Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama - 2024

Contents:

  1. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama (CIF) - 2022
  2. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama (FOB) - 2022
  3. Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama
  4. Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama (CIF) - 2022

The average import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $24,482 per ton in 2022, rising by 52% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. 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 Germany ($61,868 per ton), while the price for China ($8,803 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama (FOB) - 2022

In 2022, the average export price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $50,725 per ton, rising by 251% against the previous year. Overall, the export price recorded a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($196,143 per ton), while the average price for exports to Canada ($4,000 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 Canada (+38.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama

In 2022, approx. 18 tons of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds were imported into Panama; declining by -48.5% against 2021 figures. Overall, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year.

In value terms, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds reduced notably to $448K in 2022. In general, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 37%.

Import of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States419157170161-27.3%
Free Zones55.380.911095.019.8%
China13882.897.657.3-25.4%
Germany33.226.031.632.2-1.0%
Spain9.420.428.930.948.7%
India2586.321.019.3-57.9%
Mexico15.42.99.316.52.3%
Peru6.86.26.210.917.0%
Belgium0.70.161.3N/A835.8%
Others45.937.737.325.5-17.8%
Total981420574448-23.0%

Top Suppliers of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated to Panama in 2022:

  1. China (6.5 tons)
  2. United States (4.0 tons)
  3. Free Zones (3.9 tons)
  4. India (0.8 tons)
  5. Peru (0.7 tons)
  6. Spain (0.7 tons)
  7. Mexico (0.5 tons)
  8. Germany (0.5 tons)

Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama

In 2022, shipments abroad of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds decreased by -35% to 91 kg, falling for the second year in a row after two years of growth. In general, exports recorded a significant curtailment. The growth pace was the most rapid in 2020 when exports increased by 1,012% against the previous year. As a result, the exports reached the peak of 7.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds skyrocketed to $4.6K in 2022. Overall, exports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 899% against the previous year. As a result, the exports reached the peak of $154K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala7.60.60.92.4-31.9%
Dominican Republic2.90.1N/A1.4-21.6%
Costa Rica1.00.10.40.7-11.2%
BelizeN/AN/A0.10.10.0%
EcuadorN/A126N/AN/A0%
DenmarkN/AN/AN/AN/A0%
Jamaica3.83.0N/AN/A-21.1%
CanadaN/AN/AN/AN/A0%
Others0.124.20.6N/A144.9%
Total15.41542.04.6-33.2%

Top Export Markets for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated from Panama in 2022:

  1. Guatemala (48.0 kg)
  2. Costa Rica (27.0 kg)
  3. Dominican Republic (7.0 kg)
  4. Ecuador (3.0 kg)
  5. Canada (2.0 kg)
  6. Denmark (2.0 kg)
  7. Belize (2.0 kg)

Source: IndexBox Market Intelligence Platform

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