Report Update: Apr 1, 2024

Panama - Combined Reel Slitting And Re-Reeling Cutting Machines For Paper And Paperboard - Market Analysis, Forecast, Size, Trends And Insights

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Reel Cutting Slitter Price in Panama - 2023

Reel Cutting Slitter Price in Panama (CIF) - 2022

The average reel cutting slitter import price stood at $5,481 per unit in 2022, which is down by -26.6% against the previous year. Overall, the import price, however, continues to indicate a temperate expansion. The growth pace was the most rapid in 2015 an increase of 55%. The import price peaked at $7,464 per unit in 2021, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($18,615 per unit), while the price for Hong Kong SAR ($1,363 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+91.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Reel Cutting Slitter Price in Panama (FOB) - 2022

In 2022, the average reel cutting slitter export price amounted to $3,373 per unit, approximately equating the previous year. In general, the export price saw a perceptible reduction. The growth pace was the most rapid in 2016 an increase of 88% against the previous year. Over the period under review, the average export prices hit record highs at $11,441 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($11,464 per unit), while the average price for exports to Aruba ($322 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 Colombia (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Reel Cutting Slitter Imports in Panama

In 2022, supplies from abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard increased by 57% to 130 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, reel cutting slitter imports skyrocketed to $713K in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 18%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Reel Cutting Slitter in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	403	285	64.3	307	-8.7%
Czech Republic	N/A	N/A	81.1	149	83.7%
United States	126	200	94.7	147	5.3%
Free Zones	53.3	26.5	81.6	69.4	9.2%
Brazil	N/A	43.5	N/A	27.7	-20.2%
Others	12.1	145	298	12.7	1.6%
Total	594	699	619	713	6.3%

Top Suppliers of Reel Cutting Slitter to Panama in 2022:

China (71.0 units)
United States (22.0 units)
Free Zones (20.0 units)
Czech Republic (8.0 units)
Brazil (2.0 units)

Reel Cutting Slitter Exports in Panama

For the third year in a row, Panama recorded decline in overseas shipments of combined reel slitting and re-reeling cutting machines for paper and paperboard, which decreased by 0% to 20 units in 2022. Overall, exports showed a deep contraction. The smallest decline of -7.4% was in 2020. The exports peaked at 27 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, reel cutting slitter exports amounted to $67K in 2022. Over the period under review, exports faced a precipitous contraction. The smallest decline of -45.2% was in 2020. Over the period under review, the exports hit record highs at $246K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Reel Cutting Slitter in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Colombia	40.5	7.0	N/A	11.5	-34.3%
Guatemala	23.0	22.0	N/A	7.6	-30.9%
Dominican Republic	18.3	10.0	N/A	6.0	-31.0%
Costa Rica	12.5	16.7	N/A	4.7	-27.8%
Honduras	12.7	4.2	N/A	3.4	-35.5%
Cuba	6.9	9.5	N/A	2.9	-25.1%
El Salvador	11.2	9.9	N/A	2.8	-37.0%
Chile	9.6	2.9	N/A	2.3	-37.9%
Guyana	1.7	1.6	N/A	1.0	-16.2%
Jamaica	2.8	1.2	N/A	0.7	-37.0%
Curacao	0.6	2.3	N/A	0.6	0.0%
Belize	2.4	0.6	N/A	0.4	-45.0%
Aruba	1.8	0.6	N/A	0.3	-45.0%
Others	102	46.5	N/A	23.2	-39.0%
Total	246	135	N/A	67.5	-35.0%

Top Export Markets for Reel Cutting Slitter from Panama in 2022:

Jamaica (1.0 units)
Honduras (1.0 units)
Curacao (1.0 units)
Cuba (1.0 units)
El Salvador (1.0 units)
Guyana (1.0 units)
Costa Rica (1.0 units)
Guatemala (1.0 units)
Aruba (1.0 units)
Chile (1.0 units)
Colombia (1.0 units)
Belize (1.0 units)
Dominican Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the reel cutting slitter market 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 28951133 - Combined reel slitting and re-reeling cutting machines for paper and paperboard (excluding film cutting machines and apparatus)

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
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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
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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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023