Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama - 2024

Contents:

  1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama (CIF) - 2022
  2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama (FOB) - 2022
  3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama
  4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama (CIF) - 2022

In 2022, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $6,515 per ton, with an increase of 17% against the previous year. In general, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 109% against the previous year. The import price peaked at $9,198 per ton in 2014; however, from 2015 to 2022, import prices stood 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 Colombia ($9,808 per ton), while the price for Honduras ($3,902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama (FOB) - 2022

In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $1,241 per ton, which is down by -81.6% against the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 64%. As a result, the export price reached the peak level of $8,114 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($7,067 per ton), while the average price for exports to Guatemala ($931 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 Cuba (+106.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama

Imports of fabrics, knitted or crocheted, of a width of > 30 cms into Panama soared to 134 tons in 2022, rising by 64% against 2021. Over the period under review, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms surged to $870K in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States50.656.115730582.0%
Mexico96.189.145.124135.9%
Peru14035.477.5135-1.2%
China35.89.98.789.335.6%
Turkey13.3N/AN/A54.560.0%
Colombia44.69.826.521.7-21.3%
Honduras18.40.714.515.3-6.0%
Belgium60.735.173.8N/A10.3%
Others34.461.549.78.7-36.8%
Total49429845387020.8%

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Panama in 2022:

  1. United States (60.3 tons)
  2. Mexico (29.0 tons)
  3. Peru (14.2 tons)
  4. China (11.6 tons)
  5. Turkey (9.7 tons)
  6. Honduras (3.9 tons)
  7. Colombia (2.2 tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama

For the fourth year in a row, Panama recorded growth in shipments abroad of fabrics, knitted or crocheted, of a width of > 30 cms, which increased by 378% to 617 tons in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms dropped to $766K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +47.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, the exports reached the peak of $872K, and then dropped in the following year.

Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala14015257754156.9%
Costa Rica7.488.414829.558.6%
Dominican Republic160204N/AN/A27.5%
Others211217147196-2.4%
Total51966187276613.9%

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Panama in 2022:

  1. Guatemala (581.2 tons)
  2. Costa Rica (13.3 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
World's Best Import Markets for Knitted Fabric in 2023
Apr 1, 2024
Eye 183

Explore the top import markets for knitted fabric in 2023, including Vietnam, Cambodia, Indonesia, and more. Learn about the major players in the global textile industry.

Which Country Imports the Most Sewing and Knitting Needles, Bodkins, Crochet Hooks in the World?
Jul 26, 2018
Eye 2208

In value terms, sewing and knitting needles, bodkins, crochet hooks imports amounted to $X in 2016. Overall, sewing and knitting needles, bodkins, crochet hooks imports continue to indicate a relat...

Which Country Imports the Most Knitting Machines, Stitch-Bonding Machines in the World?
Jul 26, 2018
Eye 728

In value terms, knitting machines, stitch-bonding machines imports amounted to $X in 2016. Overall, knitting machines, stitch-bonding machines imports continue to indicate a significant decline. Gl...

Which Country Exports the Most Sewing and Knitting Needles, Bodkins, Crochet Hooks in the World?
Jul 26, 2018
Eye 1046

In value terms, sewing and knitting needles, bodkins, crochet hooks exports stood at $X in 2016. In general, sewing and knitting needles, bodkins, crochet hooks exports continue to indicate a relat...

Which Country Exports the Most Knitting Machines, Stitch-Bonding Machines in the World?
Jul 26, 2018
Eye 867

In value terms, knitting machines, stitch-bonding machines exports totaled $X in 2016. In general, knitting machines, stitch-bonding machines exports continue to indicate a abrupt setback. Over the...

Which Country Imports the Most Knitted or Crocheted Fabrics in the World?
May 28, 2018
Eye 2226

Global knitted fabric imports amounted to X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- t...

Which Country Exports the Most Knitted or Crocheted Fabrics in the World?
May 28, 2018
Eye 1381

Global knitted fabric imports amounted to X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- t...

Free Data: Fabrics; knitted or crocheted fabrics, other than those of headings 60.01 to 60.04 - Panama