Panama - Plastic Lavatory Seats And Covers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Panama - Plastic Lavatory Seats And Covers - Market Analysis, Forecast, Size, Trends And Insights

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Plastic Lavatory Seat Price in Panama - 2023

Contents:

  1. Plastic Lavatory Seat Price in Panama (CIF) - 2023
  2. Plastic Lavatory Seat Price in Panama (FOB) - 2022
  3. Plastic Lavatory Seat Imports in Panama
  4. Plastic Lavatory Seat Exports in Panama

Plastic Lavatory Seat Price in Panama (CIF) - 2023

In July 2023, the average plastic lavatory seat import price amounted to $2.8 per unit, reducing by -14.8% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 77% m-o-m. The import price peaked at $3.8 per unit in January 2023; however, from February 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Mexico ($6.5 per unit), while the price for Peru ($503 per thousand units) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Free Zones (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Plastic Lavatory Seat Price in Panama (FOB) - 2022

In 2022, the average plastic lavatory seat export price amounted to $1.4 per unit, declining by -40.7% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 28%. The export price peaked at $2.6 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Cuba ($1.5 per unit) and Colombia ($1.4 per unit), while the average price for exports to El Salvador ($1.4 per unit) and Curacao ($1.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+1.8%), while the prices for the other major destinations experienced a decline.

Plastic Lavatory Seat Imports in Panama

Plastic lavatory seat imports into Panama dropped notably to 431K units in 2022, declining by -27.8% against 2021. Overall, imports showed a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports reached the peak figure at 750K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, plastic lavatory seat imports shrank remarkably to $1.3M in 2022. In general, imports faced a deep slump. The growth pace was the most rapid in 2021 when imports increased by 71%. As a result, imports reached the peak of $1.9M, and then shrank rapidly in the following year.

Import of Plastic Lavatory Seat in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China780490721514-13.0%
United States308106316262-5.2%
Free Zones316264367155-21.1%
Colombia13083.31671525.3%
Ecuador61.818.567.096.215.9%
Brazil43.914.751.626.2-15.8%
Peru19.0N/A8.419.50.9%
Others20713319979.6-27.3%
Total1,8661,1091,8971,305-11.2%

Top Suppliers of Plastic Lavatory Seat to Panama in 2022:

  1. China (189.4K units)
  2. Colombia (73.2K units)
  3. Ecuador (63.9K units)
  4. Free Zones (37.7K units)
  5. United States (32.1K units)
  6. Peru (13.1K units)
  7. Brazil (8.4K units)

Plastic Lavatory Seat Exports in Panama

In 2022, the amount of plastic lavatory seats and covers exported from Panama soared to 90K units, picking up by 47% against the previous year. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic lavatory seat exports reduced to $128K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, the exports reached the peak of $147K, and then fell in the following year.

Export of Plastic Lavatory Seat in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guyana5.28.710.89.220.9%
Trinidad and Tobago7.37.19.08.34.4%
El Salvador8.71.76.36.3-10.2%
Venezuela0.65.06.25.3106.7%
Jamaica2.44.85.95.128.6%
Honduras3.04.35.44.615.3%
Nicaragua2.34.15.14.424.1%
Costa Rica3.63.64.54.14.4%
Dominican Republic1.13.54.43.851.2%
Colombia2.61.43.83.27.2%
Cuba0.4N/A3.63.197.9%
Curacao2.61.82.32.4-2.6%
Belize1.42.12.72.318.0%
Others50.756.177.066.09.2%
Total92.010414712811.6%

Top Export Markets for Plastic Lavatory Seat from Panama in 2022:

  1. Guyana (6.5K units)
  2. Trinidad and Tobago (6.0K units)
  3. El Salvador (4.5K units)
  4. Venezuela (3.7K units)
  5. Jamaica (3.6K units)
  6. Honduras (3.2K units)
  7. Nicaragua (3.1K units)
  8. Costa Rica (3.0K units)
  9. Dominican Republic (2.6K units)
  10. Colombia (2.2K units)
  11. Cuba (2.1K units)
  12. Curacao (1.8K units)
  13. Belize (1.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic lavatory seat 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 22231270 - Plastic lavatory seats and covers

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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