Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama - 2024
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama (CIF) - 2022
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama (FOB) - 2022
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama (CIF) - 2022
In 2022, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $2.5 per square meter, picking up by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($2.9 per square meter), while the price for Colombia ($1.4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama (FOB) - 2022
The average export price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $1.6 per square meter in 2022, rising by 5.2% against the previous year. In general, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 82%. The export price peaked at $1.9 per square meter in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($5.7 per square meter), while the average price for exports to Grenada ($0.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama
After two years of decline, supplies from abroad of textile fabrics, rubberised; other than those of heading no. 5902s increased by 15% to 187K square meters in 2022. Over the period under review, imports, however, recorded a abrupt slump. Imports peaked at 356K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s skyrocketed to $459K in 2022. In general, imports, however, showed a abrupt shrinkage. Over the period under review, imports of attained the maximum at $619K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 274 | 94.4 | 221 | 330 | 6.4% |
| China | 168 | 179 | 39.7 | 79.6 | -22.0% |
| Free Zones | 40.4 | 17.3 | 22.2 | 22.7 | -17.5% |
| Canada | 7.8 | 5.2 | 10.2 | 15.2 | 24.9% |
| Colombia | 7.6 | 0.2 | N/A | 8.7 | 4.6% |
| Italy | 31.4 | 0.2 | N/A | 0.2 | -81.5% |
| Hong Kong SAR | 55.2 | 14.5 | N/A | N/A | -73.7% |
| Dominican Republic | N/A | 46.4 | N/A | N/A | 0% |
| Spain | 0.9 | 31.3 | 0.3 | N/A | -42.3% |
| Others | 33.9 | 31.4 | 15.3 | 3.2 | -54.5% |
| Total | 619 | 420 | 309 | 459 | -9.5% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Panama in 2022:
- United States (133.0K square meters)
- China (27.3K square meters)
- Free Zones (13.9K square meters)
- Colombia (6.1K square meters)
- Canada (5.2K square meters)
Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama
Exports of textile fabrics, rubberised; other than those of heading no. 5902s from Panama soared to 42K square meters in 2022, surging by 45% against the year before. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 255% against the previous year. As a result, the exports attained the peak of 67K square meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s surged to $66K in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 402% against the previous year. As a result, the exports attained the peak of $105K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 2.2 | 9.1 | 16.6 | 22.1 | 115.8% |
| Nicaragua | N/A | N/A | 9.4 | 16.9 | 79.8% |
| Suriname | N/A | 8.3 | N/A | 13.1 | 25.6% |
| Guatemala | 3.8 | 2.7 | 3.8 | 4.8 | 8.1% |
| Guyana | 0.6 | 0.2 | N/A | 4.7 | 98.6% |
| Costa Rica | 2.9 | 81.2 | 0.3 | 2.4 | -6.1% |
| Grenada | 0.4 | N/A | 0.4 | 0.4 | 0.0% |
| Belize | 2.1 | 0.7 | 0.3 | 0.3 | -47.7% |
| Dominican Republic | 6.2 | N/A | N/A | N/A | 0% |
| Others | 2.7 | 2.6 | 12.2 | 0.8 | -33.3% |
| Total | 20.9 | 105 | 42.9 | 65.5 | 46.3% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Panama in 2022:
- Aruba (17.9K square meters)
- Nicaragua (9.0K square meters)
- Suriname (8.1K square meters)
- Costa Rica (2.1K square meters)
- Guatemala (2.0K square meters)
- Guyana (0.8K square meters)
- Grenada (0.8K square meters)
- Belize (0.4K square meters)
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