Panama - Cement - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCement Price in Panama - 2023
Contents:
- Cement Price in Panama (FOB) - 2022
- Cement Price in Panama (CIF) - 2022
- Cement Exports in Panama
- Cement Imports in Panama
Cement Price in Panama (FOB) - 2022
The average cement export price stood at $78 per ton in 2022, with an increase of 6.2% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 108%. The export price peaked at $372 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bonaire ($100 per ton), while the average price for exports to British Indian Ocean Territory ($65 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 Bahamas (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.
Cement Price in Panama (CIF) - 2022
The average cement import price stood at $52 per ton in 2022, falling by -13.5% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 106%. As a result, import price attained the peak level of $142 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
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 Mexico ($686 per ton), while the price for Costa Rica ($121 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Cement Exports in Panama
In 2022, cement exports from Panama skyrocketed to 209K tons, with an increase of 79% compared with 2021. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,888% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, cement exports skyrocketed to $16M in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,158% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Cement in Panama (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Jamaica | N/A | N/A | 2.6 | 3.7 | 42.3% |
Bahamas | N/A | N/A | 0.3 | 3.7 | 1133.3% |
Guyana | N/A | 0.3 | 3.1 | 3.4 | 236.7% |
Haiti | N/A | N/A | N/A | 1.5 | 0% |
Curacao | N/A | N/A | 0.2 | 1.0 | 400.0% |
Bonaire | N/A | N/A | N/A | 0.6 | 0% |
British Indian Ocean Territory | N/A | N/A | 0.8 | 0.5 | -37.5% |
United States | N/A | N/A | 0.6 | N/A | 0% |
Others | 0.3 | 0.3 | 1.0 | 1.8 | 81.7% |
Total | 0.3 | 0.7 | 8.6 | 16.2 | 278.0% |
Top Export Markets for Cement from Panama in 2022:
- Bahamas (55.1K tons)
- Jamaica (49.8K tons)
- Guyana (43.9K tons)
- Haiti (19.6K tons)
- Curacao (11.7K tons)
- British Indian Ocean Territory (7.8K tons)
- Bonaire (6.4K tons)
Cement Imports in Panama
In 2022, the amount of cement imported into Panama shrank significantly to 138K tons, waning by -34.5% compared with the year before. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports attained the peak of 210K tons, and then fell rapidly in the following year.
In value terms, cement imports shrank notably to $7.2M in 2022. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 53%.
Import of Cement in Panama (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.8 | 1.2 | 0.5 | 4.0 | 71.0% |
Costa Rica | 1.2 | 0.3 | 0.5 | 0.4 | -30.7% |
Portugal | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Turkey | 4.3 | 3.2 | 1.7 | 0.1 | -71.5% |
Colombia | 5.8 | 3.0 | 0.8 | N/A | -62.9% |
Others | 1.2 | 0.6 | 9.1 | 2.6 | 29.4% |
Total | 13.5 | 8.3 | 12.7 | 7.2 | -18.9% |
Top Suppliers of Cement to Panama in 2022:
- United States (11.1K tons)
- Costa Rica (3.0K tons)
- Portugal (0.5K tons)
- Turkey (0.2K tons)
This report provides an in-depth analysis of the cement market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23511210 - Portland cement
- Prodcom 23511290 - Other hydraulic cements
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cement market in Panama.
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This report provides an in-depth analysis of the global cement clinker market.
This report provides an in-depth analysis of the cement market in Panama.
This report provides an in-depth analysis of the cement clinker market in Panama.
This report provides an in-depth analysis of the global cement market.
This report provides an in-depth analysis of the global cement clinker market.
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