Wooden Particle Board Price in Panama - 2023
Contents:
- Wooden Particle Board Price in Panama (CIF) - 2022
- Wooden Particle Board Price in Panama (FOB) - 2022
- Wooden Particle Board Imports in Panama
- Wooden Particle Board Exports in Panama
Wooden Particle Board Price in Panama (CIF) - 2022
The average wooden particle board import price stood at $486 per cubic meter in 2022, picking up by 8.9% against the previous year. Over the period under review, the import price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2016 an increase of 56% against the previous year. The import price peaked at $757 per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Guatemala.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +23.0% per year.
Wooden Particle Board Price in Panama (FOB) - 2022
In 2022, the average wooden particle board export price amounted to $205 per cubic meter, reducing by -77.3% against the previous year. Overall, the export price saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 an increase of 4,802%. Over the period under review, the average export prices attained the maximum at $2,116 per cubic meter in 2012; however, from 2013 to 2022, 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 Aruba ($547 per cubic meter), while the average price for exports to Nicaragua ($3 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-1.0%), while the prices for the other major destinations experienced a decline.
Wooden Particle Board Imports in Panama
In 2022, overseas purchases of wooden particle board increased by 128% to 625 cubic meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wooden particle board imports soared to $304K in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wooden Particle Board in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 8.2 | 4.4 | 1.8 | 292 | 229.0% |
| Ecuador | 139 | 95.5 | 86.3 | N/A | -21.2% |
| Chile | 13.5 | 16.0 | 4.7 | N/A | -41.0% |
| China | 4.4 | 0.9 | 26.1 | N/A | 143.6% |
| Others | 8.9 | 11.3 | 3.5 | 11.9 | 10.2% |
| Total | 173 | 128 | 122 | 304 | 20.7% |
Top Suppliers of Wooden Particle Board to Panama in 2022:
- Guatemala (620.0 cubic meters)
Wooden Particle Board Exports in Panama
In 2022, overseas shipments of wooden particle board decreased by -44.4% to 5 cubic meters, falling for the second year in a row after two years of growth. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 275%. As a result, the exports reached the peak of 15 cubic meters. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, wooden particle board exports declined sharply to $1K in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 18,282%. As a result, the exports reached the peak of $15K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Wooden Particle Board in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | N/A | N/A | N/A | 0.5 | 0% |
| Colombia | 0.1 | 0.9 | 7.5 | 0.4 | 58.7% |
| Ecuador | N/A | N/A | N/A | N/A | 0% |
| Venezuela | N/A | 4.7 | N/A | N/A | 0% |
| Costa Rica | N/A | 0.1 | 0.6 | N/A | 500.0% |
| Nicaragua | N/A | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 9.6 | N/A | N/A | 0% |
| Total | 0.1 | 15.3 | 8.1 | 1.0 | 115.4% |
Top Export Markets for Wooden Particle Board from Panama in 2022:
- Turkey (1.0 cubic meters)
- Nicaragua (1.0 cubic meters)
- Aruba (1.0 cubic meters)
- Costa Rica (1.0 cubic meters)
- Colombia (1.0 cubic meters)
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