Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama (CIF) - 2022
In 2022, the average import price for wood amounted to $98 per cubic meter, standing approx. at the previous year. Overall, the import price recorded a slight decrease. The pace of growth appeared the most rapid in 2018 an increase of 58%. As a result, import price reached the peak level of $135 per cubic meter. From 2019 to 2022, the average 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 ($153 per cubic meter), while the price for Spain ($79 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+36.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama (FOB) - 2022
In 2021, the average export price for wood amounted to $1.9 per cubic meter, approximately equating the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the average export price decreased by -22.8% against the previous year. The export price peaked at $2.4 per cubic meter in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Honduras.
From 2018 to 2021, the rate of growth in terms of prices for Honduras amounted to 0.0% per year.
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama
For the fourth year in a row, Panama recorded growth in purchases abroad of wood, which increased by 0.5% to 971 cubic meters in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 816% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of wood reached $95K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 548%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 7.8 | 42.5 | 81.0 | 78.6 | 116.0% |
| United States | 1.4 | 17.1 | 11.6 | 14.5 | 118.0% |
| Spain | 0.3 | 1.7 | 0.3 | 1.4 | 67.1% |
| Others | 0.1 | 0.3 | 1.4 | 0.3 | 44.2% |
| Total | 9.5 | 61.5 | 94.3 | 94.8 | 115.3% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Panama in 2022:
- Vietnam (857.0 cubic meters)
- United States (95.0 cubic meters)
- Spain (18.0 cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama
In 2021, approx. 567 cubic meters of wood were exported from Panama; remaining stable against the year before. In general, exports showed a precipitous curtailment. The smallest decline of 99.9% was in 2020. The exports peaked at 1.1K cubic meters in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
In value terms, exports of wood amounted to $1.1K in 2021. Overall, exports continue to indicate a dramatic decrease. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum at $2.1K in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Honduras | N/A | N/A | 1.1 | 0% | |
| Germany | 2.1 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.1 | N/A | 1.1 | -27.6% | |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Panama in 2022:
- Honduras (567.0 cubic meters)
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