Panama - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTyre Cord Fabric Price in Panama - 2023
Contents:
- Tyre Cord Fabric Price in Panama (CIF) - 2022
- Tyre Cord Fabric Price in Panama (FOB) - 2022
- Tyre Cord Fabric Imports in Panama
- Tyre Cord Fabric Exports in Panama
Tyre Cord Fabric Price in Panama (CIF) - 2022
The average tyre cord fabric import price stood at $4,764 per ton in 2022, falling by -4.7% against the previous year. Over the period under review, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 41%. As a result, import price reached the peak level of $12,013 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +1.8% per year.
Tyre Cord Fabric Price in Panama (FOB) - 2022
In 2022, the average tyre cord fabric export price amounted to $3,180 per ton, reducing by -28% against the previous year. In general, the export price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 68% against the previous year. The export price peaked at $6,372 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($12,396 per ton), while the average price for exports to Barbados ($708 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 (+88.4%), while the prices for the other major destinations experienced a decline.
Tyre Cord Fabric Imports in Panama
In 2022, approx. 768 kg of tyre cord fabric of high tenacity yarn were imported into Panama; waning by -42.9% against the previous year's figure. Over the period under review, imports faced a dramatic curtailment.
In value terms, tyre cord fabric imports shrank notably to $3.7K in 2022. Overall, imports continue to indicate a sharp reduction.
Import of Tyre Cord Fabric in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 6.7 | 5.1 | 6.7 | 3.7 | -18.0% |
Ecuador | 76.0 | N/A | N/A | N/A | 0% |
South Korea | 101 | 48.5 | N/A | N/A | -52.0% |
Peru | 23.2 | N/A | N/A | N/A | 0% |
China | 315 | 54.6 | N/A | N/A | -82.7% |
Others | 24.5 | 7.9 | N/A | N/A | -67.8% |
Total | 547 | 116 | 6.7 | 3.7 | -81.1% |
Top Suppliers of Tyre Cord Fabric to Panama in 2022:
- Free Zones (768.0 kg)
Tyre Cord Fabric Exports in Panama
In 2022, overseas shipments of tyre cord fabric of high tenacity yarn increased by 613% to 1.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded perceptible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, tyre cord fabric exports soared to $3.9K in 2022. In general, exports, however, recorded a deep reduction.
Export of Tyre Cord Fabric in Panama (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | N/A | N/A | N/A | 1,723 | 0% |
Costa Rica | N/A | 39.0 | N/A | 816 | 357.4% |
Jamaica | 76.0 | 194 | 395 | 438 | 79.3% |
Barbados | N/A | N/A | N/A | 393 | 0% |
Aruba | 2,396 | 73.0 | 373 | 342 | -47.7% |
Guyana | N/A | N/A | N/A | 234 | 0% |
Chile | 1,663 | 193 | N/A | N/A | -88.4% |
Antigua and Barbuda | 1,556 | N/A | N/A | N/A | 0% |
Trinidad and Tobago | N/A | 1,321 | N/A | N/A | 0% |
Others | N/A | 32.0 | N/A | N/A | 0% |
Total | 5,691 | 1,852 | 768 | 3,946 | -11.5% |
Top Export Markets for Tyre Cord Fabric from Panama in 2022:
- Barbados (555.0 kg)
- Jamaica (248.0 kg)
- Costa Rica (183.0 kg)
- Guatemala (139.0 kg)
- Guyana (67.0 kg)
- Aruba (49.0 kg)
This report provides an in-depth analysis of the tyre cord fabric 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 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon
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
This report provides an in-depth analysis of the tyre cord fabric market in Panama.
This report provides an in-depth analysis of the global tyre cord fabric market.
Global Tyre Cord Fabric Market Report 2018. This report provides an in-depth analysis of the global tyre cord fabric market.
This report provides an in-depth analysis of the tyre cord fabric market in Panama.
This report provides an in-depth analysis of the global tyre cord fabric market.
Global Tyre Cord Fabric Market Report 2018. This report provides an in-depth analysis of the global tyre cord fabric market.
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...