Panama - Prepared Explosives - Market Analysis, Forecast, Size, Trends and Insights
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View PricingExplosives Price in Panama - 2023
Contents:
- Explosives Price in Panama (CIF) - 2022
- Explosives Price in Panama (FOB) - 2022
- Explosives Imports in Panama
- Explosives Exports in Panama
Explosives Price in Panama (CIF) - 2022
The average explosives import price stood at $2,741 per ton in 2022, surging by 37% against the previous year. Overall, import price indicated buoyant growth from 2016 to 2022: its price increased at an average annual rate of +13.7% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Costa Rica ($2,822 per ton), while the price for Peru amounted to $1,862 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Explosives Price in Panama (FOB) - 2022
In 2022, the average explosives export price amounted to $3,216 per ton, rising by 23% against the previous year. In general, the export price, however, showed a abrupt downturn. The growth pace was the most rapid in 2021 an increase of 28% against the previous year. Over the period under review, the average export prices hit record highs at $8,085 per ton in 2014; however, from 2015 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 Guyana ($4,184 per ton), while the average price for exports to Costa Rica ($1,161 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 Guyana (-5.9%), while the prices for the other major destinations experienced a decline.
Explosives Imports in Panama
In 2022, explosives imports into Panama amounted to 428 tons, surging by 3.5% on 2021. Over the period under review, imports, however, recorded a mild decrease. The pace of growth was the most pronounced in 2021 with an increase of 46%.
In value terms, explosives imports soared to $1.2M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Explosives in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | 365 | 156 | 304 | 1,009 | 40.3% |
Peru | 216 | 199 | 144 | 121 | -17.6% |
Brazil | 148 | 98.3 | 126 | N/A | -7.7% |
Others | 236 | 142 | 249 | 43.9 | -42.9% |
Total | 966 | 595 | 825 | 1,173 | 6.7% |
Top Suppliers of Explosives to Panama in 2022:
- Costa Rica (357.4 tons)
- Peru (64.8 tons)
Explosives Exports in Panama
In 2022, shipments abroad of prepared explosives was finally on the rise to reach 2.2K tons after two years of decline. Overall, exports, however, showed a precipitous curtailment.
In value terms, explosives exports surged to $7.2M in 2022. Over the period under review, exports, however, recorded a deep downturn.
Export of Explosives in Panama (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guyana | 10.8 | 6.5 | 2.3 | 5.4 | -20.6% |
Suriname | 0.3 | 2.3 | 1.4 | 1.7 | 78.3% |
Costa Rica | N/A | 0.1 | N/A | N/A | 0% |
Others | N/A | 0.1 | 0.2 | N/A | 100.0% |
Total | 11.2 | 8.9 | 3.9 | 7.2 | -13.7% |
Top Export Markets for Explosives from Panama in 2022:
- Guyana (1292.4 tons)
- Suriname (908.7 tons)
- Costa Rica (35.8 tons)
This report provides an in-depth analysis of the explosives 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 20511150 - Prepared explosives (excluding propellant powders)
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 explosives market in Panama.
This report provides an in-depth analysis of the global explosives market.
This report provides an in-depth analysis of the explosives market in Panama.
This report provides an in-depth analysis of the global explosives market.
In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...
In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...
In value terms, explosives imports amounted to $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over th...
In value terms, explosives exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the la...
In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...
In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...