Panama - Mattress Supports - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Panama - Mattress Supports - Market Analysis, Forecast, Size, Trends And Insights

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Mattress Support Price in Panama - 2023

Contents:

  1. Mattress Support Price in Panama (CIF) - 2022
  2. Mattress Support Price in Panama (FOB) - 2022
  3. Mattress Support Imports in Panama
  4. Mattress Support Exports in Panama

Mattress Support Price in Panama (CIF) - 2022

The average mattress support import price stood at $64 per unit in 2022, rising by 4.2% against the previous year. Over the period under review, the import price, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2016 an increase of 58% against the previous year. The import price peaked at $107 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($119 per unit), while the price for Honduras ($54 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Mattress Support Price in Panama (FOB) - 2022

In 2022, the average mattress support export price amounted to $76 per unit, leveling off at the previous year. Over the period under review, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 when the average export price increased by 24% against the previous year. The export price peaked at $132 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($76 per unit), while the average price for exports to Guyana ($36 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 Brazil (+63.9%), while the prices for the other major destinations experienced more modest paces of growth.

Mattress Support Imports in Panama

In 2022, the amount of mattress supports imported into Panama fell rapidly to 8.1K units, waning by -24.7% compared with the year before. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 88%. As a result, imports reached the peak of 11K units, and then declined rapidly in the following year.

In value terms, mattress support imports fell markedly to $515K in 2022. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 100% against the previous year. As a result, imports reached the peak of $656K, and then plummeted in the following year.

Import of Mattress Support in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras308142309251-6.6%
Mexico6.510.932.2153186.6%
El Salvador35.426.253.451.213.1%
China45.669.713337.4-6.4%
Spain15.81.926.62.0-49.8%
United States12934.133.41.6-76.9%
Guatemala54.434.243.7N/A-10.4%
Others19.58.124.718.5-1.7%
Total614327656515-5.7%

Top Suppliers of Mattress Support to Panama in 2022:

  1. United States (undefinedK units)
  2. Spain (undefinedK units)
  3. Honduras (4.7K units)
  4. Mexico (1.9K units)
  5. El Salvador (0.6K units)
  6. China (0.6K units)

Mattress Support Exports in Panama

In 2022, the amount of mattress supports exported from Panama totaled 175 units, remaining stable against the previous year. In general, exports showed a sharp reduction. The smallest decline of -35.9% was in 2020. Over the period under review, the exports attained the maximum at 587 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, mattress support exports stood at $13K in 2022. Overall, exports continue to indicate a significant decrease. The smallest decline of -42.9% was in 2020. The exports peaked at $46K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Mattress Support in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia27.20.2N/A4.6-44.7%
Dominican Republic12.61.3N/A2.3-43.3%
Cuba0.23.7N/A1.6100.0%
Honduras1.70.7N/A0.4-38.3%
Guyana0.41.1N/A0.40.0%
VenezuelaN/A4.9N/AN/A0%
GrenadaN/A1.4N/AN/A0%
ChileN/A3.0N/AN/A0%
Others4.410.0N/A3.9-3.9%
Total46.526.5N/A13.3-34.1%

Top Export Markets for Mattress Support from Panama in 2022:

  1. Colombia (60.0 units)
  2. Dominican Republic (59.0 units)
  3. Cuba (38.0 units)
  4. Guyana (12.0 units)
  5. Honduras (6.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mattress support 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 31031100 - Mattress supports (including wooden or metal frames fitted with springs or steel wire mesh, upholstered mattress bases, w ith wooden slats, divans)

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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