Portugal - Horsehair - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHorsehair Price in Portugal - 2023
Contents:
- Horsehair Price in Portugal (FOB) - 2023
- Horsehair Price in Portugal (CIF) - 2023
- Horsehair Exports in Portugal
- Horsehair Imports in Portugal
Horsehair Price in Portugal (FOB) - 2023
In July 2023, the average horsehair export price amounted to $184K per ton, picking up by 27% against the previous month. In general, export price indicated a perceptible expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, horsehair export price increased by +75.4% against May 2023 indices. The pace of growth was the most pronounced in December 2022 when the average export price increased by 99% m-o-m. Over the period under review, the average export prices reached the peak figure in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($185K per ton), while the average price for exports to Italy totaled $52,162 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Horsehair Price in Portugal (CIF) - 2023
The average horsehair import price stood at $55,784 per ton in July 2023, rising by 40% against the previous month. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in December 2022 an increase of 209% against the previous month. The import price peaked at $201K per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($101K per ton), while the price for Italy ($8,720 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Horsehair Exports in Portugal
In 2022, approx. 45 tons of horsehair were exported from Portugal; falling by -20.4% on 2021 figures. Over the period under review, exports continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 56 tons, and then reduced notably in the following year.
In value terms, horsehair exports rose markedly to $6.1M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Horsehair in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,644 | 2,535 | 3,025 | 3,501 | 9.8% |
| China | 2.6 | 460 | 885 | 1,428 | 718.9% |
| Italy | N/A | N/A | 395 | 460 | 16.5% |
| Bolivia | 647 | 227 | 370 | 358 | -17.9% |
| Australia | 526 | 941 | 593 | 282 | -18.8% |
| Colombia | N/A | N/A | 112 | 77.3 | -31.0% |
| Others | 6.7 | 2.6 | 37.5 | 1.9 | -34.3% |
| Total | 3,827 | 4,165 | 5,418 | 6,109 | 16.9% |
Top Export Markets for Horsehair from Portugal in 2022:
- United States (23.0 tons)
- China (6.9 tons)
- Italy (5.8 tons)
- Bolivia (5.3 tons)
- Australia (3.0 tons)
- Colombia (0.8 tons)
Horsehair Imports in Portugal
Horsehair imports into Portugal shrank significantly to 11 tons in 2022, dropping by -26% against 2021. Overall, imports recorded a sharp curtailment. The growth pace was the most rapid in 2021 when imports increased by 14%.
In value terms, horsehair imports dropped to $625K in 2022. Over the period under review, imports showed a abrupt descent. The smallest decline of -7.1% was in 2021.
| Import of Horsehair in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 184 | 509 | 318 | 31.5% |
| Belgium | 34.5 | 36.0 | N/A | 165 | 68.5% |
| Austria | N/A | N/A | N/A | 49.2 | 0% |
| United Kingdom | 601 | 441 | 186 | 44.9 | -57.9% |
| Italy | 172 | 19.7 | 6.4 | 18.5 | -52.4% |
| Germany | 84.1 | 52.7 | 1.4 | 9.4 | -51.8% |
| Turkey | N/A | N/A | N/A | 8.6 | 0% |
| Spain | 58.4 | N/A | N/A | N/A | 0% |
| Others | 27.9 | 22.4 | N/A | 10.9 | -26.9% |
| Total | 978 | 756 | 703 | 625 | -13.9% |
Top Suppliers of Horsehair to Portugal in 2022:
- China (4.8 tons)
- Belgium (2.4 tons)
- United Kingdom (1.3 tons)
- Italy (0.8 tons)
- Austria (0.6 tons)
- Germany (0.4 tons)
- Turkey (0.3 tons)
This report provides an in-depth analysis of the horsehair market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1030 - Fine goat hair
- FCL 1031 - Coarse goat hair
- FCL 1100 - Hair of horses
- FCL 1218 - Hair, fine
- FCL 1219 - Hair, coarse nes
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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