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Panama - Rigid Tubes, Pipes and Hoses of Polymers of Propylene - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPanama: Market for Rigid Tubes, Pipes and Hoses of Polymers of Propylene 2024
Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Propylene in Panama
The Panamanian propylene polymer rigid pipes market expanded sharply to $X in 2023, with an increase of X% against the previous year. In general, consumption showed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.
Production of Rigid Tubes, Pipes and Hoses of Polymers of Propylene in Panama
In value terms, propylene polymer rigid pipes production expanded modestly to $X in 2023 estimated in export price. Overall, production posted a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Propylene polymer rigid pipes production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.
Exports of Rigid Tubes, Pipes and Hoses of Polymers of Propylene
Exports from Panama
Propylene polymer rigid pipes exports from Panama shrank sharply to X tons in 2023, waning by X% on 2022. In general, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2022, and then contracted significantly in the following year.
In value terms, propylene polymer rigid pipes exports declined rapidly to $X in 2023. Over the period under review, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2022, and then declined markedly in the following year.
Exports by Country
Guatemala (X tons) was the main destination for propylene polymer rigid pipes exports from Panama, with a approx. X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of volume to Guatemala amounted to X%.
In value terms, Guatemala ($X) emerged as the key foreign market for rigid tubes, pipes and hoses of polymers of propylene exports from Panama.
From 2012 to 2023, the average annual rate of growth in terms of value to Guatemala stood at X%.
Export Prices by Country
The average propylene polymer rigid pipes export price stood at $X per ton in 2023, falling by X% against the previous year. In general, the export price, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2023, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2012 to 2023, the rate of growth in terms of prices for Costa Rica amounted to X% per year.
Imports of Rigid Tubes, Pipes and Hoses of Polymers of Propylene
Imports into Panama
Propylene polymer rigid pipes imports into Panama soared to X tons in 2023, rising by X% against the year before. Over the period under review, imports showed strong growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, propylene polymer rigid pipes imports surged to $X in 2023. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
Colombia (X tons), Italy (X tons) and South Korea (X tons) were the main suppliers of propylene polymer rigid pipes imports to Panama, with a combined X% share of total imports. Free Zones, Spain, China, the United States and Mexico lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Colombia ($X), Free Zones ($X) and Italy ($X) constituted the largest propylene polymer rigid pipes suppliers to Panama, with a combined X% share of total imports. The United States, South Korea, Spain, China and Mexico lagged somewhat behind, together comprising a further X%.
The United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average propylene polymer rigid pipes import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated a temperate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, propylene polymer rigid pipes import price increased by X% against 2019 indices. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked in 2023 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Venezuela (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for propylene polymer rigid pipes 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 22212155 - Rigid tubes, pipes and hoses of polymers of propylene
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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