Panama - Medicaments Containing Corticosteroid Hormones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Medicaments Containing Corticosteroid Hormones in Panama - 2023
Contents:
- Price for Medicaments Containing Corticosteroid Hormones in Panama (CIF) - 2022
- Price for Medicaments Containing Corticosteroid Hormones in Panama (FOB) - 2022
- Imports of Medicaments Containing Corticosteroid Hormones in Panama
- Exports of Medicaments Containing Corticosteroid Hormones in Panama
Price for Medicaments Containing Corticosteroid Hormones in Panama (CIF) - 2022
In 2022, the average medicaments containing corticosteroid hormones import price amounted to $100,585 per ton, with a decrease of -23% against the previous year. In general, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 47%. Over the period under review, average import prices hit record highs at $142,142 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($982,820 per ton), while the price for Italy ($16,911 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Medicaments Containing Corticosteroid Hormones in Panama (FOB) - 2022
The average medicaments containing corticosteroid hormones export price stood at $143,504 per ton in 2022, falling by -3.2% against the previous year. Overall, the export price, however, posted a measured expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 106%. As a result, the export price attained the peak level of $259,065 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($549,649 per ton), while the average price for exports to Aruba ($66,057 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 Honduras (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medicaments Containing Corticosteroid Hormones in Panama
Medicaments containing corticosteroid hormones imports into Panama reduced to 141 tons in 2022, which is down by -2.6% on the previous year's figure. Overall, imports saw a dramatic curtailment.
In value terms, medicaments containing corticosteroid hormones imports contracted sharply to $14M in 2022. Over the period under review, imports faced a dramatic contraction. The smallest decline of -22.4% was in 2020.
Import of Medicaments Containing Corticosteroid Hormones in Panama (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.4 | 8.3 | 4.6 | 3.2 | -32.5% |
Spain | 3.5 | 5.2 | 1.0 | 1.7 | -21.4% |
United Kingdom | 6.3 | 6.9 | 1.3 | 1.5 | -38.0% |
Germany | 3.7 | 5.9 | 2.9 | 1.5 | -26.0% |
Mexico | 1.4 | 1.9 | 1.0 | 1.4 | 0.0% |
Colombia | 0.5 | 0.7 | 0.5 | 0.8 | 17.0% |
Portugal | N/A | N/A | N/A | 0.7 | 0% |
Guatemala | 4.7 | 5.6 | 1.6 | 0.5 | -52.6% |
Free Zones | 4.1 | 2.0 | 0.2 | 0.5 | -50.4% |
Costa Rica | 0.1 | 0.5 | 0.3 | 0.2 | 26.0% |
Argentina | 1.3 | 1.8 | 0.6 | 0.2 | -46.4% |
Italy | 0.2 | 0.2 | 0.6 | 0.1 | -20.6% |
Peru | N/A | 0.1 | N/A | 0.1 | 0.0% |
Others | 43.1 | 22.4 | 4.1 | 1.8 | -65.3% |
Total | 79.3 | 61.5 | 19.0 | 14.2 | -43.6% |
Top Suppliers of Medicaments Containing Corticosteroid Hormones to Panama in 2022:
- Mexico (43.8 tons)
- Colombia (29.7 tons)
- United Kingdom (8.2 tons)
- Portugal (7.4 tons)
- Costa Rica (6.2 tons)
- Spain (6.1 tons)
- Guatemala (6.0 tons)
- Germany (4.2 tons)
- Peru (3.7 tons)
- Italy (3.6 tons)
- Free Zones (3.6 tons)
- Argentina (3.4 tons)
- United States (3.3 tons)
Exports of Medicaments Containing Corticosteroid Hormones in Panama
In 2022, overseas shipments of medicaments containing corticosteroid hormones decreased by -26.2% to 39 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 219%. As a result, the exports reached the peak of 78 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, medicaments containing corticosteroid hormones exports dropped significantly to $5.6M in 2022. Overall, exports showed a pronounced decrease. The pace of growth appeared the most rapid in 2020 with an increase of 90% against the previous year. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Medicaments Containing Corticosteroid Hormones in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 358 | 1,551 | 1,052 | 727 | 26.6% |
Trinidad and Tobago | 141 | 1,515 | 1,028 | 710 | 71.4% |
Costa Rica | 315 | 1,186 | 804 | 556 | 20.9% |
Dominican Republic | 262 | 939 | 637 | 440 | 18.9% |
Guatemala | 239 | 893 | 606 | 419 | 20.6% |
Jamaica | 236 | 886 | 601 | 415 | 20.7% |
Nicaragua | 164 | 821 | 557 | 385 | 32.9% |
Bahamas | 40.9 | 457 | 310 | 214 | 73.6% |
British Indian Ocean Territory | 72.1 | 389 | 264 | 182 | 36.2% |
Aruba | 47.0 | 317 | 215 | 148 | 46.6% |
Saint Lucia | N/A | 505 | N/A | N/A | 0% |
Mexico | N/A | 210 | N/A | N/A | 0% |
Others | 4,433 | 2,330 | 1,812 | 1,439 | -31.3% |
Total | 6,307 | 11,998 | 7,884 | 5,636 | -3.7% |
Top Export Markets for Medicaments Containing Corticosteroid Hormones from Panama in 2022:
- Trinidad and Tobago (10.0 tons)
- Jamaica (5.9 tons)
- Bahamas (3.0 tons)
- British Indian Ocean Territory (2.7 tons)
- Costa Rica (2.5 tons)
- Guatemala (2.4 tons)
- Aruba (2.2 tons)
- Dominican Republic (2.2 tons)
- Nicaragua (1.4 tons)
- Honduras (1.3 tons)
This report provides an in-depth analysis of the market for medicaments containing corticosteroid hormones 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 21201270 - Medicaments containing corticosteroid hormones, their derivatives and structural analogues, put up in measured doses or for retail sale
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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Discover the top import markets for medicaments containing corticosteroid hormones. Read about the import values and key statistics of the leading countries including the United States, Switzerland, China, and more.
Discover the top import markets for medicaments containing corticosteroid hormones. Read about the import values and key statistics of the leading countries including the United States, Switzerland, China, and more.