Price for Pneumatic Mattresses of Cotton or Other Textile Materials in Panama - 2023

Contents:

1. Price for Pneumatic Mattresses of Cotton or Other Textile Materials in Panama (CIF) - 2022
2. Price for Pneumatic Mattresses of Cotton or Other Textile Materials in Panama (FOB) - 2022
3. Imports of Pneumatic Mattresses of Cotton or Other Textile Materials in Panama
4. Exports of Pneumatic Mattresses of Cotton or Other Textile Materials in Panama

Price for Pneumatic Mattresses of Cotton or Other Textile Materials in Panama (CIF) - 2022

In 2022, the average import price for pneumatic mattresses of cotton or other textile materialses amounted to $10,314 per ton, picking up by 148% against the previous year. Over the period under review, the import price saw a perceptible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($24,697 per ton), while the price for the United States ($5,012 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+24.8%), while the prices for the other major suppliers experienced a decline.

Price for Pneumatic Mattresses of Cotton or Other Textile Materials in Panama (FOB) - 2022

In 2022, the average export price for pneumatic mattresses of cotton or other textile materialses amounted to $2,104 per ton, reducing by -15.1% against the previous year. In general, the export price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by 40%. The export price peaked at $4,154 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahamas ($4,105 per ton), while the average price for exports to Jamaica ($1,371 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 Jamaica (+37.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Mattresses of Cotton or Other Textile Materials in Panama

In 2022, imports of pneumatic mattresses of cotton or other textile materialses into Panama surged to 4.3 tons, jumping by 142% on the previous year's figure. Overall, imports continue to indicate a mild increase. The pace of growth appeared the most rapid in 2020 when imports increased by 209% against the previous year. As a result, imports reached the peak of 13 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of pneumatic mattresses of cotton or other textile materialses soared to $45K in 2022. Over the period under review, imports posted a significant expansion.

Top Suppliers of Pneumatic Mattresses of Cotton or Other Textile Materials to Panama in 2022:

1. China (3.2 tons)
2. Taiwan (Chinese) (1.0 tons)
3. United States (0.1 tons)

Exports of Pneumatic Mattresses of Cotton or Other Textile Materials in Panama

For the fourth consecutive year, Panama recorded growth in shipments abroad of pneumatic mattresses of cotton or other textile materialses, which increased by 3.7% to 3.9 tons in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 76%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of pneumatic mattresses of cotton or other textile materialses shrank to $8.2K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 +41.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of $9.4K, and then reduced in the following year.

Top Export Markets for Pneumatic Mattresses of Cotton or Other Textile Materials from Panama in 2022:

1. Belize (2990.0 kg)
2. Jamaica (448.0 kg)
3. Bahamas (411.0 kg)
4. Costa Rica (22.0 kg)

Source: IndexBox Market Intelligence Platform