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Portugal - Horsehair - Market Analysis, Forecast, Size, Trends and Insights
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Portugal: Horsehair Market Overview 2021

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Horsehair Market Size in Portugal

For the eleventh year in a row, the Portuguese horsehair market recorded decline in sales value, which decreased by -X% to $X in 2018. Overall, consumption recorded a abrupt contraction. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2009 to 2018, the growth of the market remained at a lower figure.

Horsehair Production in Portugal

In value terms, horsehair production skyrocketed to $X in 2019 estimated in export prices. Overall, production, however, recorded a noticeable decrease. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2019, production failed to regain the momentum.

In 2019, the average horsehair yield in Portugal stood at X kg per head, approximately mirroring 2018 figures. In general, the yield recorded a relatively flat trend pattern.

In 2019, the number of animals slaughtered for horsehair production in Portugal was estimated at X head, flattening at the previous year's figure. Over the period under review, the number of producing animals saw a relatively flat trend pattern.

Horsehair Exports

Exports from Portugal

In 2019, overseas shipments of horsehair increased by X% to X tonnes, rising for the second year in a row after two years of decline. In general, exports saw a moderate increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, horsehair exports surged to $X in 2019. Over the period under review, exports recorded temperate growth. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

The U.S. (X tonnes) was the main destination for horsehair exports from Portugal, accounting for a X% share of total exports. Moreover, horsehair exports to the U.S. exceeded the volume sent to the second major destination, Bolivia (X tonnes), twofold.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+X% per year) and Australia (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for horsehair exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by Bolivia ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+X% per year) and Australia (+X% per year).

Export Prices by Country

The average horsehair export price stood at $X per tonne in 2019, surging by X% against the previous year. Over the period under review, the export price showed a slight increase. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Bolivia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced mixed trend patterns.

Horsehair Imports

Imports into Portugal

In 2019, after two years of growth, there was significant decline in supplies from abroad of horsehair, when their volume decreased by -X% to X tonnes. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2012 to 2019, the growth imports remained at a lower figure.

In value terms, horsehair imports dropped to $X in 2019. Over the period under review, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the UK (X tonnes) constituted the largest horsehair supplier to Portugal, with a X% share of total imports. Moreover, horsehair imports from the UK exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), threefold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the UK stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Italy (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of horsehair to Portugal, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from the UK stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2019, the average horsehair import price amounted to $X per tonne, picking up by X% against the previous year. In general, import price indicated measured growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, horsehair import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Czech Republic ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for horsehair in the world?
+
The country with the largest volume of horsehair consumption was China (23K tonnes), accounting for 70% of total volume. Moreover, horsehair consumption in China exceeded the figures recorded by the second-largest consumer, Belgium (1.4K tonnes), more than tenfold. Iran (1.2K tonnes) ranked third in terms of total consumption with a 3.6% share.
What are the largest producers of horsehair in the world?
+
The countries with the highest volumes of horsehair production in 2019 were Belgium (2K tonnes), Iran (1.3K tonnes) and Afghanistan (1.2K tonnes), with a combined 44% share of global production. These countries were followed by Kazakhstan, Lesotho, the U.S., Peru, Kyrgyzstan, New Zealand, Uruguay, Mali, Uzbekistan and Turkmenistan, which together accounted for a further 45%.
What are the leading suppliers of horsehair to Portugal?
+
In value terms, the UK ($601K) constituted the largest supplier of horsehair to Portugal, comprising 61% of total imports. The second position in the ranking was occupied by Italy ($172K), with a 18% share of total imports. It was followed by Germany, with a 8.6% share.
What are the leading importers of horsehair from Portugal?
+
In value terms, the U.S. ($2.9M) remains the key foreign market for horsehair exports from Portugal, comprising 69% of total exports. The second position in the ranking was occupied by Bolivia ($706K), with a 17% share of total exports.
What is the average export price for horsehair in Portugal?
+
In 2019, the average horsehair export price amounted to $79,705 per tonne, increasing by 2.1% against the previous year.
What is the average import price for horsehair in Portugal?
+
The average horsehair import price stood at $43,314 per tonne in 2019, growing by 15% against the previous year.

Product coverage:
• FCL 1030 - Fine goat hair
• FCL 1031 - Coarse goat hair
• FCL 1100 - Hair of horses
• FCL 1218 - Hair, fine
• FCL 1219 - Hair, coarse nes

This report provides an in-depth analysis of the horsehair market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Portugal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Portugal
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Producing Animals Slaughtered, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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