Panama - Porcelain Ceramic Wares For Laboratory, Technical, and Chemical Use - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPorcelain Technical Ware Price in Panama - 2023
Contents:
- Porcelain Technical Ware Price in Panama (CIF) - 2022
- Porcelain Technical Ware Price in Panama (FOB) - 2022
- Porcelain Technical Ware Imports in Panama
- Porcelain Technical Ware Exports in Panama
Porcelain Technical Ware Price in Panama (CIF) - 2022
In 2022, the average porcelain technical ware import price amounted to $7,572 per ton, rising by 104% against the previous year. Over the period under review, the import price recorded a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 South Korea ($9,759 per ton), while the price for China ($1,898 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Porcelain Technical Ware Price in Panama (FOB) - 2022
In 2022, the average porcelain technical ware export price amounted to $9,161 per ton, shrinking by -23.6% against the previous year. Overall, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 63%. The export price peaked at $11,984 per ton in 2021, and then reduced sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($17,932 per ton), while the average price for exports to the United States ($1,049 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 Venezuela (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.
Porcelain Technical Ware Imports in Panama
Porcelain technical ware imports into Panama declined notably to 2.1 tons in 2022, shrinking by -74.9% against the year before. Over the period under review, imports saw a significant curtailment. The smallest decline of -69.6% was in 2020.
In value terms, porcelain technical ware imports fell sharply to $16K in 2022. In general, imports saw a sharp shrinkage.
Import of Porcelain Technical Ware in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 3.6 | 4.4 | 1.4 | 9.6 | 38.7% |
South Korea | 1.5 | 4.5 | 2.1 | 4.5 | 44.2% |
China | 171 | 49.2 | 6.6 | 0.1 | -91.6% |
Costa Rica | 5.0 | 4.7 | 2.6 | N/A | -27.9% |
Others | 37.5 | 38.5 | 18.5 | 1.8 | -63.7% |
Total | 219 | 101 | 31.3 | 16.0 | -58.2% |
Top Suppliers of Porcelain Technical Ware to Panama in 2022:
- Free Zones (1526.0 kg)
- South Korea (457.0 kg)
- China (59.0 kg)
Porcelain Technical Ware Exports in Panama
In 2022, approx. 7.8 tons of porcelain ceramic wares for laboratory, technical, and chemical use were exported from Panama; growing by 51% compared with the previous year. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 71%. As a result, the exports attained the peak of 10 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, porcelain technical ware exports surged to $71K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.6% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 67%. As a result, the exports reached the peak of $81K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Porcelain Technical Ware in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 0.3 | 1.5 | 11.0 | 12.4 | 245.8% |
Cuba | 8.6 | 16.1 | 9.2 | 10.4 | 6.5% |
Guyana | 4.8 | 8.4 | 4.8 | 5.4 | 4.0% |
Haiti | 7.2 | 1.7 | 4.4 | 5.0 | -11.4% |
Barbados | 1.0 | 7.2 | 4.1 | 4.6 | 66.3% |
Trinidad and Tobago | 3.2 | 4.2 | 3.4 | 3.9 | 6.8% |
Venezuela | 4.5 | 4.6 | 3.5 | 3.9 | -4.7% |
Nicaragua | 1.1 | 4.7 | 2.7 | 3.0 | 39.7% |
Costa Rica | 0.1 | 4.1 | 2.3 | 2.6 | 196.2% |
Bahamas | 2.8 | 3.8 | 2.2 | 2.5 | -3.7% |
El Salvador | 0.8 | 0.1 | 2.0 | 2.2 | 40.1% |
Dominican Republic | 0.9 | 1.0 | 0.8 | 0.9 | 0.0% |
United States | 0.7 | 0.8 | 0.4 | 0.4 | -17.0% |
Others | 12.0 | 22.5 | 11.2 | 14.1 | 5.5% |
Total | 48.2 | 80.7 | 61.9 | 71.3 | 13.9% |
Top Export Markets for Porcelain Technical Ware from Panama in 2022:
- Colombia (1268.0 kg)
- Cuba (1065.0 kg)
- Guyana (556.0 kg)
- Haiti (514.0 kg)
- Barbados (473.0 kg)
- Trinidad and Tobago (395.0 kg)
- United States (368.0 kg)
- Dominican Republic (322.0 kg)
- Nicaragua (310.0 kg)
- Costa Rica (269.0 kg)
- Bahamas (253.0 kg)
- El Salvador (228.0 kg)
- Venezuela (220.0 kg)
This report provides an in-depth analysis of the porcelain technical ware 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 23441100 - Ceramic wares for laboratory, chemical, technical use, of porcelain or china
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
This report provides an in-depth analysis of the porcelain technical ware market in Panama.
This report provides an in-depth analysis of the market for ceramic wares for laboratory or technical uses in Panama.
This report provides an in-depth analysis of the global porcelain technical ware market.
This report provides an in-depth analysis of the global market for ceramic wares for laboratory or technical uses.
This report provides an in-depth analysis of the porcelain technical ware market in Panama.
This report provides an in-depth analysis of the market for ceramic wares for laboratory or technical uses in Panama.
This report provides an in-depth analysis of the global porcelain technical ware market.
This report provides an in-depth analysis of the global market for ceramic wares for laboratory or technical uses.
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