Panama - Base Metal Tubular Or Bifurcated Rivets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Tubular Rivet Price in Panama - 2023
Contents:
- Metal Tubular Rivet Price in Panama (CIF) - 2022
- Metal Tubular Rivet Price in Panama (FOB) - 2022
- Metal Tubular Rivet Imports in Panama
- Metal Tubular Rivet Exports in Panama
Metal Tubular Rivet Price in Panama (CIF) - 2022
In 2022, the average metal tubular rivet import price amounted to $9,823 per ton, with an increase of 37% against the previous year. Over the period under review, the import price enjoyed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the United States ($12,651 per ton), while the price for Free Zones ($6,469 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Tubular Rivet Price in Panama (FOB) - 2022
The average metal tubular rivet export price stood at $36,083 per ton in 2022, rising by 19% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 94%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($109,000 per ton), while the average price for exports to Honduras ($1,000 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 Guyana (+38.8%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Tubular Rivet Imports in Panama
In 2022, approx. 2.4 tons of base metal tubular or bifurcated rivets were imported into Panama; declining by -3.8% compared with the previous year's figure. Overall, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 135%. As a result, imports reached the peak of 2.5 tons, and then shrank in the following year.
In value terms, metal tubular rivet imports surged to $24K in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 136%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
Import of Metal Tubular Rivet in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.6 | 1.1 | 6.7 | 14.5 | 189.1% |
United States | 1.4 | 0.2 | 2.4 | 6.6 | 67.7% |
Free Zones | 0.1 | 0.6 | 1.9 | 2.3 | 184.4% |
Colombia | 0.7 | 0.4 | 0.4 | N/A | -24.4% |
Costa Rica | 1.5 | 1.1 | 1.6 | N/A | 3.3% |
Poland | 0.4 | 0.5 | 1.0 | N/A | 58.1% |
Mexico | 3.3 | 0.5 | 1.0 | N/A | -45.0% |
Taiwan (Chinese) | 0.9 | 0.5 | 0.2 | N/A | -52.9% |
Others | 2.8 | 2.8 | 2.9 | 0.4 | -47.7% |
Total | 11.7 | 7.7 | 18.1 | 23.8 | 26.7% |
Top Suppliers of Metal Tubular Rivet to Panama in 2022:
- China (1527.0 kg)
- United States (524.0 kg)
- Free Zones (354.0 kg)
Metal Tubular Rivet Exports in Panama
In 2022, shipments abroad of base metal tubular or bifurcated rivets decreased by -29.4% to 12 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 383% against the previous year. As a result, the exports reached the peak of 343 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal tubular rivet exports shrank notably to $433 in 2022. In general, exports faced a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 373%. As a result, the exports reached the peak of $5.3K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Metal Tubular Rivet in Panama (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | 376 | 1,690 | 195 | 180 | -21.8% |
Guyana | 199 | 1,458 | 141 | 109 | -18.2% |
Dominican Republic | 356 | 1,137 | 128 | 99.0 | -34.7% |
Costa Rica | 74.0 | 162 | 16.0 | 15.0 | -41.3% |
Chile | 31.0 | 130 | 14.0 | 12.0 | -27.1% |
Jamaica | 27.0 | 113 | 12.0 | 11.0 | -25.9% |
Colombia | 23.0 | 74.0 | 6.0 | 4.0 | -44.2% |
Honduras | 1.0 | 4.0 | 1.0 | 1.0 | 0.0% |
United Arab Emirates | N/A | N/A | N/A | 1.0 | 0% |
Guatemala | 7.0 | 10.0 | 1.0 | 1.0 | -47.7% |
United States | N/A | 561 | N/A | N/A | 0% |
Others | 34.0 | N/A | N/A | N/A | 0% |
Total | 1,128 | 5,339 | 514 | 433 | -27.3% |
Top Export Markets for Metal Tubular Rivet from Panama in 2022:
- Dominican Republic (2.0 kg)
- Venezuela (2.0 kg)
- Jamaica (1.0 kg)
- Honduras (1.0 kg)
- Colombia (1.0 kg)
- United Arab Emirates (1.0 kg)
- Costa Rica (1.0 kg)
- Guatemala (1.0 kg)
- Chile (1.0 kg)
- Guyana (1.0 kg)
This report provides an in-depth analysis of the metal tubular rivet 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 25992550 - Base metal tubular or bifurcated rivets
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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