Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama (FOB) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $2,701 per ton, picking up by 16% against the previous year. Overall, the export price showed a noticeable expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 165%. As a result, the export price reached the peak level of $3,417 per ton. From 2016 to 2022, the average 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 Jamaica ($8,167 per ton), while the average price for exports to Trinidad and Tobago ($1,462 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 Venezuela (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $3,971 per ton in 2021, which is down by -22.1% against the previous year. Over the period under review, the import price recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 116% against the previous year. Over the period under review, average import prices attained the peak figure at $9,765 per ton in 2014; however, from 2015 to 2021, 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 China.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +16.3% per year.
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama
In 2022, shipments abroad of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -80.8% to 231 kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 380% against the previous year. As a result, the exports attained the peak of 1.5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses contracted dramatically to $624 in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. As a result, the exports reached the peak of $2.8K, and then dropped significantly in the following year.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guyana | 9.0 | 59.0 | 269 | 311 | 225.7% |
| Jamaica | N/A | N/A | 156 | 294 | 88.5% |
| Trinidad and Tobago | N/A | N/A | N/A | 19.0 | 0% |
| Barbados | 16.0 | 158 | 937 | N/A | 665.3% |
| Aruba | N/A | N/A | 376 | N/A | 0% |
| Guatemala | 853 | N/A | N/A | N/A | 0% |
| Costa Rica | N/A | 1,330 | N/A | N/A | 0% |
| Belize | 76.0 | 65.0 | 930 | N/A | 249.8% |
| Others | N/A | 3.0 | 143 | N/A | 4666.7% |
| Total | 954 | 1,615 | 2,811 | 624 | -13.2% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Panama in 2022:
- Guyana (182.0 kg)
- Jamaica (36.0 kg)
- Trinidad and Tobago (13.0 kg)
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama
In 2021, approx. 2.3 tons of wadding; other articles thereof, other than of cotton or man-made fibreses were imported into Panama; increasing by 240% against 2020. Over the period under review, imports, however, faced a sharp setback.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses soared to $9.3K in 2021. In general, imports, however, continue to indicate a sharp shrinkage.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Panama (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| China | 20.1 | N/A | 9.3 | -32.0% |
| Free Zones | N/A | 3.5 | N/A | 0% |
| Italy | 34.4 | N/A | N/A | 0% |
| Others | 1.9 | N/A | N/A | 0% |
| Total | 56.5 | 3.5 | 9.3 | -59.4% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Panama in 2022:
- China (2.3 tons)
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