Portugal: Man-Made Filament Yarn Market 2024

Man-Made Filament Yarn Market Size in Portugal

The Portuguese man-made filament yarn market contracted significantly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a abrupt descent. Man-made filament yarn consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Man-Made Filament Yarn Production in Portugal

In value terms, man-made filament yarn production contracted significantly to $X in 2022 estimated in export price. Overall, production saw a dramatic curtailment. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Man-made filament yarn production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Man-Made Filament Yarn Exports

Exports from Portugal

Man-made filament yarn exports from Portugal declined sharply to X tons in 2022, dropping by X% compared with the previous year. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, man-made filament yarn exports reduced sharply to $X in 2022. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons), Italy (X tons) and France (X tons) were the main destinations of man-made filament yarn exports from Portugal, with a combined X% share of total exports.

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

In value terms, the largest markets for man-made filament yarn exported from Portugal were Spain ($X), Italy ($X) and France ($X), together comprising X% of total exports.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 man-made filament yarn export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. 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.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to India ($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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Man-Made Filament Yarn Imports

Imports into Portugal

In 2022, man-made filament yarn imports into Portugal shrank to X tons, which is down by X% on 2021 figures. Overall, imports showed a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, man-made filament yarn imports rose notably to $X in 2022. In general, imports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of man-made filament yarn to Portugal, with a X% share of total imports. Moreover, man-made filament yarn imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

In value terms, China ($X), Italy ($X) and Turkey ($X) appeared to be the largest man-made filament yarn suppliers to Portugal, together comprising X% of total imports. Germany, Sweden, Spain, Colombia, France, India, the Netherlands and the UK lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Colombia, with a CAGR of X%, saw the highest growth rate of 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 man-made filament yarn import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, showed a mild shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :