Price for Bamboo Used Primarily for Plaiting in Panama - 2023

Contents:

1. Price for Bamboo Used Primarily for Plaiting in Panama (CIF) - 2022
2. Price for Bamboo Used Primarily for Plaiting in Panama (FOB) - 2022
3. Imports of Bamboo Used Primarily for Plaiting in Panama
4. Exports of Bamboo Used Primarily for Plaiting in Panama

Price for Bamboo Used Primarily for Plaiting in Panama (CIF) - 2022

In 2022, the average import price for bamboo used primarily for plaitings amounted to $1,284 per ton, approximately equating the previous year. Over the period under review, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2020 a decrease of 99.9%. Over the period under review, average import prices reached the peak figure at $7,406 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Costa Rica.

From 2013 to 2022, the rate of growth in terms of prices for Colombia amounted to -7.8% per year.

Price for Bamboo Used Primarily for Plaiting in Panama (FOB) - 2022

The average export price for bamboo used primarily for plaitings stood at $1,227 per ton in 2022, leveling off at the previous year. In general, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 118%. The export price peaked at $2,888 per ton in 2012; however, from 2013 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 Ecuador ($32,000 per ton), while the average price for exports to Brazil ($558 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 Ecuador (+18.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bamboo Used Primarily for Plaiting in Panama

In 2022, after two years of decline, there was decline in overseas purchases of bamboo used primarily for plaitings, when their volume decreased by 0% to 44 tons. Over the period under review, imports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, bamboo used primarily for plaiting imports totaled $57K in 2022. In general, imports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Bamboo Used Primarily for Plaiting to Panama in 2022:

1. Costa Rica (44.1 tons)

Exports of Bamboo Used Primarily for Plaiting in Panama

For the third consecutive year, Panama recorded decline in overseas shipments of bamboo used primarily for plaitings, which decreased by -24.6% to 172 kg in 2022. In general, exports continue to indicate a sharp decrease.

In value terms, bamboo used primarily for plaiting exports fell sharply to $211 in 2022. Over the period under review, exports continue to indicate a precipitous decline. The smallest decline of -19.1% was in 2021.

Top Export Markets for Bamboo Used Primarily for Plaiting from Panama in 2022:

1. Brazil (165.0 kg)
2. Ecuador (3.0 kg)
3. Aruba (2.0 kg)
4. Guyana (2.0 kg)

Source: IndexBox Market Intelligence Platform