Panama - Safety Headgear - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Headgear Price in Panama - 2023
Contents:
- Safety Headgear Price in Panama (CIF) - 2022
- Safety Headgear Price in Panama (FOB) - 2022
- Safety Headgear Imports in Panama
- Safety Headgear Exports in Panama
Safety Headgear Price in Panama (CIF) - 2022
In 2022, the average safety headgear import price amounted to $28 per unit, surging by 5.8% against the previous year. Over the period under review, the import price showed resilient growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 85% against the previous year. Over the period under review, average import prices hit record highs at $31 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Mexico ($41 per unit), while the price for Taiwan (Chinese) ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Headgear Price in Panama (FOB) - 2022
In 2022, the average safety headgear export price amounted to $45 per unit, almost unchanged from the previous year. Over the period under review, the export price recorded tangible growth. The growth pace was the most rapid in 2017 an increase of 109%. Over the period under review, the average export prices reached the maximum at $55 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to El Salvador ($48 per unit) and Cuba ($48 per unit), while the average price for exports to Peru ($43 per unit) and Colombia ($43 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Safety Headgear Imports in Panama
In 2022, supplies from abroad of safety headgear decreased by -1.3% to 59K units, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 0.9%. As a result, imports reached the peak of 67K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, safety headgear imports rose slightly to $1.7M in 2022. Overall, imports continue to indicate a deep reduction. Imports peaked at $2.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Safety Headgear in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 260 | 193 | 302 | 464 | 21.3% |
| China | 987 | 1,149 | 325 | 449 | -23.1% |
| Free Zones | 463 | 220 | 626 | 305 | -13.0% |
| Taiwan (Chinese) | 64.8 | 44.0 | 104 | 127 | 25.1% |
| Italy | 27.0 | 13.2 | 58.8 | 68.4 | 36.3% |
| Spain | 25.3 | 15.1 | 32.0 | 51.8 | 27.0% |
| Canada | 46.4 | 32.1 | 15.0 | 45.0 | -1.0% |
| Others | 204 | 242 | 136 | 158 | -8.2% |
| Total | 2,077 | 1,908 | 1,598 | 1,668 | -7.0% |
Top Suppliers of Safety Headgear to Panama in 2022:
- China (23.6K units)
- United States (11.4K units)
- Taiwan (Chinese) (8.1K units)
- Free Zones (7.5K units)
- Italy (1.7K units)
- Spain (1.3K units)
- Canada (1.1K units)
Safety Headgear Exports in Panama
For the third consecutive year, Panama recorded decline in shipments abroad of safety headgear, which decreased by 0% to 9.4K units in 2022. Over the period under review, exports showed a sharp downturn. The smallest decline of -41.3% was in 2020. Over the period under review, the exports reached the maximum at 32K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, safety headgear exports stood at $429K in 2022. In general, exports recorded a precipitous decline. The smallest decline of -43.9% was in 2020. Over the period under review, the exports attained the peak figure at $1.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Safety Headgear in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 22.3 | 147 | N/A | 53.6 | 34.0% |
| Cuba | 190 | 31.9 | N/A | 52.5 | -34.9% |
| Costa Rica | 126 | 109 | N/A | 47.9 | -27.6% |
| Nicaragua | 55.5 | 91.7 | N/A | 33.5 | -15.5% |
| Dominican Republic | 85.0 | 18.1 | N/A | 20.3 | -38.0% |
| United States | 33.7 | 32.1 | N/A | 16.5 | -21.2% |
| Belize | 39.4 | 42.2 | N/A | 15.9 | -26.1% |
| Peru | 28.4 | 42.6 | N/A | 15.6 | -18.1% |
| Venezuela | 20.0 | 35.5 | N/A | 13.0 | -13.4% |
| Ecuador | 61.3 | 16.9 | N/A | 13.0 | -40.4% |
| El Salvador | 17.6 | 16.6 | N/A | 10.7 | -15.3% |
| Paraguay | 32.3 | 15.4 | N/A | 10.6 | -31.0% |
| Guatemala | 31.6 | 21.6 | N/A | 10.3 | -31.2% |
| Others | 786 | 237 | N/A | 115 | -47.3% |
| Total | 1,528 | 857 | N/A | 429 | -34.5% |
Top Export Markets for Safety Headgear from Panama in 2022:
- Colombia (1259.0 units)
- Cuba (1102.0 units)
- Costa Rica (1028.0 units)
- Nicaragua (787.0 units)
- Dominican Republic (433.0 units)
- Peru (366.0 units)
- Belize (362.0 units)
- United States (348.0 units)
- Venezuela (304.0 units)
- Ecuador (293.0 units)
- Paraguay (225.0 units)
- El Salvador (222.0 units)
- Guatemala (222.0 units)
This report provides an in-depth analysis of the safety headgear 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 32991150 - Safety headgear
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.
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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
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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
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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
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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
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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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