Price for Cotton; Yarn Waste (Including Thread Waste) in Portugal - 2023
Contents:
- Price for Cotton; Yarn Waste (Including Thread Waste) in Portugal (FOB) - 2022
- Price for Cotton; Yarn Waste (Including Thread Waste) in Portugal (CIF) - 2022
- Exports of Cotton; Yarn Waste (Including Thread Waste) in Portugal
- Imports of Cotton; Yarn Waste (Including Thread Waste) in Portugal
Price for Cotton; Yarn Waste (Including Thread Waste) in Portugal (FOB) - 2022
The average export price for cotton; yarn waste (including thread waste) stood at $365 per ton in 2022, waning by -18.9% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cotton; yarn waste (including thread waste) decreased by -28.2% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 27%. The export price peaked at $508 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,693 per ton), while the average price for exports to Germany ($120 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 (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cotton; Yarn Waste (Including Thread Waste) in Portugal (CIF) - 2022
In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $1,023 per ton, dropping by -15% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 14% against the previous year. As a result, import price attained the peak level of $1,203 per ton, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,278 per ton), while the price for Thailand ($868 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+67.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cotton; Yarn Waste (Including Thread Waste) in Portugal
Exports of cotton; yarn waste (including thread waste) from Portugal shrank notably to 5.7K tons in 2022, declining by -28.5% compared with the year before. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 2.1%.
In value terms, exports of cotton; yarn waste (including thread waste) contracted markedly to $2.1M in 2022. Overall, exports continue to indicate a precipitous shrinkage. The smallest decline of -9.6% was in 2021.
Export of Cotton; Yarn Waste (Including Thread Waste) in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 3.9 | 3.9 | 3.4 | 1.9 | -21.3% |
Germany | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
Italy | 0.7 | 0.1 | 0.1 | N/A | -62.2% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 4.8 | 4.0 | 3.6 | 2.1 | -24.1% |
Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Portugal in 2022:
- Spain (5.2K tons)
- Germany (0.4K tons)
Imports of Cotton; Yarn Waste (Including Thread Waste) in Portugal
In 2022, purchases abroad of cotton; yarn waste (including thread waste) decreased by -88.6% to 154 tons, falling for the second year in a row after two years of growth. Overall, imports faced a sharp reduction. The growth pace was the most rapid in 2020 when imports increased by 77%. As a result, imports reached the peak of 1.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cotton; yarn waste (including thread waste) contracted dramatically to $158K in 2022. In general, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 when imports increased by 101% against the previous year. As a result, imports attained the peak of $1.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Cotton; Yarn Waste (Including Thread Waste) in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 11.4 | 42.1 | 95.2 | 67.6 | 81.0% |
Turkmenistan | N/A | 114 | 24.4 | 35.8 | -44.0% |
United States | 95.0 | 111 | N/A | 29.1 | -32.6% |
Thailand | N/A | N/A | N/A | 21.3 | 0% |
Spain | 518 | 933 | 1,281 | 2.3 | -83.6% |
Hong Kong SAR | N/A | 166 | 64.4 | N/A | -61.2% |
Dominican Republic | 39.1 | 68.3 | 1.8 | N/A | -78.5% |
Syrian Arab Republic | N/A | 217 | N/A | N/A | 0% |
United Kingdom | 178 | N/A | N/A | N/A | 0% |
Honduras | 33.0 | 31.6 | 19.4 | N/A | -23.3% |
Others | 35.1 | 144 | 145 | 1.5 | -65.0% |
Total | 910 | 1,827 | 1,632 | 158 | -44.2% |
Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Portugal in 2022:
- El Salvador (77.0 tons)
- United States (31.5 tons)
- Thailand (24.5 tons)
- Turkmenistan (18.9 tons)
- Spain (1.7 tons)
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