Panama - Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Panama - Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like - Market Analysis, Forecast, Size, Trends and Insights

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Price for Articles of Fiber Cement in Panama - 2023

Contents:

  1. Price for Articles of Fiber Cement in Panama (CIF) - 2023
  2. Price for Articles of Fiber Cement in Panama (FOB) - 2022
  3. Imports of Articles of Fiber Cement in Panama
  4. Exports of Articles of Fiber Cement in Panama

Price for Articles of Fiber Cement in Panama (CIF) - 2023

In May 2023, the average articles of fiber cement import price amounted to $530 per ton, picking up by 2.2% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 4.3% m-o-m. The import price peaked at $600 per ton in November 2022; however, from December 2022 to May 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Costa Rica ($611 per ton), while the price for the United States ($497 per ton) was amongst the lowest.

From September 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (+0.7%), while the prices for the other major suppliers experienced a decline.

Price for Articles of Fiber Cement in Panama (FOB) - 2022

In 2022, the average articles of fiber cement export price amounted to $833 per ton, surging by 7.1% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of 439% against the previous year. The export price peaked at $5,840 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.

From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +2.3% per year.

Imports of Articles of Fiber Cement in Panama

In 2022, the amount of articles of asbestos-cement, cellulose fiber-cement or the like imported into Panama fell to 29K tons, declining by -6.8% against the previous year's figure. In general, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 104%. As a result, imports attained the peak of 32K tons, and then reduced in the following year.

In value terms, articles of fiber cement imports stood at $17M in 2022. Over the period under review, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 118%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Import of Articles of Fiber Cement in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia7.44.611.511.415.5%
Costa Rica4.01.83.74.54.0%
EcuadorN/AN/A0.10.5400.0%
China0.40.5N/AN/A25.0%
Others1.00.20.40.4-26.3%
Total12.87.215.716.99.7%

Top Suppliers of Articles of Fiber Cement to Panama in 2022:

  1. Colombia (20.2K tons)
  2. Costa Rica (7.7K tons)
  3. Ecuador (0.9K tons)

Exports of Articles of Fiber Cement in Panama

In 2022, shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like decreased by -39.5% to 4.6 tons, falling for the second year in a row after two years of growth. In general, exports recorded a pronounced descent. The pace of growth was the most pronounced in 2020 when exports increased by 3,002% against the previous year. As a result, the exports reached the peak of 165 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, articles of fiber cement exports fell dramatically to $3.8K in 2022. Overall, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 320% against the previous year. As a result, the exports reached the peak of $120K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Articles of Fiber Cement in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican RepublicN/AN/AN/A3.80%
ArubaN/AN/A5.8N/A0%
Costa Rica28.5N/A0.1N/A-94.1%
JamaicaN/A120N/AN/A0%
OthersN/AN/AN/AN/A0%
Total28.51205.93.8-48.9%

Top Export Markets for Articles of Fiber Cement from Panama in 2022:

  1. Dominican Republic (4.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for articles of fiber cement 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 23651220 - Articles of asbestos-cement, of cellulose fibre-cement or similar mixtures of fibres (asbestos, cellulose or other vegetable fibres, synthetic polymer, glass or metallic fibres, e tc.) and cement or other hydraulic binders, containing
  • Prodcom 23651240 - Sheets, panels, tiles and similar articles, of cellulose fibrecement or similar mixtures of fibres (cellulose or other vegetable fibres, synthetic polymer, glass or metallic fibres, e tc.) and cement or other hydraulic binders, not containing
  • Prodcom 23651270 - Articles of cellulose fibre-cement or the like, not containing asbestos (excluding corrugated and other sheets, panels, p aving, tiles and similar articles)

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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