Price for Sheep, Goat, Swine or Reptile Leather in Panama - 2023
Contents:
- Price for Sheep, Goat, Swine or Reptile Leather in Panama (CIF) - 2022
- Price for Sheep, Goat, Swine or Reptile Leather in Panama (FOB) - 2022
- Imports of Sheep, Goat, Swine or Reptile Leather in Panama
- Exports of Sheep, Goat, Swine or Reptile Leather in Panama
Price for Sheep, Goat, Swine or Reptile Leather in Panama (CIF) - 2022
In 2022, the average import price for sheep, goat, swine or reptile leather, excluding chamois leather amounted to $6.2 per square meter, leveling off at the previous year. Over the period under review, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 0.5% against the previous year. The import price peaked at $11 per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21 per square meter), while the price for China ($2.4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sheep, Goat, Swine or Reptile Leather in Panama (FOB) - 2022
In 2022, the average export price for sheep, goat, swine or reptile leather, excluding chamois leather amounted to $2 per square meter, with a decrease of -4.8% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 when the average export price increased by 50% against the previous year. As a result, the export price reached the peak level of $13 per square meter. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($65 per square meter), while the average price for exports to Jamaica ($0.8 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+21.9%), while the prices for the other major destinations experienced a decline.
Imports of Sheep, Goat, Swine or Reptile Leather in Panama
In 2022, approx. 1.3M square meters of sheep, goat, swine or reptile leather, excluding chamois leather were imported into Panama; picking up by 19% on 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather soared to $7.8M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sheep, Goat, Swine or Reptile Leather in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 3.1 | 4.5 | 5.0 | 5.8 | 23.2% |
| China | 0.2 | 0.3 | 0.4 | 0.6 | 44.2% |
| Italy | 0.5 | 0.3 | 0.4 | 0.5 | 0.0% |
| United States | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
| Colombia | 0.3 | N/A | 0.3 | 0.4 | 10.1% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 4.8 | 5.5 | 6.6 | 7.8 | 17.6% |
Top Suppliers of Sheep, Goat, Swine or Reptile Leather to Panama in 2022:
- Nigeria (443.9K square meters)
- China (232.8K square meters)
- Italy (65.4K square meters)
- Colombia (58.8K square meters)
- United States (25.8K square meters)
Exports of Sheep, Goat, Swine or Reptile Leather in Panama
In 2022, the amount of sheep, goat, swine or reptile leather, excluding chamois leather exported from Panama totaled 109K square meters, surging by 9.1% compared with the previous year's figure. The total export volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather amounted to $223K in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 3.9% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Sheep, Goat, Swine or Reptile Leather in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 104 | 102 | 98.9 | 83.1 | -7.2% |
| Mexico | 49.2 | 50.2 | 50.7 | 44.1 | -3.6% |
| Dominican Republic | 16.3 | 21.1 | 27.1 | 30.0 | 22.5% |
| Guatemala | 23.5 | 26.1 | 28.8 | 27.6 | 5.5% |
| Jamaica | 2.7 | 3.2 | 3.7 | 3.7 | 11.1% |
| Others | 4.1 | 4.4 | 5.9 | 34.9 | 104.2% |
| Total | 200 | 207 | 215 | 223 | 3.7% |
Top Export Markets for Sheep, Goat, Swine or Reptile Leather from Panama in 2022:
- Guatemala (19.2K square meters)
- Mexico (16.2K square meters)
- Dominican Republic (10.8K square meters)
- Jamaica (4.5K square meters)
- Spain (1.3K square meters)
95
This report provides an in-depth analysis of the sheep leather market in Panama.
385
This report provides an in-depth analysis of the global market for sheep, goat, swine or reptile leather.
733
This report provides an in-depth analysis of the global sheep leather market.
95
This report provides an in-depth analysis of the sheep leather market in Panama.
385
This report provides an in-depth analysis of the global market for sheep, goat, swine or reptile leather.
733
This report provides an in-depth analysis of the global sheep leather market.
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