Price for Cotton; Sewing Thread, Put Up for Retail Sale in Portugal - 2023

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Portugal (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Portugal (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Portugal
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Portugal

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Portugal (CIF) - 2022

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $32,151 per ton, growing by 162% against the previous year. Overall, the import price, however, recorded a pronounced downturn. Over the period under review, average import prices reached the maximum at $76,066 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($90,209 per ton), while the price for the Netherlands ($6,547 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Portugal (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $6,781 per ton in 2022, surging by 39% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 93% against the previous year. The export price peaked at $19,338 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cabo Verde ($19,777 per ton), while the average price for exports to Italy ($3,242 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 Germany (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Portugal

Imports of cotton; sewing thread, put up for retail sale into Portugal soared to 27 tons in 2022, rising by 65% compared with the previous year. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton; sewing thread, put up for retail sale soared to $864K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.62.75923041.1%
India35.420.913.967.023.7%
Hungary85.177.573.566.7-7.8%
Netherlands5.437.050.556.2118.3%
France16.923.425.819.44.7%
Italy6.01.112.518.645.8%
Spain39.734.417.516.6-25.2%
China5.63.51.35.5-0.6%
Others2.66.52.222.6105.6%
Total19720520086463.7%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Portugal in 2022:

  1. Netherlands (8.6 tons)
  2. Germany (6.6 tons)
  3. India (5.4 tons)
  4. Hungary (1.6 tons)
  5. Spain (1.2 tons)
  6. Italy (0.9 tons)
  7. China (0.8 tons)
  8. France (0.6 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Portugal

In 2022, after three years of growth, there was decline in overseas shipments of cotton; sewing thread, put up for retail sale, when their volume decreased by -3% to 55 tons. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 113%. As a result, the exports attained the peak of 56 tons, and then contracted slightly in the following year.

In value terms, exports of cotton; sewing thread, put up for retail sale surged to $370K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 +77.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany29.144.474.211357.2%
Spain67.711570.582.16.6%
SudanN/AN/AN/A63.60%
France32.725.42.937.64.8%
Italy8.22.359.618.531.2%
Cabo Verde51.611.9N/A17.3-30.5%
Angola7.311.715.18.44.8%
Others12.314.252.929.634.0%
Total20922527537021.0%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Portugal in 2022:

  1. Spain (18.4 tons)
  2. Sudan (15.4 tons)
  3. Germany (8.5 tons)
  4. Italy (5.7 tons)
  5. France (3.3 tons)
  6. Cabo Verde (0.9 tons)
  7. Angola (0.7 tons)

Source: IndexBox Market Intelligence Platform

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