Report Update: May 4, 2024

Panama - Drawn Glass And Blown Glass - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Drawn Glass and Blown Glass in Panama - 2023

Price for Drawn Glass and Blown Glass in Panama (CIF) - 2022

In 2022, the average import price for drawn glass and blown glass amounted to $22 per square meter, leveling off at the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, drawn glass and blown glass import price decreased by -18.4% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 37% against the previous year. The import price peaked at $27 per square meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guatemala ($23 per square meter), while the price for Brazil ($6.4 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drawn Glass and Blown Glass in Panama (FOB) - 2022

The average export price for drawn glass and blown glass stood at $25 per square meter in 2022, surging by 11% against the previous year. Over the period under review, the export price, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 an increase of 22%. The export price peaked at $40 per square meter in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($87 per square meter), while the average price for exports to El Salvador ($1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawn Glass and Blown Glass in Panama

For the fourth year in a row, Panama recorded growth in supplies from abroad of drawn glass and blown glass, which increased by 49% to 3.7K square meters in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 258%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, drawn glass and blown glass imports surged to $84K in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 196%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Drawn Glass and Blown Glass in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Guatemala	N/A	N/A	5.7	82.2	1342.1%
China	N/A	0.6	0.1	1.1	35.4%
Brazil	N/A	N/A	N/A	0.5	0%
Hong Kong SAR	0.2	0.6	1.7	N/A	191.5%
Dominican Republic	N/A	N/A	1.4	N/A	0%
Colombia	1.8	1.4	7.0	N/A	97.2%
Mexico	0.2	0.3	0.9	N/A	112.1%
Italy	5.2	12.5	37.0	N/A	166.7%
Saudi Arabia	0.2	3.6	2.8	N/A	274.2%
Others	0.4	0.2	0.6	0.2	-20.6%
Total	8.0	19.3	57.2	84.0	119.0%

Top Suppliers of Drawn Glass and Blown Glass to Panama in 2022:

Guatemala (3527.0 square meters)
China (119.0 square meters)
Brazil (75.0 square meters)

Exports of Drawn Glass and Blown Glass in Panama

In 2022, the amount of drawn glass and blown glass exported from Panama reached 49 square meters, growing by 2.1% against the previous year's figure. Overall, exports, however, recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The exports peaked at 180 square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, drawn glass and blown glass exports expanded significantly to $1.2K in 2022. Over the period under review, exports, however, recorded a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 55% against the previous year. The exports peaked at $4.6K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Drawn Glass and Blown Glass in Panama (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Trinidad and Tobago	991	181	276	324	-31.1%
Venezuela	532	38.0	108	110	-40.9%
Cuba	270	49.0	75.0	87.0	-31.4%
Chile	178	34.0	53.0	65.0	-28.5%
Dominican Republic	140	23.0	33.0	35.0	-37.0%
Honduras	64.0	20.0	26.0	26.0	-25.9%
Colombia	132	18.0	21.0	19.0	-47.6%
Guatemala	306	11.0	20.0	14.0	-64.2%
Jamaica	68.0	4.0	1.0	7.0	-53.1%
Brazil	2.0	1.0	1.0	1.0	-20.6%
Belize	6.0	1.0	1.0	1.0	-45.0%
El Salvador	3.0	1.0	1.0	1.0	-30.7%
Costa Rica	5.0	1.0	1.0	1.0	-41.5%
Others	1,920	312	456	524	-35.1%
Total	4,617	694	1,073	1,215	-35.9%

Top Export Markets for Drawn Glass and Blown Glass from Panama in 2022:

Trinidad and Tobago (26.0 square meters)
Chile (4.0 square meters)
Venezuela (4.0 square meters)
Dominican Republic (2.0 square meters)
Brazil (1.0 square meters)
Jamaica (1.0 square meters)
Honduras (1.0 square meters)
Colombia (1.0 square meters)
Cuba (1.0 square meters)
El Salvador (1.0 square meters)
Costa Rica (1.0 square meters)
Guatemala (1.0 square meters)
Belize (1.0 square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for drawn glass and blown glass 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 23111150 - Sheets, of drawn glass or blown glass, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023