Price for Braids; in the Piece in Portugal - 2023

Contents:

  1. Price for Braids; in the Piece in Portugal (CIF) - 2022
  2. Price for Braids; in the Piece in Portugal (FOB) - 2022
  3. Imports of Braids; in the Piece in Portugal
  4. Exports of Braids; in the Piece in Portugal

Price for Braids; in the Piece in Portugal (CIF) - 2022

The average braids; in the piece import price stood at $61,676 per ton in 2022, surging by 3.3% against the previous year. Over the period under review, the import price enjoyed notable growth. The most prominent rate of growth was recorded in 2021 an increase of 111% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 ($120,457 per ton), while the price for India ($23,885 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Braids; in the Piece in Portugal (FOB) - 2022

The average braids; in the piece export price stood at $21,940 per ton in 2022, falling by -15.5% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 2,235% against the previous year. As a result, the export price attained the peak level of $56,623 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($23,189 per ton), while the average price for exports to Denmark ($10,758 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 Mozambique (+190.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Braids; in the Piece in Portugal

In 2022, the amount of braids; in the pieces imported into Portugal skyrocketed to 18 tons, picking up by 21% against 2021 figures. In general, imports posted modest growth. The most prominent rate of growth was recorded in 2020 when imports increased by 135%. As a result, imports attained the peak of 41 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, braids; in the piece imports skyrocketed to $1.1M in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 39%. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Braids; in the Piece in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4315945214773.4%
HungaryN/A23.886.1187180.3%
China31.325.761.216875.1%
Italy58.620.724.310220.3%
Spain26.818.459.754.927.0%
Hong Kong SAR14.17.616.239.941.4%
France27193.830.337.1-48.5%
United Kingdom0.70.83.023.4222.1%
TurkeyN/A19016.92.8-87.9%
BelgiumN/A118N/A0.8-91.8%
Others9.178.989.840.063.8%
Total8431,1719091,13310.4%

Top Suppliers of Braids; in the Piece to Portugal in 2022:

  1. Belgium (undefined tons)
  2. Germany (6.7 tons)
  3. China (4.5 tons)
  4. Hungary (3.1 tons)
  5. Italy (0.8 tons)
  6. Spain (0.8 tons)
  7. United Kingdom (0.6 tons)
  8. France (0.5 tons)
  9. Hong Kong SAR (0.4 tons)
  10. Turkey (0.1 tons)

Exports of Braids; in the Piece in Portugal

In 2022, shipments abroad of braids; in the pieces increased by 213% to 5.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt contraction.

In value terms, braids; in the piece exports skyrocketed to $115K in 2022. In general, exports, however, recorded a sharp curtailment.

Export of Braids; in the Piece in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco26.90.812.099.254.5%
France16.320.112.36.0-28.3%
Switzerland0.6N/A2.13.376.5%
SloveniaN/A49.8N/A2.8-76.3%
Spain6.22.35.82.2-29.2%
Denmark161N/A0.90.8-82.9%
Germany18.7N/AN/A0.5-70.1%
Others4.46.910.30.4-55.0%
Total23479.943.4115-21.1%

Top Export Markets for Braids; in the Piece from Portugal in 2022:

  1. Morocco (4277.0 kg)
  2. France (437.0 kg)
  3. Switzerland (185.0 kg)
  4. Slovenia (171.0 kg)
  5. Denmark (73.0 kg)
  6. Germany (57.0 kg)
  7. Spain (29.0 kg)

Source: IndexBox Market Intelligence Platform

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