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Panama - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWrapping Papers Price in Panama - 2023
Contents:
- Wrapping Papers Price in Panama (CIF) - 2023
- Wrapping Papers Price in Panama (FOB) - 2022
- Wrapping Papers Imports in Panama
- Wrapping Papers Exports in Panama
Wrapping Papers Price in Panama (CIF) - 2023
The average wrapping papers import price stood at $860 per ton in September 2023, dropping by -4.6% against the previous month. Over the period under review, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 177% month-to-month. As a result, import price reached the peak level of $2,678 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($3,159 per ton), while the price for the United States ($754 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.1%), while the prices for the other major suppliers experienced a decline.
Wrapping Papers Price in Panama (FOB) - 2022
In 2022, the average wrapping papers export price amounted to $1,248 per ton, waning by -41.4% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 13% against the previous year. Over the period under review, the average export prices attained the maximum at $3,498 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($2,103 per ton), while the average price for exports to Costa Rica ($790 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 the Dominican Republic (-2.6%), while the prices for the other major destinations experienced a decline.
Wrapping Papers Imports in Panama
In 2022, the amount of wrapping paper, packaging paper and paperboard imported into Panama fell rapidly to 20K tons, which is down by -29.8% on the previous year. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports reached the peak of 29K tons, and then dropped markedly in the following year.
In value terms, wrapping papers imports declined to $24M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 86%. As a result, imports reached the peak of $26M, and then declined in the following year.
Import of Wrapping Papers in Panama (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 14.1 | 11.1 | 22.6 | 21.3 | 14.7% |
China | 0.9 | 0.4 | 0.4 | 1.0 | 3.6% |
Others | 2.8 | 2.4 | 3.0 | 1.8 | -13.7% |
Total | 17.8 | 13.9 | 26.0 | 24.2 | 10.8% |
Top Suppliers of Wrapping Papers to Panama in 2022:
- United States (18.8K tons)
- China (0.6K tons)
Wrapping Papers Exports in Panama
In 2022, after two years of decline, there was significant growth in shipments abroad of wrapping paper, packaging paper and paperboard, when their volume increased by 197% to 459 tons. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wrapping papers exports soared to $574K in 2022. In general, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Wrapping Papers in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 51.2 | 61.7 | 201 | 310 | 82.3% |
Costa Rica | 55.7 | 22.0 | 10.2 | 162 | 42.7% |
Colombia | 53.4 | 42.7 | 40.5 | 43.5 | -6.6% |
United States | 9.0 | 43.3 | 1.8 | 20.6 | 31.8% |
Honduras | 20.1 | 9.5 | 36.1 | 7.0 | -29.6% |
Nicaragua | 36.6 | 41.3 | 7.3 | 1.2 | -68.0% |
Dominican Republic | 87.1 | 40.8 | 2.2 | 0.4 | -83.4% |
Others | 200 | 211 | 30.4 | 29.0 | -47.5% |
Total | 513 | 473 | 329 | 574 | 3.8% |
Top Export Markets for Wrapping Papers from Panama in 2022:
- Costa Rica (205.1 tons)
- El Salvador (182.2 tons)
- Colombia (35.6 tons)
- United States (9.8 tons)
- Honduras (5.6 tons)
- Nicaragua (0.3 tons)
- Dominican Republic (0.2 tons)
This report provides an in-depth analysis of the wrapping papers market 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:
- FCL 1621 - Wrapping papers
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
-
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
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