Panama - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMineral Wool Price in Panama - 2023
Contents:
- Mineral Wool Price in Panama (CIF) - 2022
- Mineral Wool Price in Panama (FOB) - 2022
- Mineral Wool Imports in Panama
- Mineral Wool Exports in Panama
Mineral Wool Price in Panama (CIF) - 2022
In 2022, the average mineral wool import price amounted to $2,222 per ton, picking up by 10% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $4,840 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,034 per ton), while the price for Portugal ($848 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Mineral Wool Price in Panama (FOB) - 2022
In 2022, the average mineral wool export price amounted to $4,158 per ton, falling by -1.6% against the previous year. Overall, the export price, however, recorded a measured increase. The pace of growth appeared the most rapid in 2016 an increase of 86%. As a result, the export price reached the peak level of $5,583 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guyana ($11,922 per ton), while the average price for exports to Venezuela ($678 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 Norway (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Mineral Wool Imports in Panama
In 2022, the amount of slag wool, rock wool and similar mineral wools and mixtures imported into Panama surged to 504 tons, picking up by 82% against the previous year's figure. Over the period under review, imports, however, showed a noticeable setback.
In value terms, mineral wool imports soared to $1.1M in 2022. In general, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Mineral Wool in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 245 | 30.8 | 98.0 | 545 | 30.5% |
| Colombia | 55.5 | 7.0 | 41.6 | 212 | 56.3% |
| Belgium | 39.1 | 10.5 | 7.8 | 171 | 63.5% |
| Netherlands | 10.7 | 1.3 | 8.0 | 52.0 | 69.4% |
| Portugal | 10.8 | 3.4 | 7.0 | 45.5 | 61.5% |
| Saudi Arabia | N/A | N/A | N/A | 42.0 | 0% |
| China | 73.2 | 7.8 | 29.6 | 25.5 | -29.6% |
| South Korea | 261 | 129 | 255 | N/A | -1.2% |
| Germany | 60.1 | 58.9 | 88.0 | N/A | 21.0% |
| Others | 97.4 | 32.6 | 24.9 | 26.5 | -35.2% |
| Total | 853 | 282 | 560 | 1,120 | 9.5% |
Top Suppliers of Mineral Wool to Panama in 2022:
- United States (265.9 tons)
- Colombia (94.3 tons)
- Portugal (53.6 tons)
- Belgium (44.0 tons)
- Saudi Arabia (17.9 tons)
- Netherlands (12.9 tons)
- China (7.4 tons)
Mineral Wool Exports in Panama
In 2022, shipments abroad of slag wool, rock wool and similar mineral wools and mixtures decreased by -6.9% to 2.1 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. As a result, the exports reached the peak of 2.3 tons, and then fell in the following year.
In value terms, mineral wool exports shrank to $8.7K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 91%.
| Export of Mineral Wool in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 3.0 | 5.6 | 8.1 | 7.5 | 35.7% |
| Guyana | 0.3 | 0.5 | 0.7 | 0.6 | 26.0% |
| Jamaica | 0.1 | 0.3 | 0.5 | 0.4 | 58.7% |
| Venezuela | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.4 | 6.5 | 9.5 | 8.7 | 36.8% |
Top Export Markets for Mineral Wool from Panama in 2022:
- Norway (1707.0 kg)
- Venezuela (233.0 kg)
- Jamaica (105.0 kg)
- Guyana (51.0 kg)
This report provides an in-depth analysis of the mineral wool 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 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
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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For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
853
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
1020
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
717
For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
853
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
1020
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
