Price for Braids; in the Piece in Spain - 2023

Contents:

  1. Price for Braids; in the Piece in Spain (CIF) - 2023
  2. Price for Braids; in the Piece in Spain (FOB) - 2022
  3. Imports of Braids; in the Piece in Spain
  4. Exports of Braids; in the Piece in Spain

Price for Braids; in the Piece in Spain (CIF) - 2023

In June 2023, the average braids; in the piece import price amounted to $41,882 per ton, increasing by 43% against the previous month. In general, import price indicated a noticeable expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, braids; in the piece import price increased by +82.5% against January 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($55,503 per ton), while the price for Vietnam ($9,611 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average braids; in the piece export price stood at $34,015 per ton in 2022, falling by -6.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 34% against the previous year. Over the period under review, the average export prices attained the maximum at $40,784 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Germany ($138,790 per ton), while the average price for exports to Romania ($15,094 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 (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids; in the Piece in Spain

For the fourth year in a row, Spain recorded growth in supplies from abroad of braids; in the pieces, which increased by 25% to 171 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 35% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, braids; in the piece imports soared to $4.4M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Braids; in the Piece in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France7072,0811,3582,52352.8%
Italy789239432617-7.9%
Vietnam15521267358155.3%
Germany3553353393630.7%
China43.675.814610634.5%
Hungary7.234.129.3102142.0%
MoroccoN/A11.54.98.4-14.5%
Portugal2231631130.7-85.4%
Others202146164149-9.6%
Total2,4823,2973,2604,44921.5%

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

  1. Portugal (undefined tons)
  2. France (77.3 tons)
  3. Vietnam (42.2 tons)
  4. Germany (21.8 tons)
  5. Italy (13.3 tons)
  6. China (6.7 tons)
  7. Hungary (3.1 tons)
  8. Morocco (3.0 tons)

Exports of Braids; in the Piece in Spain

For the third consecutive year, Spain recorded decline in shipments abroad of braids; in the pieces, which decreased by -16.9% to 17 tons in 2022. Overall, exports continue to indicate a precipitous descent.

In value terms, braids; in the piece exports shrank rapidly to $573K in 2022. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 2.2% against the previous year. As a result, the exports reached the peak of $766K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Braids; in the Piece in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco333279280140-25.1%
Portugal338437370118-29.6%
France10.53.39.6115122.1%
Germany9.123.38.7106126.7%
Italy11.412.514.950.464.1%
Romania9.51.622.324.537.1%
Others37.49.334.119.5-19.5%
Total749766740573-8.5%

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

  1. Morocco (7.3 tons)
  2. France (4.6 tons)
  3. Romania (1.6 tons)
  4. Portugal (1.5 tons)
  5. Germany (0.8 tons)
  6. Italy (0.4 tons)

Source: IndexBox Market Intelligence Platform

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