Panama - Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Frame Upholstered Seat in Panama - 2022
Contents:
- Price for Metal Frame Upholstered Seat in Panama (CIF) - 2022
- Price for Metal Frame Upholstered Seat in Panama (FOB) - 2022
- Imports of Metal Frame Upholstered Seat in Panama
- Exports of Metal Frame Upholstered Seat in Panama
Price for Metal Frame Upholstered Seat in Panama (CIF) - 2022
The average metal frame upholstered seat import price stood at $59 per unit in 2022, with an increase of 13% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 52% against the previous year. The import price peaked at $98 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($168 per unit), while the price for Taiwan (Chinese) ($52 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Frame Upholstered Seat in Panama (FOB) - 2022
In 2022, the average metal frame upholstered seat export price amounted to $154 per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price enjoyed perceptible growth. The pace of growth appeared the most rapid in 2017 an increase of 65%. The export price peaked at $156 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Guatemala ($114 per unit) and Guyana ($111 per unit), while the average price for exports to the United States ($107 per unit) and Nicaragua ($107 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+0.1%), while the prices for the other major destinations experienced a decline.
Imports of Metal Frame Upholstered Seat in Panama
In 2022, the amount of upholstered seats with metal frames imported into Panama fell markedly to 33K units, waning by -20.4% on 2021 figures. Over the period under review, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 7.1%. Over the period under review, imports hit record highs at 103K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, metal frame upholstered seat imports shrank to $1.9M in 2022. Overall, imports recorded a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 4.2% against the previous year. Imports peaked at $5.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Metal Frame Upholstered Seat in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 888 | 519 | 665 | 713 | -7.1% |
China | 1,707 | 846 | 601 | 492 | -33.9% |
Italy | 135 | 133 | 165 | 224 | 18.4% |
Mexico | 28.8 | 85.3 | 167 | 130 | 65.3% |
United States | 128 | 177 | 300 | 96.3 | -9.0% |
Taiwan (Chinese) | 60.4 | 22.4 | 25.9 | 55.2 | -3.0% |
Denmark | 11.6 | N/A | 27.0 | 45.2 | 57.4% |
Colombia | 362 | 10.5 | 13.5 | 40.4 | -51.9% |
Spain | 1,088 | 76.4 | 111 | 36.1 | -67.9% |
India | 333 | 38.1 | N/A | 3.9 | -77.3% |
Others | 349 | 156 | 74.2 | 95.9 | -35.0% |
Total | 5,092 | 2,064 | 2,150 | 1,932 | -27.6% |
Top Suppliers of Metal Frame Upholstered Seat to Panama in 2022:
- Free Zones (13.0K units)
- China (7.1K units)
- Mexico (1.8K units)
- Italy (1.3K units)
- Taiwan (Chinese) (1.1K units)
- United States (0.9K units)
- Denmark (0.6K units)
- Colombia (0.4K units)
- Spain (0.3K units)
Exports of Metal Frame Upholstered Seat in Panama
In 2022, the amount of upholstered seats with metal frames exported from Panama was estimated at 6.3K units, flattening at the previous year's figure. Overall, exports faced a sharp descent. The smallest decline of -21.3% was in 2020. The exports peaked at 16K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, metal frame upholstered seat exports stood at $974K in 2022. Over the period under review, exports recorded a significant curtailment. The smallest decline of -21.9% was in 2020. Over the period under review, the exports reached the maximum at $2.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Metal Frame Upholstered Seat in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 150 | 431 | 35.7 | 36.1 | -37.8% |
Costa Rica | 272 | 170 | 18.0 | 18.0 | -59.6% |
Dominican Republic | 147 | 195 | 16.2 | 16.4 | -51.9% |
Honduras | 173 | 117 | 12.4 | 12.6 | -58.2% |
Nicaragua | 102 | 111 | 9.2 | 9.3 | -55.0% |
Cuba | 77.3 | 3.6 | 7.2 | 7.3 | -54.5% |
Venezuela | 87.6 | 80.7 | 6.7 | 6.8 | -57.3% |
Guatemala | 106 | 55.1 | 6.0 | 6.4 | -60.8% |
Guyana | 98.3 | 50.2 | 5.9 | 6.0 | -60.6% |
El Salvador | 71.6 | 64.3 | 5.3 | 5.5 | -57.5% |
Curacao | 41.5 | 27.4 | 5.0 | 5.0 | -50.6% |
Trinidad and Tobago | 62.5 | 46.3 | 4.9 | 4.9 | -57.2% |
Colombia | 66.3 | 22.7 | 4.9 | 4.9 | -58.0% |
Others | 1,039 | 573 | -137.3 | 835 | -7.0% |
Total | 2,493 | 1,947 | N/A | 974 | -26.9% |
Top Export Markets for Metal Frame Upholstered Seat from Panama in 2022:
- United States (339.0 units)
- Costa Rica (166.0 units)
- Dominican Republic (153.0 units)
- Honduras (115.0 units)
- Nicaragua (87.0 units)
- Cuba (68.0 units)
- Venezuela (63.0 units)
- Guatemala (56.0 units)
- Guyana (54.0 units)
- El Salvador (51.0 units)
- Curacao (47.0 units)
- Trinidad and Tobago (45.0 units)
- Colombia (45.0 units)
This report provides an in-depth analysis of the market for metal frame upholstered seat 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 31001170 - Upholstered seats with metal frames (excluding swivel seats, m edical, surgical, dental or veterinary seats, barbers
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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