Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Panama - 2024

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Panama (FOB) - 2022
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Panama (CIF) - 2022
3. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Panama
4. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Panama

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Panama (FOB) - 2022

The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $1,411 per ton in 2022, shrinking by -30.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 31%. As a result, the export price reached the peak level of $2,033 per ton, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($2,814 per ton), while the average price for exports to Jamaica ($5.4 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 Barbados (+24.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Panama (CIF) - 2022

In 2022, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $2,192 per ton, growing by 3.9% against the previous year. In general, the import price, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by 42%. Over the period under review, average import prices hit record highs at $2,819 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,269 per ton), while the price for China stood at $1,920 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.7%).

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Panama

After two years of decline, overseas shipments of waste (including noils, yarn waste and garnetted stock), of man-made fibreses increased by 24% to 1 tons in 2022. In general, exports, however, saw a abrupt setback.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses declined to $1.4K in 2022. Over the period under review, exports, however, saw a deep slump. The smallest decline of -7.1% was in 2020.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Panama in 2022:

1. Venezuela (430.0 kg)
2. Jamaica (371.0 kg)
3. Guatemala (173.0 kg)
4. Costa Rica (37.0 kg)

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Panama

In 2022, the amount of waste (including noils, yarn waste and garnetted stock), of man-made fibreses imported into Panama declined notably to 343 kg, with a decrease of -58.6% against 2021. Overall, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 496% against the previous year. As a result, imports attained the peak of 828 kg, and then shrank sharply in the following year.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses contracted remarkably to $752 in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 607% against the previous year. As a result, imports reached the peak of $1.7K, and then contracted dramatically in the following year.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Panama in 2022:

1. United States (268.0 kg)
2. China (75.0 kg)

Source: IndexBox Market Intelligence Platform