Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Panama - 2023

Contents:

1. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Panama (CIF) - 2022
2. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Panama (FOB) - 2022
3. Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Panama
4. Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Panama

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Panama (CIF) - 2022

In 2022, the average import price for yarn; of jute or of other textile bast fibres, singles amounted to $800 per ton, waning by -66.7% against the previous year. Overall, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 141% against the previous year. As a result, import price reached the peak level of $6,621 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +2.6% per year.

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Panama (FOB) - 2022

In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $3,900 per ton, approximately reflecting the previous year. Over the period under review, the export price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when the average export price decreased by -3.6%. Over the period under review, the average export prices reached the peak figure at $5,629 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Guyana.

From 2012 to 2022, the rate of growth in terms of prices for Guyana amounted to +2.7% per year.

Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Panama

In 2022, imports of yarn; of jute or of other textile bast fibres, singles into Panama reduced notably to 680 kg, shrinking by -41.4% compared with the previous year's figure. In general, imports showed a dramatic contraction. The smallest decline of -40.6% was in 2021.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles shrank sharply to $544 in 2022. Over the period under review, imports continue to indicate a dramatic descent. The smallest decline of -30% was in 2021.

Top Suppliers of Yarn; of Jute or of Other Textile Bast Fibres, Single to Panama in 2022:

1. China (680.0 kg)

Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Panama

In 2022, exports of yarn; of jute or of other textile bast fibres, singles from Panama was estimated at 692 kg, remaining relatively unchanged against 2021. Over the period under review, exports faced a precipitous decline. The smallest decline of 99.9% was in 2021.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles totaled $2.7K in 2022. Overall, exports continue to indicate a precipitous decline. The smallest decline of 99.9% was in 2021.

Top Export Markets for Yarn; of Jute or of Other Textile Bast Fibres, Single from Panama in 2022:

1. Guyana (692.0 kg)

Source: IndexBox Market Intelligence Platform