Price for Knitted or Crocheted Pile Fabrics in Panama - 2023
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Panama (FOB) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Panama (CIF) - 2022
- Exports of Knitted or Crocheted Pile Fabrics in Panama
- Imports of Knitted or Crocheted Pile Fabrics in Panama
Price for Knitted or Crocheted Pile Fabrics in Panama (FOB) - 2022
In 2022, the average export price for knitted or crocheted pile fabricses amounted to $538 per ton, reducing by -92.2% against the previous year. In general, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 120%. Over the period under review, the average export prices attained the maximum at $6,918 per ton in 2021, and then fell markedly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($5,970 per ton), while the average price for exports to Chile ($284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Knitted or Crocheted Pile Fabrics in Panama (CIF) - 2022
In 2022, the average import price for knitted or crocheted pile fabricses amounted to $6,241 per ton, growing by 25% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 127% against the previous year. As a result, import price attained the peak level of $13,827 per ton. From 2014 to 2022, the average import prices remained at a 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 Belgium ($17,308 per ton), while the price for China ($3,322 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+154.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Knitted or Crocheted Pile Fabrics in Panama
In 2022, shipments abroad of knitted or crocheted pile fabricses was finally on the rise to reach 81 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, knitted or crocheted pile fabrics exports expanded sharply to $44K in 2022. Overall, exports, however, continue to indicate a pronounced setback.
| Export of Knitted or Crocheted Pile Fabrics in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | N/A | 21.8 | 0% |
| Colombia | 34.1 | 11.8 | 26.2 | 11.3 | -30.8% |
| El Salvador | 0.7 | N/A | 0.1 | 9.1 | 135.1% |
| Costa Rica | 0.5 | 4.5 | 3.3 | 0.8 | 17.0% |
| Ecuador | 4.7 | 15.8 | N/A | N/A | 236.2% |
| Grenada | 1.4 | 8.9 | N/A | N/A | 535.7% |
| Guyana | 7.7 | N/A | N/A | N/A | 0% |
| Others | N/A | 3.2 | 10.0 | 0.5 | -60.5% |
| Total | 48.9 | 44.3 | 39.6 | 43.6 | -3.8% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Panama in 2022:
- Chile (76.6 tons)
- Colombia (2.5 tons)
- El Salvador (1.5 tons)
- Costa Rica (0.3 tons)
Imports of Knitted or Crocheted Pile Fabrics in Panama
In 2022, supplies from abroad of knitted or crocheted pile fabricses decreased by -69.4% to 3.7 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 120% against the previous year. As a result, imports attained the peak of 12 tons, and then reduced notably in the following year.
In value terms, knitted or crocheted pile fabrics imports dropped dramatically to $23K in 2022. Overall, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 61%. As a result, imports reached the peak of $60K, and then shrank sharply in the following year.
| Import of Knitted or Crocheted Pile Fabrics in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.8 | 0.2 | N/A | 6.2 | -34.2% |
| Belgium | N/A | N/A | 1.8 | 5.4 | 200.0% |
| Free Zones | 6.8 | 23.8 | 44.3 | 5.2 | -8.6% |
| United States | N/A | N/A | 1.5 | 3.3 | 120.0% |
| Canada | N/A | N/A | N/A | 2.3 | 0% |
| Mexico | N/A | 10.0 | 10.9 | N/A | 9.0% |
| Others | 1.3 | 3.2 | 1.3 | 0.5 | -27.3% |
| Total | 29.9 | 37.2 | 59.8 | 22.9 | -8.5% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Panama in 2022:
- China (1869.0 kg)
- Free Zones (816.0 kg)
- United States (478.0 kg)
- Belgium (315.0 kg)
- Canada (149.0 kg)
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