Price for Flax, Tow and Waste in Panama - 2023
Contents:
Price for Flax, Tow and Waste in Panama (CIF) - 2022
The average flax, tow and waste import price stood at $4,700 per ton in 2022, picking up by 3.6% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. The pace of growth was the most pronounced in 2015 when the average import price increased by 36%. The import price peaked at $15,263 per ton in 2016; however, from 2017 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 the United States ($9,222 per ton), while the price for Mexico amounted to $4,499 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+20.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Flax, Tow and Waste in Panama
In 2022, flax, tow and waste imports into Panama surged to 1.1 tons, increasing by 572% compared with the previous year's figure. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, flax, tow and waste imports soared to $5K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Flax, Tow and Waste in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Mexico | 0.1 | 4.5 | 4400.0% | ||
| United States | 0.3 | 0.4 | 33.3% | ||
| Brazil | 0.3 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 0.7 | 5.0 | 614.3% | ||
Top Suppliers of Flax, Tow and Waste to Panama in 2022:
- Mexico (1010.0 kg)
- United States (45.0 kg)
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