Panama - Copper Screws, Bolts And Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Screw Price in Panama - 2023
Contents:
- Copper Screw Price in Panama (CIF) - 2022
- Copper Screw Price in Panama (FOB) - 2022
- Copper Screw Imports in Panama
- Copper Screw Exports in Panama
Copper Screw Price in Panama (CIF) - 2022
The average copper screw import price stood at $3,026 per ton in 2022, which is down by -56.9% against the previous year. Overall, the import price, however, recorded modest growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 150%. Over the period under review, average import prices hit record highs at $13,362 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($15,000 per ton), while the price for China ($2,097 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Copper Screw Price in Panama (FOB) - 2022
The average copper screw export price stood at $19,924 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price posted strong growth. The pace of growth was the most pronounced in 2016 an increase of 135% against the previous year. The export price peaked at $23,421 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($21,742 per ton) and El Salvador ($19,913 per ton), while the average price for exports to the Dominican Republic ($19,888 per ton) and Colombia ($19,888 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+63.5%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Screw Imports in Panama
In 2022, the amount of copper screws, bolts and nuts imported into Panama surged to 36 tons, increasing by 281% compared with 2021. Over the period under review, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, copper screw imports skyrocketed to $109K in 2022. Overall, imports, however, continue to indicate a precipitous slump.
Import of Copper Screw in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 137 | 27.4 | 5.5 | 58.0 | -24.9% |
United States | 13.4 | 3.4 | 15.9 | 28.8 | 29.1% |
Free Zones | 11.4 | 8.6 | 21.5 | 7.2 | -14.2% |
Taiwan (Chinese) | 69.1 | 9.0 | 6.2 | 6.8 | -53.8% |
Spain | 18.3 | 0.1 | N/A | N/A | -99.5% |
Others | 15.8 | 18.8 | 17.5 | 8.5 | -18.7% |
Total | 265 | 67.3 | 66.6 | 109 | -25.6% |
Top Suppliers of Copper Screw to Panama in 2022:
- China (27.7 tons)
- United States (5.8 tons)
- Free Zones (1.5 tons)
- Taiwan (Chinese) (0.6 tons)
Copper Screw Exports in Panama
In 2022, shipments abroad of copper screws, bolts and nuts decreased by 0% to 13 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 273% against the previous year. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, copper screw exports stood at $266K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 257% against the previous year. As a result, the exports attained the peak of $532K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Copper Screw in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 14.3 | 245 | N/A | 127 | 107.1% |
Dominican Republic | 37.1 | 184 | N/A | 95.5 | 37.0% |
Costa Rica | 19.9 | 29.1 | N/A | 15.1 | -8.8% |
Ecuador | 10.7 | 18.6 | N/A | 9.7 | -3.2% |
El Salvador | 7.4 | 11.5 | N/A | 6.0 | -6.8% |
United States | 18.5 | 2.0 | N/A | 5.6 | -32.9% |
Honduras | 7.9 | 7.5 | N/A | 3.9 | -21.0% |
Trinidad and Tobago | 27.8 | N/A | N/A | N/A | 0% |
Others | 5.4 | 34.3 | N/A | 2.7 | -20.6% |
Total | 149 | 532 | N/A | 266 | 21.3% |
Top Export Markets for Copper Screw from Panama in 2022:
- Colombia (6.4 tons)
- Dominican Republic (4.8 tons)
- Costa Rica (0.8 tons)
- Ecuador (0.5 tons)
- El Salvador (0.3 tons)
- United States (0.3 tons)
- Honduras (0.2 tons)
This report provides an in-depth analysis of the copper screw 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 25941340 - Copper screws, bolts and nuts (excluding pointed screw nails, s crew stoppers, threaded mechanisms used to transmit motion/to act as active machinery part, screw hooks, rings)
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
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