Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $4,800 per ton, with a decrease of -18.1% against the previous year. In general, the import price saw a pronounced descent. The pace of growth was the most pronounced in 2013 an increase of 42% against the previous year. Over the period under review, average import prices attained the peak figure at $11,421 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.9% per year.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,283 per ton, declining by -23.7% against the previous year. Over the period under review, the export price recorded a mild decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 101%. Over the period under review, the average export prices reached the peak figure at $11,122 per ton in 2019; however, from 2020 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 Venezuela ($15,375 per ton), while the average price for exports to Ecuador ($1,583 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 Venezuela (+0.3%), while the prices for the other major destinations experienced a decline.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama
In 2022, after three years of growth, there was significant decline in overseas purchases of fabrics; looped pile fabrics, of cotton, knitted or crocheted, when their volume decreased by -97.9% to 30 kg. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 1,240% against the previous year. As a result, imports reached the peak of 1.4 tons, and then dropped dramatically in the following year.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted reduced sharply to $144 in 2022. In general, imports saw a sharp curtailment. The growth pace was the most rapid in 2021 when imports increased by 761%. As a result, imports reached the peak of $8.4K, and then reduced sharply in the following year.
Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | N/A | 0.4 | 2.1 | 0.1 | -50.0% |
China | 0.4 | 0.6 | 5.9 | N/A | 284.1% |
United States | N/A | N/A | 0.4 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.4 | 1.0 | 8.4 | 0.1 | -37.0% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Panama in 2022:
- Free Zones (30.0 kg)
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama
Exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted from Panama surged to 812 kg in 2022, growing by 525% against the previous year. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 3,546%. As a result, the exports attained the peak of 1.5 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted skyrocketed to $6.7K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 2,541%. As a result, the exports reached the peak of $12K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Dominican Republic | 0.4 | 7.9 | 1.3 | 6.2 | 149.3% |
Venezuela | N/A | 0.5 | 0.1 | 0.4 | -10.6% |
Ecuador | N/A | 0.1 | N/A | N/A | 0% |
Others | N/A | 3.6 | 0.1 | 0.1 | -83.3% |
Total | 0.5 | 12.0 | 1.4 | 6.7 | 137.5% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Panama in 2022:
- Dominican Republic (756.0 kg)
- Venezuela (24.0 kg)
- Ecuador (24.0 kg)
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