Photographic Paper Price in Panama - 2023
Contents:
- Photographic Paper Price in Panama (CIF) - 2022
- Photographic Paper Price in Panama (FOB) - 2022
- Photographic Paper Imports in Panama
- Photographic Paper Exports in Panama
Photographic Paper Price in Panama (CIF) - 2022
In 2022, the average photographic paper import price amounted to $8.1 per square meter, picking up by 22% against the previous year. Overall, the import price showed moderate growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 30%. The import price peaked at $9.8 per square meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 South Korea ($16 per square meter), while the price for the United States ($3.8 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+40.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Photographic Paper Price in Panama (FOB) - 2022
In 2022, the average photographic paper export price amounted to $15 per square meter, rising by 5.7% against the previous year. Overall, the export price showed a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 44%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($68 per square meter), while the average price for exports to Venezuela ($4.1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+37.4%), while the prices for the other major destinations experienced more modest paces of growth.
Photographic Paper Imports in Panama
In 2022, the amount of photographic paper, paperboard and textiles imported into Panama fell significantly to 20K square meters, which is down by -55.7% against the year before. In general, imports continue to indicate a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 16%. Over the period under review, imports hit record highs at 142K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, photographic paper imports fell rapidly to $163K in 2022. Over the period under review, imports continue to indicate a precipitous setback. The smallest decline of -20.8% was in 2021. Imports peaked at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Photographic Paper in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 299 | 72.3 | 58.2 | 35.1 | -51.0% |
| United States | 272 | 74.0 | 73.2 | 31.6 | -51.2% |
| Brazil | 60.3 | 47.9 | 40.9 | 26.5 | -24.0% |
| Mexico | 75.5 | 45.7 | 28.3 | 16.5 | -39.8% |
| Japan | 67.9 | 19.6 | 21.6 | 12.3 | -43.4% |
| United Arab Emirates | 40.0 | 27.0 | 19.6 | 10.7 | -35.6% |
| South Korea | 21.1 | 23.1 | 16.4 | 8.8 | -25.3% |
| Costa Rica | 33.6 | 43.2 | 23.3 | 8.5 | -36.8% |
| Others | 198 | 28.3 | 20.3 | 13.2 | -59.5% |
| Total | 1,067 | 381 | 302 | 163 | -46.5% |
Top Suppliers of Photographic Paper to Panama in 2022:
- United States (8.3K square meters)
- China (3.3K square meters)
- Brazil (2.8K square meters)
- United Arab Emirates (1.4K square meters)
- Mexico (1.1K square meters)
- Japan (1.1K square meters)
- Costa Rica (0.6K square meters)
- South Korea (0.6K square meters)
Photographic Paper Exports in Panama
Photographic paper exports from Panama declined to 2.9K square meters in 2022, dropping by -2.7% against the previous year's figure. Overall, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 168% against the previous year. The exports peaked at 4.9K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, photographic paper exports rose modestly to $44K in 2022. In general, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2021 with an increase of 284%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Photographic Paper in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 12.1 | 5.8 | 21.0 | 21.5 | 21.1% |
| Dominican Republic | 4.9 | 0.6 | 3.6 | 3.8 | -8.1% |
| Costa Rica | 2.1 | 0.5 | 2.4 | 2.5 | 6.0% |
| Colombia | 2.2 | 0.5 | 2.5 | 2.5 | 4.4% |
| Guatemala | 1.4 | 1.1 | 2.3 | 1.9 | 10.7% |
| Venezuela | 0.9 | 0.3 | 1.2 | 1.4 | 15.9% |
| El Salvador | 1.6 | 0.2 | 1.1 | 1.2 | -9.1% |
| Honduras | 1.0 | 0.3 | 1.1 | 1.1 | 3.2% |
| Others | 10.7 | 1.9 | 7.6 | 8.2 | -8.5% |
| Total | 37.1 | 11.2 | 42.9 | 44.1 | 5.9% |
Top Export Markets for Photographic Paper from Panama in 2022:
- Cuba (647.0 square meters)
- Dominican Republic (545.0 square meters)
- Guatemala (432.0 square meters)
- Venezuela (341.0 square meters)
- Colombia (232.0 square meters)
- El Salvador (172.0 square meters)
- Costa Rica (171.0 square meters)
- Honduras (119.0 square meters)
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