Price for Silk; Woven Fabrics of Noil Silk in Panama - 2023

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Panama (CIF) - 2022
  2. Imports of Silk; Woven Fabrics of Noil Silk in Panama

Price for Silk; Woven Fabrics of Noil Silk in Panama (CIF) - 2022

The average import price for silk; woven fabrics of noil silks stood at $14,529 per ton in 2022, shrinking by -10.8% against the previous year. Overall, the import price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of 460%. Over the period under review, average import prices reached the maximum at $95,358 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($51,450 per ton), while the price for Spain ($1,223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1,786.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Silk; Woven Fabrics of Noil Silk in Panama

For the fourth consecutive year, Panama recorded growth in supplies from abroad of silk; woven fabrics of noil silks, which increased by 1,254% to 799 kg in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of silk; woven fabrics of noil silks soared to $12K in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silk; Woven Fabrics of Noil Silk in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea59181586110,393160.0%
Spain51.064.062.0679137.0%
China22.08.010.012176.5%
Canada4.07.01.082.0173.7%
Others20.030.027.0334155.6%
Total68892496111,609156.5%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Panama in 2022:

  1. Spain (555.0 kg)
  2. South Korea (202.0 kg)
  3. Canada (17.0 kg)
  4. China (13.0 kg)

Source: IndexBox Market Intelligence Platform

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