Panama - Polycarbonates (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolycarbonate Price in Panama - 2023
Contents:
- Polycarbonate Price in Panama (CIF) - 2022
- Polycarbonate Price in Panama (FOB) - 2022
- Polycarbonate Imports in Panama
- Polycarbonate Exports in Panama
Polycarbonate Price in Panama (CIF) - 2022
The average polycarbonate import price stood at $3,890 per ton in 2022, growing by 33% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $4,830 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,049 per ton), while the price for South Korea stood at $3,714 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Polycarbonate Price in Panama (FOB) - 2022
In 2022, the average polycarbonate export price amounted to $2,616 per ton, almost unchanged from the previous year. Overall, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $4,991 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($4,789 per ton), while the average price for exports to Colombia ($1,973 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 Costa Rica (-1.1%), while the prices for the other major destinations experienced a decline.
Polycarbonate Imports in Panama
In 2022, approx. 97 tons of polycarbonates (in primary forms) were imported into Panama; picking up by 17% against 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 101% against the previous year. As a result, imports reached the peak of 101 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, polycarbonate imports skyrocketed to $376K in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 85%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Polycarbonate in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 37.6 | 109 | 96.3 | 206 | 76.3% |
| South Korea | 18.4 | 25.2 | 17.5 | 170 | 109.8% |
| Costa Rica | 25.7 | 39.5 | 35.2 | N/A | 17.0% |
| Italy | 24.8 | 34.7 | 27.9 | N/A | 6.1% |
| Israel | N/A | N/A | 49.1 | N/A | 0% |
| Others | 8.2 | 3.6 | 15.0 | N/A | 35.3% |
| Total | 115 | 212 | 241 | 376 | 48.4% |
Top Suppliers of Polycarbonate to Panama in 2022:
- Japan (50.8 tons)
- South Korea (45.9 tons)
Polycarbonate Exports in Panama
In 2022, overseas shipments of polycarbonates (in primary forms) decreased by 0% to 8.1 tons, falling for the second consecutive year after two years of growth. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 635% against the previous year. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, polycarbonate exports stood at $21K in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 609%. As a result, the exports reached the peak of $43K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Polycarbonate in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 0.5 | 17.8 | N/A | 14.2 | 205.1% |
| Costa Rica | 0.2 | 1.5 | N/A | 7.0 | 227.1% |
| Uruguay | N/A | 22.2 | N/A | N/A | 0% |
| Italy | 2.6 | N/A | N/A | N/A | 0% |
| Others | 2.7 | 1.0 | N/A | 0.1 | -66.7% |
| Total | 6.0 | 42.5 | N/A | 21.3 | 52.5% |
Top Export Markets for Polycarbonate from Panama in 2022:
- Ecuador (6.6 tons)
- Costa Rica (1.5 tons)
This report provides an in-depth analysis of the polycarbonate 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 20164040 - Polycarbonates, in primary forms
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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