.6K square meters)
  2. Spain (388.6K square meters)
  3. United Kingdom (155.0K square meters)
  4. Ireland (53.2K square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal

In 2022, approx. 1.5M square meters of woven fabrics of carded wool or of carded fine animal hair were exported from Portugal; growing by 7.2% compared with the previous year's figure. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair soared to $10M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,1357479322,12623.3%
Italy19731841196870.0%
Poland43333437782724.1%
Spain9032911,877788-4.4%
France5726757406826.0%
Turkey25713235950625.3%
Romania20928712949132.9%
Bulgaria18716820541830.8%
Tunisia13611230840744.1%
Morocco82.318.190934060.5%
United Kingdom585389398312-18.9%
Netherlands11367.548.526032.0%
Norway270260267260-1.3%
Others2,0711,5251,3151,696-6.4%
Total7,1495,3238,27610,08112.1%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Portugal in 2022:

  1. Germany (341.0K square meters)
  2. Spain (164.1K square meters)
  3. Poland (117.1K square meters)
  4. Italy (115.5K square meters)
  5. France (106.0K square meters)
  6. Turkey (70.5K square meters)
  7. Netherlands (64.1K square meters)
  8. Romania (63.1K square meters)
  9. Tunisia (58.7K square meters)
  10. Bulgaria (55.4K square meters)
  11. Morocco (40.8K square meters)
  12. Norway (33.9K square meters)
  13. United Kingdom (32.0K square meters)

Source: IndexBox Market Intelligence Platform

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