Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Panama - 2023
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Panama (CIF) - 2022
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Panama
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Panama (CIF) - 2022
The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $3,000 per ton in 2022, shrinking by -40.9% against the previous year. Over the period under review, the import price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2015 an increase of 48%. Over the period under review, average import prices hit record highs at $5,468 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($7,625 per ton), while the price for China totaled $1,702 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.1%).
Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Panama
For the third consecutive year, Panama recorded decline in supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses, which decreased by -78.8% to 73 kg in 2022. In general, imports showed a dramatic slump. The smallest decline of -43.4% was in 2020.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses declined notably to $219 in 2022. Over the period under review, imports recorded a dramatic curtailment. The smallest decline of -43.8% was in 2020.
| Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.8 | 7.7 | 1.6 | 0.1 | -80.6% |
| China | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.1 | 7.9 | 1.7 | 0.2 | -75.8% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Panama in 2022:
- China (57.0 kg)
- United States (16.0 kg)
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