Price for Cotton; Sewing Thread, Put Up for Retail Sale in Panama - 2024
Contents:
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Panama (CIF) - 2022
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Panama (FOB) - 2022
- Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Panama
- Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Panama
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Panama (CIF) - 2022
The average import price for cotton; sewing thread, put up for retail sale stood at $12,730 per ton in 2022, surging by 55% against the previous year. In general, the import price posted buoyant growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 157%. Over the period under review, average import prices reached the peak figure at $23,536 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($26,491 per ton), while the price for China ($3,177 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Panama (FOB) - 2022
The average export price for cotton; sewing thread, put up for retail sale stood at $2,049 per ton in 2022, approximately mirroring the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cotton; sewing thread, put up for retail sale increased by +42.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs at $2,552 per ton 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guyana ($2,171 per ton), while the average price for exports to Costa Rica totaled $1,047 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+28.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Panama
In 2022, supplies from abroad of cotton; sewing thread, put up for retail sale was finally on the rise to reach 3.7 tons after two years of decline. In general, imports, however, faced a dramatic downturn.
In value terms, imports of cotton; sewing thread, put up for retail sale surged to $48K in 2022. Over the period under review, imports, however, recorded a precipitous slump.
| Import of Cotton; Sewing Thread, Put Up for Retail Sale in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 38.1 | 4.4 | 7.9 | 17.2 | -23.3% |
| Guatemala | 42.2 | 15.4 | N/A | 14.5 | -30.0% |
| Free Zones | 4.3 | 6.7 | 10.9 | 8.7 | 26.5% |
| United States | N/A | 0.2 | 2.6 | 5.0 | 400.0% |
| China | 16.9 | 0.5 | 0.4 | 2.2 | -49.3% |
| Turkey | 5.6 | 7.9 | N/A | N/A | 41.1% |
| Brazil | 91.7 | 3.2 | 3.2 | N/A | -81.3% |
| Others | 12.2 | 0.1 | N/A | 0.1 | -79.8% |
| Total | 211 | 38.4 | 24.9 | 47.7 | -39.1% |
Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Panama in 2022:
- Free Zones (1595.0 kg)
- China (691.0 kg)
- Colombia (648.0 kg)
- Guatemala (559.0 kg)
- United States (242.0 kg)
Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Panama
In 2022, approx. 203 kg of cotton; sewing thread, put up for retail sale were exported from Panama; declining by -85.3% against the year before. Over the period under review, exports faced a dramatic slump. The smallest decline of -16.8% was in 2021.
In value terms, exports of cotton; sewing thread, put up for retail sale shrank markedly to $416 in 2022. Overall, exports faced a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 20%.
| Export of Cotton; Sewing Thread, Put Up for Retail Sale in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guyana | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Aruba | 6.4 | 0.7 | 2.5 | N/A | -37.5% |
| Guatemala | N/A | 1.0 | N/A | N/A | 0% |
| Costa Rica | 0.9 | 0.4 | 0.1 | N/A | -66.7% |
| Others | 0.6 | 0.1 | 0.1 | N/A | -59.2% |
| Total | 7.9 | 2.4 | 2.9 | 0.4 | -63.0% |
Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Panama in 2022:
- Guyana (158.0 kg)
- Costa Rica (43.0 kg)
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This report provides an in-depth analysis of the cotton sewing thread market in Panama.
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This report provides an in-depth analysis of the global cotton sewing thread market.
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This report provides an in-depth analysis of the cotton sewing thread market in Panama.
1198
This report provides an in-depth analysis of the global cotton sewing thread market.
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In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1203
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1685
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1588
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
1093
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1203
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1685
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1588
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
