Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama - 2023

Contents:

  1. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama (FOB) - 2022
  2. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama (CIF) - 2022
  3. Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama
  4. Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama (FOB) - 2022

In 2022, the average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $583 per ton, surging by 22% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2019 when the average export price increased by 348% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,947 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 Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -8.0% per year.

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama (CIF) - 2022

The average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $7,922 per ton in 2021, flattening at the previous year. Overall, the import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 778% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2013 to 2021, the rate of growth in terms of prices for Spain amounted to +19.9% per year.

Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama

In 2022, after three years of growth, there was significant decline in shipments abroad of glass; unworked, in balls (other than microspheres of heading no. 7018), when their volume decreased by -98.5% to 12 kg. In general, exports showed a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 795%. As a result, the exports reached the peak of 788 kg, and then dropped significantly in the following year.

In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) fell rapidly to $7 in 2022. Overall, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 401% against the previous year. As a result, the exports attained the peak of $376, and then contracted rapidly in the following year.

Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica60.075.038.07.0-51.1%
BrazilN/AN/A338N/A0%
OthersN/AN/AN/AN/A0%
Total60.075.03767.0-51.1%

Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from Panama in 2022:

  1. Costa Rica (12.0 kg)

Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama

Imports of glass; unworked, in balls (other than microspheres of heading no. 7018) into Panama shrank notably to 116 kg in 2021, declining by -97.5% against the previous year's figure. In general, imports faced a sharp decline. The smallest decline of -5.8% was in 2020.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) dropped markedly to $919 in 2021. Over the period under review, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 727% against the previous year. As a result, imports reached the peak of $37K, and then reduced remarkably in the following year.

Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Panama (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United StatesN/A37.00.9-97.6%
Spain4.5N/AN/A0%
OthersN/AN/AN/A0%
Total4.537.00.9-55.3%

Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Panama in 2022:

  1. United States (116.0 kg)

Source: IndexBox Market Intelligence Platform

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