Yarn; of Coir Price in Panama - 2022

Contents:

1. Yarn; of Coir Price in Panama (CIF) - 2022
2. Yarn; of Coir Price in Panama (FOB) - 2022
3. Yarn; of Coir Imports in Panama
4. Yarn; of Coir Exports in Panama

Yarn; of Coir Price in Panama (CIF) - 2022

In 2022, the average yarn; of coir import price amounted to $1,468 per ton, declining by -3.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of 12% against the previous year. Over the period under review, average import prices attained the peak figure at $2,402 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -4.8% per year.

Yarn; of Coir Price in Panama (FOB) - 2022

The average yarn; of coir export price stood at $2,988 per ton in 2020, reducing by -40.3% against the previous year. Overall, the export price faced a dramatic downturn. Over the period under review, the average export prices attained the peak figure at $5,007 per ton in 2019, and then contracted dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Aruba.

From 2019 to 2020, the rate of growth in terms of prices for Jamaica amounted to 0.0% per year.

Yarn; of Coir Imports in Panama

In 2022, yarn; of coir imports into Panama dropped modestly to 9.1 tons, stabilizing at the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The smallest decline of -0.5% was in 2020.

In value terms, yarn; of coir imports fell modestly to $13K in 2022. In general, imports recorded a perceptible shrinkage. The smallest decline of -4.2% was in 2021.

Top Suppliers of Yarn; of Coir to Panama in 2022:

1. Spain (9.1 tons)

Yarn; of Coir Exports in Panama

Yarn; of coir exports from Panama soared to 502 kg in 2020, with an increase of 85% compared with 2019 figures. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of coir exports rose notably to $1.5K in 2020. The total export value increased at an average annual rate of +10.1% over the period from 2019 to 2020; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Yarn; of Coir from Panama in 2022:

1. Aruba (502.0 kg)

Source: IndexBox Market Intelligence Platform