Price for Safety Pins and Other Pins; of Iron or Steel in Panama - 2024
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Panama (CIF) - 2022
- Price for Safety Pins and Other Pins; of Iron or Steel in Panama (FOB) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in Panama
- Exports of Safety Pins and Other Pins; of Iron or Steel in Panama
Price for Safety Pins and Other Pins; of Iron or Steel in Panama (CIF) - 2022
In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $6,381 per ton, which is down by -29.9% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 75%. Over the period under review, average import prices attained the peak figure at $12,829 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($29,662 per ton), while the price for China ($3,825 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Safety Pins and Other Pins; of Iron or Steel in Panama (FOB) - 2022
In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $1,537 per ton, shrinking by -19.1% against the previous year. In general, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 142% against the previous year. As a result, the export price reached the peak level of $5,657 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($3,642 per ton), while the average price for exports to Colombia ($361 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 Guatemala (+11.0%), while the prices for the other major destinations experienced a decline.
Imports of Safety Pins and Other Pins; of Iron or Steel in Panama
In 2022, the amount of safety pins and other pins; of iron or steels imported into Panama soared to 8 tons, picking up by 91% compared with 2021 figures. Over the period under review, imports, however, showed a abrupt decrease.
In value terms, imports of safety pins and other pins; of iron or steels soared to $51K in 2022. Overall, imports, however, showed a abrupt setback.
Import of Safety Pins and Other Pins; of Iron or Steel in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 15.4 | 15.0 | 17.2 | 20.6 | 10.2% |
China | 62.5 | 47.9 | 8.5 | 17.4 | -34.7% |
Japan | 11.4 | 9.2 | 10.1 | 7.9 | -11.5% |
United States | 2.2 | 11.6 | 2.6 | 4.7 | 28.8% |
Hong Kong SAR | 7.8 | N/A | N/A | N/A | 0% |
Others | N/A | 2.8 | N/A | 0.8 | -46.5% |
Total | 99.3 | 86.4 | 38.4 | 51.3 | -19.8% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Panama in 2022:
- China (4.5 tons)
- Free Zones (2.7 tons)
- United States (0.5 tons)
- Japan (0.3 tons)
Exports of Safety Pins and Other Pins; of Iron or Steel in Panama
After two years of decline, shipments abroad of safety pins and other pins; of iron or steels increased by 140% to 2.6 tons in 2022. Over the period under review, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of safety pins and other pins; of iron or steels skyrocketed to $4.1K in 2022. In general, exports, however, showed a noticeable contraction.
Export of Safety Pins and Other Pins; of Iron or Steel in Panama (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Grenada | 358 | 328 | 150 | 826 | 32.1% |
Guyana | 624 | 249 | 246 | 789 | 8.1% |
Trinidad and Tobago | 243 | N/A | 168 | 743 | 45.1% |
Dominican Republic | N/A | N/A | N/A | 584 | 0% |
Costa Rica | 1,322 | 1,216 | 828 | 388 | -33.5% |
Jamaica | 214 | 70.0 | 148 | 368 | 19.8% |
Belize | 279 | N/A | 103 | 235 | -5.6% |
Colombia | 15.0 | 183 | N/A | 79.0 | 74.0% |
Guatemala | 204 | 2,014 | 9.0 | N/A | -79.0% |
Others | 1,159 | 1,901 | 439 | 46.0 | -65.9% |
Total | 4,418 | 5,961 | 2,091 | 4,058 | -2.8% |
Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Panama in 2022:
- Guyana (729.0 kg)
- Grenada (685.0 kg)
- Belize (237.0 kg)
- Colombia (219.0 kg)
- Trinidad and Tobago (204.0 kg)
- Costa Rica (198.0 kg)
- Jamaica (180.0 kg)
- Dominican Republic (180.0 kg)
Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
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