Panama - Toilet And Kitchen Linen - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Panama - Toilet And Kitchen Linen - Market Analysis, Forecast, Size, Trends And Insights

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Price for Toilet and Kitchen Linen in Panama - 2023

Contents:

  1. Price for Toilet and Kitchen Linen in Panama (CIF) - 2023
  2. Price for Toilet and Kitchen Linen in Panama (FOB) - 2022
  3. Imports of Toilet and Kitchen Linen in Panama
  4. Exports of Toilet and Kitchen Linen in Panama

Price for Toilet and Kitchen Linen in Panama (CIF) - 2023

In July 2023, the average toilet and kitchen linen import price amounted to $1.3 per unit, falling by -4.2% against the previous month. Over the period under review, the import price recorded a noticeable contraction. The growth pace was the most rapid in September 2022 an increase of 49% m-o-m. Over the period under review, average import prices reached the peak figure at $1.8 per unit in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($2.7 per unit), while the price for Free Zones ($1.1 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Toilet and Kitchen Linen in Panama (FOB) - 2022

In 2022, the average toilet and kitchen linen export price amounted to $24 per unit, picking up by 70% against the previous year. In general, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2021 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($29 per unit), while the average price for exports to the United States amounted to $8.8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+90.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Toilet and Kitchen Linen in Panama

In 2022, approx. 733K units of toilet and kitchen linen were imported into Panama; with a decrease of -22.3% against the previous year's figure. Over the period under review, imports continue to indicate a deep downturn. The smallest decline of -10.5% was in 2021. Imports peaked at 1.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, toilet and kitchen linen imports fell to $5.5M in 2022. In general, imports showed a abrupt decrease. The smallest decline of -1.7% was in 2021. Over the period under review, imports attained the peak figure at $8.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Toilet and Kitchen Linen in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones4963086731,04528.2%
United States1,2415399491,017-6.4%
India1,9581,6721,260793-26.0%
Colombia4583256015627.1%
Pakistan782496766505-13.6%
China2,7552,2771,259488-43.8%
Spain29.469.164.6450148.3%
El Salvador374185269264-11.0%
Others26533225640214.9%
Total8,3606,2056,0975,527-12.9%

Top Suppliers of Toilet and Kitchen Linen to Panama in 2022:

  1. Free Zones (142.6K units)
  2. India (102.7K units)
  3. United States (101.5K units)
  4. China (101.0K units)
  5. Pakistan (93.9K units)
  6. Colombia (59.3K units)
  7. Spain (39.9K units)
  8. El Salvador (32.9K units)

Exports of Toilet and Kitchen Linen in Panama

For the third consecutive year, Panama recorded decline in shipments abroad of toilet and kitchen linen, which decreased by -34.4% to 263 units in 2022. In general, exports faced a sharp downturn. The smallest decline of -3.1% was in 2020. The exports peaked at 304K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, toilet and kitchen linen exports expanded remarkably to $6.3K in 2022. Over the period under review, exports saw a dramatic shrinkage. Over the period under review, the exports hit record highs at $2.7M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Toilet and Kitchen Linen in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free ZonesN/A10.43.55.7-26.0%
United States29724.21.70.6-87.4%
Venezuela173544N/AN/A214.5%
Dominican Republic63.344.9N/AN/A-29.1%
Colombia493751N/AN/A52.3%
Trinidad and Tobago63.541.5N/AN/A-34.6%
Costa Rica14043.7N/AN/A-68.8%
Guyana67.642.6N/AN/A-37.0%
Nicaragua12868.3N/AN/A-46.6%
El Salvador79.662.4N/AN/A-21.6%
Cuba223110N/AN/A-50.7%
Honduras89.2151N/AN/A69.3%
Belize67.423.9N/AN/A-64.5%
Others8034260.4N/A-97.8%
Total2,6882,3435.66.3-86.7%

Top Export Markets for Toilet and Kitchen Linen from Panama in 2022:

  1. Free Zones (199.0 units)
  2. United States (64.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for toilet and kitchen linen in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13921430 - Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton

Country coverage:

  • Panama

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Panama
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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