Panama - Iron Or Steel Flexible Tubing - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Flexible Tubing Price in Panama - 2023
Contents:
- Metal Flexible Tubing Price in Panama (CIF) - 2022
- Metal Flexible Tubing Price in Panama (FOB) - 2022
- Metal Flexible Tubing Imports in Panama
- Metal Flexible Tubing Exports in Panama
Metal Flexible Tubing Price in Panama (CIF) - 2022
In 2022, the average metal flexible tubing import price amounted to $5,875 per ton, picking up by 8.4% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal flexible tubing import price increased by +19.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 119% against the previous year. The import price peaked at $5,937 per ton in 2018; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($18,830 per ton), while the price for Colombia ($3,359 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Flexible Tubing Price in Panama (FOB) - 2022
The average metal flexible tubing export price stood at $25,103 per ton in 2022, remaining constant against the previous year. In general, the export price recorded a strong expansion. The growth pace was the most rapid in 2017 an increase of 104%. The export price peaked at $25,104 per ton in 2020; afterwards, it flattened through to 2022.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($25,274 per ton), while the average price for exports to Costa Rica amounted to $22,724 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+40.6%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Flexible Tubing Imports in Panama
In 2022, the amount of iron or steel flexible tubing imported into Panama soared to 105 tons, increasing by 30% against the year before. Over the period under review, imports, however, recorded a deep slump.
In value terms, metal flexible tubing imports soared to $619K in 2022. Overall, imports, however, saw a noticeable descent.
Import of Metal Flexible Tubing in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 71.9 | 48.3 | 127 | 192 | 38.7% |
China | 352 | 159 | 104 | 138 | -26.8% |
United States | 123 | 74.0 | 144 | 112 | -3.1% |
Free Zones | 57.5 | 24.2 | 34.9 | 85.6 | 14.2% |
Denmark | 7.5 | N/A | N/A | 30.7 | 60.0% |
South Korea | 55.2 | 19.0 | N/A | 17.1 | -32.3% |
Others | 23.5 | 72.3 | 30.0 | 43.4 | 22.7% |
Total | 690 | 397 | 440 | 619 | -3.6% |
Top Suppliers of Metal Flexible Tubing to Panama in 2022:
- Colombia (57.1 tons)
- China (26.2 tons)
- United States (9.0 tons)
- Free Zones (8.3 tons)
- Denmark (1.6 tons)
- South Korea (0.7 tons)
Metal Flexible Tubing Exports in Panama
In 2022, overseas shipments of iron or steel flexible tubing decreased by 0% to 1.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 49%. As a result, the exports reached the peak of 2.3 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal flexible tubing exports stood at $29K in 2022. Overall, exports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2020 when exports increased by 73%. As a result, the exports reached the peak of $58K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Metal Flexible Tubing in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Trinidad and Tobago | 2.8 | 19.7 | N/A | 19.8 | 91.9% |
Costa Rica | 3.0 | 0.6 | N/A | 1.7 | -17.2% |
Ecuador | N/A | 25.3 | N/A | N/A | 0% |
Nicaragua | 4.7 | N/A | N/A | N/A | 0% |
Colombia | 2.9 | N/A | N/A | N/A | 0% |
United States | 15.0 | 4.7 | N/A | N/A | -68.7% |
Others | 5.3 | 7.8 | N/A | 7.6 | 12.8% |
Total | 33.6 | 58.1 | N/A | 29.0 | -4.8% |
Top Export Markets for Metal Flexible Tubing from Panama in 2022:
- Trinidad and Tobago (782.0 kg)
- Costa Rica (76.0 kg)
This report provides an in-depth analysis of the metal flexible tubing 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 25992983 - Iron or steel flexible tubing (excluding rubber tubing incorporating or fitted with external metallic reinforcements, f lexible tubing made into the form of machinery or vehicle parts)
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
This report provides an in-depth analysis of the metal flexible tubing market in Panama.
This report provides an in-depth analysis of the market for base metal flexible tubing in Panama.
This report provides an in-depth analysis of the global metal flexible tubing market.
This report provides an in-depth analysis of the global market for base metal flexible tubing.
This report provides an in-depth analysis of the metal flexible tubing market in Panama.
This report provides an in-depth analysis of the market for base metal flexible tubing in Panama.
This report provides an in-depth analysis of the global metal flexible tubing market.
This report provides an in-depth analysis of the global market for base metal flexible tubing.
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