Panama - Iron Or Steel Bridges And Bridge-Sections - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Bridges in Panama - 2023
Contents:
- Price for Iron or Steel Bridges in Panama (CIF) - 2023
- Price for Iron or Steel Bridges in Panama (FOB) - 2022
- Imports of Iron or Steel Bridges in Panama
- Exports of Iron or Steel Bridges in Panama
Price for Iron or Steel Bridges in Panama (CIF) - 2023
In September 2023, the average iron or steel bridges import price amounted to $4,701 per ton, rising by 42% against the previous month. Overall, the import price, however, recorded a noticeable decrease. The import price peaked at $6,317 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($21,785 per ton), while the price for Free Zones ($866 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel Bridges in Panama (FOB) - 2022
In 2022, the average iron or steel bridges export price amounted to $3,840 per ton, stabilizing at the previous year. Overall, the export price recorded a pronounced decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 86%. Over the period under review, the average export prices hit record highs at $7,839 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($10,104 per ton), while the average price for exports to Honduras ($1,670 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 Aruba (+44.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Bridges in Panama
Iron or steel bridges imports into Panama surged to 3.2K tons in 2022, growing by 416% on the year before. In general, imports posted buoyant growth.
In value terms, iron or steel bridges imports skyrocketed to $15M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel Bridges in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.5 | 13.0 | 1.4 | 12.5 | 40.6% |
| South Korea | N/A | N/A | N/A | 1.6 | 0% |
| Spain | N/A | 0.5 | N/A | 0.5 | 0.0% |
| Colombia | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| United Kingdom | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Others | 0.9 | 0.3 | N/A | 0.2 | -39.4% |
| Total | 5.9 | 14.1 | 1.5 | 14.9 | 36.2% |
Top Suppliers of Iron or Steel Bridges to Panama in 2022:
- United States (2801.0 tons)
- South Korea (199.0 tons)
- Spain (101.3 tons)
- Colombia (62.3 tons)
Exports of Iron or Steel Bridges in Panama
In 2022, overseas shipments of iron or steel bridges and bridge-sections decreased by 0% to 24 tons, falling for the second year in a row after two years of growth. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,650%. As a result, the exports reached the peak of 49 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, iron or steel bridges exports totaled $94K in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 1,562% against the previous year. As a result, the exports attained the peak of $187K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Iron or Steel Bridges in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 1.3 | 10.0 | N/A | 24.7 | 166.8% |
| Costa Rica | 6.0 | 23.6 | N/A | 17.0 | 41.5% |
| Venezuela | 0.7 | 4.8 | N/A | 16.8 | 188.4% |
| Aruba | N/A | 32.3 | N/A | 11.5 | -40.3% |
| Guatemala | 0.7 | 2.8 | N/A | 10.1 | 143.4% |
| Colombia | 0.5 | 3.2 | N/A | 7.6 | 147.7% |
| Honduras | 0.4 | 2.3 | N/A | 5.9 | 145.2% |
| Paraguay | N/A | 11.7 | N/A | N/A | 0% |
| United States | N/A | 50.5 | N/A | N/A | 0% |
| Nicaragua | N/A | 7.7 | N/A | N/A | 0% |
| El Salvador | N/A | 36.5 | N/A | N/A | 0% |
| Others | 1.7 | 1.8 | N/A | N/A | 5.9% |
| Total | 11.3 | 187 | N/A | 93.6 | 102.3% |
Top Export Markets for Iron or Steel Bridges from Panama in 2022:
- Dominican Republic (8.2 tons)
- Costa Rica (6.0 tons)
- Honduras (3.5 tons)
- Guatemala (2.4 tons)
- Venezuela (1.7 tons)
- Aruba (1.5 tons)
- Colombia (1.2 tons)
This report provides an in-depth analysis of the market for iron or steel bridges 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 25112100 - Iron or steel bridges and bridge-sections
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
-
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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