Wooden Window Price in Panama - 2022
Contents:
- Wooden Window Price in Panama (CIF) - 2022
- Wooden Window Price in Panama (FOB) - 2022
- Wooden Window Imports in Panama
- Wooden Window Exports in Panama
Wooden Window Price in Panama (CIF) - 2022
In 2021, the average wooden window import price amounted to $662 per unit, picking up by 83% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 109% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($9 per unit), while the price for Spain ($3.2 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced a decline.
Wooden Window Price in Panama (FOB) - 2022
The average wooden window export price stood at $444 per unit in 2021, shrinking by -34.3% against the previous year. Over the period under review, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 66%. The export price peaked at $823 per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($19 per unit), while the average price for exports to the Dominican Republic ($4 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Barbados (+135.0%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Window Imports in Panama
In 2022, purchases abroad of windows, french windows and their frames of wood was finally on the rise to reach 1.5K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wooden window imports skyrocketed to $447K in 2022. In general, imports, however, recorded a deep contraction. Imports peaked at $609K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Wooden Window in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 350 | 98.2 | 236 | -17.9% | |
| United States | 25.1 | 22.6 | 35.3 | 18.6% | |
| Spain | 16.9 | 11.8 | 32.3 | 38.2% | |
| Costa Rica | 4.8 | 7.0 | 28.3 | 142.8% | |
| Italy | 21.0 | 2.8 | 4.4 | -54.2% | |
| Free Zones | 103 | 93.6 | N/A | -9.1% | |
| Argentina | N/A | 13.4 | N/A | 0% | |
| Chile | 36.8 | 55.7 | N/A | 51.4% | |
| Brazil | 28.7 | 17.8 | N/A | -38.0% | |
| Others | 22.6 | 25.8 | 2.9 | -64.2% | |
| Total | 609 | 349 | 340 | -25.3% | |
Top Suppliers of Wooden Window to Panama in 2022:
- China (26.2K units)
- Spain (10.0K units)
- United States (4.6K units)
- Costa Rica (4.5K units)
- Italy (1.3K units)
Wooden Window Exports in Panama
In 2022, overseas shipments of windows, french windows and their frames of wood decreased by -4.6% to 62 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 86% against the previous year. As a result, the exports attained the peak of 65 units, and then reduced slightly in the following year.
In value terms, wooden window exports dropped to $26K in 2022. The total export value increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of $29K, and then shrank in the following year.
| Export of Wooden Window in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Mozambique | 8.1 | 9.8 | 8.6 | 3.0% | |
| Norway | 2.8 | 3.8 | 4.9 | 32.3% | |
| Honduras | 1.7 | 2.7 | 1.9 | 5.7% | |
| United States | 1.2 | 2.4 | 1.8 | 22.5% | |
| Dominican Republic | 0.8 | 1.8 | 1.7 | 45.8% | |
| Cuba | 1.1 | 1.1 | 0.8 | -14.7% | |
| Trinidad and Tobago | 0.3 | 0.5 | 0.7 | 52.8% | |
| Others | 3.8 | 1.5 | 8.4 | 48.7% | |
| Total | 19.8 | 23.6 | 28.8 | 20.6% | |
Top Export Markets for Wooden Window from Panama in 2022:
- Norway (1186.0 units)
- Mozambique (946.0 units)
- Dominican Republic (431.0 units)
- United States (167.0 units)
- Honduras (152.0 units)
- Cuba (65.0 units)
- Trinidad and Tobago (56.0 units)
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