Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain - 2023
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain (CIF) - 2023
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain (FOB) - 2023
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain (CIF) - 2023
In December 2023, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $12.0 per square meter, which is down by -7.5% against the previous month. Over the period under review, the import price saw a slight slump. The growth pace was the most rapid in February 2023 an increase of 157% m-o-m. Over the period under review, average import prices hit record highs at $30.3 per square meter in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the countries with the highest prices were Italy ($12.1 per square meter) and Morocco ($12.0 per square meter), while the price for China ($8.6 per square meter) and Portugal ($9.6 per square meter) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Morocco (+6.8%), while the prices for the other major suppliers experienced a decline.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain (FOB) - 2023
The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $7.1 per square meter in December 2023, declining by -8.1% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 89% month-to-month. The export price peaked at $13.3 per square meter in May 2023; however, from June 2023 to December 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Morocco.
From December 2022 to December 2023, the rate of growth in terms of prices for Morocco amounted to +0.8% per month.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain
In 2022, the amount of woven fabrics of carded wool or of carded fine animal hair imported into Spain expanded notably to 4.7M square meters, growing by 5.7% against the year before. In general, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Imports peaked at 6.9M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair rose to $54M in 2022. Overall, imports, however, saw a slight slump. The growth pace was the most rapid in 2021 with an increase of 18%. Over the period under review, imports of reached the peak figure at $55M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 52.3 | 41.2 | 48.0 | 50.7 | -1.0% |
| Portugal | 0.7 | 0.2 | 1.6 | 0.5 | -10.6% |
| Others | 2.2 | 2.1 | 2.0 | 2.4 | 2.9% |
| Total | 55.2 | 43.5 | 51.5 | 53.5 | -1.0% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Spain in 2022:
- Italy (4.4M square meters)
- Portugal (0.1M square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain
Exports of woven fabrics of carded wool or of carded fine animal hair from Spain dropped to 6.4M square meters in 2022, reducing by -1.8% on the year before. The total export volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 24%. As a result, the exports reached the peak of 6.5M square meters, and then fell modestly in the following year.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair contracted modestly to $45M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports reached the peak of $48M, and then declined slightly in the following year.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 35.0 | 32.5 | 44.1 | 42.6 | 6.8% |
| Portugal | 8.4 | 4.7 | 2.2 | 1.2 | -47.7% |
| Others | 1.4 | 2.1 | 1.2 | 1.5 | 2.3% |
| Total | 44.8 | 39.2 | 47.5 | 45.4 | 0.4% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Spain in 2022:
- Morocco (6.2M square meters)
- Portugal (0.1M square meters)
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