Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama - 2024
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama (CIF) - 2022
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama (CIF) - 2022
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $15 per unit in 2022, rising by 17% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Colombia ($15 per unit) and Free Zones ($15 per unit), while the price for Vietnam ($15 per unit) and China ($15 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama (FOB) - 2022
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $19 per unit in 2022, jumping by 115% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for track suits; of synthetic fibres, knitted or crocheteds decreased by -11.1% against 2020 indices. The export price peaked at $22 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($29 per unit), while the average price for exports to the Dominican Republic ($10 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 Venezuela (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama
Imports of track suits; of synthetic fibres, knitted or crocheteds into Panama shrank sharply to 12K units in 2022, with a decrease of -43.1% compared with the previous year. Over the period under review, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. Over the period under review, imports of attained the maximum at 67K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds contracted notably to $187K in 2022. In general, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 91% against the previous year. Imports peaked at $854K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.1 | 3.8 | 5.7 | 83.4 | 102.1% |
| Free Zones | 181 | 10.6 | 201 | 39.7 | -39.7% |
| Vietnam | 5.8 | 11.5 | 43.5 | 28.6 | 70.2% |
| China | 211 | 75.5 | 20.9 | 25.9 | -50.3% |
| Colombia | 19.1 | 9.2 | 4.8 | 6.6 | -29.8% |
| Guatemala | 104 | N/A | N/A | N/A | 0% |
| Cambodia | 197 | 2.0 | N/A | N/A | -99.0% |
| El Salvador | 69.1 | N/A | N/A | N/A | 0% |
| Others | 56.6 | 34.0 | 4.5 | 2.4 | -65.1% |
| Total | 854 | 147 | 280 | 187 | -39.7% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Panama in 2022:
- United States (5.5K units)
- Free Zones (2.6K units)
- Vietnam (1.9K units)
- China (1.7K units)
- Colombia (0.4K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama
In 2022, shipments abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -78.1% to 647 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 184%. As a result, the exports attained the peak of 2.9K units, and then shrank markedly in the following year.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds contracted remarkably to $12K in 2022. Overall, exports, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2020 with an increase of 98% against the previous year. The exports peaked at $26K in 2021, and then contracted rapidly in the following year.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | 17.1 | 4.3 | 6.1 | -40.3% |
| Costa Rica | 7.9 | 0.3 | 1.5 | 4.6 | -16.5% |
| Jamaica | N/A | 0.4 | N/A | 1.4 | 87.1% |
| Iceland | N/A | N/A | N/A | 0.2 | 0% |
| Dominican Republic | N/A | N/A | N/A | 0.2 | 0% |
| Paraguay | N/A | 4.4 | 20.5 | N/A | 365.9% |
| Guatemala | 2.9 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.3 | 0.1 | N/A | -55.3% |
| Total | 11.4 | 22.5 | 26.5 | 12.5 | 3.1% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Panama in 2022:
- Costa Rica (305.0 units)
- Chile (210.0 units)
- Jamaica (102.0 units)
- Dominican Republic (18.0 units)
- Iceland (12.0 units)
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