Panama - Erasers of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPanama: Vulcanised Rubber Erases Market 2024
Vulcanised Rubber Erases Market Size in Panama
The Panamanian vulcanised rubber erases market dropped rapidly to $X in 2023, reducing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a precipitous descent. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market failed to regain momentum.
Vulcanised Rubber Erases Exports
Exports from Panama
In 2023, shipments abroad of erasers of vulcanised rubber increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, exports, however, continue to indicate a pronounced decline. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
In value terms, vulcanised rubber erases exports shrank slightly to $X in 2023. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Guyana (X tons) was the main destination for vulcanised rubber erases exports from Panama, with a X% share of total exports. Moreover, vulcanised rubber erases exports to Guyana exceeded the volume sent to the second major destination, Barbados (X tons), more than tenfold. The third position in this ranking was held by Chile (X kg), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Guyana amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Barbados (X% per year) and Chile (X% per year).
In value terms, Guyana ($X) emerged as the key foreign market for erasers of vulcanised rubber exports from Panama, comprising X% of total exports. The second position in the ranking was held by Barbados ($X), with a X% share of total exports. It was followed by Chile, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Guyana totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Barbados (X% per year) and Chile (X% per year).
Export Prices by Country
In 2023, the average vulcanised rubber erases export price amounted to $X per ton, rising by X% against the previous year. In general, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2023 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Guyana ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Vulcanised Rubber Erases Imports
Imports into Panama
In 2023, approx. X tons of erasers of vulcanised rubber were imported into Panama; with a decrease of X% on 2022 figures. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.
In value terms, vulcanised rubber erases imports fell to $X in 2023. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, China (X tons) constituted the largest supplier of vulcanised rubber erases to Panama, with a X% share of total imports. Moreover, vulcanised rubber erases imports from China exceeded the figures recorded by the second-largest supplier, Free Zones (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Free Zones (X% per year) and the United States (X% per year).
In value terms, China ($X) constituted the largest supplier of erasers of vulcanised rubber to Panama, comprising X% of total imports. The second position in the ranking was taken by Free Zones ($X), with a X% share of total imports. It was followed by the United States, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Free Zones (X% per year) and the United States (X% per year).
Import Prices by Country
The average vulcanised rubber erases import price stood at $X per ton in 2023, shrinking by X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the vulcanised rubber erases 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 22197321 - Erasers, of vulcanised rubber
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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