Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama - 2023

Contents:

  1. Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama (CIF) - 2023
  2. Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama (FOB) - 2022
  3. Imports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama
  4. Exports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama

Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama (CIF) - 2023

In November 2023, the average import price for oral or dental hygiene preparations; including fixative pastes and powderses amounted to $8,136 per ton, reducing by -7.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 49% m-o-m. Over the period under review, average import prices hit record highs at $11,438 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Free Zones ($31,873 per ton), while the price for Colombia ($2,947 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Free Zones (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama (FOB) - 2022

In 2022, the average export price for oral or dental hygiene preparations; including fixative pastes and powderses amounted to $21,743 per ton, picking up by 24% against the previous year. Overall, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 38%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahamas ($40,137 per ton), while the average price for exports to Grenada ($2,724 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 Venezuela (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama

In 2022, purchases abroad of oral or dental hygiene preparations; including fixative pastes and powderses decreased by -34.7% to 2.9K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of less than 0.1%. As a result, imports reached the peak of 5.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of oral or dental hygiene preparations; including fixative pastes and powderses contracted notably to $25M in 2022. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 5.6% against the previous year. As a result, imports attained the peak of $31M, and then plummeted in the following year.

Import of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala2.94.410.88.844.8%
Mexico7.27.910.78.24.4%
United States8.67.72.52.2-36.5%
Free Zones3.83.22.72.2-16.7%
Brazil0.60.71.91.638.7%
Colombia0.30.90.80.626.0%
China2.70.60.40.3-51.9%
Others4.14.11.41.1-35.5%
Total30.229.531.125.0-6.1%

Top Suppliers of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders to Panama in 2022:

  1. Mexico (1032.4 tons)
  2. Guatemala (792.8 tons)
  3. United States (341.5 tons)
  4. Colombia (270.0 tons)
  5. Brazil (208.6 tons)
  6. Free Zones (185.0 tons)
  7. China (22.2 tons)

Exports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama

For the third consecutive year, Panama recorded decline in shipments abroad of oral or dental hygiene preparations; including fixative pastes and powderses, which decreased by -30.1% to 58 tons in 2022. Over the period under review, exports saw a dramatic decline. The smallest decline of -21.3% was in 2020.

In value terms, exports of oral or dental hygiene preparations; including fixative pastes and powderses shrank to $1.3M in 2022. Overall, exports saw a abrupt setback. The smallest decline of -3.6% was in 2020.

Export of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BarbadosN/A3913844153.0%
Jamaica607426473310-20.1%
Dominican Republic3.30.20.6140248.8%
Guyana66.546.211692.611.7%
NetherlandsN/AN/A11790.0-23.1%
Ecuador21.014.310.571.850.6%
Bahamas158129N/A69.0-24.1%
Costa Rica23756.48.838.0-45.7%
Trinidad and Tobago15.539.5N/A19.47.8%
Aruba10082.027.07.1-58.6%
Guatemala8939213016.5-80.6%
Belize53.0N/A7.90.2-84.4%
Others90.559.310.90.2-87.0%
Total2,2452,1651,4571,259-17.5%

Top Export Markets for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders from Panama in 2022:

  1. Jamaica (19.2 tons)
  2. Barbados (11.1 tons)
  3. Dominican Republic (6.5 tons)
  4. Netherlands (5.0 tons)
  5. Guyana (4.7 tons)
  6. Ecuador (3.6 tons)
  7. Costa Rica (2.2 tons)
  8. Bahamas (1.7 tons)
  9. Trinidad and Tobago (1.7 tons)
  10. Aruba (1.7 tons)
  11. Guatemala (0.2 tons)
  12. Belize (0.1 tons)

Source: IndexBox Market Intelligence Platform

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