Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama - 2024
Contents:
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama (CIF) - 2024
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama (FOB) - 2022
- Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama
- Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama (CIF) - 2024
The average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $4.5 per square meter in April 2024, growing by 88% against the previous month. Overall, the import price enjoyed a pronounced expansion. The growth pace was the most rapid in January 2024 when the average import price increased by 178% month-to-month. Over the period under review, average import prices reached the maximum at $6.0 per square meter in February 2024; however, from March 2024 to April 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($19.4 per square meter), while the price for China ($2.6 per square meter) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Belgium (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama (FOB) - 2022
The average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $954 per thousand square meters in 2022, surging by 45% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses increased by +68.4% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($1.2 per square meter), while the average price for exports to Guyana ($333 per thousand square meters) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+75.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama
In 2022, purchases abroad of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses increased by 2.9% to 2.8M square meters for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a dramatic descent. Over the period under review, imports of attained the peak figure at 5.9M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses rose to $2.1M in 2022. Over the period under review, imports, however, recorded a dramatic curtailment. Over the period under review, imports of hit record highs at $6.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 4,127 | 980 | 1,134 | 1,262 | -32.6% |
| China | 1,360 | 830 | 712 | 546 | -26.2% |
| Taiwan (Chinese) | 214 | 13.3 | 12.0 | 82.3 | -27.3% |
| India | 112 | N/A | N/A | 61.9 | -17.9% |
| Hong Kong SAR | 30.9 | 73.3 | N/A | 59.8 | 24.6% |
| United Arab Emirates | 269 | N/A | N/A | N/A | 0% |
| Others | 391 | 135 | 176 | 70.6 | -43.5% |
| Total | 6,505 | 2,032 | 2,034 | 2,083 | -31.6% |
Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to Panama in 2022:
- Free Zones (1575.0K square meters)
- China (825.5K square meters)
- Hong Kong SAR (172.6K square meters)
- Taiwan (Chinese) (168.8K square meters)
- India (67.8K square meters)
Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama
In 2022, the amount of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses exported from Panama fell notably to 1.1M square meters, with a decrease of -17% compared with the previous year's figure. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. The exports peaked at 1.5M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses surged to $1M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 63%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 53.4 | 40.1 | 429 | 820 | 148.6% |
| Costa Rica | 81.2 | 25.3 | 66.4 | 74.4 | -2.9% |
| Ecuador | 120 | 52.9 | 15.2 | 45.6 | -27.6% |
| Jamaica | N/A | 1.1 | 94.2 | 44.7 | 537.5% |
| Colombia | 30.2 | 70.7 | N/A | 38.3 | 8.2% |
| Guatemala | 505 | 267 | 129 | 8.9 | -74.0% |
| Guyana | 19.1 | 59.1 | 3.1 | 5.5 | -34.0% |
| Honduras | 0.6 | N/A | 77.6 | N/A | 1037.2% |
| Others | 15.2 | 14.1 | 52.5 | 6.2 | -25.8% |
| Total | 824 | 530 | 867 | 1,044 | 8.2% |
Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from Panama in 2022:
- Dominican Republic (821.3K square meters)
- Jamaica (85.7K square meters)
- Costa Rica (59.5K square meters)
- Ecuador (41.1K square meters)
- Colombia (39.2K square meters)
- Guatemala (19.1K square meters)
- Guyana (16.5K square meters)
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This report provides an in-depth analysis of the man-made filament fabric market in Panama.
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This report provides an in-depth analysis of the global man-made filament fabric market.
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This report provides an in-depth analysis of the man-made filament fabric market in Panama.
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This report provides an in-depth analysis of the global man-made filament fabric market.
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