Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Panama - 2022
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Panama (CIF) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Panama (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Panama
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Panama
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Panama (CIF) - 2022
The average import price for yarn of carded wool, not put up for retail sale stood at $6,892 per ton in 2022, picking up by 10% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 44%. Over the period under review, average import prices reached the maximum at $16,418 per ton in 2019; however, from 2020 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 the United States ($11,227 per ton), while the price for Free Zones ($5,969 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+11.9%), while the prices for the other major suppliers experienced a decline.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Panama (FOB) - 2022
In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $5,942 per ton, rising by 13% against the previous year. In general, the export price recorded modest growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 35% against the previous year. The export price peaked at $10,833 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($18,000 per ton), while the average price for exports to El Salvador ($5,000 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 Venezuela (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Panama
For the third year in a row, Panama recorded decline in purchases abroad of yarn of carded wool, not put up for retail sale, which decreased by -83.8% to 241 kg in 2022. Overall, imports showed a precipitous decline. The smallest decline of -59.9% was in 2021.
In value terms, imports of yarn of carded wool, not put up for retail sale contracted significantly to $1.7K in 2022. Over the period under review, imports showed a sharp decrease. The smallest decline of -75.1% was in 2021.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 87.6 | 25.9 | 2.3 | 1.2 | -76.1% |
| United States | 13.7 | 7.0 | 2.5 | 0.2 | -75.6% |
| Free Zones | 11.9 | 3.2 | 2.9 | 0.2 | -74.4% |
| Turkey | 75.1 | N/A | N/A | N/A | 0% |
| Brazil | N/A | 1.3 | 1.2 | N/A | -7.7% |
| Others | 0.2 | N/A | 0.5 | N/A | 58.1% |
| Total | 189 | 37.5 | 9.3 | 1.7 | -79.2% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Panama in 2022:
- China (183.0 kg)
- Free Zones (32.0 kg)
- United States (22.0 kg)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Panama
In 2022, the amount of yarn of carded wool, not put up for retail sale exported from Panama expanded remarkably to 120 kg, with an increase of 5.3% on the previous year. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 7% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of yarn of carded wool, not put up for retail sale skyrocketed to $713 in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 201 | 178 | 386 | 480 | 33.7% |
| Costa Rica | 82.0 | 48.0 | 101 | 122 | 14.2% |
| Trinidad and Tobago | 12.0 | 45.0 | 42.0 | 44.0 | 54.2% |
| Guatemala | 10.0 | 32.0 | 43.0 | 33.0 | 48.9% |
| Nicaragua | N/A | 135 | N/A | N/A | 0% |
| Cuba | 31.0 | N/A | N/A | N/A | 0% |
| Others | 95.0 | 70.0 | 30.0 | 34.0 | -29.0% |
| Total | 431 | 508 | 602 | 713 | 18.3% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Panama in 2022:
- Dominican Republic (91.0 kg)
- Costa Rica (15.0 kg)
- Trinidad and Tobago (7.0 kg)
- Guatemala (3.0 kg)
87
This report provides an in-depth analysis of the woolen yarn market in Panama.
1725
This report provides an in-depth analysis of the global woolen yarn market.
87
This report provides an in-depth analysis of the woolen yarn market in Panama.
1725
This report provides an in-depth analysis of the global woolen yarn market.
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