Price for Blankets and Travelling Rugs in Panama - 2023
Contents:
- Price for Blankets and Travelling Rugs in Panama (CIF) - 2023
- Price for Blankets and Travelling Rugs in Panama (FOB) - 2022
- Imports of Blankets and Travelling Rugs in Panama
- Exports of Blankets and Travelling Rugs in Panama
Price for Blankets and Travelling Rugs in Panama (CIF) - 2023
The average blankets and travelling rugs import price stood at $7.1 per unit in July 2023, rising by 37% against the previous month. In general, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in September 2022 an increase of 123% m-o-m. As a result, import price reached the peak level of $15.4 per unit. From October 2022 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($12.8 per unit), while the price for China ($4.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Guatemala (+5.3%), while the prices for the other major suppliers experienced a decline.
Price for Blankets and Travelling Rugs in Panama (FOB) - 2022
In 2022, the average blankets and travelling rugs export price amounted to $7.7 per unit, increasing by 30% against the previous year. Over the period under review, the export price, however, faced a dramatic slump. The pace of growth was the most pronounced in 2021 an increase of 40%. Over the period under review, the average export prices reached the maximum at $275 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($14 per unit), while the average price for exports to El Salvador ($3.4 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 Venezuela (+95.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Blankets and Travelling Rugs in Panama
After two years of decline, purchases abroad of blankets and travelling rugses increased by 120% to 35K units in 2022. Over the period under review, imports, however, faced a significant decline. Imports peaked at 158K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, blankets and travelling rugs imports skyrocketed to $1.8M in 2022. In general, imports, however, recorded a dramatic setback. Imports peaked at $7.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Blankets and Travelling Rugs in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6,150 | 4,886 | 785 | 819 | -48.9% |
| Free Zones | 419 | 133 | 258 | 438 | 1.5% |
| United States | 339 | 87.8 | 341 | 414 | 6.9% |
| Pakistan | 27.6 | 1.3 | N/A | 49.3 | 21.3% |
| Spain | 7.6 | 8.1 | 11.1 | 25.4 | 49.5% |
| Mexico | 27.4 | 29.5 | 10.2 | 13.9 | -20.2% |
| India | 160 | 223 | 3.3 | 5.0 | -68.5% |
| Others | 136 | 332 | 76.7 | 37.0 | -35.2% |
| Total | 7,266 | 5,701 | 1,485 | 1,802 | -37.2% |
Top Suppliers of Blankets and Travelling Rugs to Panama in 2022:
- Pakistan (14.8K units)
- China (7.9K units)
- Free Zones (4.8K units)
- United States (2.9K units)
- Spain (1.7K units)
- India (0.9K units)
- Mexico (0.7K units)
Exports of Blankets and Travelling Rugs in Panama
In 2022, approx. 59K units of blankets and travelling rugses were exported from Panama; dropping by -38.8% on the year before. In general, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of 97K units, and then dropped dramatically in the following year.
In value terms, blankets and travelling rugs exports plummeted to $456K in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 57% against the previous year. As a result, the exports attained the peak of $575K, and then declined remarkably in the following year.
| Export of Blankets and Travelling Rugs in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belize | 261 | 81.7 | 61.2 | 106 | -25.9% |
| Philippines | N/A | N/A | 17.0 | 57.0 | 235.3% |
| Costa Rica | 44.8 | 42.0 | 90.4 | 48.3 | 2.5% |
| Jamaica | 13.2 | 34.4 | 32.4 | 39.8 | 44.5% |
| Suriname | 2.9 | 1.6 | 13.9 | 29.3 | 116.2% |
| Barbados | 3.8 | 5.5 | 7.3 | 21.2 | 77.4% |
| Guyana | 36.8 | 17.5 | 24.4 | 19.5 | -19.1% |
| Grenada | 4.6 | 1.8 | 6.4 | 12.0 | 37.7% |
| Paraguay | 51.6 | 2.3 | 2.6 | 10.1 | -41.9% |
| Trinidad and Tobago | 13.5 | 13.0 | 27.3 | 6.2 | -22.8% |
| Guatemala | 66.2 | 101 | 153 | 6.2 | -54.6% |
| El Salvador | 0.1 | 0.1 | N/A | 4.1 | 244.8% |
| Nicaragua | N/A | N/A | 49.6 | 0.3 | -99.4% |
| Others | 68.9 | 65.0 | 89.0 | 95.9 | 11.7% |
| Total | 568 | 366 | 575 | 456 | -7.1% |
Top Export Markets for Blankets and Travelling Rugs from Panama in 2022:
- Nicaragua (undefinedK units)
- Belize (16.6K units)
- Philippines (6.9K units)
- Costa Rica (4.8K units)
- Barbados (4.8K units)
- Guyana (4.0K units)
- Grenada (3.3K units)
- Jamaica (2.8K units)
- Suriname (2.5K units)
- El Salvador (1.2K units)
- Guatemala (1.2K units)
- Trinidad and Tobago (0.8K units)
- Paraguay (0.5K units)
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
1599
China dominates in the global blanket and traveling rug trade. In 2014, China exported X million USD, X% over than the year before. Its primary trading partner was the U.S., where it supplied X% of its total blanket and traveling rug exports in v
