Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama - 2024
Contents:
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama (CIF) - 2024
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama (FOB) - 2022
- Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama
- Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama (CIF) - 2024
The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $8.0 per square meter in November 2023, shrinking by -3.5% against the previous month. Overall, the import price saw a pronounced decline. The pace of growth was the most pronounced in August 2023 an increase of 20% month-to-month. The import price peaked at $10.2 per square meter in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Free Zones ($14.5 per square meter), while the price for Brazil ($7.1 per square meter) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Free Zones (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama (FOB) - 2022
The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $13 per square meter in 2022, increasing by 37% against the previous year. In general, the export price, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2020 an increase of 53% against the previous year. The export price peaked at $84 per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($16 per square meter), while the average price for exports to the Dominican Republic ($5.1 per square meter) 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 more modest paces of growth.
Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama
Imports of carpets and other textile floor coverings; tufted, whether or not made ups into Panama declined dramatically to 372K square meters in 2022, with a decrease of -15.5% on the previous year's figure. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 5.5% against the previous year. Over the period under review, imports of attained the peak figure at 705K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups shrank slightly to $3.5M in 2022. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 3.9%. Imports peaked at $6.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,323 | 1,251 | 1,107 | 1,121 | -21.6% |
| United States | 1,208 | 1,046 | 888 | 1,029 | -5.2% |
| Free Zones | 913 | 697 | 804 | 586 | -13.7% |
| Spain | 33.1 | 12.1 | 128 | 274 | 102.3% |
| Colombia | 24.2 | 51.9 | 0.6 | 144 | 81.2% |
| India | 400 | 108 | 71.5 | 137 | -30.0% |
| Argentina | 0.8 | N/A | N/A | 53.7 | 306.4% |
| Netherlands | 231 | 43.1 | 112 | 33.2 | -47.6% |
| Italy | 10.4 | 30.0 | 323 | 22.0 | 28.4% |
| Belgium | 259 | 128 | 84.5 | 8.9 | -67.5% |
| Hong Kong SAR | 213 | 12.5 | 3.0 | 0.4 | -87.7% |
| Others | 692 | 114 | 110 | 120 | -44.2% |
| Total | 6,307 | 3,494 | 3,631 | 3,529 | -17.6% |
Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Panama in 2022:
- China (125.0K square meters)
- United States (98.4K square meters)
- Free Zones (61.8K square meters)
- Spain (30.7K square meters)
- India (16.0K square meters)
- Colombia (14.6K square meters)
- Argentina (6.2K square meters)
- Netherlands (3.0K square meters)
- Italy (2.1K square meters)
- Belgium (0.8K square meters)
Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama
In 2022, exports of carpets and other textile floor coverings; tufted, whether or not made ups from Panama declined dramatically to 30K square meters, shrinking by -48.7% compared with 2021 figures. In general, exports recorded a significant decline. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. The exports peaked at 74K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups shrank remarkably to $391K in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 79%. As a result, the exports reached the peak of $553K, and then contracted notably in the following year.
| Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jamaica | 87.3 | 54.9 | 56.7 | 111 | 8.3% |
| Suriname | 20.8 | 12.4 | 29.7 | 95.2 | 66.0% |
| Grenada | 23.5 | 16.6 | 20.9 | 71.6 | 45.0% |
| Aruba | 30.2 | 44.0 | 11.8 | 31.5 | 1.4% |
| Guyana | 18.3 | 22.8 | 205 | 22.3 | 6.8% |
| Barbados | 0.3 | 17.8 | 37.7 | 17.2 | 285.6% |
| Costa Rica | 15.6 | 39.0 | 15.4 | 8.8 | -17.4% |
| Guatemala | 29.9 | 14.8 | 23.0 | 7.0 | -38.4% |
| Dominican Republic | 10.8 | 19.1 | N/A | 5.6 | -19.7% |
| Belize | 33.8 | 0.8 | 5.7 | 4.5 | -48.9% |
| Saint Vincent and the Grenadines | 11.2 | 12.0 | 22.2 | N/A | 40.8% |
| Saint Lucia | 52.7 | 26.1 | N/A | N/A | -50.5% |
| Honduras | 8.2 | 5.1 | 26.7 | N/A | 80.4% |
| Others | 48.7 | 23.5 | 97.7 | 15.9 | -31.1% |
| Total | 391 | 309 | 553 | 391 | 0.0% |
Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Panama in 2022:
- Suriname (7.9K square meters)
- Jamaica (6.8K square meters)
- Grenada (5.8K square meters)
- Aruba (2.6K square meters)
- Guyana (1.8K square meters)
- Barbados (1.4K square meters)
- Dominican Republic (1.1K square meters)
- Costa Rica (0.7K square meters)
- Guatemala (0.6K square meters)
- Belize (0.4K square meters)
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This report provides an in-depth analysis of the tufted carpet market in Panama.
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This report provides an in-depth analysis of the global tufted carpet market.
72
This report provides an in-depth analysis of the tufted carpet market in Panama.
995
This report provides an in-depth analysis of the global tufted carpet market.
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