Price for Bedspreads; Not Knitted or Crocheted in Panama - 2023

Contents:

  1. Price for Bedspreads; Not Knitted or Crocheted in Panama (CIF) - 2022
  2. Price for Bedspreads; Not Knitted or Crocheted in Panama (FOB) - 2022
  3. Imports of Bedspreads; Not Knitted or Crocheted in Panama
  4. Exports of Bedspreads; Not Knitted or Crocheted in Panama

Price for Bedspreads; Not Knitted or Crocheted in Panama (CIF) - 2022

In 2022, the average import price for bedspreads; not knitted or crocheteds amounted to $12 per unit, with a decrease of -15.6% against the previous year. In general, the import price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 101% against the previous year. As a result, import price attained the peak level of $15 per unit, and then fell dramatically in the following year.

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 India ($49 per unit), while the price for the United States ($6.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bedspreads; Not Knitted or Crocheted in Panama (FOB) - 2022

In 2022, the average export price for bedspreads; not knitted or crocheteds amounted to $4.8 per unit, with an increase of 7.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 70%. As a result, the export price reached the peak level of $5 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

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 Jamaica ($9.4 per unit), while the average price for exports to Belize ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bedspreads; Not Knitted or Crocheted in Panama

In 2022, purchases abroad of bedspreads; not knitted or crocheteds increased by 92% to 9.7K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a perceptible decline. Imports peaked at 11K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, bedspreads; not knitted or crocheted imports skyrocketed to $121K in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports reached the maximum at $145K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Bedspreads; Not Knitted or Crocheted in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain27.3N/A2.735.08.6%
Portugal32.25.525.924.5-8.7%
United States6.321.432.918.844.0%
China13.736.50.915.44.0%
Free Zones63.311.35.013.8-39.8%
India1.7N/AN/A9.376.2%
Colombia0.10.35.33.8236.2%
Others0.83.71.50.2-37.0%
Total14578.774.3121-5.9%

Top Suppliers of Bedspreads; Not Knitted or Crocheted to Panama in 2022:

  1. United States (3.0K units)
  2. Spain (2.2K units)
  3. China (1.5K units)
  4. Free Zones (1.3K units)
  5. Portugal (1.0K units)
  6. Colombia (0.4K units)
  7. India (0.2K units)

Exports of Bedspreads; Not Knitted or Crocheted in Panama

In 2022, overseas shipments of bedspreads; not knitted or crocheteds increased by 39% to 38K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a precipitous decrease. The exports peaked at 79K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, bedspreads; not knitted or crocheted exports soared to $186K in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Bedspreads; Not Knitted or Crocheted in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guyana32.855.846.874.531.5%
Jamaica30.534.927.455.722.2%
Suriname7.57.36.616.429.8%
Aruba0.50.85.85.9127.7%
Antigua and Barbuda8.96.4N/A4.9-18.0%
Belize38.05.00.43.7-54.0%
Barbados0.34.42.13.0115.4%
Grenada12.39.68.21.0-56.7%
Costa Rica5.83.85.20.5-55.8%
Dominican Republic7.75.9N/A0.5-59.8%
Trinidad and Tobago10.30.21.60.2-73.1%
Guatemala15.025.615.4N/A1.3%
Others3.912.05.019.972.2%
Total1731721251862.4%

Top Export Markets for Bedspreads; Not Knitted or Crocheted from Panama in 2022:

  1. Guyana (24.5K units)
  2. Jamaica (5.9K units)
  3. Suriname (2.6K units)
  4. Belize (1.3K units)
  5. Antigua and Barbuda (1.1K units)
  6. Aruba (1.0K units)
  7. Barbados (0.6K units)
  8. Costa Rica (0.4K units)
  9. Grenada (0.2K units)
  10. Dominican Republic (0.2K units)
  11. Trinidad and Tobago (0.1K units)

Source: IndexBox Market Intelligence Platform

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