Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal (CIF) - 2023
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal (FOB) - 2023
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal (CIF) - 2023
In December 2023, the average import price for yarn of combed wool, not put up for retail sale amounted to $19,017 per ton, surging by 4.7% against the previous month. Over the period under review, the import price, however, saw a slight reduction. The growth pace was the most rapid in July 2023 an increase of 50% month-to-month. Over the period under review, average import prices reached the maximum at $27,085 per ton in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($31,078 per ton), while the price for Spain ($4,546 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal (FOB) - 2023
In December 2023, the average export price for yarn of combed wool, not put up for retail sale amounted to $22,052 per ton, stabilizing at the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 16% against the previous month. As a result, the export price attained the peak level of $23,846 per ton. From May 2023 to December 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In December 2023, the country with the highest price was Italy ($31,419 per ton), while the average price for exports to Romania stood at $21,521 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.2%), while the prices for the other major destinations experienced a decline.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal
In 2022, imports of yarn of combed wool, not put up for retail sale into Portugal soared to 1.4K tons, with an increase of 47% against the previous year's figure. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of yarn of combed wool, not put up for retail sale soared to $29M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 105%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.8 | 6.6 | 18.8 | 22.9 | 58.1% |
| Germany | 3.9 | 2.5 | 1.9 | 1.5 | -27.3% |
| Spain | 0.4 | 0.3 | 0.6 | 1.3 | 48.1% |
| Austria | 0.4 | 0.3 | 1.1 | 1.0 | 35.7% |
| India | 1.7 | 0.2 | 0.2 | 0.6 | -29.3% |
| Czech Republic | 0.7 | 0.7 | 0.2 | N/A | -46.5% |
| Others | 1.4 | 0.9 | 1.0 | 1.9 | 10.7% |
| Total | 14.3 | 11.6 | 23.8 | 29.2 | 26.9% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Portugal in 2022:
- Italy (889.5 tons)
- Spain (280.1 tons)
- Germany (58.9 tons)
- Austria (57.6 tons)
- India (35.3 tons)
- Czech Republic (0.3 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal
In 2022, approx. 585 tons of yarn of combed wool, not put up for retail sale were exported from Portugal; picking up by 60% compared with 2021. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of yarn of combed wool, not put up for retail sale surged to $11M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 7.1 | 6.5 | 5.6 | 9.6 | 10.6% |
| Italy | N/A | 0.1 | 0.3 | 0.8 | 182.8% |
| Turkey | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Thailand | N/A | 0.1 | N/A | N/A | 0% |
| Australia | N/A | 0.2 | N/A | N/A | 0% |
| Others | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 7.2 | 7.2 | 6.4 | 10.8 | 14.5% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Portugal in 2022:
- Romania (524.6 tons)
- Italy (35.6 tons)
- Turkey (9.2 tons)
- Thailand (6.1 tons)
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