Portugal: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Portugal

In 2022, the Portuguese textile industry finishing agents market decreased by X% to $X, falling for the second consecutive year after five years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Textile industry finishing agents consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Finishing Agents Used In The Textile Industry in Portugal

In value terms, textile industry finishing agents production expanded rapidly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Finishing Agents Used In The Textile Industry

Exports from Portugal

In 2022, shipments abroad of finishing agents used in the textile industry decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then fell modestly in the following year.

In value terms, textile industry finishing agents exports skyrocketed to $X in 2022. Overall, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Guatemala (X tons), Spain (X tons) and Morocco (X tons) were the main destinations of textile industry finishing agents exports from Portugal, together comprising X% of total exports. Peru, Bangladesh, Sweden, El Salvador, the Netherlands, Honduras and Angola lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X), Peru ($X) and Spain ($X) were the largest markets for textile industry finishing agents exported from Portugal worldwide, together accounting for X% of total exports. Morocco, Bangladesh, El Salvador, Honduras, Sweden, the Netherlands and Angola lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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 textile industry finishing agents export price amounted to $X per ton, rising by X% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

Imports of Finishing Agents Used In The Textile Industry

Imports into Portugal

In 2022, supplies from abroad of finishing agents used in the textile industry decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, textile industry finishing agents imports dropped to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

The Netherlands (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of textile industry finishing agents imports to Portugal, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest textile industry finishing agents suppliers to Portugal were Spain ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to 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 textile industry finishing agents import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price showed a noticeable contraction. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices hit record highs 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 Belgium ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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