Price for Wigs; Complete, of Synthetic Textile Materials in Panama - 2024
Contents:
- Price for Wigs; Complete, of Synthetic Textile Materials in Panama (CIF) - 2022
- Price for Wigs; Complete, of Synthetic Textile Materials in Panama (FOB) - 2022
- Imports of Wigs; Complete, of Synthetic Textile Materials in Panama
- Exports of Wigs; Complete, of Synthetic Textile Materials in Panama
Price for Wigs; Complete, of Synthetic Textile Materials in Panama (CIF) - 2022
The average import price for wigs; complete, of synthetic textile materialses stood at $6 per unit in 2022, shrinking by -35.6% against the previous year. Overall, the import price recorded a noticeable reduction. The pace of growth was the most pronounced in 2017 an increase of 64% against the previous year. The import price peaked at $9.8 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8.7 per unit), while the price for China ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-3.6%), while the prices for the other major suppliers experienced a decline.
Price for Wigs; Complete, of Synthetic Textile Materials in Panama (FOB) - 2022
In 2020, the average export price for wigs; complete, of synthetic textile materialses amounted to $119 per unit, shrinking by -13.5% against the previous year. Overall, the export price, however, saw a significant expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 94%. Over the period under review, the average export prices reached the maximum at $137 per unit in 2019, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($58 per unit), while the average price for exports to Aruba ($21 per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+37.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wigs; Complete, of Synthetic Textile Materials in Panama
In 2022, supplies from abroad of wigs; complete, of synthetic textile materialses was finally on the rise to reach 22K units after two years of decline. Overall, imports, however, saw a abrupt shrinkage. Imports peaked at 25K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of wigs; complete, of synthetic textile materialses surged to $130K in 2022. In general, imports recorded temperate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wigs; Complete, of Synthetic Textile Materials in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.8 | 61.1 | 17.0 | 96.4 | 17.9% |
| China | 19.4 | 33.5 | 1.4 | 27.7 | 12.6% |
| Free Zones | 44.1 | 11.9 | 6.4 | 3.4 | -57.4% |
| Others | 0.1 | 0.3 | 0.3 | 2.5 | 192.4% |
| Total | 122 | 107 | 25.2 | 130 | 2.1% |
Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Panama in 2022:
- United States (11.1K units)
- China (9.9K units)
- Free Zones (0.6K units)
Exports of Wigs; Complete, of Synthetic Textile Materials in Panama
In 2020, approx. 168 units of wigs; complete, of synthetic textile materialses were exported from Panama; dropping by -60.7% against the year before. In general, exports continue to indicate a sharp downturn. Over the period under review, the exports of reached the maximum at 427 units in 2019, and then shrank significantly in the following year.
In value terms, exports of wigs; complete, of synthetic textile materialses plummeted to $20K in 2020. Over the period under review, exports recorded a dramatic setback. The exports peaked at $58K in 2019, and then fell significantly in the following year.
| Export of Wigs; Complete, of Synthetic Textile Materials in Panama (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 |
| Guatemala | 2.4 | 4.2 | 75.0% |
| United States | 1.2 | 2.1 | 75.0% |
| Cuba | N/A | 0.7 | 0% |
| El Salvador | N/A | 0.4 | 0% |
| Guyana | 0.5 | 0.2 | -60.0% |
| Aruba | N/A | 0.1 | 0% |
| Dominican Republic | 1.9 | 0.1 | -94.7% |
| Nicaragua | 3.1 | N/A | 0% |
| Paraguay | 4.0 | N/A | 0% |
| Colombia | 2.4 | N/A | 0% |
| Others | 42.9 | 12.1 | -71.8% |
| Total | 58.5 | 19.9 | -66.0% |
Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Panama in 2022:
- Guatemala (78.0 units)
- United States (48.0 units)
- Cuba (17.0 units)
- Guyana (8.0 units)
- El Salvador (7.0 units)
- Aruba (6.0 units)
- Dominican Republic (2.0 units)
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