Panama - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyurethanes Price in Panama - 2023
Contents:
- Polyurethanes Price in Panama (CIF) - 2023
- Polyurethanes Price in Panama (FOB) - 2022
- Polyurethanes Imports in Panama
- Polyurethanes Exports in Panama
Polyurethanes Price in Panama (CIF) - 2023
The average polyurethanes import price stood at $3,433 per ton in July 2023, rising by 7.5% against the previous month. Over the period under review, the import price, however, continues to indicate a mild reduction. The growth pace was the most rapid in December 2022 an increase of 16% against the previous month. Over the period under review, average import prices hit record highs at $4,087 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($3,809 per ton), while the price for the United States ($2,325 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.4%), while the prices for the other major suppliers experienced a decline.
Polyurethanes Price in Panama (FOB) - 2022
In 2022, the average polyurethanes export price amounted to $3,534 per ton, surging by 7% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 32% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,963 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($3,950 per ton), while the average price for exports to Venezuela totaled $3,421 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Polyurethanes Imports in Panama
In 2022, overseas purchases of polyurethanes in primary forms increased by 29% to 670 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt slump.
In value terms, polyurethanes imports soared to $2.5M in 2022. Overall, imports, however, showed a abrupt shrinkage.
| Import of Polyurethanes in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 590 | 341 | 1,485 | 1,790 | 44.8% |
| Spain | 450 | 153 | 214 | 356 | -7.5% |
| United States | 264 | 152 | 88.8 | 113 | -24.6% |
| Germany | 134 | 346 | 33.2 | 96.1 | -10.5% |
| Romania | N/A | 12.1 | 17.1 | 76.2 | 150.9% |
| China | 1,771 | 878 | 51.4 | 27.8 | -75.0% |
| South Korea | 656 | 507 | N/A | 5.6 | -79.6% |
| Others | 231 | 47.3 | 89.3 | 52.9 | -38.8% |
| Total | 4,095 | 2,436 | 1,979 | 2,518 | -15.0% |
Top Suppliers of Polyurethanes to Panama in 2022:
- Free Zones (457.2 tons)
- Spain (106.0 tons)
- United States (45.8 tons)
- Germany (25.2 tons)
- Romania (12.9 tons)
- China (10.6 tons)
- South Korea (2.0 tons)
Polyurethanes Exports in Panama
For the third consecutive year, Panama recorded decline in shipments abroad of polyurethanes in primary forms, which decreased by -68.3% to 6.3 tons in 2022. Overall, exports faced a precipitous slump. The smallest decline of -31.5% was in 2020.
In value terms, polyurethanes exports fell sharply to $22K in 2022. In general, exports saw a dramatic contraction. The smallest decline of -32.4% was in 2020.
| Export of Polyurethanes in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 89.3 | 24.4 | 15.1 | 17.0 | -42.5% |
| Nicaragua | 15.3 | 15.1 | 42.9 | 5.3 | -29.8% |
| Ecuador | 572 | 131 | N/A | N/A | -77.1% |
| Dominican Republic | 641 | 695 | N/A | N/A | 8.4% |
| Paraguay | 855 | 721 | N/A | N/A | -15.7% |
| Colombia | 492 | 397 | N/A | N/A | -19.3% |
| Chile | 852 | 483 | N/A | N/A | -43.3% |
| Guatemala | 498 | 397 | N/A | N/A | -20.3% |
| Mexico | 489 | 686 | N/A | N/A | 40.3% |
| Peru | 1,190 | 223 | N/A | N/A | -81.3% |
| Others | 1,100 | 816 | 7.9 | N/A | -91.5% |
| Total | 6,793 | 4,591 | 65.9 | 22.3 | -85.1% |
Top Export Markets for Polyurethanes from Panama in 2022:
- Venezuela (5.0 tons)
- Nicaragua (1.4 tons)
This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, 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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