Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama - 2023
Contents:
- Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama (CIF) - 2022
- Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama (FOB) - 2022
- Imports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama
- Exports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama
Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama (CIF) - 2022
The average import price for table linen; of man-made fibres, not knitted or crocheteds stood at $6,395 per ton in 2022, picking up by 22% against the previous year. Overall, the import price, however, saw a noticeable decrease. The growth pace was the most rapid in 2016 an increase of 42%. The import price peaked at $9,312 per ton in 2012; however, from 2013 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 ($11,928 per ton), while the price for Costa Rica ($1,896 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+84.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama (FOB) - 2022
The average export price for table linen; of man-made fibres, not knitted or crocheteds stood at $6,790 per ton in 2022, surging by 26% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for table linen; of man-made fibres, not knitted or crocheteds decreased by -8.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 59%. As a result, the export price reached the peak level of $7,419 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Aruba ($9,718 per ton), while the average price for exports to Jamaica ($1,330 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 Ecuador (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama
In 2022, approx. 59 tons of table linen; of man-made fibres, not knitted or crocheteds were imported into Panama; waning by -24.7% compared with 2021 figures. In general, imports faced a abrupt downturn. The smallest decline of -4.8% was in 2021.
In value terms, imports of table linen; of man-made fibres, not knitted or crocheteds reduced to $375K in 2022. Overall, imports showed a precipitous contraction.
| Import of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 516 | 463 | 163 | 150 | -33.8% |
| Spain | 4.6 | 1.3 | 20.2 | 76.4 | 155.1% |
| Free Zones | 109 | 92.3 | 182 | 73.0 | -12.5% |
| United States | 63.2 | 10.4 | 37.2 | 59.1 | -2.2% |
| Costa Rica | 0.5 | N/A | 1.2 | 5.3 | 119.7% |
| Hong Kong SAR | 30.3 | N/A | N/A | 0.3 | -78.5% |
| Others | 27.0 | 13.6 | 3.9 | 10.2 | -27.7% |
| Total | 750 | 581 | 406 | 375 | -20.6% |
Top Suppliers of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted to Panama in 2022:
- China (30.2 tons)
- Spain (10.4 tons)
- Free Zones (9.7 tons)
- United States (5.0 tons)
- Costa Rica (2.8 tons)
Exports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama
For the fourth year in a row, Panama recorded growth in overseas shipments of table linen; of man-made fibres, not knitted or crocheteds, which increased by 25% to 16 tons in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of table linen; of man-made fibres, not knitted or crocheteds skyrocketed to $112K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 63.1 | 0% |
| Costa Rica | 13.0 | 8.4 | 30.7 | 10.1 | -8.1% |
| Suriname | N/A | N/A | 2.8 | 8.5 | 203.6% |
| Aruba | 15.5 | 19.6 | 2.6 | 8.2 | -19.1% |
| Chile | 4.1 | 8.9 | 18.0 | 5.7 | 11.6% |
| Paraguay | 4.8 | 1.7 | 1.4 | 2.7 | -17.5% |
| Guyana | N/A | N/A | N/A | 2.6 | 0% |
| Jamaica | 1.1 | 2.1 | 2.7 | 2.3 | 27.9% |
| Barbados | N/A | N/A | 1.7 | 2.1 | 23.5% |
| Guatemala | 20.5 | 20.0 | 5.6 | N/A | -47.7% |
| Others | 3.4 | 5.0 | 5.8 | 6.3 | 22.8% |
| Total | 62.3 | 65.6 | 71.3 | 112 | 21.6% |
Top Export Markets for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted from Panama in 2022:
- Norway (6.5 tons)
- Costa Rica (3.1 tons)
- Jamaica (1.7 tons)
- Guyana (1.3 tons)
- Suriname (1.1 tons)
- Aruba (0.8 tons)
- Barbados (0.7 tons)
- Chile (0.6 tons)
- Paraguay (0.3 tons)
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