Price for Handkerchiefs (Not Knitted or Crocheted) in Panama - 2023
Contents:
- Price for Handkerchiefs (Not Knitted or Crocheted) in Panama (CIF) - 2022
- Price for Handkerchiefs (Not Knitted or Crocheted) in Panama (FOB) - 2022
- Imports of Handkerchiefs (Not Knitted or Crocheted) in Panama
- Exports of Handkerchiefs (Not Knitted or Crocheted) in Panama
Price for Handkerchiefs (Not Knitted or Crocheted) in Panama (CIF) - 2022
In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $11 per unit, reducing by -4.7% against the previous year. In general, the import price, however, continues to indicate slight growth. The growth pace was the most rapid in 2018 when the average import price increased by 62% against the previous year. The import price peaked at $38 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 Spain ($39 per unit), while the price for Free Zones ($9.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Handkerchiefs (Not Knitted or Crocheted) in Panama (FOB) - 2022
In 2022, the average export price for handkerchiefs (not knitted or crocheted)s amounted to $104 per unit, almost unchanged from the previous year. Overall, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 366% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($202 per unit), while the average price for exports to Guatemala ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Handkerchiefs (Not Knitted or Crocheted) in Panama
For the third year in a row, Panama recorded decline in purchases abroad of handkerchiefs (not knitted or crocheted)s, which decreased by -0.2% to 8.9K units in 2022. Over the period under review, imports saw a precipitous decline. Imports peaked at 49K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, handkerchiefs (not knitted or crocheted) imports fell slightly to $100K in 2022. Overall, imports showed a sharp descent. Over the period under review, imports hit record highs at $1.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Handkerchiefs (Not Knitted or Crocheted) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 125 | 48.3 | 51.2 | 64.4 | -19.8% |
| China | 1,514 | 376 | 30.5 | 16.1 | -78.0% |
| Spain | 16.6 | 5.6 | 15.6 | 7.2 | -24.3% |
| United States | 28.8 | 8.2 | 1.8 | 4.4 | -46.5% |
| Thailand | 82.8 | 139 | N/A | N/A | 67.9% |
| Others | 92.9 | 104 | 5.8 | 7.6 | -56.6% |
| Total | 1,860 | 682 | 105 | 99.7 | -62.3% |
Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Panama in 2022:
- Free Zones (6.9K units)
- China (1.2K units)
- United States (0.4K units)
- Spain (0.2K units)
Exports of Handkerchiefs (Not Knitted or Crocheted) in Panama
For the third year in a row, Panama recorded decline in overseas shipments of handkerchiefs (not knitted or crocheted)s, which decreased by 0% to 2.8K units in 2022. Overall, exports showed a precipitous shrinkage. The smallest decline of -46% was in 2020. The exports peaked at 10K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, handkerchiefs (not knitted or crocheted) exports stood at $288K in 2022. Over the period under review, exports continue to indicate a precipitous descent. The smallest decline of -41.5% was in 2020. Over the period under review, the exports hit record highs at $984K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Handkerchiefs (Not Knitted or Crocheted) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 187 | 93.0 | N/A | 85.7 | -22.9% |
| Haiti | 129 | 78.8 | N/A | 32.0 | -37.2% |
| Dominican Republic | 96.8 | 71.8 | N/A | 24.7 | -36.6% |
| Nicaragua | 70.5 | 52.7 | N/A | 23.5 | -30.7% |
| Honduras | 91.0 | 70.8 | N/A | 22.3 | -37.4% |
| Costa Rica | 115 | 35.5 | N/A | 21.3 | -43.0% |
| Venezuela | 43.7 | 56.8 | N/A | 16.7 | -27.4% |
| El Salvador | 21.7 | 28.6 | N/A | 8.4 | -27.1% |
| Guatemala | 39.0 | 3.7 | N/A | 5.5 | -47.9% |
| Others | 191 | 83.8 | N/A | 47.7 | -37.0% |
| Total | 984 | 576 | N/A | 288 | -33.6% |
Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Panama in 2022:
- Haiti (596.0 units)
- Colombia (425.0 units)
- Honduras (294.0 units)
- Dominican Republic (231.0 units)
- Nicaragua (226.0 units)
- Costa Rica (211.0 units)
- Guatemala (181.0 units)
- El Salvador (178.0 units)
- Venezuela (161.0 units)
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In value terms, handkerchiefs exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, handkerchiefs imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctua...
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