Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal (CIF) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal (FOB) - 2023
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal (CIF) - 2023
In October 2023, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $9,954 per ton, with an increase of 5.8% against the previous month. Overall, import price indicated a slight expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for wadding; other articles thereof, of man-made fibreses increased by +47.0% against July 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 62% m-o-m. As a result, import price attained the peak level of $10,892 per ton. From April 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($20,665 per ton), while the price for China ($5,107 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal (FOB) - 2023
The average export price for wadding; other articles thereof, of man-made fibreses stood at $6,435 per ton in October 2023, with a decrease of -1.8% against the previous month. Over the period under review, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 67% m-o-m. The export price peaked at $9,335 per ton in March 2023; however, from April 2023 to October 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In October 2023, the country with the highest price was Serbia ($8,043 per ton), while the average price for exports to Spain ($6,296 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal
In 2022, approx. 841 tons of wadding; other articles thereof, of man-made fibreses were imported into Portugal; falling by -6.5% on 2021. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 49%. As a result, imports reached the peak of 900 tons, and then contracted in the following year.
In value terms, imports of wadding; other articles thereof, of man-made fibreses contracted significantly to $5.1M in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 18%.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,236 | 1,257 | 2,646 | 2,262 | 22.3% |
| Poland | 4,397 | 1,301 | 632 | 799 | -43.4% |
| Italy | 802 | 474 | 541 | 686 | -5.1% |
| Lithuania | 906 | 482 | 321 | 286 | -31.9% |
| Germany | 472 | 439 | 490 | 249 | -19.2% |
| Serbia | 104 | 245 | 285 | 207 | 25.8% |
| China | 63.1 | 66.8 | 69.9 | 187 | 43.6% |
| South Korea | 297 | 476 | 732 | N/A | 57.0% |
| Others | 373 | 453 | 419 | 425 | 4.4% |
| Total | 8,651 | 5,195 | 6,137 | 5,101 | -16.1% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Portugal in 2022:
- Spain (507.8 tons)
- Italy (130.4 tons)
- Poland (63.5 tons)
- Germany (32.7 tons)
- Serbia (30.9 tons)
- Lithuania (21.4 tons)
- China (19.8 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal
In 2022, after two years of decline, there was significant growth in overseas shipments of wadding; other articles thereof, of man-made fibreses, when their volume increased by 28% to 484 tons. In general, exports, however, continue to indicate a abrupt setback.
In value terms, exports of wadding; other articles thereof, of man-made fibreses skyrocketed to $2.4M in 2022. Over the period under review, exports, however, faced a deep setback.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3,214 | 1,868 | 1,757 | 1,768 | -18.1% |
| France | 318 | 167 | 13.5 | 484 | 15.0% |
| Cabo Verde | 19.0 | 74.2 | 45.4 | 49.9 | 38.0% |
| India | 98.5 | 35.6 | 69.3 | 23.7 | -37.8% |
| Belgium | 179 | 121 | N/A | 5.8 | -68.1% |
| Others | 58.2 | 142 | 175 | 74.1 | 8.4% |
| Total | 3,886 | 2,408 | 2,060 | 2,406 | -14.8% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Portugal in 2022:
- Spain (385.7 tons)
- France (72.8 tons)
- Cabo Verde (7.5 tons)
- India (6.2 tons)
- Belgium (1.1 tons)
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