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Panama - Industrial Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
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Industrial Roundwood (Coniferous) Market Size in Panama
The Panamanian industrial roundwood (coniferous) market plummeted to $X in 2022, dropping by -33.3% against the previous year. Over the period under review, consumption, however, posted pronounced growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.
Industrial Roundwood (Coniferous) Production in Panama
In value terms, industrial roundwood (coniferous) production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production recorded strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 756% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.
Industrial Roundwood (Coniferous) Exports
Exports from Panama
Industrial roundwood (coniferous) exports from Panama skyrocketed to X cubic meters in 2022, with an increase of 227% compared with the year before. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, industrial roundwood (coniferous) exports surged to $X in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 114% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
Exports by Country
China (X cubic meters) was the main destination for industrial roundwood (coniferous) exports from Panama, accounting for a 95% share of total exports. Moreover, industrial roundwood (coniferous) exports to China exceeded the volume sent to the second major destination, Malaysia (X cubic meters), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume to China totaled +54.3%.
In value terms, China ($X) remains the key foreign market for industrial roundwood (coniferous) exports from Panama, comprising 97% of total exports. The second position in the ranking was held by Malaysia ($X), with a 2.8% share of total exports.
From 2012 to 2022, the average annual growth rate of value to China totaled +46.5%.
Export Prices by Country
In 2022, the average industrial roundwood (coniferous) export price amounted to $X per cubic meter, with a decrease of -46.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 73%. As a result, the export price attained the peak level of $X per cubic meter. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to Malaysia totaled $X per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+48.4%), while the prices for the other major destinations experienced a decline.
Industrial Roundwood (Coniferous) Imports
Imports into Panama
In 2022, supplies from abroad of industrial roundwood (coniferous) decreased by -96.8% to X cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2014 when imports increased by 174%. Over the period under review, imports attained the peak figure at X cubic meters in 2015; however, from 2016 to 2022, imports remained at a lower figure.
In value terms, industrial roundwood (coniferous) imports plummeted to $X in 2022. In general, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2014 when imports increased by 165% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Colombia (X cubic meters) was the main industrial roundwood (coniferous) supplier to Panama, accounting for a approx. 100% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from Colombia amounted to +1.2%.
In value terms, Colombia ($X) constituted the largest supplier of industrial roundwood (coniferous) to Panama.
From 2012 to 2022, the average annual rate of growth in terms of value from Colombia stood at -7.0%.
Import Prices by Country
In 2022, the average industrial roundwood (coniferous) import price amounted to $X per cubic meter, rising by 326% against the previous year. In general, the import price continues to indicate a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -8.0% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the industrial roundwood (coniferous) 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 1866 -
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
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