Panama - Tableware And Kitchenware Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wood Kitchenware and Tableware in Panama - 2023
Contents:
- Price for Wood Kitchenware and Tableware in Panama (CIF) - 2022
- Price for Wood Kitchenware and Tableware in Panama (FOB) - 2022
- Imports of Wood Kitchenware and Tableware in Panama
- Exports of Wood Kitchenware and Tableware in Panama
Price for Wood Kitchenware and Tableware in Panama (CIF) - 2022
The average wood kitchenware and tableware import price stood at $4,758 per ton in 2022, reducing by -7.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 23% against the previous year. Over the period under review, average import prices attained the peak figure at $5,415 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($7,010 per ton), while the price for Colombia ($3,934 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wood Kitchenware and Tableware in Panama (FOB) - 2022
The average wood kitchenware and tableware export price stood at $6,728 per ton in 2022, approximately mirroring the previous year. In general, the export price posted a measured expansion. The pace of growth was the most pronounced in 2020 an increase of 26%. The export price peaked at $7,015 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($7,308 per ton), while the average price for exports to Curacao ($4,656 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood Kitchenware and Tableware in Panama
Wood kitchenware and tableware imports into Panama reduced to 201 tons in 2022, with a decrease of -2.4% against the previous year's figure. Overall, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 24%.
In value terms, wood kitchenware and tableware imports reduced to $954K in 2022. In general, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 49%.
| Import of Wood Kitchenware and Tableware in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 585 | 492 | 715 | 601 | 0.9% |
| United States | 88.7 | 67.6 | 143 | 119 | 10.3% |
| Free Zones | 32.0 | 24.5 | 50.7 | 86.8 | 39.5% |
| India | 29.9 | 8.2 | 34.3 | 32.0 | 2.3% |
| Thailand | 60.6 | 23.4 | 59.0 | 29.5 | -21.3% |
| Spain | 12.9 | 15.4 | 9.9 | 23.8 | 22.6% |
| Colombia | 0.2 | 3.8 | 5.3 | 21.6 | 376.2% |
| Brazil | 322 | 34.4 | 9.6 | 6.8 | -72.4% |
| Others | 184 | 36.7 | 28.5 | 34.7 | -42.7% |
| Total | 1,316 | 706 | 1,054 | 954 | -10.2% |
Top Suppliers of Wood Kitchenware and Tableware to Panama in 2022:
- China (135.3 tons)
- United States (22.5 tons)
- Free Zones (13.0 tons)
- Thailand (7.4 tons)
- India (6.1 tons)
- Colombia (5.5 tons)
- Spain (3.9 tons)
- Brazil (1.0 tons)
Exports of Wood Kitchenware and Tableware in Panama
For the third year in a row, Panama recorded decline in overseas shipments of tableware and kitchenware of wood, which decreased by 0% to 24 tons in 2022. Overall, exports continue to indicate a sharp setback. The smallest decline of -52.1% was in 2020.
In value terms, wood kitchenware and tableware exports totaled $162K in 2022. In general, exports faced a dramatic contraction. The smallest decline of -39.6% was in 2020.
| Export of Wood Kitchenware and Tableware in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.7 | 85.1 | N/A | 40.0 | 50.6% |
| Costa Rica | 44.1 | 49.9 | N/A | 23.4 | -19.0% |
| Dominican Republic | 28.6 | 48.1 | N/A | 22.6 | -7.5% |
| Chile | 9.4 | 5.1 | N/A | 13.8 | 13.7% |
| Honduras | 12.8 | 25.0 | N/A | 11.8 | -2.7% |
| Colombia | 11.3 | 7.9 | N/A | 6.0 | -19.0% |
| Mexico | 4.1 | 10.9 | N/A | 5.4 | 9.6% |
| Venezuela | 9.3 | 9.7 | N/A | 4.6 | -20.9% |
| Haiti | 4.6 | 0.2 | N/A | 3.5 | -8.7% |
| Guatemala | 3.1 | 6.9 | N/A | 3.2 | 1.1% |
| El Salvador | 4.6 | 6.1 | N/A | 2.9 | -14.3% |
| Curacao | 10.0 | 2.2 | N/A | 2.7 | -35.4% |
| Brazil | 321 | N/A | N/A | N/A | 0% |
| Others | 63.1 | 67.7 | N/A | 22.6 | -29.0% |
| Total | 537 | 325 | N/A | 162 | -32.9% |
Top Export Markets for Wood Kitchenware and Tableware from Panama in 2022:
- United States (5.6 tons)
- Costa Rica (3.3 tons)
- Dominican Republic (3.2 tons)
- Honduras (2.1 tons)
- Chile (1.9 tons)
- Colombia (1.0 tons)
- Venezuela (0.8 tons)
- Mexico (0.7 tons)
- Guatemala (0.7 tons)
- Curacao (0.6 tons)
- Haiti (0.5 tons)
- El Salvador (0.4 tons)
This report provides an in-depth analysis of the market for wood kitchenware and tableware 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 16291200 - Tableware and kitchenware of wood
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.
-
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
-
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
-
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
-
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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