Price for Yarn; of Flax, Single in Panama - 2022

Contents:

1. Price for Yarn; of Flax, Single in Panama (CIF) - 2022
2. Imports of Yarn; of Flax, Single in Panama

Price for Yarn; of Flax, Single in Panama (CIF) - 2022

In 2022, the average yarn; of flax, single import price amounted to $12,058 per ton, surging by 47% against the previous year. In general, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($14,655 per ton), while the price for China ($1,000 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+66.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Yarn; of Flax, Single in Panama

For the third year in a row, Panama recorded decline in purchases abroad of yarn; of flax, singles, which decreased by -39.5% to 396 kg in 2022. Overall, imports recorded a precipitous shrinkage. The smallest decline of -21.7% was in 2021.

In value terms, yarn; of flax, single imports contracted to $4.8K in 2022. Over the period under review, imports saw a deep contraction. The smallest decline of -5.6% was in 2021.

Top Suppliers of Yarn; of Flax, Single to Panama in 2022:

1. United States (206.0 kg)
2. Germany (175.0 kg)
3. Turkey (14.0 kg)

Source: IndexBox Market Intelligence Platform