Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal - 2023
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal (FOB) - 2023
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal (CIF) - 2022
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal (FOB) - 2023
In December 2023, the average export price for yarn of carded wool, not put up for retail sale amounted to $7,320 per ton, picking up by 25% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was France ($13,531 per ton), while the average price for exports to the UK ($4,654 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal (CIF) - 2022
In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $14,605 per ton, picking up by 3.6% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for yarn of carded wool, not put up for retail sale increased by +67.9% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 26%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 Italy ($17,811 per ton), while the price for Poland ($8,257 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal
In 2022, approx. 2.5K tons of yarn of carded wool, not put up for retail sale were exported from Portugal; waning by -3.7% compared with 2021 figures. Over the period under review, total exports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.2% 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 +58.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 65% against the previous year. As a result, the exports reached the peak of 2.6K tons, and then contracted slightly in the following year.
In value terms, exports of yarn of carded wool, not put up for retail sale shrank to $14M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 85% against the previous year. As a result, the exports reached the peak of $15M, and then declined in the following year.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.1 | 4.4 | 6.1 | 6.0 | -0.5% |
| United States | 2.6 | 2.1 | 3.8 | 3.1 | 6.0% |
| Belgium | 1.5 | 0.9 | 2.8 | 2.6 | 20.1% |
| Australia | N/A | 0.2 | 1.3 | 1.2 | 144.9% |
| Morocco | 0.1 | 0.1 | 0.4 | 0.5 | 71.0% |
| Spain | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Poland | 0.7 | 0.2 | 0.4 | 0.1 | -47.7% |
| Others | 0.3 | 0.2 | 0.3 | 0.6 | 26.0% |
| Total | 11.5 | 8.3 | 15.3 | 14.4 | 7.8% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Portugal in 2022:
- United Kingdom (1228.5 tons)
- Belgium (500.1 tons)
- United States (387.8 tons)
- Australia (173.0 tons)
- Morocco (67.4 tons)
- Spain (43.3 tons)
- Poland (15.3 tons)
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal
In 2022, after two years of decline, there was growth in purchases abroad of yarn of carded wool, not put up for retail sale, when their volume increased by 1% to 816 tons. In general, imports, however, recorded a dramatic downturn.
In value terms, imports of yarn of carded wool, not put up for retail sale totaled $12M in 2022. Over the period under review, imports, however, faced a abrupt decline.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.6 | 6.7 | 8.4 | 8.9 | 10.5% |
| Poland | N/A | N/A | 1.8 | 1.9 | 5.6% |
| United Kingdom | 11.2 | 4.8 | 0.3 | 0.4 | -67.1% |
| France | 0.4 | 0.1 | 0.1 | 0.2 | -20.6% |
| Spain | 0.1 | 0.1 | 0.5 | 0.2 | 26.0% |
| Others | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Total | 18.4 | 12.0 | 11.4 | 11.9 | -13.5% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Portugal in 2022:
- Italy (499.6 tons)
- Poland (229.6 tons)
- United Kingdom (34.2 tons)
- Spain (22.3 tons)
- France (14.3 tons)
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This report provides an in-depth analysis of the woolen yarn market in Portugal.
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This report provides an in-depth analysis of the woolen yarn market in Portugal.
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This report provides an in-depth analysis of the global woolen yarn market.
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