Panama - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpansible Polystyrene Price in Panama - 2023
Contents:
- Expansible Polystyrene Price in Panama (CIF) - 2022
- Expansible Polystyrene Price in Panama (FOB) - 2022
- Expansible Polystyrene Imports in Panama
- Expansible Polystyrene Exports in Panama
Expansible Polystyrene Price in Panama (CIF) - 2022
In 2022, the average expansible polystyrene import price amounted to $2,342 per ton, increasing by 25% against the previous year. Overall, the import price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2015 when the average import price increased by 180% against the previous year. As a result, import price attained the peak level of $7,638 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($2,740 per ton) and Mexico ($2,618 per ton), while the price for Brazil ($2,145 per ton) and China ($2,182 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Expansible Polystyrene Price in Panama (FOB) - 2022
The average expansible polystyrene export price stood at $2,927 per ton in 2022, with an increase of 6.9% against the previous year. Over the period under review, the export price posted a notable increase. The most prominent rate of growth was recorded in 2021 an increase of 130%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($1,685 per ton), while the average price for exports to Venezuela ($714 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 Costa Rica (+0.1%), while the prices for the other major destinations experienced a decline.
Expansible Polystyrene Imports in Panama
Expansible polystyrene imports into Panama dropped to 2.6K tons in 2022, with a decrease of -5.2% compared with the previous year. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 106%.
In value terms, expansible polystyrene imports soared to $6M in 2022. In general, imports, however, posted a measured expansion. The growth pace was the most rapid in 2021 with an increase of 203% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Expansible Polystyrene in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 70.4 | 95.0 | 561 | 2,984 | 248.7% |
Taiwan (Chinese) | 1,071 | 255 | 859 | 1,739 | 17.5% |
Netherlands | N/A | N/A | 149 | 362 | 143.0% |
Turkey | 24.8 | 130 | 866 | 345 | 140.5% |
Mexico | 2,220 | 836 | 1,297 | 312 | -48.0% |
South Korea | 88.6 | 43.0 | 39.0 | 125 | 12.2% |
Brazil | 81.8 | N/A | N/A | 116 | 12.3% |
Canada | 1,493 | 216 | 1,179 | N/A | -11.1% |
Others | 350 | 92.8 | 106 | 5.7 | -74.7% |
Total | 5,400 | 1,668 | 5,056 | 5,987 | 3.5% |
Top Suppliers of Expansible Polystyrene to Panama in 2022:
- China (1367.7 tons)
- Taiwan (Chinese) (693.3 tons)
- Turkey (135.4 tons)
- Netherlands (132.0 tons)
- Mexico (119.1 tons)
- Brazil (54.0 tons)
- South Korea (48.5 tons)
Expansible Polystyrene Exports in Panama
In 2022, approx. 32 tons of expansible polystyrene in primary forms were exported from Panama; rising by 78% on 2021 figures. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 358%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, expansible polystyrene exports soared to $94K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 955%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Expansible Polystyrene in Panama (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Paraguay | 2,337 | N/A | 1,169 | -29.3% | |
Nicaragua | 608 | N/A | 529 | -6.7% | |
Costa Rica | 684 | N/A | 477 | -16.5% | |
Guatemala | 149 | N/A | 59.0 | -37.1% | |
Venezuela | 99.0 | N/A | 50.0 | -28.9% | |
Dominican Republic | 122 | N/A | 46.0 | -38.6% | |
Colombia | 662 | N/A | N/A | 0% | |
Others | N/A | 49,165 | 91,339 | 85.8% | |
Total | 4,661 | 49,165 | 93,669 | 348.3% |
Top Export Markets for Expansible Polystyrene from Panama in 2022:
- Dominican Republic (undefined tons)
- Paraguay (1.1 tons)
- Costa Rica (0.4 tons)
- Nicaragua (0.3 tons)
- Venezuela (0.1 tons)
- Guatemala (0.1 tons)
This report provides an in-depth analysis of the expansible polystyrene 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:
- Prodcom 20162035 - Expansible polystyrene, in primary forms
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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