Panama - Medicaments Of Alkaloids Or Derivatives Thereof - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Panama - Medicaments Of Alkaloids Or Derivatives Thereof - Market Analysis, Forecast, Size, Trends And Insights

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Price for Medicaments of Alkaloids or Derivatives Thereof in Panama - 2022

Contents:

  1. Price for Medicaments of Alkaloids or Derivatives Thereof in Panama (CIF) - 2022
  2. Price for Medicaments of Alkaloids or Derivatives Thereof in Panama (FOB) - 2022
  3. Imports of Medicaments of Alkaloids or Derivatives Thereof in Panama
  4. Exports of Medicaments of Alkaloids or Derivatives Thereof in Panama

Price for Medicaments of Alkaloids or Derivatives Thereof in Panama (CIF) - 2022

In 2022, the average import price for medicaments of alkaloids or derivatives thereof amounted to $125,793 per ton, rising by 19% against the previous year. In general, the import price showed significant growth. The pace of growth was the most pronounced in 2020 an increase of 170% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Italy ($836,724 per ton), while the price for China ($997 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 (+50.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Medicaments of Alkaloids or Derivatives Thereof in Panama (FOB) - 2022

In 2022, the average export price for medicaments of alkaloids or derivatives thereof amounted to $28,416 per ton, with an increase of 23% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 23%. Over the period under review, the average export prices reached the maximum at $30,036 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($117,066 per ton), while the average price for exports to the Dominican Republic ($8,810 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 Colombia (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments of Alkaloids or Derivatives Thereof in Panama

In 2022, the amount of medicaments of alkaloids or derivatives thereof imported into Panama dropped rapidly to 8.8 tons, reducing by -15.3% on the year before. Over the period under review, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year.

In value terms, imports of medicaments of alkaloids or derivatives thereof totaled $1.1M in 2022. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 166% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Medicaments of Alkaloids or Derivatives Thereof in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain11868.618220720.6%
Colombia15077.91861898.0%
Mexico15232.71991887.3%
Italy97.456.415017020.4%
Chile99.646.197.988.6-3.8%
United States10547.297.685.9-6.5%
France5.42.44.94.3-7.3%
China1.40.51.00.7-20.6%
Others16779.41761690.4%
Total8964111,0941,1027.1%

Top Suppliers of Medicaments of Alkaloids or Derivatives Thereof to Panama in 2022:

  1. Mexico (2620.0 kg)
  2. Chile (2546.0 kg)
  3. China (734.0 kg)
  4. Spain (675.0 kg)
  5. Colombia (610.0 kg)
  6. United States (249.0 kg)
  7. France (222.0 kg)
  8. Italy (203.0 kg)

Exports of Medicaments of Alkaloids or Derivatives Thereof in Panama

In 2022, the amount of medicaments of alkaloids or derivatives thereof exported from Panama shrank rapidly to 16 tons, with a decrease of -16.6% compared with 2021. Over the period under review, exports continue to indicate a deep slump.

In value terms, exports of medicaments of alkaloids or derivatives thereof amounted to $444K in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Medicaments of Alkaloids or Derivatives Thereof in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahamas2602622642640.5%
Colombia18.522.126.331.118.9%
Jamaica21.922.623.123.62.5%
Barbados15.517.319.221.311.2%
Guatemala16.517.217.818.33.5%
Bermuda11.712.713.814.98.4%
Dominican Republic3.43.63.73.94.7%
Haiti1.51.82.12.620.1%
Others61.661.762.564.01.3%
Total4104214324442.7%

Top Export Markets for Medicaments of Alkaloids or Derivatives Thereof from Panama in 2022:

  1. Bahamas (10.3 tons)
  2. Jamaica (1.3 tons)
  3. Guatemala (1.3 tons)
  4. Barbados (0.8 tons)
  5. Dominican Republic (0.4 tons)
  6. Bermuda (0.3 tons)
  7. Colombia (0.3 tons)
  8. Haiti (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for medicaments of alkaloids or derivatives thereof 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 21201310 - Medicaments of alkaloids or derivatives thereof, n.p.r.s.
  • Prodcom 21201340 - Medicaments of alkaloids or derivatives thereof, p.r.s.

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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