Portugal: Market for High-Tenacity Filament Yarn Of Polyesters 2024

Market Size for High-Tenacity Filament Yarn Of Polyesters in Portugal

In 2022, the Portuguese high-tenacity filament polyester yarn market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded a slight reduction. High-tenacity filament polyester yarn consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Exports of High-Tenacity Filament Yarn Of Polyesters

Exports from Portugal

In 2022, the amount of high-tenacity filament yarn of polyesters exported from Portugal fell dramatically to X tons, reducing by X% on the previous year. Over the period under review, exports recorded a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, high-tenacity filament polyester yarn exports contracted significantly to $X in 2022. In general, exports faced a significant curtailment. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Algeria (X tons), the Netherlands (X tons) and Italy (X tons) were the main destinations of high-tenacity filament polyester yarn exports from Portugal, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for high-tenacity filament polyester yarn exported from Portugal were the Netherlands ($X), Algeria ($X) and Germany ($X), with a combined X% share of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average high-tenacity filament polyester yarn export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($X 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 the Czech Republic (X%), while the prices for the other major destinations experienced a decline.

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Imports of High-Tenacity Filament Yarn Of Polyesters

Imports into Portugal

In 2022, approx. X tons of high-tenacity filament yarn of polyesters were imported into Portugal; flattening at 2021. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, high-tenacity filament polyester yarn imports totaled $X in 2022. In general, imports recorded a slight contraction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), China (X tons) and Spain (X tons) were the main suppliers of high-tenacity filament polyester yarn imports to Portugal, with a combined X% share of total imports. Germany, South Korea, Vietnam, the Netherlands and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest high-tenacity filament polyester yarn suppliers to Portugal were France ($X), China ($X) and Spain ($X), with a combined X% share of total imports. Germany, South Korea, Vietnam, the Netherlands and the United States lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average high-tenacity filament polyester yarn import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, recorded a pronounced slump. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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