Wooden Door Price in Panama - 2022
Contents:
- Wooden Door Price in Panama (CIF) - 2022
- Wooden Door Price in Panama (FOB) - 2022
- Wooden Door Imports in Panama
- Wooden Door Exports in Panama
Wooden Door Price in Panama (CIF) - 2022
The average wooden door import price stood at $46 per unit in 2022, jumping by 51% against the previous year. In general, the import price, however, recorded a pronounced slump. The growth pace was the most rapid in 2015 when the average import price increased by 57%. Over the period under review, average import prices attained the peak figure at $76 per unit in 2012; however, from 2013 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 Colombia ($5.6 per unit), while the price for Chile ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Wooden Door Price in Panama (FOB) - 2022
The average wooden door export price stood at $50 per unit in 2022, surging by 4.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 51%. As a result, the export price reached the peak level of $78 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($4.6 per unit), while the average price for exports to Costa Rica ($2.7 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 Aruba (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Door Imports in Panama
In 2022, approx. 398K units of doors and their frames and thresholds of wood were imported into Panama; with a decrease of -14% compared with the previous year. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 118% against the previous year. As a result, imports reached the peak of 463K units, and then dropped in the following year.
In value terms, wooden door imports surged to $18M in 2022. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 131%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
Import of Wooden Door in Panama (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 2.5 | 1.1 | 4.3 | 3.0 | 6.3% |
Brazil | 3.1 | 1.5 | 4.1 | 2.8 | -3.3% |
Italy | 1.9 | 1.2 | 1.9 | 1.3 | -11.9% |
China | 1.3 | 0.6 | 1.5 | 1.0 | -8.4% |
Spain | 1.8 | 0.3 | 0.5 | 0.6 | -30.7% |
Colombia | 1.6 | 0.4 | 0.6 | 0.6 | -27.9% |
Ecuador | 0.4 | 0.4 | 0.5 | 0.3 | -9.1% |
Chile | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
Others | 0.5 | 0.4 | 0.4 | 8.6 | 158.1% |
Total | 13.2 | 6.1 | 14.1 | 18.3 | 11.5% |
Top Suppliers of Wooden Door to Panama in 2022:
- Brazil (2067.7K units)
- Guatemala (1578.5K units)
- China (460.2K units)
- Italy (237.0K units)
- Chile (234.3K units)
- Spain (187.3K units)
- Ecuador (121.8K units)
- Colombia (108.8K units)
Wooden Door Exports in Panama
In 2022, exports of doors and their frames and thresholds of wood from Panama shrank to 3.2K units, declining by -8.8% compared with 2021. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. Over the period under review, the exports reached the peak figure at 5.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wooden door exports shrank slightly to $160K in 2022. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 11%. The exports peaked at $264K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Wooden Door in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | 39.0 | 93.7 | 50.0 | 51.1 | 9.4% |
Honduras | 2.4 | 20.4 | 33.2 | 33.9 | 141.7% |
Aruba | 22.7 | 1.3 | 5.0 | 6.7 | -33.4% |
Saint Maarten (Dutch part) | 7.2 | 0.7 | N/A | N/A | -90.3% |
United States | 7.7 | N/A | 17.6 | N/A | 51.2% |
Others | 185 | 36.1 | 62.4 | 68.4 | -28.2% |
Total | 264 | 152 | 168 | 160 | -15.4% |
Top Export Markets for Wooden Door from Panama in 2022:
- Costa Rica (19.2K units)
- Honduras (12.1K units)
- Aruba (1.5K units)
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