Panama: Ceramic Statuette Market 2024

Ceramic Statuette Market Size in Panama

The Panamanian ceramic statuette market totaled $X in 2022, picking up by X% against the previous year. In general, consumption, however, continues to indicate a pronounced shrinkage. Ceramic statuette consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Ceramic Statuette Production in Panama

In value terms, ceramic statuette production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Ceramic Statuette Exports

Exports from Panama

In 2022, after three years of decline, there was significant growth in shipments abroad of ceramic statuettes and other ornamental articles, when their volume increased by X% to X tons. Overall, exports, however, saw a dramatic descent. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ceramic statuette exports surged to $X in 2022. Over the period under review, exports, however, showed a precipitous curtailment. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for ceramic statuette exports from Panama, with a X% share of total exports. It was followed by the Dominican Republic (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%.

In value terms, the United States ($X) remains the key foreign market for ceramic statuettes and other ornamental articles exports from Panama, comprising X% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

The average ceramic statuette export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price enjoyed a resilient increase. The growth pace was the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Dominican Republic stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Statuette Imports

Imports into Panama

In 2022, purchases abroad of ceramic statuettes and other ornamental articles decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, imports faced a deep setback. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ceramic statuette imports surged to $X in 2022. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest ceramic statuette supplier to Panama, accounting for a X% share of total imports. Moreover, ceramic statuette imports from China exceeded the figures recorded by the second-largest supplier, Free Zones (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Free Zones (X% per year) and the United States (X% per year).

In value terms, China ($X), Free Zones ($X) and the United States ($X) constituted the largest ceramic statuette suppliers to Panama, with a combined X% share of total imports.

Among the main suppliers, Free Zones, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ceramic statuette import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ceramic statuette import price increased by X% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Nicaragua ($X 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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