Panama - Moulded Rubber Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Rubber-To-Metal and Moulded Article in Panama - 2023
Contents:
- Price for Rubber-To-Metal and Moulded Article in Panama (CIF) - 2023
- Price for Rubber-To-Metal and Moulded Article in Panama (FOB) - 2022
- Imports of Rubber-To-Metal and Moulded Article in Panama
- Exports of Rubber-To-Metal and Moulded Article in Panama
Price for Rubber-To-Metal and Moulded Article in Panama (CIF) - 2023
In July 2023, the average rubber-to-metal and moulded article import price amounted to $10,810 per ton, declining by -17.8% against the previous month. In general, import price indicated a moderate increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, rubber-to-metal and moulded article import price decreased by -17.8% against June 2023 indices. The pace of growth appeared the most rapid in May 2023 an increase of 93% against the previous month. The import price peaked at $16,844 per ton in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($12,873 per ton), while the price for China ($2,126 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 the United States (+0.0%), while the prices for the other major suppliers experienced a decline.
Price for Rubber-To-Metal and Moulded Article in Panama (FOB) - 2022
In 2022, the average rubber-to-metal and moulded article export price amounted to $13,839 per ton, remaining constant against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 75% against the previous year. The export price peaked at $14,364 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Venezuela ($13,965 per ton) and Ecuador ($13,962 per ton), while the average price for exports to Suriname ($13,630 per ton) and the Dominican Republic ($13,632 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber-To-Metal and Moulded Article in Panama
After two years of decline, purchases abroad of rubber-to-metal and moulded articles increased by 16% to 834 tons in 2022. Overall, imports, however, showed a deep contraction.
In value terms, rubber-to-metal and moulded article imports rose remarkably to $7M in 2022. In general, imports, however, recorded a abrupt decrease.
| Import of Rubber-To-Metal and Moulded Article in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,307 | 623 | 924 | 978 | -24.9% |
| Mexico | 961 | 2,042 | 1,367 | 931 | -1.1% |
| Free Zones | 716 | 1,039 | 1,320 | 863 | 6.4% |
| China | 1,339 | 751 | 980 | 830 | -14.7% |
| Chile | 15.1 | 21.7 | 115 | 395 | 196.9% |
| Peru | 7.9 | N/A | 0.1 | 354 | 255.2% |
| Taiwan (Chinese) | 441 | 310 | 105 | 257 | -16.5% |
| Spain | 523 | 44.0 | 73.3 | 126 | -37.8% |
| Colombia | 162 | 184 | 138 | 114 | -11.1% |
| India | 226 | 332 | 55.5 | 47.5 | -40.5% |
| Thailand | 230 | 40.7 | 53.1 | 37.5 | -45.4% |
| Others | 1,342 | 1,216 | 1,002 | 2,090 | 15.9% |
| Total | 8,271 | 6,604 | 6,134 | 7,024 | -5.3% |
Top Suppliers of Rubber-To-Metal and Moulded Article to Panama in 2022:
- China (270.5 tons)
- Mexico (104.4 tons)
- Chile (84.2 tons)
- Free Zones (66.1 tons)
- United States (60.4 tons)
- Taiwan (Chinese) (46.1 tons)
- Peru (41.4 tons)
- Colombia (13.8 tons)
- Spain (12.8 tons)
- Thailand (7.5 tons)
- India (3.6 tons)
Exports of Rubber-To-Metal and Moulded Article in Panama
Rubber-to-metal and moulded article exports from Panama stood at 47 tons in 2022, stabilizing at 2021 figures. Overall, exports faced a precipitous decrease. The smallest decline of -2.4% was in 2020.
In value terms, rubber-to-metal and moulded article exports stood at $648K in 2022. Over the period under review, exports faced a precipitous setback. The smallest decline of -5.9% was in 2020.
| Export of Rubber-To-Metal and Moulded Article in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 119 | 93.0 | N/A | 83.0 | -11.3% |
| Honduras | 83.7 | 169 | N/A | 64.9 | -8.1% |
| Dominican Republic | 35.7 | 140 | N/A | 53.6 | 14.5% |
| Colombia | 114 | 71.2 | N/A | 51.2 | -23.4% |
| Venezuela | 186 | 95.9 | N/A | 49.2 | -35.8% |
| United States | 22.6 | 79.9 | N/A | 30.6 | 10.6% |
| Guatemala | 99.8 | 54.8 | N/A | 28.7 | -34.0% |
| El Salvador | 84.2 | 49.5 | N/A | 24.3 | -33.9% |
| Costa Rica | 71.1 | 42.4 | N/A | 24.1 | -30.3% |
| Ecuador | 68.3 | 26.2 | N/A | 20.0 | -33.6% |
| Trinidad and Tobago | 54.9 | 36.0 | N/A | 18.5 | -30.4% |
| Guyana | 14.5 | 47.7 | N/A | 18.3 | 8.1% |
| Suriname | 3.2 | 43.2 | N/A | 16.6 | 73.1% |
| Others | 421 | 347 | N/A | 165 | -26.8% |
| Total | 1,377 | 1,295 | N/A | 648 | -22.2% |
Top Export Markets for Rubber-To-Metal and Moulded Article from Panama in 2022:
- Chile (6.0 tons)
- Honduras (4.8 tons)
- Dominican Republic (3.9 tons)
- Colombia (3.7 tons)
- Venezuela (3.5 tons)
- United States (2.2 tons)
- Guatemala (2.1 tons)
- El Salvador (1.7 tons)
- Costa Rica (1.7 tons)
- Ecuador (1.4 tons)
- Guyana (1.3 tons)
- Trinidad and Tobago (1.3 tons)
- Suriname (1.2 tons)
This report provides an in-depth analysis of the market for rubber-to-metal and moulded article 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 22197345 - Rubber-to-metal bonded articles for tractors and motor vehicles
- Prodcom 2297347 -
- Prodcom 22197349 - Rubber-to-metal bonded articles for other uses than for tractors and motor vehicles
- Prodcom 22197365 - Articles of vulcanised solid rubber other than for tractors and motor vehicles
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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