Price for Textiles; Worn Clothing and Other Worn Articles in Spain - 2023
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Spain (FOB) - 2023
- Price for Textiles; Worn Clothing and Other Worn Articles in Spain (CIF) - 2022
- Exports of Textiles; Worn Clothing and Other Worn Articles in Spain
- Imports of Textiles; Worn Clothing and Other Worn Articles in Spain
Price for Textiles; Worn Clothing and Other Worn Articles in Spain (FOB) - 2023
In December 2023, the average export price for textiles; worn clothing and other worn articleses amounted to $700 per ton, picking up by 1.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 12% month-to-month. As a result, the export price attained the peak level of $731 per ton. From September 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Togo ($1,134 per ton), while the average price for exports to India ($76.0 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 Pakistan (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Spain (CIF) - 2022
The average import price for textiles; worn clothing and other worn articleses stood at $949 per ton in 2022, jumping by 19% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,137 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 ($5,039 per ton), while the price for Portugal ($347 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 (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textiles; Worn Clothing and Other Worn Articles in Spain
After three years of growth, overseas shipments of textiles; worn clothing and other worn articleses decreased by -11.1% to 109K tons in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.2% 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 +60.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year.
In value terms, exports of textiles; worn clothing and other worn articleses reduced modestly to $66M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. As a result, the exports reached the peak of $67M, and then fell modestly in the following year.
| Export of Textiles; Worn Clothing and Other Worn Articles in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.3 | 10.9 | 13.4 | 16.0 | 44.5% |
| Morocco | 1.6 | 3.2 | 13.4 | 6.6 | 60.4% |
| Pakistan | 0.9 | 1.2 | 3.0 | 3.3 | 54.2% |
| Niger | 1.7 | 1.7 | 3.1 | 3.3 | 24.7% |
| Cameroon | 1.8 | 1.3 | 2.2 | 3.0 | 18.6% |
| Nigeria | 0.2 | 0.3 | 0.8 | 2.2 | 122.4% |
| Ghana | 4.9 | 4.7 | 3.9 | 1.6 | -31.1% |
| Senegal | 1.0 | 1.3 | 1.8 | 1.6 | 17.0% |
| Togo | 2.1 | 1.6 | 2.1 | 1.5 | -10.6% |
| Mozambique | 1.3 | 1.0 | 1.0 | 1.1 | -5.4% |
| Turkey | 1.0 | 0.5 | 0.7 | 0.7 | -11.2% |
| Benin | 2.3 | 1.7 | 0.8 | 0.7 | -32.7% |
| India | 0.5 | 0.2 | 0.3 | 0.2 | -26.3% |
| Others | 16.5 | 21.6 | 20.9 | 24.0 | 13.3% |
| Total | 40.7 | 51.4 | 67.4 | 66.0 | 17.5% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Spain in 2022:
- United Arab Emirates (34.5K tons)
- Pakistan (16.6K tons)
- Morocco (12.4K tons)
- Nigeria (5.5K tons)
- Niger (4.0K tons)
- Cameroon (3.1K tons)
- Togo (2.8K tons)
- Ghana (2.4K tons)
- Senegal (2.0K tons)
- Turkey (1.7K tons)
- Mozambique (1.5K tons)
- India (1.4K tons)
- Benin (1.1K tons)
Imports of Textiles; Worn Clothing and Other Worn Articles in Spain
In 2022, approx. 12K tons of textiles; worn clothing and other worn articleses were imported into Spain; declining by -22.2% compared with the previous year. Overall, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 53%.
In value terms, imports of textiles; worn clothing and other worn articleses shrank to $11M in 2022. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year.
| Import of Textiles; Worn Clothing and Other Worn Articles in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5,685 | 1,106 | 2,059 | 3,111 | -18.2% |
| Netherlands | 3,786 | 720 | 506 | 1,616 | -24.7% |
| United States | 1,116 | 1,091 | 1,621 | 1,077 | -1.2% |
| Morocco | 1,955 | 284 | 1,333 | 763 | -26.9% |
| Andorra | N/A | 709 | 704 | 634 | -5.4% |
| France | 626 | 182 | 261 | 621 | -0.3% |
| Slovakia | N/A | N/A | 334 | 413 | 23.7% |
| Turkey | 215 | 0.5 | 113 | 409 | 23.9% |
| United Kingdom | 1,531 | 1,084 | 1,342 | 394 | -36.4% |
| Belgium | 1,211 | 511 | 349 | 299 | -37.3% |
| United Arab Emirates | 47.8 | 21.2 | 13.3 | 248 | 73.1% |
| Portugal | 243 | 160 | 127 | 135 | -17.8% |
| Romania | 51.9 | 100 | 143 | 114 | 30.0% |
| Others | 3,505 | 1,714 | 2,962 | 1,180 | -30.4% |
| Total | 19,971 | 7,684 | 11,865 | 11,014 | -18.0% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Spain in 2022:
- Germany (4556.1 tons)
- Morocco (1353.6 tons)
- Netherlands (1231.9 tons)
- France (562.4 tons)
- Andorra (500.2 tons)
- Belgium (478.3 tons)
- United Kingdom (390.9 tons)
- Portugal (387.8 tons)
- Turkey (253.0 tons)
- United Arab Emirates (248.3 tons)
- Slovakia (228.8 tons)
- United States (213.8 tons)
- Romania (198.3 tons)
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