Price for Clothing; Parts, Knitted or Crocheted in Portugal - 2023

Contents:

1. Price for Clothing; Parts, Knitted or Crocheted in Portugal (CIF) - 2022
2. Price for Clothing; Parts, Knitted or Crocheted in Portugal (FOB) - 2022
3. Imports of Clothing; Parts, Knitted or Crocheted in Portugal
4. Exports of Clothing; Parts, Knitted or Crocheted in Portugal

Price for Clothing; Parts, Knitted or Crocheted in Portugal (CIF) - 2022

In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $36,181 per ton, approximately reflecting the previous year. Over the period under review, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 15% against the previous year. Over the period under review, average import prices attained the maximum at $51,040 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($96,555 per ton), while the price for France ($23,490 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clothing; Parts, Knitted or Crocheted in Portugal (FOB) - 2022

In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $28,270 per ton, which is down by -2.5% against the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 69%. As a result, the export price attained the peak level of $48,931 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($134,139 per ton), while the average price for exports to Hungary ($7,879 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 Italy (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clothing; Parts, Knitted or Crocheted in Portugal

In 2022, approx. 230 tons of clothing; parts, knitted or crocheted were imported into Portugal; rising by 23% on the previous year's figure. Overall, imports posted buoyant growth. The growth pace was the most rapid in 2021 with an increase of 93%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, clothing; parts, knitted or crocheted imports surged to $8.3M in 2022. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 110%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Portugal in 2022:

1. Spain (129.4 tons)
2. United Kingdom (42.1 tons)
3. France (32.3 tons)
4. Italy (9.8 tons)
5. Austria (7.0 tons)
6. China (5.8 tons)

Exports of Clothing; Parts, Knitted or Crocheted in Portugal

For the fourth consecutive year, Portugal recorded growth in shipments abroad of clothing; parts, knitted or crocheted, which increased by 0.1% to 165 tons in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 72% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, clothing; parts, knitted or crocheted exports shrank slightly to $4.7M in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 191% against the previous year. As a result, the exports reached the peak of $5.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Portugal in 2022:

1. Spain (60.8 tons)
2. France (36.3 tons)
3. Tunisia (29.4 tons)
4. Hungary (17.6 tons)
5. Sweden (7.7 tons)
6. Italy (3.7 tons)
7. Germany (1.8 tons)
8. United Kingdom (0.9 tons)

Source: IndexBox Market Intelligence Platform