Price for Embroidery; in the Piece, in Strips or in Motifs in Portugal - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Portugal (CIF) - 2023
- Price for Embroidery; in the Piece, in Strips or in Motifs in Portugal (FOB) - 2023
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Portugal
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Portugal
Price for Embroidery; in the Piece, in Strips or in Motifs in Portugal (CIF) - 2023
The average import price for embroidery; in the piece, in strips or in motifses stood at $52,786 per ton in September 2023, with an increase of 51% against the previous month. Overall, import price indicated a perceptible expansion from October 2022 to September 2023: its price increased at an average monthly rate of +4.0% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for embroidery; in the piece, in strips or in motifses increased by +63.8% against July 2023 indices. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 60% month-to-month. The import price peaked at $57,474 per ton in May 2023; however, from June 2023 to September 2023, 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 Germany ($75,752 per ton), while the price for Turkey ($37,147 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Embroidery; in the Piece, in Strips or in Motifs in Portugal (FOB) - 2023
In September 2023, the average export price for embroidery; in the piece, in strips or in motifses amounted to $54,046 per ton, growing by 65% against the previous month. In general, export price indicated a temperate increase from October 2022 to September 2023: its price increased at an average monthly rate of +2.8% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for embroidery; in the piece, in strips or in motifses increased by +65.3% against August 2023 indices. The growth pace was the most rapid in December 2022 when the average export price increased by 86% m-o-m. The export price peaked in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($48,136 per ton), while the average price for exports to Greece ($14,851 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Portugal
After two years of decline, supplies from abroad of embroidery; in the piece, in strips or in motifses increased by 40% to 92 tons in 2022. In general, imports, however, continue to indicate a abrupt decline.
In value terms, imports of embroidery; in the piece, in strips or in motifses surged to $4.3M in 2022. Over the period under review, imports, however, recorded a abrupt contraction.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,594 | 985 | 609 | 1,217 | -8.6% |
| Italy | 1,285 | 726 | 664 | 921 | -10.5% |
| Spain | 955 | 459 | 345 | 470 | -21.0% |
| France | 23.9 | 16.0 | 33.5 | 218 | 108.9% |
| Turkey | 227 | 111 | 227 | 182 | -7.1% |
| Germany | 111 | 46.9 | 43.3 | 177 | 16.8% |
| Greece | 46.1 | 17.4 | 49.8 | 173 | 55.4% |
| Others | 1,425 | 833 | 872 | 972 | -12.0% |
| Total | 5,667 | 3,194 | 2,844 | 4,331 | -8.6% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Portugal in 2022:
- China (36.3 tons)
- Spain (20.2 tons)
- Italy (11.5 tons)
- Turkey (7.0 tons)
- Germany (4.1 tons)
- Greece (3.0 tons)
- France (2.0 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Portugal
For the fourth year in a row, Portugal recorded growth in overseas shipments of embroidery; in the piece, in strips or in motifses, which increased by 39% to 46 tons in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 56% against the previous year. Over the period under review, the exports of embroidery; in piece, in strips or in motifses reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of embroidery; in the piece, in strips or in motifses contracted modestly to $1.7M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, the exports reached the peak of $1.7M, and then shrank slightly in the following year.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 314 | 256 | 382 | 637 | 26.6% |
| Germany | 22.7 | 82.0 | 529 | 205 | 108.2% |
| Spain | 77.3 | 36.2 | 255 | 190 | 35.0% |
| Denmark | 1.8 | 6.2 | 5.9 | 38.6 | 177.8% |
| Morocco | 7.7 | 1.1 | 6.2 | 13.1 | 19.4% |
| Angola | 114 | 8.8 | 6.3 | 2.9 | -70.6% |
| Others | 264 | 608 | 556 | 577 | 29.8% |
| Total | 802 | 998 | 1,741 | 1,664 | 27.5% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Portugal in 2022:
- France (24.6 tons)
- Spain (13.2 tons)
- Germany (2.4 tons)
- Denmark (0.8 tons)
- Morocco (0.8 tons)
- Angola (0.1 tons)
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