Panama - Articles Such As Clasps, Frames With Clasps, Parts Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Clasp Price in Panama - 2023
Contents:
- Base Metal Clasp Price in Panama (CIF) - 2022
- Base Metal Clasp Price in Panama (FOB) - 2022
- Base Metal Clasp Imports in Panama
- Base Metal Clasp Exports in Panama
Base Metal Clasp Price in Panama (CIF) - 2022
The average base metal clasp import price stood at $8,689 per ton in 2022, waning by -6.4% against the previous year. In general, the import price, however, recorded a moderate increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 119% against the previous year. Over the period under review, average import prices hit record highs at $18,395 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($27,348 per ton), while the price for China ($3,950 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Clasp Price in Panama (FOB) - 2022
In 2022, the average base metal clasp export price amounted to $22,934 per ton, leveling off at the previous year. In general, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 63%. Over the period under review, the average export prices hit record highs at $23,291 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Trinidad and Tobago ($26,667 per ton) and Guatemala ($23,576 per ton), while the average price for exports to Curacao ($22,648 per ton) and Jamaica ($22,719 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Clasp Imports in Panama
In 2022, the amount of articles such as clasps, frames with clasps, parts of base metal imported into Panama declined to 17 tons, waning by -14.9% against the previous year's figure. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of 19 tons, and then fell in the following year.
In value terms, base metal clasp imports contracted sharply to $144K in 2022. Over the period under review, imports continue to indicate a dramatic curtailment.
| Import of Base Metal Clasp in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 103 | 67.2 | 41.1 | 38.7 | -27.8% |
| United States | 32.0 | 16.3 | 41.1 | 17.5 | -18.2% |
| Taiwan (Chinese) | 55.9 | 5.6 | 0.2 | 16.4 | -33.6% |
| Colombia | 5.2 | 23.1 | 22.9 | 14.1 | 39.4% |
| Costa Rica | 2.8 | 5.9 | 27.9 | 12.3 | 63.8% |
| Free Zones | 28.7 | 25.4 | 18.7 | 10.0 | -29.6% |
| Peru | 2.0 | 1.3 | 3.7 | 5.6 | 40.9% |
| Hong Kong SAR | 15.0 | 5.8 | N/A | 0.6 | -65.8% |
| Brazil | N/A | 18.0 | 4.5 | 0.2 | -89.5% |
| Japan | N/A | 41.4 | N/A | N/A | 0% |
| Others | 45.7 | 18.9 | 20.5 | 28.6 | -14.5% |
| Total | 290 | 229 | 181 | 144 | -20.8% |
Top Suppliers of Base Metal Clasp to Panama in 2022:
- China (9.8 tons)
- Free Zones (1.3 tons)
- Colombia (1.1 tons)
- Costa Rica (1.0 tons)
- Taiwan (Chinese) (0.9 tons)
- United States (0.9 tons)
- Peru (0.7 tons)
Base Metal Clasp Exports in Panama
For the third consecutive year, Panama recorded decline in overseas shipments of articles such as clasps, frames with clasps, parts of base metal, which decreased by 0% to 2.1 tons in 2022. Overall, exports faced a precipitous decrease. The smallest decline of -50.4% was in 2020.
In value terms, base metal clasp exports totaled $48K in 2022. Over the period under review, exports showed a dramatic curtailment. The smallest decline of -51.2% was in 2020.
| Export of Base Metal Clasp in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 51.4 | 14.2 | N/A | 15.0 | -33.7% |
| Colombia | 11.7 | 20.3 | N/A | 4.1 | -29.5% |
| Costa Rica | 13.2 | 18.7 | N/A | 3.8 | -34.0% |
| Honduras | 34.5 | 0.8 | N/A | 3.1 | -55.2% |
| United States | 4.6 | 0.1 | N/A | 1.4 | -32.7% |
| Jamaica | 0.5 | 0.1 | N/A | 1.3 | 37.5% |
| Curacao | 1.0 | 1.4 | N/A | 1.2 | 6.3% |
| Chile | 13.0 | 0.6 | N/A | 1.2 | -54.8% |
| Nicaragua | 5.1 | 3.5 | N/A | 0.9 | -43.9% |
| Guatemala | 8.3 | 0.5 | N/A | 0.8 | -54.2% |
| Barbados | 3.5 | 1.3 | N/A | 0.4 | -51.5% |
| Ecuador | 5.1 | N/A | N/A | N/A | 0% |
| Haiti | 6.9 | N/A | N/A | N/A | 0% |
| Others | 37.1 | 33.9 | N/A | 14.4 | -27.1% |
| Total | 196 | 95.5 | N/A | 47.8 | -37.5% |
Top Export Markets for Base Metal Clasp from Panama in 2022:
- Dominican Republic (660.0 kg)
- Colombia (178.0 kg)
- Costa Rica (163.0 kg)
- Honduras (134.0 kg)
- United States (62.0 kg)
- Jamaica (57.0 kg)
- Curacao (54.0 kg)
- Chile (52.0 kg)
- Nicaragua (39.0 kg)
- Guatemala (33.0 kg)
- Barbados (18.0 kg)
This report provides an in-depth analysis of the base metal clasp market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25992570 - Articles such as clasps, frames with clasps..., parts of base metal
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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