Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama - 2022

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama (FOB) - 2022
  2. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama (CIF) - 2022
  3. Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama
  4. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama (FOB) - 2022

In 2022, the average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $221 per unit, surging by 3.9% against the previous year. In general, the export price, however, continues to indicate a significant contraction. The most prominent rate of growth was recorded in 2013 an increase of 108% against the previous year. The export price peaked at $21,401 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($252 per unit), while the average price for exports to Trinidad and Tobago ($41 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 Jamaica (+125.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama (CIF) - 2022

The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $433 per unit in 2022, remaining constant against the previous year. In general, the import price continues to indicate a sharp setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 76%. Over the period under review, average import prices hit record highs at $23,936 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($432 per unit), while the price for Mexico stood at $1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+52.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama

Exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses from Panama was estimated at 4 units in 2022, standing approx. at the year before. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses expanded slightly to $664 in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 4.2% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica33539244850414.6%
El Salvador186164141119-13.8%
Trinidad and Tobago69.059.049.041.0-15.9%
OthersN/AN/AN/AN/A0%
Total5906156386644.0%

Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Panama in 2022:

  1. Costa Rica (2.0 units)
  2. El Salvador (1.0 units)
  3. Trinidad and Tobago (1.0 units)

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama

In 2022, the amount of weaving machines (looms); for weaving fabrics of a width 30cm or lesses imported into Panama totaled 2 units, standing approx. at 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses fell slightly to $433 in 2022. In general, imports showed a relatively flat trend pattern. The smallest decline of -0.2% was in 2021. Over the period under review, imports of reached the maximum at $438 in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea436435434432-0.3%
Mexico2.01.01.01.0-20.6%
OthersN/AN/AN/AN/A0%
Total438436435433-0.4%

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Panama in 2022:

  1. South Korea (1.0 units)
  2. Mexico (1.0 units)

Source: IndexBox Market Intelligence Platform

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