Report Update: May 1, 2024

Panama - Personal Deodorants And Anti-Perspirants - Market Analysis, Forecast, Size, Trends And Insights

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Personal Anti-Perspirants Price in Panama - 2023

Personal Anti-Perspirants Price in Panama (CIF) - 2023

In July 2023, the average personal anti-perspirants import price amounted to $9,623 per ton, growing by 18% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in March 2023 an increase of 25% m-o-m. Over the period under review, average import prices hit record highs at $9,906 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($17,998 per ton), while the price for Spain ($4,074 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Free Zones (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Personal Anti-Perspirants Price in Panama (FOB) - 2022

The average personal anti-perspirants export price stood at $7,496 per ton in 2022, waning by -32.3% against the previous year. Over the period under review, the export price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2021 an increase of 55% against the previous year. As a result, the export price attained the peak level of $11,066 per ton, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($11,061 per ton), while the average price for exports to Chile ($5,699 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 Venezuela (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.

Personal Anti-Perspirants Imports in Panama

For the third year in a row, Panama recorded decline in overseas purchases of personal deodorants and anti-perspirants, which decreased by -11.3% to 1.9K tons in 2022. Over the period under review, imports recorded a abrupt decrease.

In value terms, personal anti-perspirants imports reached $16M in 2022. Overall, imports saw a abrupt curtailment.

Import of Personal Anti-Perspirants in Panama (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	6.6	4.7	5.5	6.8	1.0%
United States	10.5	8.2	4.2	4.0	-27.5%
Colombia	1.6	0.9	1.0	1.5	-2.1%
Germany	0.6	0.7	0.6	0.8	10.1%
Spain	0.6	0.8	0.6	0.7	5.3%
Canada	0.5	0.4	0.4	0.5	0.0%
Free Zones	N/A	N/A	N/A	0.5	0%
Argentina	0.7	0.7	0.3	N/A	-34.5%
El Salvador	0.8	0.5	0.5	N/A	-20.9%
Netherlands	0.9	0.9	0.8	N/A	-5.7%
Others	2.9	2.0	1.7	1.0	-29.9%
Total	25.8	19.7	15.5	15.9	-14.9%

Top Suppliers of Personal Anti-Perspirants to Panama in 2022:

Mexico (801.3 tons)
United States (400.8 tons)
Free Zones (181.8 tons)
Colombia (139.2 tons)
Spain (111.0 tons)
Germany (86.9 tons)
Canada (65.2 tons)
Argentina (0.4 tons)
Netherlands (0.2 tons)

Personal Anti-Perspirants Exports in Panama

In 2022, overseas shipments of personal deodorants and anti-perspirants were finally on the rise to reach 574 tons after two years of decline. Overall, exports, however, recorded a precipitous decline.

In value terms, personal anti-perspirants exports soared to $4.3M in 2022. Over the period under review, exports, however, faced a dramatic decline.

Export of Personal Anti-Perspirants in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	4,281	3,460	297	1,179	-34.9%
Cuba	1,609	1,382	317	1,124	-11.3%
Colombia	782	585	138	488	-14.5%
Mexico	163	601	102	362	30.5%
Venezuela	463	191	62.7	222	-21.7%
Costa Rica	70.0	49.4	5.9	205	43.1%
France	422	542	60.7	126	-33.2%
Others	1,319	669	145	599	-23.1%
Total	9,110	7,480	1,129	4,304	-22.1%

Top Export Markets for Personal Anti-Perspirants from Panama in 2022:

United States (163.3 tons)
Cuba (153.1 tons)
Colombia (66.6 tons)
Mexico (48.3 tons)
Venezuela (30.4 tons)
Costa Rica (28.2 tons)
France (11.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the personal anti-perspirants 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 20421960 - Personal deodorants and anti-perspirants

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023