Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama - 2023
Contents:
- Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama (CIF) - 2022
- Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama (FOB) - 2022
- Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama
- Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama
Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama (CIF) - 2022
In 2022, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $0.2 per unit, waning by -39% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 45% against the previous year. Over the period under review, average import prices reached the maximum at $0.5 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($0.4 per unit), while the price for Colombia ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama (FOB) - 2022
In 2022, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $0.4 per unit, approximately mirroring the previous year. In general, the export price showed significant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 809% against the previous year. The export price peaked at $0.5 per unit in 2018; however, from 2019 to 2022, the 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 Colombia ($3.8 per unit), while the average price for exports to Ecuador (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+37.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama
In 2022, after two years of decline, there was significant growth in overseas purchases of slide fasteners; fitted with chain scoops of base metals, when their volume increased by 1,517% to 454K units. Overall, imports showed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of slide fasteners; fitted with chain scoops of base metals soared to $76K in 2022. Over the period under review, imports, however, continue to indicate a deep reduction. Over the period under review, imports of attained the maximum at $144K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 38.9 | 18.6 | 1.9 | 48.0 | 7.3% |
| Brazil | 0.1 | N/A | N/A | 14.7 | 427.8% |
| United States | 0.7 | 0.1 | 0.1 | 4.7 | 88.7% |
| Colombia | 9.4 | 1.2 | 0.2 | 4.5 | -21.8% |
| China | 27.6 | 1.0 | N/A | 2.5 | -55.1% |
| Free Zones | 3.0 | 0.8 | N/A | 1.6 | -18.9% |
| Thailand | 2.3 | 1.2 | 0.1 | N/A | -79.1% |
| Peru | 16.1 | 20.7 | 2.2 | N/A | -63.0% |
| Mexico | 30.8 | 18.0 | 2.3 | N/A | -72.7% |
| Others | 14.6 | 9.7 | 0.8 | N/A | -76.6% |
| Total | 144 | 71.3 | 7.7 | 75.9 | -19.2% |
Top Suppliers of Slide Fasteners; Fitted with Chain Scoops of Base Metal to Panama in 2022:
- El Salvador (270.5K units)
- Colombia (79.5K units)
- Brazil (40.4K units)
- United States (30.1K units)
- China (26.6K units)
- Free Zones (7.1K units)
Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama
For the third year in a row, Panama recorded decline in overseas shipments of slide fasteners; fitted with chain scoops of base metals, which decreased by 0% to 54K units in 2022. Overall, exports saw a sharp contraction. The smallest decline of -73.7% was in 2020. The exports peaked at 434K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of slide fasteners; fitted with chain scoops of base metals amounted to $24K in 2022. Over the period under review, exports saw a dramatic downturn. The smallest decline of -76.6% was in 2020. The exports peaked at $202K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 61.5 | 15.7 | N/A | 9.2 | -46.9% |
| Colombia | 40.6 | 11.1 | N/A | 6.4 | -46.0% |
| Jamaica | 51.6 | 12.5 | N/A | 5.5 | -52.6% |
| Trinidad and Tobago | 13.3 | 3.3 | N/A | 1.6 | -50.6% |
| Venezuela | 4.4 | 0.9 | N/A | 0.3 | -59.1% |
| Ecuador | 1.4 | 0.4 | N/A | 0.2 | -47.7% |
| Others | 29.5 | 3.6 | N/A | 0.6 | -72.7% |
| Total | 202 | 47.4 | N/A | 23.7 | -51.0% |
Top Export Markets for Slide Fasteners; Fitted with Chain Scoops of Base Metal from Panama in 2022:
- Guatemala (41.9K units)
- Ecuador (4.2K units)
- Jamaica (3.0K units)
- Trinidad and Tobago (2.1K units)
- Colombia (1.7K units)
- Venezuela (0.6K units)
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