Price for Fibres; Synthetic Filament Tow, of Polyesters in Panama - 2023

Contents:

1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Panama (CIF) - 2022
2. Price for Fibres; Synthetic Filament Tow, of Polyesters in Panama (FOB) - 2022
3. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Panama
4. Exports of Fibres; Synthetic Filament Tow, of Polyesters in Panama

Price for Fibres; Synthetic Filament Tow, of Polyesters in Panama (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $2,099 per ton, reducing by -25.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 99.9%. As a result, import price attained the peak level of $6,433 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.9% per year.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Panama (FOB) - 2022

The average export price for fibres; synthetic filament tow, of polyesterses stood at $4,758 per ton in 2022, which is down by -17.3% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 98% against the previous year. As a result, the export price attained the peak level of $10,000 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -1.0% per year.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Panama

Imports of fibres; synthetic filament tow, of polyesterses into Panama reduced sharply to 1.1 tons in 2022, waning by -44.6% on the year before. In general, imports saw a sharp slump. The smallest decline of -17.4% was in 2020.

In value terms, imports of fibres; synthetic filament tow, of polyesterses contracted dramatically to $2.3K in 2022. Over the period under review, imports faced a precipitous shrinkage. The smallest decline of -18% was in 2020.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Panama in 2022:

1. China (1.1 tons)

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Panama

In 2022, shipments abroad of fibres; synthetic filament tow, of polyesterses increased by 11% to 3.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt descent.

In value terms, exports of fibres; synthetic filament tow, of polyesterses reduced to $17K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 20%.

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Panama in 2022:

1. Costa Rica (3.6 tons)

Source: IndexBox Market Intelligence Platform