Price for Wood; Shuttering for Concrete Constructional Work in Panama - 2023

Contents:

1. Price for Wood; Shuttering for Concrete Constructional Work in Panama (CIF) - 2022
2. Price for Wood; Shuttering for Concrete Constructional Work in Panama (FOB) - 2022
3. Imports of Wood; Shuttering for Concrete Constructional Work in Panama
4. Exports of Wood; Shuttering for Concrete Constructional Work in Panama

Price for Wood; Shuttering for Concrete Constructional Work in Panama (CIF) - 2022

In 2022, the average import price for wood; shuttering for concrete constructional work amounted to $1,962 per ton, falling by -20.3% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood; shuttering for concrete constructional work increased by +18.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 48%. As a result, import price attained the peak level of $2,461 per ton, and then shrank remarkably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +15.5% per year.

Price for Wood; Shuttering for Concrete Constructional Work in Panama (FOB) - 2022

The average export price for wood; shuttering for concrete constructional work stood at $1,133 per ton in 2022, which is down by -1.5% against the previous year. Overall, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 42%. Over the period under review, the average export prices attained the peak figure at $4,205 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +24.2% per year.

Imports of Wood; Shuttering for Concrete Constructional Work in Panama

For the third consecutive year, Panama recorded decline in purchases abroad of wood; shuttering for concrete constructional work, which decreased by -18.5% to 14 tons in 2022. Over the period under review, imports showed a dramatic setback.

In value terms, imports of wood; shuttering for concrete constructional work reduced rapidly to $26K in 2022. In general, imports showed a sharp decline.

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Panama in 2022:

1. China (13.5 tons)

Exports of Wood; Shuttering for Concrete Constructional Work in Panama

In 2022, after three years of growth, there was significant decline in overseas shipments of wood; shuttering for concrete constructional work, when their volume decreased by -17.8% to 34 tons. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 180% against the previous year.

In value terms, exports of wood; shuttering for concrete constructional work shrank notably to $38K in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 123% against the previous year.

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Panama in 2022:

1. Costa Rica (33.8 tons)

Source: IndexBox Market Intelligence Platform