Wood; Clothes Hangers Price in Panama - 2023
Contents:
- Wood; Clothes Hangers Price in Panama (CIF) - 2022
- Wood; Clothes Hangers Price in Panama (FOB) - 2022
- Wood; Clothes Hangers Imports in Panama
- Wood; Clothes Hangers Exports in Panama
Wood; Clothes Hangers Price in Panama (CIF) - 2022
The average wood; clothes hangers import price stood at $3,612 per ton in 2022, which is down by -14% against the previous year. In general, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2015 an increase of 68%. Over the period under review, average import prices reached the peak figure at $4,915 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11,540 per ton), while the price for China ($2,391 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+31.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Wood; Clothes Hangers Price in Panama (FOB) - 2022
In 2022, the average wood; clothes hangers export price amounted to $2,000 per ton, declining by -54.1% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 91% against the previous year. Over the period under review, the average export prices reached the maximum at $7,066 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Cuba.
From 2012 to 2022, the rate of growth in terms of prices for Bahamas amounted to +7.0% per year.
Wood; Clothes Hangers Imports in Panama
In 2022, purchases abroad of wood; clothes hangerses was finally on the rise to reach 23 tons after two years of decline. Overall, imports, however, saw a precipitous decrease.
In value terms, wood; clothes hangers imports expanded remarkably to $83K in 2022. In general, imports, however, continue to indicate a dramatic setback.
| Import of Wood; Clothes Hangers in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 47.4 | 16.4 | 13.1 | 39.4 | -6.0% |
| China | 177 | 96.9 | 32.9 | 32.5 | -43.2% |
| Italy | 2.2 | N/A | N/A | 5.9 | 38.9% |
| Hong Kong SAR | 56.6 | N/A | 13.6 | N/A | -51.0% |
| Others | 17.4 | 12.0 | 15.9 | 5.5 | -31.9% |
| Total | 301 | 125 | 75.4 | 83.4 | -34.8% |
Top Suppliers of Wood; Clothes Hangers to Panama in 2022:
- China (13.6 tons)
- Free Zones (8.4 tons)
- Italy (0.5 tons)
Wood; Clothes Hangers Exports in Panama
Wood; clothes hangers exports from Panama dropped dramatically to 720 kg in 2022, with a decrease of -66.4% against 2021 figures. In general, exports faced a significant decline. The smallest decline of -20.6% was in 2021.
In value terms, wood; clothes hangers exports shrank significantly to $1.4K in 2022. Over the period under review, exports recorded a precipitous decline. The smallest decline of -32.4% was in 2021.
| Export of Wood; Clothes Hangers in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | N/A | N/A | N/A | 1.4 | 0% |
| Saint Vincent and the Grenadines | 1.1 | N/A | N/A | N/A | 0% |
| Paraguay | 2.4 | N/A | N/A | N/A | 0% |
| Chile | N/A | 4.7 | 2.9 | N/A | -38.3% |
| Aruba | 1.5 | 4.7 | 1.4 | N/A | -3.4% |
| Guatemala | 28.1 | N/A | 2.0 | N/A | -73.3% |
| Trinidad and Tobago | 3.2 | 1.3 | N/A | N/A | -59.4% |
| Bahamas | 3.3 | 0.9 | N/A | N/A | -72.7% |
| Saint Lucia | 0.7 | N/A | N/A | N/A | 0% |
| Jamaica | 3.2 | 1.3 | 1.4 | N/A | -33.9% |
| Others | 3.9 | 0.9 | 1.6 | N/A | -35.9% |
| Total | 47.4 | 13.8 | 9.3 | 1.4 | -69.1% |
Top Export Markets for Wood; Clothes Hangers from Panama in 2022:
- Cuba (720.0 kg)
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