Panama - Ceramic Household Articles And Toilet Articles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Panama - Ceramic Household Articles And Toilet Articles - Market Analysis, Forecast, Size, Trends and Insights

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Ceramic Household Article Price in Panama - 2023

Contents:

  1. Ceramic Household Article Price in Panama (CIF) - 2023
  2. Ceramic Household Article Price in Panama (FOB) - 2022
  3. Ceramic Household Article Imports in Panama
  4. Ceramic Household Article Exports in Panama

Ceramic Household Article Price in Panama (CIF) - 2023

In September 2023, the average ceramic household article import price amounted to $2,871 per ton, declining by -5.8% against the previous month. Overall, the import price showed a mild downturn. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 76% m-o-m. As a result, import price reached the peak level of $4,564 per ton. From April 2023 to September 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Turkey ($15,500 per ton), while the price for China ($1,775 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 Brazil (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Ceramic Household Article Price in Panama (FOB) - 2022

In 2022, the average ceramic household article export price amounted to $3,086 per ton, rising by 5.1% against the previous year. Over the period under review, the export price posted resilient growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 183%. The export price peaked at $6,893 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($7,691 per ton), while the average price for exports to Bolivia ($709 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 Belize (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Household Article Imports in Panama

For the third year in a row, Panama recorded decline in purchases abroad of ceramic household articles and toilet articles, which decreased by -7.8% to 1.7K tons in 2022. Overall, imports showed a significant contraction.

In value terms, ceramic household article imports surged to $6.6M in 2022. In general, imports faced a precipitous decline.

Import of Ceramic Household Article in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.46.42.42.6-40.6%
Free Zones1.40.91.51.40.0%
United States1.00.71.31.00.0%
PolandN/AN/AN/A0.80%
BrazilN/A0.1N/A0.10.0%
TurkeyN/AN/AN/A0.10%
Hong Kong SAR0.1N/AN/AN/A0%
Others1.52.80.40.6-26.3%
Total16.511.05.76.6-26.3%

Top Suppliers of Ceramic Household Article to Panama in 2022:

  1. China (967.4 tons)
  2. Free Zones (322.8 tons)
  3. Poland (132.1 tons)
  4. United States (132.0 tons)
  5. Brazil (38.7 tons)
  6. Hong Kong SAR (32.5 tons)
  7. Turkey (27.3 tons)

Ceramic Household Article Exports in Panama

In 2022, approx. 144 tons of ceramic household articles and toilet articles were exported from Panama; declining by -9.3% against 2021 figures. Over the period under review, exports continue to indicate a dramatic slump.

In value terms, ceramic household article exports contracted slightly to $445K in 2022. In general, exports faced a dramatic downturn.

Export of Ceramic Household Article in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guyana10898.746.387.1-6.9%
Jamaica20317634.285.8-25.0%
Guatemala25720131.743.4-44.7%
Barbados22.842.721.238.619.2%
Chile10612060.035.3-30.7%
Aruba69.349.422.730.7-23.8%
Dominican Republic22925727.519.2-56.2%
Belize51.028.025.518.6-28.6%
Costa Rica52833339.314.2-70.0%
Grenada24.726.26.714.1-17.0%
Trinidad and Tobago1751318.112.8-58.2%
Suriname49.613.82.96.1-50.3%
Bolivia7.015.0N/A2.5-29.1%
Others8,6475,38614136.6-83.8%
Total10,4776,877467445-65.1%

Top Export Markets for Ceramic Household Article from Panama in 2022:

  1. Guyana (44.3 tons)
  2. Jamaica (21.1 tons)
  3. Dominican Republic (20.4 tons)
  4. Chile (7.8 tons)
  5. Costa Rica (7.5 tons)
  6. Aruba (6.9 tons)
  7. Barbados (6.2 tons)
  8. Guatemala (5.6 tons)
  9. Grenada (3.8 tons)
  10. Belize (3.7 tons)
  11. Bolivia (3.5 tons)
  12. Trinidad and Tobago (3.2 tons)
  13. Suriname (2.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ceramic household article 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 23411130 - Porcelain or china tableware and kitchenware (excluding electro-thermic apparatus, coffee or spice mills with metal working parts)
  • Prodcom 23411150 - Household and toilet articles, n.e.c., of porcelain or china
  • Prodcom 23411210 - Ceramic tableware, other household articles : common pottery
  • Prodcom 23411230 - Ceramic tableware, other household articles : stoneware
  • Prodcom 23411250 - Ceramic tableware, other household articles : earthenware or fine pottery
  • Prodcom 23411290 - Ceramic tableware, other household articles : others

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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