Price for Chamois Leather and Combination Chamois Leather in Panama - 2024

Contents:

  1. Price for Chamois Leather and Combination Chamois Leather in Panama (CIF) - 2022
  2. Price for Chamois Leather and Combination Chamois Leather in Panama (FOB) - 2022
  3. Imports of Chamois Leather and Combination Chamois Leather in Panama
  4. Exports of Chamois Leather and Combination Chamois Leather in Panama

Price for Chamois Leather and Combination Chamois Leather in Panama (CIF) - 2022

The average import price for chamois leather and combination chamois leather stood at $5 per square meter in 2022, declining by -1.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs at $5.4 per square meter in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6.1 per square meter), while the price for China ($4.4 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chamois Leather and Combination Chamois Leather in Panama (FOB) - 2022

The average export price for chamois leather and combination chamois leather stood at $29 per square meter in 2020, reducing by -8.2% against the previous year. Overall, the export price saw a noticeable contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 3.8% against the previous year. Over the period under review, the average export prices reached the peak figure at $37 per square meter in 2014; however, from 2015 to 2020, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2020, amid the top suppliers, the countries with the highest prices were Colombia ($30 per square meter) and Venezuela ($30 per square meter), while the average price for exports to Aruba ($29 per square meter) and Costa Rica ($29 per square meter) were amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-2.1%), while the prices for the other major destinations experienced a decline.

Imports of Chamois Leather and Combination Chamois Leather in Panama

In 2022, supplies from abroad of chamois leather and combination chamois leather decreased by -20.5% to 13K square meters, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2020 when imports increased by 4.6%. As a result, imports reached the peak of 26K square meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of chamois leather and combination chamois leather fell rapidly to $64K in 2022. In general, imports faced a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 6.9% against the previous year. As a result, imports attained the peak of $124K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Chamois Leather and Combination Chamois Leather in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones46.052.858.931.8-11.6%
China65.440.122.931.1-21.9%
United States4.50.60.11.2-35.6%
SpainN/A12.6N/AN/A0%
BrazilN/A14.3N/AN/A0%
OthersN/A3.5N/AN/A0%
Total11612481.964.1-17.9%

Top Suppliers of Chamois Leather and Combination Chamois Leather to Panama in 2022:

  1. China (7.0K square meters)
  2. Free Zones (5.6K square meters)
  3. United States (0.2K square meters)

Exports of Chamois Leather and Combination Chamois Leather in Panama

In 2020, approx. 3.6K square meters of chamois leather and combination chamois leather were exported from Panama; increasing by 66% against the previous year's figure. Overall, total exports indicated a significant increase from 2019 to 2020: its volume increased at an average annual rate of +65.8% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of chamois leather and combination chamois leather soared to $105K in 2020. In general, total exports indicated a significant increase from 2019 to 2020: its value increased at an average annual rate of +52.2% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chamois Leather and Combination Chamois Leather in Panama (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Jamaica0.523.84660.0%
Trinidad and Tobago0.96.4611.1%
Dominican Republic0.64.5650.0%
Bahamas4.03.3-17.5%
Costa Rica3.63.1-13.9%
Guyana1.33.0130.8%
Guatemala0.61.8200.0%
Venezuela4.21.5-64.3%
United States1.21.416.7%
Others52.256.48.0%
Total69.210551.7%

Top Export Markets for Chamois Leather and Combination Chamois Leather from Panama in 2022:

  1. Jamaica (812.0 square meters)
  2. Trinidad and Tobago (220.0 square meters)
  3. Dominican Republic (153.0 square meters)
  4. Bahamas (112.0 square meters)
  5. Costa Rica (106.0 square meters)
  6. Guyana (102.0 square meters)
  7. Guatemala (61.0 square meters)
  8. Venezuela (50.0 square meters)
  9. United States (47.0 square meters)

Source: IndexBox Market Intelligence Platform

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