Report Update Apr 1, 2024

Panama - Cotton Lint - Market Analysis, Forecast, Size, Trends and Insights

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Panama: Cotton Lint Market 2024

Cotton Lint Market Size in Panama

The Panamanian cotton lint market declined modestly to $X in 2022, dropping by X% against the previous year. In general, consumption enjoyed slight growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Cotton Lint Production in Panama

In value terms, cotton lint production contracted to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. Cotton lint production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The average yield of cotton lint in Panama amounted to less than X kg per ha in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cotton lint harvested area in Panama totaled less than X ha in 2022, remaining stable against the previous year's figure. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Cotton Lint Exports

Exports from Panama

In 2016, the amount of cotton lint exported from Panama reduced remarkably to X kg, waning by X% against the previous year. In general, exports continue to indicate a precipitous descent. Over the period under review, the exports reached the peak figure at X tons in 2015, and then dropped remarkably in the following year.

In value terms, cotton lint exports shrank markedly to $X in 2016. Overall, exports saw a significant decline. Over the period under review, the exports hit record highs at $X in 2015, and then reduced dramatically in the following year.

Exports by Country

Venezuela (X kg), the Dominican Republic (X kg) and Guyana (X kg) were the main destinations of cotton lint exports from Panama, together comprising X% of total exports.

From 2012 to 2016, the biggest increases were recorded for Venezuela (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Venezuela ($X), Guyana ($X) and the Dominican Republic ($X) appeared to be the largest markets for cotton lint exported from Panama worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Venezuela, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cotton lint export price stood at $X per ton in 2016, dropping by X% against the previous year. Overall, the export price showed a deep slump. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2016, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2016, amid the top suppliers, the country with the highest price was Guyana ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (X%), while the prices for the other major destinations experienced a decline.

Cotton Lint Imports

Imports into Panama

In 2022, cotton lint imports into Panama reduced markedly to X kg, with a decrease of X% against the previous year. Overall, imports recorded a precipitous decrease. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cotton lint imports soared to $X in 2022. In general, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X kg) constituted the largest cotton lint supplier to Panama, with a X% share of total imports. Moreover, cotton lint imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X kg), fourfold.

From 2013 to 2022, the average annual growth rate of volume from the United States stood at X%.

In value terms, the largest cotton lint suppliers to Panama were Spain ($X) and the United States ($X).

Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average cotton lint import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price showed perceptible growth. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Spain ($X per ton), while the price for the United States amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cotton lint in the world?

The countries with the highest volumes of consumption in 2023 were China, India and the United States, together comprising 60% of global consumption. Brazil, Pakistan, Uzbekistan, Turkey, Bangladesh and Vietnam lagged somewhat behind, together comprising a further 24%.

What are the largest producers of cotton lint in the world?

The countries with the highest volumes of production in 2022 were China, India and the United States, together comprising 62% of global production. Brazil, Pakistan, Uzbekistan, Turkey and Australia lagged somewhat behind, together comprising a further 23%.

What are the leading suppliers of cotton lint to Panama?

In value terms, the largest cotton lint suppliers to Panama were Spain $140) and the United States $119).

What are the leading importers of cotton lint from Panama?

In value terms, Venezuela $158), Guyana $103) and the Dominican Republic $29) appeared to be the largest markets for cotton lint exported from Panama worldwide, together accounting for 90% of total exports.

What is the average export price for cotton lint in Panama?

The average cotton lint export price stood at $1,548 per ton in 2016, with a decrease of -21% against the previous year.

What is the average import price for cotton lint in Panama?

In 2022, the average cotton lint import price amounted to $7,400 per ton, rising by 119% against the previous year.

This report provides an in-depth analysis of the cotton lint market 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:

FCL 767 - Cotton Lint
FCL 328 - [Seed 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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023