Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama - 2024

Contents:

  1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama (CIF) - 2022
  2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama (FOB) - 2022
  3. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama
  4. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama (CIF) - 2022

In 2022, the average import price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $4,331 per ton, surging by 3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 68% against the previous year. Over the period under review, average import prices reached the maximum at $5,452 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($20,596 per ton), while the price for China ($3,730 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama (FOB) - 2022

In 2022, the average export price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $5,777 per ton, jumping by 36% against the previous year. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 53% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($18,839 per ton), while the average price for exports to Belize ($1,123 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 Colombia (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama

In 2022, the amount of tarpaulins, awnings and sunblinds of synthetic fibreses imported into Panama declined modestly to 366 tons, which is down by -1.7% on 2021 figures. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 43%.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $1.6M in 2022. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year.

Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3157438341,080-6.4%
Free Zones193118330191-0.3%
Italy129193221126-0.8%
Colombia22148.669.090.9-25.6%
United States96.013.835.844.8-22.4%
Others21720.373.852.3-37.8%
Total2,1711,1371,5631,585-10.0%

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Panama in 2022:

  1. China (289.4 tons)
  2. Free Zones (48.0 tons)
  3. United States (8.5 tons)
  4. Colombia (6.3 tons)
  5. Italy (6.1 tons)

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama

In 2022, the amount of tarpaulins, awnings and sunblinds of synthetic fibreses exported from Panama reached 20 tons, remaining relatively unchanged against the year before. In general, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses skyrocketed to $115K in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 117%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/A0.20.649.71476.4%
El SalvadorN/A0.1N/A38.21854.5%
Costa Rica24.38.98.16.8-34.6%
Belize1.30.30.46.066.5%
Jamaica3.421.92.43.72.9%
Barbados0.1N/A2.23.4224.0%
Guyana4.71.52.70.4-56.0%
Antigua and Barbuda14.5N/AN/AN/A0%
Guatemala8.72.459.2N/A160.9%
Others2.93.89.57.436.7%
Total59.839.285.011524.4%

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Panama in 2022:

  1. El Salvador (7.8 tons)
  2. Belize (5.3 tons)
  3. Colombia (2.6 tons)
  4. Costa Rica (2.3 tons)
  5. Barbados (0.8 tons)
  6. Jamaica (0.3 tons)
  7. Guyana (0.1 tons)

Source: IndexBox Market Intelligence Platform

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