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Panama - Rubber Hose Reinforced With Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal-Reinforced Rubber Hose Price in Panama - 2023
Contents:
- Metal-Reinforced Rubber Hose Price in Panama (CIF) - 2022
- Metal-Reinforced Rubber Hose Price in Panama (FOB) - 2022
- Metal-Reinforced Rubber Hose Imports in Panama
- Metal-Reinforced Rubber Hose Exports in Panama
Metal-Reinforced Rubber Hose Price in Panama (CIF) - 2022
In 2022, the average metal-reinforced rubber hose import price amounted to $5,840 per ton, which is down by -32.8% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 72%. The import price peaked at $8,694 per ton in 2021, and then fell sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($25,071 per ton), while the price for China ($3,021 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal-Reinforced Rubber Hose Price in Panama (FOB) - 2022
The average metal-reinforced rubber hose export price stood at $7,253 per ton in 2022, remaining constant against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 38% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($10,524 per ton), while the average price for exports to Chile ($3,121 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 the Dominican Republic (+5.7%), while the prices for the other major destinations experienced a decline.
Metal-Reinforced Rubber Hose Imports in Panama
In 2022, overseas purchases of rubber hose reinforced with metal increased by 137% to 249 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a measured expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal-reinforced rubber hose imports soared to $1.5M in 2022. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Metal-Reinforced Rubber Hose in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 275 | 71.2 | 301 | 600 | 29.7% |
China | 291 | 340 | 154 | 486 | 18.6% |
Free Zones | 194 | 71.9 | 218 | 152 | -7.8% |
Italy | 70.7 | 61.8 | 36.4 | 107 | 14.8% |
Peru | 31.0 | 29.2 | 19.6 | 37.4 | 6.5% |
India | 66.6 | 32.7 | 2.9 | 2.1 | -68.4% |
Malaysia | 414 | 430 | 0.7 | 1.8 | -83.7% |
Others | 97.4 | 192 | 181 | 69.0 | -10.9% |
Total | 1,440 | 1,229 | 914 | 1,455 | 0.3% |
Top Suppliers of Metal-Reinforced Rubber Hose to Panama in 2022:
- China (160.8 tons)
- United States (45.6 tons)
- Free Zones (18.9 tons)
- Italy (15.9 tons)
- Peru (3.6 tons)
- India (0.2 tons)
- Malaysia (0.2 tons)
Metal-Reinforced Rubber Hose Exports in Panama
In 2022, shipments abroad of rubber hose reinforced with metal increased by 343% to 60 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous descent.
In value terms, metal-reinforced rubber hose exports skyrocketed to $434K in 2022. In general, exports, however, faced a significant curtailment.
Export of Metal-Reinforced Rubber Hose in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Dominican Republic | N/A | N/A | N/A | 205 | 0% |
Jamaica | 61.4 | 40.7 | 5.1 | 119 | 24.7% |
Guatemala | 883 | 451 | 71.7 | 102 | -51.3% |
Chile | N/A | 38.0 | 0.1 | 3.2 | -71.0% |
Colombia | 118 | N/A | N/A | N/A | 0% |
Italy | N/A | 97.5 | N/A | N/A | 0% |
Others | 95.9 | 143 | 19.8 | 4.8 | -63.1% |
Total | 1,159 | 771 | 96.7 | 434 | -27.9% |
Top Export Markets for Metal-Reinforced Rubber Hose from Panama in 2022:
- Guatemala (21.3 tons)
- Dominican Republic (19.4 tons)
- Jamaica (17.3 tons)
- Chile (1.0 tons)
This report provides an in-depth analysis of the metal-reinforced rubber hose 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 22193055 - Rubber hose reinforced with metal
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
-
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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