Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama - 2023
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $12,323 per ton, reducing by -5.7% against the previous year. Over the period under review, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2013 an increase of 52%. Over the period under review, average import prices reached the peak figure at $31,819 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($37,033 per ton), while the price for the United States ($10,289 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama (FOB) - 2022
In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $10,785 per ton, shrinking by -81.4% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 960% against the previous year. The export price peaked at $135,958 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($12,587 per ton), while the average price for exports to Chile stood at $3,458 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama
In 2022, overseas purchases of press-fasteners, snap-fasteners, press-studs and parts therefor were finally on the rise to reach 20 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor skyrocketed to $241K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.5 | 0.6 | 2.3 | 175 | 90.0% |
| United States | 3.3 | 4.6 | 0.8 | 40.0 | 129.7% |
| Israel | N/A | N/A | N/A | 17.0 | 0% |
| Colombia | 10.3 | N/A | N/A | 2.3 | -39.3% |
| Free Zones | 3.4 | 7.1 | 1.0 | 1.5 | -23.9% |
| Taiwan (Chinese) | 9.7 | 10.2 | N/A | N/A | 5.2% |
| Brazil | 13.1 | 4.3 | N/A | N/A | -67.2% |
| Others | N/A | 9.9 | 1.0 | 4.7 | -31.1% |
| Total | 65.3 | 36.7 | 5.1 | 241 | 54.5% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Panama in 2022:
- China (14.0 tons)
- United States (3.9 tons)
- Israel (1.4 tons)
- Colombia (0.1 tons)
- Free Zones (0.1 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama
In 2022, approx. 158 kg of press-fasteners, snap-fasteners, press-studs and parts therefor were exported from Panama; increasing by 95% compared with 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 267%. As a result, the exports attained the peak of 275 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor declined sharply to $1.7K in 2022. In general, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 106% against the previous year. As a result, the exports reached the peak of $5.1K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 0.9 | 1.0 | 0.9 | 1.4 | 15.9% |
| Chile | N/A | N/A | N/A | 0.2 | 0% |
| Dominica | N/A | 0.1 | N/A | N/A | 0% |
| Sri Lanka | 1.6 | N/A | N/A | N/A | 0% |
| Trinidad and Tobago | N/A | 2.8 | N/A | N/A | 0% |
| India | N/A | N/A | 3.5 | N/A | 0% |
| Philippines | N/A | 1.2 | 0.3 | N/A | -75.0% |
| Others | N/A | N/A | N/A | 0.2 | 0% |
| Total | 2.5 | 5.1 | 4.7 | 1.7 | -12.1% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Panama in 2022:
- Costa Rica (109.0 kg)
- Chile (48.0 kg)
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