Report Update: May 1, 2024

Panama - Multiple-Walled Insulating Units Of Glass - Market Analysis, Forecast, Size, Trends And Insights

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Price for Multiple-Walled Insulating Glass Unit in Panama - 2023

Price for Multiple-Walled Insulating Glass Unit in Panama (CIF) - 2022

The average multiple-walled insulating glass unit import price stood at $30 per square meter in 2022, picking up by 22% against the previous year. Overall, the import price, however, showed a slight slump. The pace of growth was the most pronounced in 2014 an increase of 60%. As a result, import price reached the peak level of $73 per square meter. From 2015 to 2022, the average import prices remained at a lower figure.

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 Costa Rica ($43 per square meter), while the price for China ($12 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Multiple-Walled Insulating Glass Unit in Panama (FOB) - 2022

In 2022, the average multiple-walled insulating glass unit export price amounted to $20 per square meter, shrinking by -31.6% against the previous year. Overall, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by 24% against the previous year. The export price peaked at $69 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Nicaragua ($61 per square meter), while the average price for exports to Venezuela ($21 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+10.2%), while the prices for the other major destinations experienced a decline.

Imports of Multiple-Walled Insulating Glass Unit in Panama

In 2022, multiple-walled insulating glass unit imports into Panama expanded notably to 37K square meters, picking up by 8.7% compared with 2021 figures. Overall, imports, however, continue to indicate a deep setback. Over the period under review, imports hit record highs at 48K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, multiple-walled insulating glass unit imports surged to $1.1M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Multiple-Walled Insulating Glass Unit in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	375	529	339	497	9.8%
Russia	N/A	43.0	71.6	238	135.3%
Colombia	61.9	52.5	44.9	216	51.7%
Turkey	3.3	8.9	45.3	67.0	172.8%
Costa Rica	11.1	2.7	19.8	26.1	33.0%
United States	40.4	46.0	69.0	25.8	-13.9%
China	352	183	170	19.9	-61.6%
Peru	5.2	3.5	2.8	N/A	-26.6%
Portugal	53.7	N/A	N/A	N/A	0%
Others	72.2	50.6	68.8	12.5	-44.3%
Total	975	918	831	1,103	4.2%

Top Suppliers of Multiple-Walled Insulating Glass Unit to Panama in 2022:

Spain (16.4K square meters)
Russia (10.3K square meters)
Colombia (5.3K square meters)
Turkey (2.2K square meters)
China (1.6K square meters)
Costa Rica (0.6K square meters)
United States (0.4K square meters)

Exports of Multiple-Walled Insulating Glass Unit in Panama

In 2022, shipments abroad of multiple-walled insulating units of glass was finally on the rise to reach 134 square meters after two years of decline. In general, exports, however, recorded a sharp curtailment. The exports peaked at 1.1K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, multiple-walled insulating glass unit exports surged to $2.6K in 2022. Overall, exports, however, recorded a precipitous decline. The exports peaked at $32K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Multiple-Walled Insulating Glass Unit in Panama (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Dominican Republic	2,277	200	324	740	-31.2%
Nicaragua	1,050	527	117	305	-33.8%
Chile	1,713	306	126	288	-44.8%
Venezuela	1,283	590	120	288	-39.2%
Curacao	810	383	80.0	198	-37.5%
United States	525	408	80.0	182	-29.8%
Honduras	998	349	54.0	99.0	-53.7%
Jamaica	801	280	44.0	79.0	-53.8%
Ecuador	653	N/A	N/A	N/A	0%
Bolivia	2,320	N/A	N/A	N/A	0%
Colombia	10,488	N/A	N/A	N/A	0%
Guyana	2,905	N/A	N/A	N/A	0%
Netherlands	2,271	N/A	N/A	N/A	0%
Others	3,808	1,022	227	440	-51.3%
Total	31,902	4,065	1,172	2,619	-56.5%

Top Export Markets for Multiple-Walled Insulating Glass Unit from Panama in 2022:

Dominican Republic (27.0 square meters)
Venezuela (14.0 square meters)
Chile (10.0 square meters)
United States (6.0 square meters)
Curacao (5.0 square meters)
Nicaragua (5.0 square meters)
Honduras (4.0 square meters)
Jamaica (3.0 square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for multiple-walled insulating glass unit 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 23121330 - Multiple-walled insulating units of glass

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
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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