Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama - 2024

Contents:

  1. Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama (CIF) - 2022
  2. Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama (FOB) - 2022
  3. Imports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama
  4. Exports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama

Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama (CIF) - 2022

The average import price for travel sets; for personal toilet, sewing, shoe or clothes cleanings stood at $1.3 per unit in 2022, stabilizing at the previous year. Overall, the import price posted buoyant growth. The pace of growth appeared the most rapid in 2019 an increase of 93%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($1.3 per unit) and Italy ($1.3 per unit), while the price for Japan ($1.3 per unit) and China ($1.3 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama (FOB) - 2022

In 2022, the average export price for travel sets; for personal toilet, sewing, shoe or clothes cleanings amounted to $4.5 per unit, declining by -79.4% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2020 when the average export price increased by 1,838% against the previous year. The export price peaked at $34 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($32 per unit), while the average price for exports to Barbados ($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 Jamaica (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama

For the third consecutive year, Panama recorded decline in supplies from abroad of travel sets; for personal toilet, sewing, shoe or clothes cleanings, which decreased by -32.7% to 101K units in 2022. Over the period under review, imports saw a precipitous shrinkage. Over the period under review, imports of attained the maximum at 1.4M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of travel sets; for personal toilet, sewing, shoe or clothes cleanings dropped dramatically to $130K in 2022. Overall, imports showed a sharp decrease. Over the period under review, imports of attained the peak figure at $1.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20039885.862.1-32.3%
China41035440.443.3-52.7%
Free Zones1805.034.09.0-63.2%
Costa Rica20.43.48.47.7-27.7%
Italy0.2137N/A2.4128.9%
Spain90.42.8N/A0.7-80.2%
Hong Kong SAR0.157.1N/AN/A57000.0%
Vietnam667N/AN/AN/A0%
Others11667.421.74.8-65.4%
Total1,6841,025190130-57.4%

Top Suppliers of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning to Panama in 2022:

  1. United States (49.0K units)
  2. China (34.1K units)
  3. Free Zones (7.1K units)
  4. Costa Rica (6.1K units)
  5. Italy (1.9K units)
  6. Spain (0.6K units)

Exports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama

In 2022, approx. 5.2K units of travel sets; for personal toilet, sewing, shoe or clothes cleanings were exported from Panama; reducing by -19.3% compared with the year before. Overall, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 360% against the previous year. Over the period under review, the exports of attained the maximum at 8.3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of travel sets; for personal toilet, sewing, shoe or clothes cleanings declined significantly to $23K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 247%. As a result, the exports reached the peak of $140K, and then fell notably in the following year.

Export of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belize0.2N/A0.813.0302.1%
EcuadorN/A1.4N/A4.375.3%
BarbadosN/A2.425.92.88.0%
Costa Rica0.42.80.71.140.1%
Guatemala6.95.82.01.1-45.8%
Saint Vincent and the GrenadinesN/A8.589.3N/A950.6%
Aruba2.40.50.2N/A-71.1%
Jamaica0.618.40.1N/A-59.2%
Others1.70.621.31.1-13.5%
Total12.340.414023.323.7%

Top Export Markets for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning from Panama in 2022:

  1. Belize (3230.0 units)
  2. Barbados (686.0 units)
  3. Guatemala (284.0 units)
  4. Costa Rica (261.0 units)
  5. Ecuador (135.0 units)

Source: IndexBox Market Intelligence Platform

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