Panama - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Leaf-Spring in Panama - 2023
Contents:
- Price for Iron or Steel Leaf-Spring in Panama (CIF) - 2022
- Price for Iron or Steel Leaf-Spring in Panama (FOB) - 2022
- Imports of Iron or Steel Leaf-Spring in Panama
- Exports of Iron or Steel Leaf-Spring in Panama
Price for Iron or Steel Leaf-Spring in Panama (CIF) - 2022
The average iron or steel leaf-spring import price stood at $2,605 per ton in 2022, declining by -3.4% against the previous year. Overall, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 42% against the previous year. As a result, import price attained the peak level of $4,210 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($4,398 per ton), while the price for China ($1,830 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel Leaf-Spring in Panama (FOB) - 2022
Panama has no trade partners to describe.
Imports of Iron or Steel Leaf-Spring in Panama
In 2022, iron or steel leaf-spring imports into Panama was estimated at 169 tons, with an increase of 4.7% on the previous year. In general, imports, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 when imports increased by 212%.
In value terms, iron or steel leaf-spring imports reached $439K in 2022. Overall, imports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 199% against the previous year.
| Import of Iron or Steel Leaf-Spring in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 168 | 45.7 | 139 | 111 | -12.9% |
| Mexico | 85.6 | 2.3 | 133 | 109 | 8.4% |
| China | 32.5 | 20.9 | 41.1 | 98.9 | 44.9% |
| United States | 82.2 | 33.9 | 46.6 | 60.1 | -9.9% |
| Free Zones | 21.6 | 14.6 | 9.5 | 20.4 | -1.9% |
| Australia | N/A | 2.8 | 1.4 | 13.2 | 117.1% |
| Others | 88.9 | 25.3 | 63.3 | 26.3 | -33.4% |
| Total | 479 | 145 | 434 | 439 | -2.9% |
Top Suppliers of Iron or Steel Leaf-Spring to Panama in 2022:
- China (54.0 tons)
- Colombia (42.8 tons)
- Mexico (34.6 tons)
- United States (23.0 tons)
- Free Zones (9.1 tons)
- Australia (3.0 tons)
Exports of Iron or Steel Leaf-Spring in Panama
For the third consecutive year, Panama recorded decline in shipments abroad of iron or steel leaf-springs and leaves, which decreased by 0% to 4.4 tons in 2022. Over the period under review, exports saw a precipitous contraction. The smallest decline of -40.1% was in 2020.
In value terms, iron or steel leaf-spring exports totaled $15K in 2022. Overall, exports continue to indicate a dramatic decline. The smallest decline of -44.4% was in 2020.
| Export of Iron or Steel Leaf-Spring in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 13.9 | 18.6 | N/A | N/A | 33.8% |
| Haiti | 20.0 | N/A | N/A | N/A | 0% |
| Cuba | 7.3 | 7.9 | N/A | N/A | 8.2% |
| Honduras | 1.9 | N/A | N/A | N/A | 0% |
| Jamaica | 3.6 | N/A | N/A | N/A | 0% |
| Others | 7.7 | 3.7 | N/A | 15.1 | 25.2% |
| Total | 54.4 | 30.2 | N/A | 15.1 | -34.8% |
Top Export Markets for Iron or Steel Leaf-Spring from Panama in 2022:
This report provides an in-depth analysis of the market for iron or steel leaf-spring 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 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
- Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
- Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor
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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