Price for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama - 2023

Contents:

  1. Price for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama (FOB) - 2022
  2. Price for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama (CIF) - 2022
  3. Exports of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama
  4. Imports of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama

Price for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama (FOB) - 2022

The average export price for paper, cigarette; in rolls of a width not exceeding 5cms stood at $3,673 per ton in 2022, shrinking by -3.2% against the previous year. In general, the export price saw a perceptible contraction. The growth pace was the most rapid in 2013 an increase of 41%. As a result, the export price reached the peak level of $7,700 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($11,636 per ton), while the average price for exports to Colombia ($3,027 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 Guatemala (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama (CIF) - 2022

The average import price for paper, cigarette; in rolls of a width not exceeding 5cms stood at $3,770 per ton in 2022, falling by -36.2% against the previous year. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 71% against the previous year. As a result, import price attained the peak level of $5,911 per ton, and then fell sharply in the following year.

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 Spain ($6,753 per ton), while the price for Free Zones ($333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama

In 2022, the amount of paper, cigarette; in rolls of a width not exceeding 5cms exported from Panama soared to 1.1 tons, with an increase of 83% on the previous year's figure. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 479%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of paper, cigarette; in rolls of a width not exceeding 5cms soared to $3.9K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 336%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia3084071,7752,830109.4%
Guatemala65.084.0360565105.6%
NigeriaN/AN/AN/A3840%
Others42.014.066.011941.5%
Total4155052,2013,898111.0%

Top Export Markets for Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm from Panama in 2022:

  1. Colombia (935.0 kg)
  2. Guatemala (80.0 kg)
  3. Nigeria (33.0 kg)

Imports of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama

In 2022, approx. 164 kg of paper, cigarette; in rolls of a width not exceeding 5cms were imported into Panama; shrinking by -77.9% compared with the previous year. Overall, imports saw a precipitous decrease. The smallest decline of -39.2% was in 2020.

In value terms, imports of paper, cigarette; in rolls of a width not exceeding 5cms shrank sharply to $656 in 2022. In general, imports showed a precipitous curtailment. The smallest decline of -35.4% was in 2020.

Import of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain15.815.00.50.6-66.4%
Free ZonesN/AN/AN/AN/A0%
South KoreaN/A1.1N/AN/A0%
Colombia4.51.90.4N/A-70.2%
United States1.00.80.1N/A-68.4%
FranceN/AN/AN/AN/A0%
Dominican Republic7.7N/AN/AN/A0%
Argentina0.40.2N/AN/A-50.0%
Brazil0.30.2N/AN/A-33.3%
OthersN/AN/AN/AN/A0%
Total29.719.21.20.7-71.3%

Top Suppliers of Paper, Cigarette; in Rolls of A Width Not Exceeding 5cm to Panama in 2022:

  1. Spain (85.0 kg)
  2. Colombia (64.0 kg)
  3. France (7.0 kg)
  4. Free Zones (3.0 kg)
  5. United States (2.0 kg)
  6. Argentina (2.0 kg)
  7. Brazil (1.0 kg)

Source: IndexBox Market Intelligence Platform

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