Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama - 2023
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama (CIF) - 2022
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama (FOB) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama (CIF) - 2022
In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $6.9 per square meter, falling by -24.2% against the previous year. Over the period under review, the import price, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 70%. Over the period under review, average import prices reached the peak figure at $9.8 per square meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($8.7 per square meter), while the price for China ($2.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama (FOB) - 2022
In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $2.1 per square meter, increasing by 89% against the previous year. Overall, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 an increase of 291%. The export price peaked at $3.4 per square meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($2.4 per square meter), while the average price for exports to Costa Rica totaled $0.5 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+1.1%), while the prices for the other major destinations experienced a decline.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama
After two years of decline, supplies from abroad of woven fabrics of carded wool or of carded fine animal hair increased by 352% to 3K square meters in 2022. Over the period under review, imports, however, faced a abrupt decline. Imports peaked at 4.1K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair soared to $21K in 2022. Overall, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3.5 | 5.3 | 5.4 | 16.4 | 67.3% |
| Italy | N/A | N/A | N/A | 2.4 | 0% |
| China | 0.9 | 6.9 | N/A | 1.1 | 6.9% |
| Argentina | N/A | N/A | N/A | 0.3 | 0% |
| Free Zones | 8.5 | 2.4 | 0.1 | 0.1 | -77.3% |
| United States | 2.0 | 1.4 | 0.5 | N/A | -50.0% |
| Others | 0.3 | 1.5 | N/A | 0.4 | 10.1% |
| Total | 15.3 | 17.4 | 6.1 | 20.8 | 10.8% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Panama in 2022:
- Mexico (1890.0 square meters)
- Italy (541.0 square meters)
- China (444.0 square meters)
- Argentina (78.0 square meters)
- Free Zones (29.0 square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama
In 2022, shipments abroad of woven fabrics of carded wool or of carded fine animal hair decreased by -88.1% to 538 square meters, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic decline. The growth pace was the most rapid in 2020 when exports increased by 81% against the previous year. As a result, the exports reached the peak of 7.9K square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair shrank significantly to $1.2K in 2022. Over the period under review, exports continue to indicate a precipitous slump. The smallest decline of -34.5% was in 2021. Over the period under review, the exports of hit record highs at $15K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 2.8 | 1.0 | 0.1 | 1.1 | -26.8% |
| Belize | N/A | 6.8 | 5.0 | N/A | -26.5% |
| Costa Rica | N/A | N/A | N/A | N/A | 0% |
| Ukraine | 12.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.8 | 7.8 | 5.1 | 1.2 | -56.7% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Panama in 2022:
- Guatemala (476.0 square meters)
- Costa Rica (62.0 square meters)
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