Panama - Sacks And Bags Of Paper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaper Bag Price in Panama - 2023
Contents:
- Paper Bag Price in Panama (CIF) - 2023
- Paper Bag Price in Panama (FOB) - 2023
- Paper Bag Imports in Panama
- Paper Bag Exports in Panama
Paper Bag Price in Panama (CIF) - 2023
The average paper bag import price stood at $1,708 per ton in November 2023, dropping by -1.9% against the previous month. Over the period under review, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 10% against the previous month. The import price peaked at $2,262 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was El Salvador ($18,634 per ton), while the price for Guatemala ($889 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Brazil (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Paper Bag Price in Panama (FOB) - 2023
In November 2023, the average paper bag export price amounted to $1,463 per ton, declining by -6.3% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 323% against the previous month. Over the period under review, the average export prices hit record highs at $1,625 per ton in January 2023; however, from February 2023 to November 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In November 2023, the highest price was recorded for prices to Free Zones ($1,491 per ton) and Costa Rica ($1,483 per ton), while the average price for exports to Suriname ($1,250 per ton) and the United States ($1,460 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Paper Bag Imports in Panama
In 2022, approx. 36K tons of sacks and bags of paper were imported into Panama; dropping by -20% against the previous year's figure. Overall, imports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. As a result, imports reached the peak of 45K tons, and then shrank remarkably in the following year.
In value terms, paper bag imports stood at $73M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Paper Bag in Panama (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 16.3 | 19.9 | 25.8 | 19.8 | 6.7% |
Costa Rica | 7.7 | 7.9 | 11.6 | 15.0 | 24.9% |
Mexico | 7.5 | 5.0 | 6.6 | 7.0 | -2.3% |
Brazil | 0.6 | 0.5 | 1.2 | 5.6 | 110.5% |
El Salvador | 7.5 | 5.4 | 6.8 | 5.4 | -10.4% |
China | 6.8 | 4.1 | 4.2 | 4.6 | -12.2% |
United States | 3.9 | 2.0 | 2.6 | 2.9 | -9.4% |
Colombia | 2.6 | 1.1 | 1.4 | 2.7 | 1.3% |
Honduras | 5.9 | 0.1 | N/A | N/A | -98.3% |
Others | 7.1 | 8.1 | 8.9 | 9.9 | 11.7% |
Total | 66.0 | 54.1 | 69.2 | 72.7 | 3.3% |
Top Suppliers of Paper Bag to Panama in 2022:
- Guatemala (14.5K tons)
- Costa Rica (7.0K tons)
- Mexico (3.6K tons)
- Brazil (2.4K tons)
- El Salvador (2.0K tons)
- China (1.3K tons)
- Colombia (1.2K tons)
- United States (0.8K tons)
Paper Bag Exports in Panama
In 2022, shipments abroad of sacks and bags of paper was finally on the rise to reach 2.8K tons after two years of decline. Overall, exports, however, faced a abrupt shrinkage.
In value terms, paper bag exports skyrocketed to $4.1M in 2022. In general, exports, however, faced a sharp reduction.
Export of Paper Bag in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 822 | 1,330 | 467 | 1,292 | 16.3% |
Costa Rica | 358 | 282 | 56.0 | 811 | 31.3% |
Suriname | 1,705 | 698 | 883 | 663 | -27.0% |
Venezuela | 1,687 | 683 | 351 | 636 | -27.8% |
United States | 412 | 485 | 319 | 426 | 1.1% |
Nicaragua | 565 | 220 | 90.4 | 64.1 | -51.6% |
Jamaica | 267 | 110 | 9.3 | 51.1 | -42.4% |
Others | 3,885 | 2,300 | 78.3 | 113 | -69.2% |
Total | 9,702 | 6,107 | 2,254 | 4,057 | -25.2% |
Top Export Markets for Paper Bag from Panama in 2022:
- Free Zones (885.2 tons)
- Costa Rica (565.6 tons)
- Suriname (510.0 tons)
- Venezuela (453.7 tons)
- United States (288.8 tons)
- Nicaragua (43.5 tons)
- Jamaica (20.4 tons)
This report provides an in-depth analysis of the paper bag 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 17211230 - Sacks and bags, with a base width . .40 cm, of paper, p aperboard, cellulose wadding or webs of cellulose fibres
- Prodcom 17211250 - Sacks and bags of paper, paperboard, cellulose wadding or webs of cellulose fibres (excluding those with a base width. .40 cm)
- Prodcom 17211300 - Cartons, boxes and cases, of corrugated paper or paperboard
- Prodcom 17211400 - Folding cartons, boxes and cases of non-corrugated paper or paperboard
- Prodcom 17211530 - Other packaging containers, including record sleeves, n.e.c.
- Prodcom 17211550 - Box files, letter trays, storage boxes and similar articles of paper or paperboard of a kind used in offices, shops or the like
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
This report provides an in-depth analysis of the paper bag market in Panama.
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This report provides an in-depth analysis of the global paper bag market.
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This report provides an in-depth analysis of the global non-corrugated paper box market.
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