Panama - Silica Sands (Quartz Sands Or Industrial Sands) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilica Sand Price in Panama - 2023
Contents:
- Silica Sand Price in Panama (CIF) - 2022
- Silica Sand Price in Panama (FOB) - 2022
- Silica Sand Imports in Panama
- Silica Sand Exports in Panama
Silica Sand Price in Panama (CIF) - 2022
In 2022, the average silica sand import price amounted to $271 per ton, falling by -9.7% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 123%. Over the period under review, average import prices hit record highs at $737 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guyana ($1,809 per ton), while the price for Chile ($139 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guyana (+27.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Silica Sand Price in Panama (FOB) - 2022
The average silica sand export price stood at $1,070 per ton in 2022, growing by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2013 an increase of 22%. The export price peaked at $1,210 per ton in 2017; however, from 2018 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 the Dominican Republic ($2,755 per ton), while the average price for exports to Costa Rica ($289 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 Colombia (-3.3%), while the prices for the other major destinations experienced a decline.
Silica Sand Imports in Panama
In 2022, silica sand imports into Panama surged to 1.4K tons, with an increase of 63% against the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, silica sand imports surged to $379K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silica Sand in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 170 | 131 | 114 | 152 | -3.7% |
| Costa Rica | 18.1 | 9.6 | 40.8 | 63.9 | 52.3% |
| Colombia | 3.4 | 0.6 | 31.0 | 48.6 | 142.7% |
| Spain | 24.0 | 29.3 | 17.3 | 20.5 | -5.1% |
| Guatemala | 4.4 | 39.5 | 3.9 | 11.8 | 38.9% |
| Chile | 2.4 | 15.3 | 3.5 | 8.4 | 51.8% |
| China | 1.7 | 4.6 | 3.2 | 5.0 | 43.3% |
| Others | 31.1 | 29.9 | 43.4 | 68.8 | 30.3% |
| Total | 256 | 259 | 258 | 379 | 14.0% |
Top Suppliers of Silica Sand to Panama in 2022:
- United States (452.6 tons)
- Costa Rica (444.6 tons)
- Colombia (193.2 tons)
- Spain (132.4 tons)
- Chile (60.7 tons)
- China (21.5 tons)
- Guatemala (15.7 tons)
Silica Sand Exports in Panama
Silica sand exports from Panama amounted to 24 tons in 2022, growing by 4.7% compared with the year before. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 21%. As a result, the exports attained the peak of 25 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, silica sand exports stood at $26K in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, the exports reached the peak of $27K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Silica Sand in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 17.6 | 23.6 | 18.8 | 19.6 | 3.7% |
| Costa Rica | 1.4 | 0.8 | 2.6 | 3.2 | 31.7% |
| Venezuela | 0.8 | 1.5 | 1.3 | 1.5 | 23.3% |
| Colombia | 0.3 | 1.1 | 1.0 | 1.3 | 63.0% |
| Others | 0.8 | 0.3 | 0.4 | 0.1 | -50.0% |
| Total | 20.9 | 27.3 | 24.1 | 25.7 | 7.1% |
Top Export Markets for Silica Sand from Panama in 2022:
- Costa Rica (11.0 tons)
- Dominican Republic (7.1 tons)
- Colombia (3.4 tons)
- Venezuela (2.1 tons)
This report provides an in-depth analysis of the silica sand 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 08121150 - Silica sands (quartz sands or industrial sands)
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
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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
245
This report provides an in-depth analysis of the silica sand market in Panama.
167
This report provides an in-depth analysis of the construction sands market in Panama.
4787
This report provides an in-depth analysis of the global silica sand market.
1852
This report provides an in-depth analysis of the global natural sand market.
2143
This report provides an in-depth analysis of the global construction sands market.
245
This report provides an in-depth analysis of the silica sand market in Panama.
167
This report provides an in-depth analysis of the construction sands market in Panama.
4787
This report provides an in-depth analysis of the global silica sand market.
1852
This report provides an in-depth analysis of the global natural sand market.
2143
This report provides an in-depth analysis of the global construction sands market.
2028
For the third consecutive year, the global silica sands market recorded growth in sales value, which increased by...
2032
In 2016, approx. X tons of silica sand were imported worldwide- coming up by X% against the previous year level. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports...
820
In 2016, approx. X tons of silica sand were imported worldwide- coming up by X% against the previous year level. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports...
1443
The U.S. continued its dominance in the global natural sand trade. In 2014, the U.S. exported X thousand tons of natural sands totaling X million USD, X% over the previous year. Its primary trading partner was Canada, where it supplied X% of
2028
For the third consecutive year, the global silica sands market recorded growth in sales value, which increased by...
2032
In 2016, approx. X tons of silica sand were imported worldwide- coming up by X% against the previous year level. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports...
820
In 2016, approx. X tons of silica sand were imported worldwide- coming up by X% against the previous year level. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports...
1443
The U.S. continued its dominance in the global natural sand trade. In 2014, the U.S. exported X thousand tons of natural sands totaling X million USD, X% over the previous year. Its primary trading partner was Canada, where it supplied X% of
