Price for Glass; Unworked, in Rods in Panama - 2022

Contents:

  1. Price for Glass; Unworked, in Rods in Panama (CIF) - 2022
  2. Price for Glass; Unworked, in Rods in Panama (FOB) - 2022
  3. Imports of Glass; Unworked, in Rods in Panama
  4. Exports of Glass; Unworked, in Rods in Panama

Price for Glass; Unworked, in Rods in Panama (CIF) - 2022

The average glass; unworked, in rods import price stood at $13,000 per ton in 2022, reducing by -52% against the previous year. Over the period under review, the import price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 an increase of 86% against the previous year. Over the period under review, average import prices hit record highs at $36,437 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +41.8% per year.

Price for Glass; Unworked, in Rods in Panama (FOB) - 2022

In 2022, the average glass; unworked, in rods export price amounted to $2,742 per ton, with a decrease of -28.2% against the previous year. Overall, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 138%. As a result, the export price attained the peak level of $19,930 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($3,268 per ton), while the average price for exports to the Dominican Republic ($400 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 Cuba (-5.0%), while the prices for the other major destinations experienced a decline.

Imports of Glass; Unworked, in Rods in Panama

In 2022, approx. 6 kg of glass; unworked, in rodses were imported into Panama; shrinking by -90.8% compared with the previous year. Over the period under review, imports saw a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 8.3%.

In value terms, glass; unworked, in rods imports fell sharply to $78 in 2022. In general, imports faced a dramatic descent. The smallest decline of -17.5% was in 2020.

Import of Glass; Unworked, in Rods in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A78.00%
Hong Kong SAR20411949.0N/A-51.0%
China26812693.0N/A-41.1%
United States2,0901,8901,618N/A-12.0%
Others25.0N/AN/AN/A0%
Total2,5872,1351,76078.0-68.9%

Top Suppliers of Glass; Unworked, in Rods to Panama in 2022:

  1. Mexico (6.0 kg)

Exports of Glass; Unworked, in Rods in Panama

Glass; unworked, in rods exports from Panama skyrocketed to 1.3 tons in 2022, rising by 39% compared with the year before. Over the period under review, exports posted a slight increase. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, glass; unworked, in rods exports shrank to $3.6K in 2022. Overall, exports, however, recorded a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 0.5%.

Export of Glass; Unworked, in Rods in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cuba10.23.43.33.3-31.4%
Colombia0.80.20.20.2-37.0%
Others0.1N/AN/AN/A0%
Total11.13.53.63.6-31.3%

Top Export Markets for Glass; Unworked, in Rods from Panama in 2022:

  1. Cuba (1014.0 kg)
  2. Colombia (268.0 kg)

Source: IndexBox Market Intelligence Platform

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