Panama - Synthetic Organic Tanning Substances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Synthetic Organic Tanning Substances in Panama - 2023
Contents:
- Price for Synthetic Organic Tanning Substances in Panama (CIF) - 2022
- Price for Synthetic Organic Tanning Substances in Panama (FOB) - 2022
- Imports of Synthetic Organic Tanning Substances in Panama
- Exports of Synthetic Organic Tanning Substances in Panama
Price for Synthetic Organic Tanning Substances in Panama (CIF) - 2022
The average synthetic organic tanning substances import price stood at $1,561 per ton in 2022, declining by -2.9% against the previous year. In general, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 91%. The import price peaked at $2,583 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Free Zones.
From 2013 to 2022, the rate of growth in terms of prices for France amounted to -0.8% per year.
Price for Synthetic Organic Tanning Substances in Panama (FOB) - 2022
The average synthetic organic tanning substances export price stood at $1,918 per ton in 2022, surging by 20% against the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $2,021 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($2,907 per ton), while the average price for exports to Colombia ($1,135 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 Ecuador (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Synthetic Organic Tanning Substances in Panama
In 2022, purchases abroad of synthetic organic tanning substances decreased by -37.4% to 5.3 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a significant curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 38% against the previous year. As a result, imports reached the peak of 15 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, synthetic organic tanning substances imports shrank rapidly to $8.3K in 2022. In general, imports saw a dramatic slump. The pace of growth was the most pronounced in 2020 when imports increased by 28% against the previous year. As a result, imports reached the peak of $26K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Synthetic Organic Tanning Substances in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 0.1 | 0.2 | 0.1 | 8.3 | 336.2% |
Spain | 0.3 | 0.6 | 0.3 | N/A | 0.0% |
Argentina | 1.2 | 1.4 | 0.7 | N/A | -23.6% |
France | 2.0 | 10.2 | 6.4 | N/A | 78.9% |
India | 0.8 | 1.4 | 0.8 | N/A | 0.0% |
Netherlands | 14.4 | 9.2 | 2.7 | N/A | -56.7% |
Brazil | 0.4 | 0.5 | 0.3 | N/A | -13.4% |
Others | 0.9 | 2.1 | 2.3 | N/A | 59.9% |
Total | 20.0 | 25.6 | 13.7 | 8.3 | -25.4% |
Top Suppliers of Synthetic Organic Tanning Substances to Panama in 2022:
- Free Zones (5.3 tons)
Exports of Synthetic Organic Tanning Substances in Panama
For the third consecutive year, Panama recorded decline in overseas shipments of synthetic organic tanning substances, which decreased by -1.6% to 2 tons in 2022. Overall, exports recorded a sharp decrease.
In value terms, synthetic organic tanning substances exports soared to $3.9K in 2022. In general, exports recorded a sharp downturn.
Export of Synthetic Organic Tanning Substances in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 35.7 | 3.5 | 2.0 | 2.6 | -58.2% |
Colombia | 19.0 | 0.4 | 0.9 | 1.0 | -62.5% |
Venezuela | 4.1 | 0.3 | 0.2 | 0.2 | -63.5% |
Dominican Republic | 2.6 | 0.3 | 0.1 | 0.1 | -66.2% |
Others | 2.6 | N/A | 0.1 | N/A | -80.4% |
Total | 64.0 | 4.5 | 3.3 | 3.9 | -60.6% |
Top Export Markets for Synthetic Organic Tanning Substances from Panama in 2022:
- Ecuador (891.0 kg)
- Colombia (838.0 kg)
- Venezuela (163.0 kg)
- Dominican Republic (128.0 kg)
This report provides an in-depth analysis of the market for synthetic organic tanning substances in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20122330 - Synthetic organic tanning substances
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for synthetic organic tanning substances in Panama.
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This report provides an in-depth analysis of the market for synthetic organic tanning substances in Panama.
This report provides an in-depth analysis of the global market for synthetic organic tanning substances.
In value terms, tanning substances imports amounted to $X in 2016. Overall, tanning substances imports continue to indicate a relatively flat trend pattern. Global tanning substances import peaked ...
In value terms, tanning substances exports totaled $X in 2016. Overall, tanning substances exports continue to indicate a relatively flat trend pattern. Global tanning substances export peaked of $...
In value terms, tanning substances imports amounted to $X in 2016. Overall, tanning substances imports continue to indicate a relatively flat trend pattern. Global tanning substances import peaked ...
In value terms, tanning substances exports totaled $X in 2016. Overall, tanning substances exports continue to indicate a relatively flat trend pattern. Global tanning substances export peaked of $...