Panama - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBituminous Mixtures Price in Panama - 2023
Contents:
- Bituminous Mixtures Price in Panama (CIF) - 2023
- Bituminous Mixtures Price in Panama (FOB) - 2022
- Bituminous Mixtures Imports in Panama
- Bituminous Mixtures Exports in Panama
Bituminous Mixtures Price in Panama (CIF) - 2023
The average bituminous mixtures import price stood at $825 per ton in September 2023, increasing by 21% against the previous month. Overall, the import price, however, recorded a slight setback. The import price peaked at $946 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,860 per ton), while the price for Guatemala ($649 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Bituminous Mixtures Price in Panama (FOB) - 2022
The average bituminous mixtures export price stood at $747 per ton in 2022, picking up by 4.8% against the previous year. Overall, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26% against the previous year. The export price peaked at $3,029 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($2,174 per ton), while the average price for exports to Venezuela ($470 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+0.1%), while the prices for the other major destinations experienced a decline.
Bituminous Mixtures Imports in Panama
In 2022, the amount of bituminous mixtures imported into Panama shrank remarkably to 36K tons, falling by -31.1% on the previous year. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 70%. As a result, imports reached the peak of 52K tons, and then shrank sharply in the following year.
In value terms, bituminous mixtures imports declined to $33M in 2022. In general, imports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year.
| Import of Bituminous Mixtures in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 24.0 | 10.3 | 18.5 | 21.9 | -3.0% |
| United States | 9.1 | 5.5 | 11.6 | 5.5 | -15.5% |
| Guatemala | 2.4 | 3.3 | 4.9 | 5.2 | 29.4% |
| Russia | 1.4 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
| Total | 37.2 | 19.4 | 35.5 | 32.8 | -4.1% |
Top Suppliers of Bituminous Mixtures to Panama in 2022:
- Free Zones (22.9K tons)
- Guatemala (7.2K tons)
- United States (5.9K tons)
Bituminous Mixtures Exports in Panama
In 2022, after three years of growth, there was significant decline in shipments abroad of bituminous mixtures, when their volume decreased by -47.1% to 93 tons. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,286%. As a result, the exports reached the peak of 176 tons, and then reduced markedly in the following year.
In value terms, bituminous mixtures exports declined notably to $69K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 828%. As a result, the exports attained the peak of $125K, and then reduced dramatically in the following year.
| Export of Bituminous Mixtures in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 1.4 | 2.5 | 22.8 | 11.3 | 100.6% |
| Cuba | 1.1 | 2.0 | 17.3 | 8.3 | 96.1% |
| Colombia | 0.4 | 0.7 | 9.5 | 5.6 | 141.0% |
| Costa Rica | 0.2 | 0.4 | 4.4 | 2.6 | 135.1% |
| Venezuela | 0.2 | 0.4 | 3.0 | 1.4 | 91.3% |
| United States | 5.2 | N/A | N/A | N/A | 0% |
| Nicaragua | N/A | 1.5 | N/A | N/A | 0% |
| Others | 3.0 | 6.0 | 68.2 | 40.2 | 137.5% |
| Total | 11.5 | 13.5 | 125 | 69.3 | 82.0% |
Top Export Markets for Bituminous Mixtures from Panama in 2022:
- Cuba (12.4 tons)
- Dominican Republic (5.2 tons)
- Colombia (5.0 tons)
- Venezuela (3.0 tons)
- Costa Rica (1.7 tons)
This report provides an in-depth analysis of the bituminous mixtures 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 23991310 - Bituminous mixtures based on natural and artificial aggregate and bitumen or natural asphalt as a binder
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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This report provides an in-depth analysis of the bituminous mixtures market in Panama.
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This report provides an in-depth analysis of the global bituminous mixtures market.
63
This report provides an in-depth analysis of the bituminous mixtures market in Panama.
775
This report provides an in-depth analysis of the global bituminous mixtures market.
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