Transfers (Decalcomanias) Price in Panama - 2023

Transfers (Decalcomanias) Price in Panama (CIF) - 2022

The average transfers (decalcomanias) import price stood at $31,331 per ton in 2022, surging by 20% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 128%. Over the period under review, average import prices hit record highs at $34,087 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Germany ($131,405 per ton), while the price for Mexico ($19,918 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 (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Transfers (Decalcomanias) Price in Panama (FOB) - 2022

The average transfers (decalcomanias) export price stood at $16,922 per ton in 2022, surging by 3.1% against the previous year. Over the period under review, the export price posted pronounced growth. The most prominent rate of growth was recorded in 2017 an increase of 119%. The export price peaked at $33,004 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($36,210 per ton), while the average price for exports to Costa Rica ($3,806 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 Venezuela (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Transfers (Decalcomanias) Imports in Panama

In 2022, approx. 22 tons of transfers (decalcomanias)s were imported into Panama; which is down by -13.5% on 2021. Over the period under review, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year.

In value terms, transfers (decalcomanias) imports rose to $695K in 2022. Overall, imports showed a abrupt descent.

Import of Transfers (Decalcomanias) in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	629	261	167	215	-30.1%
Germany	6.7	151	193	200	210.2%
United States	248	47.6	182	94.2	-27.6%
Free Zones	139	84.0	64.6	65.6	-22.1%
Colombia	27.1	57.6	6.1	42.0	15.7%
Spain	1.6	0.4	0.3	30.6	167.4%
Mexico	12.9	8.8	5.4	14.6	4.2%
Taiwan (Chinese)	2.0	1.5	1.3	N/A	-19.4%
Others	91.8	92.9	50.9	33.9	-28.3%
Total	1,158	705	670	695	-15.6%

Top Suppliers of Transfers (Decalcomanias) to Panama in 2022:

China (9.7 tons)
United States (3.4 tons)
Free Zones (2.8 tons)
Colombia (1.8 tons)
Germany (1.5 tons)
Spain (1.4 tons)
Mexico (0.7 tons)

Transfers (Decalcomanias) Exports in Panama

In 2022, shipments abroad of transfers (decalcomanias)s was finally on the rise to reach 7.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep downturn.

In value terms, transfers (decalcomanias) exports skyrocketed to $126K in 2022. Overall, exports, however, recorded a sharp contraction.

Export of Transfers (Decalcomanias) in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Costa Rica	34.9	15.8	4.0	12.1	-29.7%
Guatemala	19.4	6.2	4.1	11.3	-16.5%
Honduras	39.4	4.3	2.0	9.2	-38.4%
Trinidad and Tobago	9.2	13.4	3.9	8.2	-3.8%
Ecuador	30.5	13.2	N/A	5.4	-43.8%
Peru	6.7	6.0	1.8	3.8	-17.2%
Aruba	3.3	2.9	1.1	2.2	-12.6%
Dominican Republic	49.3	10.0	1.9	1.9	-66.2%
Nicaragua	58.2	21.4	0.3	0.6	-78.2%
El Salvador	11.9	4.9	1.3	0.4	-67.7%
Belize	5.3	1.1	0.2	0.2	-66.5%
Others	180	99.9	32.9	70.9	-26.7%
Total	448	199	53.5	126	-34.5%