Price for Knitted or Crocheted Pile Fabrics in Portugal - 2023

Contents:

  1. Price for Knitted or Crocheted Pile Fabrics in Portugal (CIF) - 2022
  2. Price for Knitted or Crocheted Pile Fabrics in Portugal (FOB) - 2022
  3. Imports of Knitted or Crocheted Pile Fabrics in Portugal
  4. Exports of Knitted or Crocheted Pile Fabrics in Portugal

Price for Knitted or Crocheted Pile Fabrics in Portugal (CIF) - 2022

The average import price for knitted or crocheted pile fabricses stood at $6,944 per ton in 2022, falling by -12.8% against the previous year. Over the period under review, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27%. Over the period under review, average import prices hit record highs at $11,976 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 ($13,761 per ton), while the price for China ($4,193 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knitted or Crocheted Pile Fabrics in Portugal (FOB) - 2022

In 2022, the average export price for knitted or crocheted pile fabricses amounted to $9,523 per ton, waning by -20% against the previous year. Overall, the export price, however, showed a slight expansion. The growth pace was the most rapid in 2018 an increase of 39%. The export price peaked at $11,909 per ton in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($14,951 per ton), while the average price for exports to Algeria ($2,928 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 Spain (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knitted or Crocheted Pile Fabrics in Portugal

Knitted or crocheted pile fabrics imports into Portugal surged to 4.1K tons in 2022, increasing by 61% compared with 2021 figures. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, knitted or crocheted pile fabrics imports skyrocketed to $28M in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 83% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Knitted or Crocheted Pile Fabrics in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.93.46.211.030.9%
Spain3.72.64.96.923.1%
Italy4.03.15.85.611.9%
France0.40.41.21.035.7%
Poland0.20.40.40.858.7%
Others1.41.21.93.231.7%
Total14.711.120.328.424.5%

Top Suppliers of Knitted or Crocheted Pile Fabrics to Portugal in 2022:

  1. China (2635.0 tons)
  2. Spain (543.8 tons)
  3. Italy (404.0 tons)
  4. France (149.7 tons)
  5. Poland (90.0 tons)

Exports of Knitted or Crocheted Pile Fabrics in Portugal

After two years of decline, overseas shipments of knitted or crocheted pile fabricses increased by 41% to 1.8K tons in 2022. Overall, exports, however, showed a relatively flat trend pattern.

In value terms, knitted or crocheted pile fabrics exports reached $17M in 2022. Over the period under review, exports, however, recorded a drastic downturn.

Export of Knitted or Crocheted Pile Fabrics in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.63.63.75.2-2.4%
Spain3.42.32.62.9-5.2%
Germany4.33.12.82.7-14.4%
Slovakia1.91.61.31.2-14.2%
Italy0.70.71.01.116.3%
Netherlands0.70.60.91.012.6%
Belgium0.70.40.60.84.6%
Austria0.20.40.50.426.0%
Poland0.30.20.20.30.0%
AlgeriaN/AN/AN/A0.10%
Others1.81.31.21.0-17.8%
Total19.614.214.816.7-5.2%

Top Export Markets for Knitted or Crocheted Pile Fabrics from Portugal in 2022:

  1. France (541.6 tons)
  2. Spain (368.0 tons)
  3. Germany (289.9 tons)
  4. Slovakia (121.5 tons)
  5. Belgium (79.3 tons)
  6. Italy (76.6 tons)
  7. Netherlands (71.8 tons)
  8. Austria (43.8 tons)
  9. Poland (41.9 tons)
  10. Algeria (32.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; pile fabrics, including "long pile" fabrics and terry fabrics, knitted or crocheted - Portugal