Price for Printed Matter in Single Sheets in Panama - 2023

Contents:

1. Price for Printed Matter in Single Sheets in Panama (CIF) - 2023
2. Price for Printed Matter in Single Sheets in Panama (FOB) - 2022
3. Imports of Printed Matter in Single Sheets in Panama
4. Exports of Printed Matter in Single Sheets in Panama

Price for Printed Matter in Single Sheets in Panama (CIF) - 2023

In July 2023, the average import price for printed matter in single sheets, whether or not folded amounted to $11,957 per ton, increasing by 31% against the previous month. In general, the import price recorded a tangible expansion. The pace of growth was the most pronounced in December 2022 an increase of 110% against the previous month. As a result, import price reached the peak level of $16,928 per ton. From January 2023 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($23,835 per ton), while the price for Costa Rica ($2,787 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mexico (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Printed Matter in Single Sheets in Panama (FOB) - 2022

In 2022, the average export price for printed matter in single sheets, whether or not folded amounted to $9,282 per ton, rising by 5.9% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, printed matter in single sheets export price decreased by -12.9% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 74%. Over the period under review, the average export prices hit record highs at $10,651 per ton in 2019; however, from 2020 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 Free Zones.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +8.8% per year.

Imports of Printed Matter in Single Sheets in Panama

For the third year in a row, Panama recorded decline in overseas purchases of printed matter in single sheets, whether or not folded, which decreased by -17.6% to 448 tons in 2022. Over the period under review, imports saw a dramatic contraction. The smallest decline of -13.2% was in 2020.

In value terms, printed matter in single sheets imports expanded significantly to $4.1M in 2022. In general, imports saw a drastic downturn.

Top Suppliers of Printed Matter in Single Sheets to Panama in 2022:

1. United States (118.6 tons)
2. Germany (79.5 tons)
3. Colombia (77.7 tons)
4. Free Zones (49.9 tons)
5. Mexico (23.4 tons)
6. Spain (21.4 tons)
7. India (16.6 tons)
8. Italy (0.6 tons)

Exports of Printed Matter in Single Sheets in Panama

In 2022, printed matter in single sheets exports from Panama soared to 40 tons, surging by 44% compared with 2021. In general, exports saw strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 234% against the previous year. As a result, the exports reached the peak of 109 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, printed matter in single sheets exports surged to $367K in 2022. Overall, exports enjoyed a modest expansion. The pace of growth appeared the most rapid in 2020 with an increase of 193% against the previous year. As a result, the exports attained the peak of $1M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Printed Matter in Single Sheets from Panama in 2022:

1. United States (undefined tons)
2. Free Zones (39.5 tons)

Source: IndexBox Market Intelligence Platform