Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Panama - 2022

Contents:

1. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Panama (FOB) - 2022
2. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Panama (CIF) - 2022
3. Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Panama
4. Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Panama

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Panama (FOB) - 2022

In 2022, the average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $12,987 per ton, shrinking by -11.6% against the previous year. Over the period under review, the export price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2013 an increase of 80% against the previous year. As a result, the export price attained the peak level of $29,833 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Venezuela.

From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to -2.4% per year.

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Panama (CIF) - 2022

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $10,083 per ton in 2022, rising by 14% against the previous year. In general, the import price, however, showed a slight downturn. The pace of growth was the most pronounced in 2018 an increase of 100% against the previous year. The import price peaked at $13,621 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.7% per year.

Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Panama

Exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s from Panama surged to 844 kg in 2022, jumping by 54% against 2021 figures. Overall, exports, however, recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 119%.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s surged to $11K in 2022. Over the period under review, exports, however, showed a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 57%.

Top Export Markets for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) from Panama in 2022:

1. Venezuela (844.0 kg)

Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Panama

In 2022, purchases abroad of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by -17.8% to 60 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. As a result, imports reached the peak of 152 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s shrank to $605 in 2022. In general, imports saw a abrupt curtailment. The smallest decline of -6.6% was in 2021.

Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to Panama in 2022:

1. United States (60.0 kg)

Source: IndexBox Market Intelligence Platform