Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama - 2022
Contents:
- Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama (CIF) - 2022
- Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama (FOB) - 2022
- Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama
- Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama
Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama (CIF) - 2022
In 2022, the average import price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $7.4 per unit, rising by 41% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Hong Kong SAR ($122 per unit), while the price for China ($2.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+19.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama (FOB) - 2022
The average export price for handbags with outer surface of plastic sheeting or of textile materialses stood at $13 per unit in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2017 an increase of 9.6%. Over the period under review, the average export prices hit record highs at $14 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
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 Chile ($23 per unit), while the average price for exports to Guyana ($2.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Suriname (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama
For the third year in a row, Panama recorded decline in purchases abroad of handbags with outer surface of plastic sheeting or of textile materialses, which decreased by -1.9% to 1.3M units in 2022. Over the period under review, imports faced a significant contraction. Imports peaked at 4.1M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses surged to $9.5M in 2022. In general, imports faced a dramatic slump. Imports peaked at $30M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 4.5 | 1.7 | 3.6 | 3.6 | -7.2% |
| China | 19.9 | 12.2 | 1.8 | 2.7 | -48.6% |
| Others | 5.7 | 2.9 | 1.5 | 3.1 | -18.4% |
| Total | 30.1 | 16.7 | 6.9 | 9.5 | -31.9% |
Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to Panama in 2022:
- China (1001.8K units)
- Free Zones (39.5K units)
Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama
For the third consecutive year, Panama recorded decline in shipments abroad of handbags with outer surface of plastic sheeting or of textile materialses, which decreased by -72.1% to 298 units in 2022. Overall, exports continue to indicate a dramatic setback. The smallest decline of -54.9% was in 2020. The exports peaked at 1.5M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses contracted significantly to $3.9K in 2022. In general, exports faced a dramatic slump. The smallest decline of -51.6% was in 2020. The exports peaked at $20M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 991 | 594 | 2.0 | 1.1 | -89.6% |
| Honduras | 1,128 | 561 | N/A | 0.8 | -91.1% |
| Venezuela | 732 | 412 | 1.8 | 0.4 | -91.8% |
| Cuba | 960 | 175 | 0.9 | 0.2 | -94.1% |
| Costa Rica | 1,387 | 693 | 1.0 | 0.2 | -94.8% |
| Aruba | 136 | 50.1 | 0.1 | 0.2 | -88.6% |
| Brazil | 108 | 94.3 | 0.4 | 0.1 | -90.3% |
| Israel | 20.6 | 31.2 | 0.4 | 0.1 | -83.1% |
| Guyana | 59.2 | 17.1 | 0.1 | 0.1 | -88.1% |
| Peru | 605 | 337 | 0.2 | 0.1 | -94.5% |
| Suriname | 93.4 | 41.6 | 0.3 | 0.1 | -89.8% |
| Curacao | 199 | 57.6 | 0.3 | 0.1 | -92.0% |
| Dominican Republic | 961 | 680 | 0.1 | N/A | -99.0% |
| Others | 12,327 | 5,804 | 6.5 | 0.6 | -96.3% |
| Total | 19,708 | 9,547 | 14.1 | 3.9 | -94.2% |
Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from Panama in 2022:
- Honduras (72.0 units)
- Chile (47.0 units)
- Venezuela (34.0 units)
- Guyana (24.0 units)
- Cuba (21.0 units)
- Costa Rica (18.0 units)
- Aruba (16.0 units)
- Suriname (12.0 units)
- Brazil (8.0 units)
- Israel (6.0 units)
- Peru (6.0 units)
- Curacao (6.0 units)
- Dominican Republic (2.0 units)
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