Price for Pulps of Other Fibrous Cellulosic Material in Panama - 2024

Contents:

  1. Price for Pulps of Other Fibrous Cellulosic Material in Panama (CIF) - 2022
  2. Price for Pulps of Other Fibrous Cellulosic Material in Panama (FOB) - 2022
  3. Imports of Pulps of Other Fibrous Cellulosic Material in Panama
  4. Exports of Pulps of Other Fibrous Cellulosic Material in Panama

Price for Pulps of Other Fibrous Cellulosic Material in Panama (CIF) - 2022

In 2022, the average import price for pulps of other fibrous cellulosic materials amounted to $1,905 per ton, growing by 9.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 119% against the previous year. As a result, import price reached the peak level of $4,132 per ton. From 2014 to 2022, the average 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 Free Zones ($2,033 per ton), while the price for Spain ($1,510 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-1.9%), while the prices for the other major suppliers experienced a decline.

Price for Pulps of Other Fibrous Cellulosic Material in Panama (FOB) - 2022

In 2022, the average export price for pulps of other fibrous cellulosic materials amounted to $545 per ton, reducing by -5.3% against the previous year. Over the period under review, the export price, however, saw moderate growth. The growth pace was the most rapid in 2013 when the average export price increased by 185% against the previous year. Over the period under review, the average export prices hit record highs at $1,596 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -99.1% per year.

Imports of Pulps of Other Fibrous Cellulosic Material in Panama

In 2022, approx. 149 tons of pulps of other fibrous cellulosic materials were imported into Panama; growing by 8% against the previous year. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 316% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of pulps of other fibrous cellulosic materials surged to $283K in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 198% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Pulps of Other Fibrous Cellulosic Material in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States44.829.195.210131.1%
Spain7.011.024.226.656.0%
Free ZonesN/AN/AN/A14.20%
Others56.240.412114236.2%
Total10880.524028337.9%

Top Suppliers of Pulps of Other Fibrous Cellulosic Material to Panama in 2022:

  1. United States (49.6 tons)
  2. Spain (17.6 tons)
  3. Free Zones (7.0 tons)

Exports of Pulps of Other Fibrous Cellulosic Material in Panama

In 2022, approx. 2 tons of pulps of other fibrous cellulosic materials were exported from Panama; reducing by -95.8% compared with the year before. Over the period under review, exports continue to indicate a sharp descent.

In value terms, exports of pulps of other fibrous cellulosic materials contracted sharply to $1.1K in 2022. Overall, exports continue to indicate a significant decline.

Export of Pulps of Other Fibrous Cellulosic Material in Panama (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Guatemala1.81.1-38.9%
Brazil26.2N/A0%
OthersN/AN/A0%
Total27.91.1-96.1%

Top Export Markets for Pulps of Other Fibrous Cellulosic Material from Panama in 2022:

  1. Guatemala (2.0 tons)

Source: IndexBox Market Intelligence Platform

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