Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in Panama - 2023
Contents:
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Panama (CIF) - 2023
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Panama (FOB) - 2022
- Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Panama
- Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Panama
Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Panama (CIF) - 2023
In September 2023, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $1.5 per pair, increasing by 110% against the previous month. Overall, the import price continues to indicate a pronounced increase. The import price peaked at $2.6 per pair in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Free Zones ($2.2 per pair), while the price for China ($833 per thousand pairs) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Free Zones (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Panama (FOB) - 2022
In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $9.2 per pair, standing approx. at the previous year. Overall, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 75% against the previous year. Over the period under review, the average export prices attained the peak figure at $11 per pair in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Colombia ($9.9 per pair) and Uruguay ($9.8 per pair), while the average price for exports to the Dominican Republic ($8.7 per pair) and Costa Rica ($8.8 per pair) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Panama
In 2022, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds into Panama fell markedly to 514K pairs, waning by -58.1% compared with 2021 figures. Over the period under review, imports faced a precipitous decline. The pace of growth was the most pronounced in 2021 when imports increased by 39%. Over the period under review, imports of hit record highs at 1.3M pairs in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds shrank rapidly to $847K in 2022. Overall, imports showed a dramatic contraction. The smallest decline of -21.2% was in 2021. Over the period under review, imports of attained the peak figure at $3.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 928 | 651 | 1,063 | 441 | -22.0% |
| China | 2,067 | 1,131 | 180 | 140 | -59.2% |
| United States | 164 | 65.7 | 296 | 107 | -13.3% |
| Mexico | 3.0 | N/A | 0.1 | 54.3 | 162.6% |
| Others | 205 | 205 | 78.8 | 104 | -20.2% |
| Total | 3,367 | 2,053 | 1,619 | 847 | -36.9% |
Top Suppliers of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted to Panama in 2022:
- Free Zones (352.3K pairs)
- China (72.2K pairs)
- United States (56.2K pairs)
- Mexico (17.8K pairs)
Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Panama
For the third year in a row, Panama recorded decline in shipments abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, which decreased by 0% to 118K pairs in 2022. Over the period under review, exports continue to indicate a significant decline. The smallest decline of -11.4% was in 2020. Over the period under review, the exports of reached the maximum at 267K pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds totaled $1.1M in 2022. Overall, exports showed a dramatic contraction. The smallest decline of -8.1% was in 2020. The exports peaked at $2.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 175 | 300 | N/A | 121 | -11.6% |
| Dominican Republic | 380 | 170 | N/A | 98.7 | -36.2% |
| Colombia | 137 | 109 | N/A | 89.3 | -13.3% |
| Nicaragua | 36.9 | 179 | N/A | 71.7 | 24.8% |
| Chile | 112 | 160 | N/A | 64.4 | -16.8% |
| Venezuela | 39.7 | 140 | N/A | 56.2 | 12.3% |
| Ecuador | 25.0 | 136 | N/A | 54.5 | 29.7% |
| Uruguay | 112 | 23.7 | N/A | 44.0 | -26.8% |
| Costa Rica | 201 | 28.1 | N/A | 43.8 | -39.8% |
| Peru | 35.3 | 71.5 | N/A | 28.7 | -6.7% |
| Guatemala | 29.9 | 30.3 | N/A | 14.9 | -20.7% |
| Trinidad and Tobago | 50.5 | 25.9 | N/A | 13.8 | -35.1% |
| Haiti | N/A | 71.2 | N/A | N/A | 0% |
| Others | 1,033 | 730 | N/A | 387 | -27.9% |
| Total | 2,365 | 2,174 | N/A | 1,087 | -22.8% |
Top Export Markets for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted from Panama in 2022:
- Honduras (13.5K pairs)
- Dominican Republic (11.3K pairs)
- Colombia (9.0K pairs)
- Nicaragua (8.0K pairs)
- Chile (7.2K pairs)
- Venezuela (6.3K pairs)
- Ecuador (6.1K pairs)
- Costa Rica (5.0K pairs)
- Uruguay (4.5K pairs)
- Peru (3.2K pairs)
- Trinidad and Tobago (1.6K pairs)
- Guatemala (1.6K pairs)
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