Panama - Spools, Cops, Bobbins And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Supports Price in Panama - 2023
Contents:
- Plastic Supports Price in Panama (CIF) - 2022
- Plastic Supports Price in Panama (FOB) - 2022
- Plastic Supports Imports in Panama
- Plastic Supports Exports in Panama
Plastic Supports Price in Panama (CIF) - 2022
The average plastic supports import price stood at $6,253 per ton in 2022, surging by 21% against the previous year. Overall, the import price showed a temperate expansion. The most prominent rate of growth was recorded in 2021 an increase of 25%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($12,966 per ton), while the price for Mexico ($4,272 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Supports Price in Panama (FOB) - 2022
In 2022, the average plastic supports export price amounted to $5,460 per ton, falling by -16.2% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 98% against the previous year. As a result, the export price attained the peak level of $6,988 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($8,496 per ton), while the average price for exports to the Dominican Republic ($1,709 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 Barbados (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Supports Imports in Panama
In 2022, purchases abroad of spools, cops, bobbins and similar supports of plastics decreased by -33.8% to 34 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 159% against the previous year. As a result, imports attained the peak of 60 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, plastic supports imports declined rapidly to $215K in 2022. Over the period under review, imports, however, showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 139%.
Import of Plastic Supports in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | N/A | N/A | N/A | 75.2 | 0% |
Mexico | 15.2 | 14.5 | 9.5 | 70.9 | 67.1% |
China | 6.3 | 92.8 | 115 | 49.0 | 98.1% |
United States | 8.9 | 6.2 | 11.2 | 19.5 | 29.9% |
Hong Kong SAR | 2.0 | 4.0 | 2.9 | N/A | 20.4% |
South Korea | 14.1 | 26.5 | 17.5 | N/A | 11.4% |
Peru | 7.4 | 13.9 | 9.1 | N/A | 10.9% |
Costa Rica | 4.1 | 2.2 | 1.5 | N/A | -39.5% |
Chile | 20.2 | 44.5 | 34.2 | N/A | 30.1% |
Others | 25.5 | 42.8 | 68.4 | 0.8 | -68.5% |
Total | 104 | 247 | 269 | 215 | 27.4% |
Top Suppliers of Plastic Supports to Panama in 2022:
- Mexico (16.6 tons)
- China (9.2 tons)
- Australia (5.8 tons)
- United States (2.7 tons)
Plastic Supports Exports in Panama
In 2022, overseas shipments of spools, cops, bobbins and similar supports of plastics decreased by -21.3% to 12 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 164%. As a result, the exports reached the peak of 16 tons, and then fell markedly in the following year.
In value terms, plastic supports exports fell rapidly to $67K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 214% against the previous year. As a result, the exports reached the peak of $102K, and then contracted rapidly in the following year.
Export of Plastic Supports in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Dominican Republic | 13.9 | 10.3 | 7.8 | 10.3 | -9.5% |
Nicaragua | 1.8 | 2.1 | 6.1 | 10.2 | 78.3% |
Barbados | 2.5 | 2.8 | 3.1 | 6.2 | 35.4% |
United States | 3.3 | 3.1 | 2.9 | 4.8 | 13.3% |
Guatemala | 0.2 | 1.5 | 2.8 | 4.6 | 184.4% |
Honduras | 2.3 | 2.3 | 2.4 | 4.3 | 23.2% |
Venezuela | 2.3 | 1.9 | 2.0 | 3.4 | 13.9% |
South Korea | N/A | N/A | 61.3 | N/A | 0% |
Others | 5.2 | 8.7 | 13.8 | 23.7 | 65.8% |
Total | 31.6 | 32.6 | 102 | 67.5 | 28.8% |
Top Export Markets for Plastic Supports from Panama in 2022:
- Dominican Republic (6.0 tons)
- Nicaragua (1.7 tons)
- Barbados (0.9 tons)
- United States (0.7 tons)
- Venezuela (0.6 tons)
- Honduras (0.5 tons)
- Guatemala (0.5 tons)
This report provides an in-depth analysis of the plastic supports 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
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
-
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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