Panama - Man-Made Filament Yarn - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMan-Made Filament Yarn Price in Panama - 2023
Contents:
- Man-Made Filament Yarn Price in Panama (CIF) - 2022
- Man-Made Filament Yarn Price in Panama (FOB) - 2022
- Man-Made Filament Yarn Imports in Panama
- Man-Made Filament Yarn Exports in Panama
Man-Made Filament Yarn Price in Panama (CIF) - 2022
In 2022, the average man-made filament yarn import price amounted to $8,195 per ton, declining by -5.6% against the previous year. Overall, the import price, however, recorded strong growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 65%. As a result, import price attained the peak level of $11,478 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 Mexico ($13,305 per ton), while the price for Free Zones ($6,434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Man-Made Filament Yarn Price in Panama (FOB) - 2022
The average man-made filament yarn export price stood at $15,702 per ton in 2022, declining by -2.3% against the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The growth pace was the most rapid in 2018 when the average export price increased by 67%. Over the period under review, the average export prices hit record highs at $16,842 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($38,964 per ton), while the average price for exports to the Dominican Republic ($2,117 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 Colombia (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.
Man-Made Filament Yarn Imports in Panama
In 2022, the amount of man-made filament yarn imported into Panama fell modestly to 63 tons, reducing by -4.6% against 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of 66 tons, and then shrank in the following year.
In value terms, man-made filament yarn imports contracted to $517K in 2022. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year.
| Import of Man-Made Filament Yarn in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 296 | 333 | 421 | 378 | 8.5% |
| Mexico | 13.0 | 20.0 | 61.6 | 51.5 | 58.2% |
| United States | 31.0 | 6.1 | 34.6 | 44.0 | 12.4% |
| Free Zones | 192 | 42.9 | 28.2 | 25.3 | -49.1% |
| Taiwan (Chinese) | 1.9 | 3.1 | 8.1 | 14.0 | 94.6% |
| South Korea | 16.6 | 0.4 | N/A | N/A | -97.6% |
| Others | 107 | 38.6 | 20.2 | 4.5 | -65.2% |
| Total | 658 | 444 | 574 | 517 | -7.7% |
Top Suppliers of Man-Made Filament Yarn to Panama in 2022:
- China (48.6 tons)
- United States (4.4 tons)
- Mexico (3.9 tons)
- Free Zones (3.9 tons)
- Taiwan (Chinese) (1.8 tons)
Man-Made Filament Yarn Exports in Panama
Man-made filament yarn exports from Panama rose remarkably to 4.9 tons in 2022, with an increase of 13% against the previous year. Over the period under review, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.4% 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 +55.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 37%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, man-made filament yarn exports rose markedly to $77K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% 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 +44.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Man-Made Filament Yarn in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 20.6 | 37.5 | 43.9 | 50.5 | 34.8% |
| Costa Rica | 4.1 | 3.2 | 3.7 | 13.5 | 48.8% |
| El Salvador | 2.8 | 5.2 | 6.1 | 7.3 | 37.6% |
| Honduras | 0.5 | 1.1 | 1.3 | 1.3 | 37.5% |
| Dominican Republic | 2.3 | 0.4 | 0.5 | 0.6 | -36.1% |
| Venezuela | 0.3 | 0.4 | 0.4 | 0.5 | 18.6% |
| Nicaragua | 0.8 | 0.3 | 0.3 | 0.4 | -20.6% |
| Belize | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Peru | 12.2 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 10.7 | N/A | 0% |
| Others | 12.4 | 5.2 | 2.5 | 3.0 | -37.7% |
| Total | 56.2 | 53.5 | 69.8 | 77.3 | 11.2% |
Top Export Markets for Man-Made Filament Yarn from Panama in 2022:
- Costa Rica (2003.0 kg)
- Colombia (1296.0 kg)
- El Salvador (563.0 kg)
- Dominican Republic (282.0 kg)
- Honduras (246.0 kg)
- Nicaragua (161.0 kg)
- Belize (94.0 kg)
- Venezuela (91.0 kg)
This report provides an in-depth analysis of the man-made filament yarn market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13108110 - Multiple or cabled synthetic filament yarn, n.p.r.s.
- Prodcom 13108130 - Multiple or cabled yarn of artificial filaments, n.p.r.s. (excluding sewing thread)
- Prodcom 13108150 - Man-made filament yarn, p.r.s. (excluding sewing thread)
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, man-made filament yarn imports amounted to $X in 2016. Overall, it indicated a modest increase from 2007 to 2016: the total imports value decreased at an average annual rate of -X>
632
In value terms, yarn of artificial staple fibers imports stood at $X in 2016. Overall, yarn of artificial staple fibers imports continue to indicate a relatively flat trend pattern. Global yarn of ...
1293
In value terms, yarn of man-made staple fibers imports amounted to $X in 2016. In general, yarn of man-made staple fibers imports continue to indicate a relatively flat trend pattern. Global yarn o...
2100
In value terms, man-made filament yarn exports stood at $X in 2016. In general, man-made filament yarn exports continue to indicate a relatively flat trend pattern. Global man-made filament yarn exp...
632
In value terms, yarn of artificial staple fibers exports totaled $X in 2016. In general, yarn of artificial staple fibers exports continue to indicate a relatively flat trend pattern. Over the peri...
1929
In value terms, yarn of man-made staple fibers exports amounted to $X in 2016. Overall, it indicated a modest expansion from 2007 to 2016: the total exports value increased at an average annual rat...
1032
In value terms, man-made filament yarn imports amounted to $X in 2016. Overall, it indicated a modest increase from 2007 to 2016: the total imports value decreased at an average annual rate of -X>
632
In value terms, yarn of artificial staple fibers imports stood at $X in 2016. Overall, yarn of artificial staple fibers imports continue to indicate a relatively flat trend pattern. Global yarn of ...
1293
In value terms, yarn of man-made staple fibers imports amounted to $X in 2016. In general, yarn of man-made staple fibers imports continue to indicate a relatively flat trend pattern. Global yarn o...
2100
In value terms, man-made filament yarn exports stood at $X in 2016. In general, man-made filament yarn exports continue to indicate a relatively flat trend pattern. Global man-made filament yarn exp...
