Panama: Market for Uncoated Mechanical Printing and Writing Papers 2024

Market Size for Uncoated Mechanical Printing and Writing Papers in Panama

The Panamanian market for uncoated mechanical printing and writing papers expanded significantly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, posted a strong expansion. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Uncoated Mechanical Printing and Writing Papers in Panama

In value terms, production of uncoated mechanical printing and writing papers amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a lower figure.

Exports of Uncoated Mechanical Printing and Writing Papers

Exports from Panama

In 2022, exports of uncoated mechanical printing and writing papers from Panama dropped significantly to X tons, with a decrease of X% compared with 2021. Overall, exports showed a sharp decline. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of uncoated mechanical printing and writing papers fell sharply to $X in 2022. In general, exports recorded a significant decrease. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Venezuela (X tons), the Dominican Republic (X tons) and Costa Rica (X kg) were the main destinations of exports of uncoated mechanical printing and writing papers from Panama, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for uncoated mechanical printing and writing papers exported from Panama were the Dominican Republic ($X), Venezuela ($X) and Nicaragua ($X), together comprising X% of total exports.

The Dominican Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for uncoated mechanical printing and writing papers stood at $X per ton in 2022, with an increase of X% against the previous year. In general, export price indicated modest 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, export price for uncoated mechanical printing and writing papers increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($X per ton), while the average price for exports to Jamaica ($X 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 Belize (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncoated Mechanical Printing and Writing Papers

Imports into Panama

In 2022, imports of uncoated mechanical printing and writing papers into Panama declined remarkably to X tons, which is down by X% compared with 2021. In general, imports, however, enjoyed a perceptible expansion. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of uncoated mechanical printing and writing papers rose notably to $X in 2022. Overall, imports, however, continue to indicate tangible growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest uncoated mechanical printing and writing papers supplier to Panama, with a X% share of total imports. Moreover, imports of uncoated mechanical printing and writing papers from Brazil exceeded the figures recorded by the second-largest supplier, Free Zones (X tons), twofold. China (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 Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Free Zones (X% per year) and China (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of uncoated mechanical printing and writing papers to Panama, comprising X% of total imports. The second position in the ranking was taken by Free Zones ($X), with a X% share of total imports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at 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).

Import Prices by Country

The average import price for uncoated mechanical printing and writing papers stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated a slight expansion 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. The import price peaked at $X per ton in 2016; however, from 2017 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 Italy ($X per ton), while the price for Free Zones ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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