Price for Prefabricated Buildings of Wood in Panama - 2024

Contents:

  1. Price for Prefabricated Buildings of Wood in Panama (CIF) - 2022
  2. Price for Prefabricated Buildings of Wood in Panama (FOB) - 2022
  3. Imports of Prefabricated Buildings of Wood in Panama
  4. Exports of Prefabricated Buildings of Wood in Panama

Price for Prefabricated Buildings of Wood in Panama (CIF) - 2022

The average prefabricated buildings of wood import price stood at $27,097 per unit in 2022, picking up by 5.7% against the previous year. In general, the import price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2021 an increase of 46%. The import price peaked at $32,173 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($65,376 per unit), while the price for Costa Rica ($111 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+71.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Prefabricated Buildings of Wood in Panama (FOB) - 2022

The average prefabricated buildings of wood export price stood at $3,089 per unit in 2020, shrinking by -77.3% against the previous year. Over the period under review, the export price faced a sharp setback. The pace of growth was the most pronounced in 2019 an increase of 59%. The export price peaked at $19,901 per unit in 2017; however, from 2018 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.

From 2017 to 2020, the rate of growth in terms of prices for Guatemala amounted to -75.4% per year.

Imports of Prefabricated Buildings of Wood in Panama

In 2022, prefabricated buildings of wood imports into Panama shrank markedly to 32 units, waning by -23.8% on 2021. Overall, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports hit record highs at 104 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, prefabricated buildings of wood imports fell significantly to $867K in 2022. Over the period under review, imports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2021 when imports increased by 92%. Over the period under review, imports reached the peak figure at $2.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Prefabricated Buildings of Wood in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy22718.930.732712.9%
FranceN/AN/AN/A1890%
SingaporeN/AN/AN/A1010%
China43628359989.8-40.9%
United States3628.583.473.8-41.1%
Colombia71.14.916829.9-25.1%
Spain15359.811.527.7-43.4%
Mexico56.3N/AN/A0.5-79.3%
Costa Rica124N/AN/A0.1-90.7%
Indonesia300120118N/A-37.3%
TurkeyN/A61.043.9N/A-28.0%
Others4545.821.728.6-60.2%
Total2,1845621,076867-26.5%

Top Suppliers of Prefabricated Buildings of Wood to Panama in 2022:

  1. France (7.0 units)
  2. Singapore (6.0 units)
  3. Italy (5.0 units)
  4. China (5.0 units)
  5. United States (4.0 units)
  6. Mexico (1.0 units)
  7. Costa Rica (1.0 units)
  8. Colombia (1.0 units)
  9. Spain (1.0 units)

Exports of Prefabricated Buildings of Wood in Panama

Prefabricated buildings of wood exports from Panama contracted notably to 1 units in 2020, dropping by -66.7% compared with the year before. Overall, exports recorded a dramatic downturn. The exports peaked at 3 units in 2019, and then declined sharply in the following year.

In value terms, prefabricated buildings of wood exports reduced markedly to $3.1K in 2020. In general, exports recorded a dramatic shrinkage. The exports peaked at $41K in 2019, and then declined dramatically in the following year.

Export of Prefabricated Buildings of Wood in Panama (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Dominican RepublicN/A3.10%
Costa Rica1.2N/A0%
Jamaica39.6N/A0%
OthersN/AN/A0%
Total40.83.1-92.4%

Top Export Markets for Prefabricated Buildings of Wood from Panama in 2022:

  1. Dominican Republic (1.0 units)
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