Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Panama - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Panama (CIF) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Panama
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Panama (CIF) - 2022
In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $15,331 per ton, growing by 39% against the previous year. Overall, the import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2017 an increase of 138% against the previous year. The import price peaked at $53,219 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +11.5% per year.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Panama
After two years of growth, supplies from abroad of yarn of combed wool, not put up for retail sale decreased by -51.3% to 5.7 tons in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 262%. As a result, imports attained the peak of 12 tons, and then declined dramatically in the following year.
In value terms, imports of yarn of combed wool, not put up for retail sale shrank significantly to $87K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 170% against the previous year. As a result, imports reached the peak of $128K, and then fell notably in the following year.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Free Zones | 47.0 | 125 | 86.9 | 36.0% | |
| China | N/A | 3.3 | N/A | 0% | |
| Others | 0.5 | N/A | N/A | 0% | |
| Total | 47.5 | 128 | 86.9 | 35.3% | |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Panama in 2022:
- Free Zones (5.7 tons)
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