Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Panama - 2022

Contents:

1. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Panama (CIF) - 2022
2. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Panama (FOB) - 2022
3. Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Panama
4. Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Panama

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Panama (CIF) - 2022

The average import price for railway or tramway sleepers (cross-ties) of wood stood at $874 per cubic meter in 2022, with an increase of 26% against the previous year. Overall, the import price posted a prominent increase. The pace of growth was the most pronounced in 2017 an increase of 66% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.3% per year.

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Panama (FOB) - 2022

The average export price for railway or tramway sleepers (cross-ties) of wood stood at $596 per cubic meter in 2021, standing approx. at the previous year. In general, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when the average export price decreased by -38.1% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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

From 2016 to 2021, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Panama

In 2022, supplies from abroad of railway or tramway sleepers (cross-ties) of wood decreased by -46.3% to 110 cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 92%. As a result, imports attained the peak of 229 cubic meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood reduced markedly to $96K in 2022. Overall, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 113%. Imports peaked at $142K in 2021, and then dropped rapidly in the following year.

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to Panama in 2022:

1. United States (110.0 cubic meters)

Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Panama

In 2021, the amount of railway or tramway sleepers (cross-ties) of wood exported from Panama totaled 66 cubic meters, almost unchanged from the previous year. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of railway or tramway sleepers (cross-ties) of wood totaled $39K in 2021. Overall, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.

Top Export Markets for Railway or Tramway Sleepers (Cross-Ties) of Wood from Panama in 2022:

1. Netherlands (66.0 cubic meters)

Source: IndexBox Market Intelligence Platform