Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Portugal - 2023

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Portugal (FOB) - 2023
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Portugal (CIF) - 2022
3. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Portugal
4. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Portugal

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Portugal (FOB) - 2023

The average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $9,295 per ton in October 2023, increasing by 4.5% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 13% m-o-m. As a result, the export price attained the peak level of $10,220 per ton. From February 2023 to October 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($11,200 per ton), while the average price for exports to Brazil ($6,949 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Portugal (CIF) - 2022

The average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $4,281 per ton in 2022, falling by -11.7% against the previous year. Overall, the import price showed a noticeable downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 12% against the previous year. The import price peaked at $6,750 per ton in 2012; however, from 2013 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 Germany ($10,672 per ton), while the price for Romania ($3,689 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Portugal

In 2022, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses from Portugal stood at 5K tons, growing by 2.1% on 2021. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses skyrocketed to $47M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides from Portugal in 2022:

1. Romania (1313.5 tons)
2. Czech Republic (1023.8 tons)
3. Slovakia (949.3 tons)
4. France (822.4 tons)
5. Germany (752.9 tons)
6. Hungary (107.0 tons)

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Portugal

In 2022, approx. 110 tons of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses were imported into Portugal; dropping by -9.6% on the previous year's figure. Over the period under review, imports faced a precipitous curtailment.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses declined significantly to $471K in 2022. In general, imports showed a precipitous slump. The smallest decline of -15.3% was in 2020.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides to Portugal in 2022:

1. Italy (56.7 tons)
2. Romania (43.8 tons)
3. Spain (5.0 tons)
4. Germany (2.9 tons)

Source: IndexBox Market Intelligence Platform