Price for Textiles; Worn Clothing and Other Worn Articles in Portugal - 2023

Contents:

1. Price for Textiles; Worn Clothing and Other Worn Articles in Portugal (FOB) - 2022
2. Price for Textiles; Worn Clothing and Other Worn Articles in Portugal (CIF) - 2022
3. Exports of Textiles; Worn Clothing and Other Worn Articles in Portugal
4. Imports of Textiles; Worn Clothing and Other Worn Articles in Portugal

Price for Textiles; Worn Clothing and Other Worn Articles in Portugal (FOB) - 2022

In 2022, the average export price for textiles; worn clothing and other worn articleses amounted to $572 per ton, picking up by 9% against the previous year. Overall, the export price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 14% against the previous year. The export price peaked at $790 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($1,514 per ton), while the average price for exports to India ($154 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 Guinea-Bissau (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Textiles; Worn Clothing and Other Worn Articles in Portugal (CIF) - 2022

The average import price for textiles; worn clothing and other worn articleses stood at $792 per ton in 2022, shrinking by -34.2% against the previous year. In general, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2014 an increase of 223%. The import price peaked at $3,320 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,534 per ton), while the price for France ($409 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.7%), while the prices for the other major suppliers experienced a decline.

Exports of Textiles; Worn Clothing and Other Worn Articles in Portugal

In 2022, approx. 27K tons of textiles; worn clothing and other worn articleses were exported from Portugal; with an increase of 1.5% compared with the previous year's figure. The total export volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 14%. 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 textiles; worn clothing and other worn articleses rose markedly to $15M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Portugal in 2022:

1. United Arab Emirates (7.7K tons)
2. Pakistan (6.4K tons)
3. Turkey (2.8K tons)
4. India (1.6K tons)
5. Congo (1.4K tons)
6. Lebanon (1.2K tons)
7. Cameroon (1.0K tons)
8. Spain (1.0K tons)
9. Niger (0.7K tons)
10. Sao Tome and Principe (0.6K tons)
11. Tunisia (0.5K tons)
12. Guinea-Bissau (0.5K tons)
13. Togo (0.3K tons)

Imports of Textiles; Worn Clothing and Other Worn Articles in Portugal

In 2022, approx. 9.4K tons of textiles; worn clothing and other worn articleses were imported into Portugal; surging by 152% against 2021. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 406%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of textiles; worn clothing and other worn articleses surged to $7.4M in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 180% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Portugal in 2022:

1. Spain (4.9K tons)
2. France (3.2K tons)
3. United States (0.5K tons)
4. Canada (0.3K tons)
5. United Kingdom (0.2K tons)

Source: IndexBox Market Intelligence Platform