Panama - Bottles, Jars And Other Containers Of Glass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Glass Bottle, Jar and Container in Panama - 2024
Contents:
- Price for Glass Bottle, Jar and Container in Panama (CIF) - 2024
- Price for Glass Bottle, Jar and Container in Panama (FOB) - 2022
- Imports of Glass Bottle, Jar and Container in Panama
- Exports of Glass Bottle, Jar and Container in Panama
Price for Glass Bottle, Jar and Container in Panama (CIF) - 2024
In November 2023, the average import price for bottles, jars and other containers of glass amounted to $198 per thousand units, dropping by -21.5% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2023 when the average import price increased by 31% m-o-m. As a result, import price attained the peak level of $0.3 per unit, and then reduced notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Guatemala ($280 per thousand units), while the price for China ($135 per thousand units) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Guatemala (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Bottle, Jar and Container in Panama (FOB) - 2022
The average export price for bottles, jars and other containers of glass stood at $0.2 per unit in 2022, rising by 9.4% against the previous year. Overall, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 9.7% against the previous year. The export price peaked at $0.3 per unit 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 Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +0.8% per year.
Imports of Glass Bottle, Jar and Container in Panama
Glass bottle, jar and container imports into Panama soared to 97M units in 2022, picking up by 22% on the year before. In general, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% 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 +66.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, glass bottle, jar and container imports soared to $21M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
Import of Glass Bottle, Jar and Container in Panama (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 5.0 | 3.0 | 5.0 | 9.4 | 23.4% |
Costa Rica | 7.2 | 3.5 | 6.0 | 5.7 | -7.5% |
Peru | N/A | N/A | N/A | 1.8 | 0% |
China | 1.2 | 1.3 | 1.6 | 1.5 | 7.7% |
Trinidad and Tobago | N/A | N/A | N/A | 1.2 | 0% |
Vietnam | N/A | N/A | N/A | 0.2 | 0% |
Mexico | 0.4 | 0.5 | 0.9 | 0.1 | -37.0% |
Chile | 1.9 | 0.5 | 0.1 | N/A | -77.1% |
Others | 1.4 | 1.6 | 1.3 | 1.4 | 0.0% |
Total | 17.1 | 10.4 | 14.9 | 21.2 | 7.4% |
Top Suppliers of Glass Bottle, Jar and Container to Panama in 2022:
- Guatemala (44.7M units)
- Costa Rica (29.3M units)
- Trinidad and Tobago (8.8M units)
- China (5.5M units)
- Peru (3.6M units)
- Vietnam (1.6M units)
- Mexico (0.1M units)
- Chile (0.1M units)
Exports of Glass Bottle, Jar and Container in Panama
For the third year in a row, Panama recorded decline in overseas shipments of bottles, jars and other containers of glass, which decreased by -27.7% to 961K units in 2022. Over the period under review, exports recorded a dramatic curtailment. The smallest decline of -27% was in 2020. The exports peaked at 25M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, glass bottle, jar and container exports shrank remarkably to $157K in 2022. Overall, exports saw a sharp shrinkage. Over the period under review, the exports hit record highs at $4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Glass Bottle, Jar and Container in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 263 | 150 | 190 | 157 | -15.8% |
Free Zones | 2,747 | 2,212 | N/A | N/A | -19.5% |
Venezuela | 39.3 | 193 | N/A | N/A | 391.1% |
Guatemala | 230 | 37.4 | N/A | N/A | -83.7% |
Brazil | 90.1 | 20.2 | N/A | N/A | -77.6% |
Others | 674 | 504 | 8.2 | N/A | -89.0% |
Total | 4,044 | 3,117 | 199 | 157 | -66.1% |
Top Export Markets for Glass Bottle, Jar and Container from Panama in 2022:
- Ecuador (960.6K units)
This report provides an in-depth analysis of the market for glass bottle, jar and container 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 23131120 - Containers made from tubing of glass (excluding preserving jars)
- Prodcom 23131130 - Glass containers of a nominal capacity . 2,5 litres (excluding preserving jars)
- Prodcom 23131140 - Bottles of colourless glass of a nominal capacity < 2,5 litres, f or beverages and foodstuffs (excluding bottles covered with leather or composition leather, infant
- Prodcom 23131150 - Bottles of coloured glass of a nominal capacity < 2,5 litres, for beverages and foodstuffs (excluding bottles covered with leather or composition leather, infant
- Prodcom 23131160 - Glass containers for beverages and foodstuffs of a nominal capacity < 2,5 litres (excluding bottles, flasks covered with leather or composition leather, domestic glassware, vacuum flasks and vessels)
- Prodcom 23131170 - Glass containers for pharmaceutical products of a nominal capacity < 2,5 litres
- Prodcom 23131180 - Glass containers of a nominal capacity < 2,5 litres for the conveyance or packing of goods (excluding for beverages and foodstuffs, for pharmaceutical products, containers made from glass tubing)
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
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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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Explore the top import markets for glass bottles, jars, and containers. Discover key statistics and import values of leading countries such as the United States, France, Spain, and more. Make informed business decisions with IndexBox market intelligence.
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