Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal - 2023
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal (CIF) - 2023
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal (FOB) - 2023
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal
- Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal (CIF) - 2023
The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $13.2 per square meter in December 2023, declining by -7.5% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 20% m-o-m. As a result, import price reached the peak level of $15.4 per square meter. From May 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($25.6 per square meter), while the price for France ($3.9 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 the UK (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal (FOB) - 2023
In December 2023, the average export price for woven fabrics of combed wool or of combed fine animal hair amounted to $9.4 per square meter, picking up by 5.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in January 2023 an increase of 7.5% m-o-m. The export price peaked at $9.6 per square meter in September 2023; however, from October 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Denmark ($13.4 per square meter), while the average price for exports to Turkey ($6.1 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 Denmark (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal
In 2022, the amount of woven fabrics of combed wool or of combed fine animal hair imported into Portugal surged to 3.1M square meters, growing by 30% compared with 2021 figures. Overall, imports, however, saw a perceptible shrinkage. Over the period under review, imports of hit record highs at 3.4M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair soared to $37M in 2022. In general, imports, however, saw a abrupt descent. Imports peaked at $44M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 33.1 | 16.6 | 20.9 | 28.2 | -5.2% |
| Germany | 2.8 | 1.6 | 0.9 | 2.2 | -7.7% |
| Spain | 2.9 | 2.9 | 2.6 | 2.1 | -10.2% |
| United Kingdom | 0.7 | 0.6 | 1.1 | 1.7 | 34.4% |
| France | 1.3 | 1.1 | 0.6 | 0.8 | -14.9% |
| Denmark | 1.5 | 1.0 | 0.5 | 0.4 | -35.6% |
| Others | 1.5 | 0.9 | 0.8 | 1.8 | 6.3% |
| Total | 43.9 | 24.6 | 27.4 | 37.1 | -5.5% |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Portugal in 2022:
- Italy (2301.4K square meters)
- Spain (247.7K square meters)
- Germany (186.6K square meters)
- United Kingdom (111.4K square meters)
- France (79.7K square meters)
- Denmark (28.3K square meters)
Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal
Exports of woven fabrics of combed wool or of combed fine animal hair from Portugal skyrocketed to 3.4M square meters in 2022, increasing by 38% compared with the year before. In general, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.7% 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 +45.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of woven fabrics of combed wool or of combed fine animal hair surged to $26M in 2022. Overall, exports, however, saw a noticeable reduction. The exports peaked at $28M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.6 | 6.9 | 5.7 | 12.7 | 13.9% |
| Romania | 4.9 | 1.7 | 1.2 | 2.0 | -25.8% |
| Italy | 2.5 | 1.4 | 1.0 | 1.7 | -12.1% |
| Switzerland | 1.7 | 0.5 | 0.4 | 1.2 | -11.0% |
| Spain | 2.1 | 1.3 | 0.9 | 1.2 | -17.0% |
| Turkey | 1.0 | 0.6 | 0.5 | 0.9 | -3.5% |
| France | 0.7 | 0.6 | 0.4 | 0.7 | 0.0% |
| Morocco | 0.1 | 0.6 | 0.5 | 0.7 | 91.3% |
| Cabo Verde | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Tunisia | 0.1 | 0.2 | 0.1 | 0.5 | 71.0% |
| Bulgaria | 0.7 | 0.4 | 1.2 | 0.2 | -34.1% |
| Others | 6.0 | 3.5 | 3.1 | 3.3 | -18.1% |
| Total | 28.4 | 17.7 | 15.1 | 25.7 | -3.3% |
Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Portugal in 2022:
- Germany (1846.5K square meters)
- Romania (227.3K square meters)
- Italy (227.0K square meters)
- Switzerland (148.0K square meters)
- Spain (146.4K square meters)
- Turkey (122.3K square meters)
- Tunisia (90.7K square meters)
- France (75.1K square meters)
- Morocco (74.5K square meters)
- Cabo Verde (58.1K square meters)
- Bulgaria (32.1K square meters)
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