Prepared Sheep Leather Price in Panama - 2022

Contents:

1. Prepared Sheep Leather Price in Panama (FOB) - 2022
2. Prepared Sheep Leather Price in Panama (CIF) - 2022
3. Prepared Sheep Leather Exports in Panama
4. Prepared Sheep Leather Imports in Panama

Prepared Sheep Leather Price in Panama (FOB) - 2022

In 2022, the average prepared sheep leather export price amounted to $4.5 per square meter, growing by 1.6% against the previous year. Over the period under review, the export price, however, saw a deep setback. The export price peaked at $17 per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -12.6% per year.

Prepared Sheep Leather Price in Panama (CIF) - 2022

In 2022, the average prepared sheep leather import price amounted to $5.7 per square meter, leveling off at the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 24%. The import price peaked at $9.9 per square meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($6.2 per square meter), while the price for Colombia totaled $5.1 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Prepared Sheep Leather Exports in Panama

In 2022, after three years of growth, there was decline in overseas shipments of sheep or lamb skin leather, prepared, when their volume decreased by -3.3% to 7K square meters. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 7.2%. As a result, the exports attained the peak of 7.2K square meters, and then reduced slightly in the following year.

In value terms, prepared sheep leather exports reduced to $31K in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 3.7% against the previous year. The exports peaked at $32K in 2021, and then shrank in the following year.

Top Export Markets for Prepared Sheep Leather from Panama in 2022:

1. Costa Rica (7.0K square meters)

Prepared Sheep Leather Imports in Panama

In 2022, supplies from abroad of sheep or lamb skin leather, prepared increased by 7% to 4.4K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt shrinkage. Over the period under review, imports hit record highs at 5.3K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, prepared sheep leather imports rose remarkably to $25K in 2022. In general, imports, however, saw a perceptible curtailment. Imports peaked at $29K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Prepared Sheep Leather to Panama in 2022:

1. Italy (2.4K square meters)
2. Colombia (2.0K square meters)

Source: IndexBox Market Intelligence Platform