Panama - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama (CIF) - 2023
In September 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $2,068 per ton, waning by -9.1% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 22% m-o-m. As a result, import price attained the peak level of $2,341 per ton. From March 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($3,437 per ton), while the price for Colombia ($580 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $1,781 per ton, with a decrease of -19% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 9.5%. The export price peaked at $9,743 per ton in 2013; however, from 2014 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 Free Zones ($2,370 per ton), while the average price for exports to El Salvador ($1,328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama
In 2022, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium into Panama reduced to 13K tons, shrinking by -6.7% on the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of 14K tons, and then dropped in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $27M in 2022. Overall, imports, however, posted a strong increase. The growth pace was the most rapid in 2021 when imports increased by 94%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 5.2 | 4.9 | 13.2 | 12.8 | 35.0% |
| United States | 3.0 | 2.3 | 3.9 | 4.5 | 14.5% |
| El Salvador | 2.6 | 2.2 | 4.4 | 4.3 | 18.3% |
| Nicaragua | 1.6 | 0.6 | 1.8 | 1.7 | 2.0% |
| Colombia | 0.5 | 0.4 | 0.9 | 1.4 | 40.9% |
| Italy | 0.3 | 0.1 | 0.2 | 0.6 | 26.0% |
| Mexico | 4.3 | 0.8 | 0.2 | 0.5 | -51.2% |
| Turkey | 1.6 | 0.7 | N/A | N/A | -56.3% |
| Others | 1.1 | 1.1 | 0.7 | 1.6 | 13.3% |
| Total | 20.2 | 13.0 | 25.3 | 27.4 | 10.7% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium to Panama in 2022:
- Costa Rica (6.0K tons)
- El Salvador (1.9K tons)
- Colombia (1.8K tons)
- United States (1.5K tons)
- Nicaragua (1.0K tons)
- Italy (0.3K tons)
- Mexico (0.3K tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama
In 2022, overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium decreased by -39.8% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. As a result, the exports reached the peak of 2.5K tons, and then reduced dramatically in the following year.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium declined markedly to $2.7M in 2022. In general, exports recorded a noticeable slump. The growth pace was the most rapid in 2021 when exports increased by 56% against the previous year. As a result, the exports reached the peak of $5.6M, and then shrank rapidly in the following year.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | 8.6 | 471 | 949 | 950.5% |
| Guatemala | N/A | 108 | 1,565 | 475 | 109.7% |
| El Salvador | 0.2 | 461 | 1,334 | 367 | 1124.3% |
| Free Zones | N/A | 4.6 | 145 | 253 | 641.6% |
| Trinidad and Tobago | 2.3 | N/A | N/A | 147 | 299.8% |
| Nicaragua | 6.4 | 11.1 | 313 | 144 | 182.3% |
| Colombia | N/A | 0.1 | N/A | 136 | 3587.8% |
| Costa Rica | 5.5 | 128 | 805 | 119 | 178.7% |
| Venezuela | 182 | 22.3 | N/A | N/A | -87.7% |
| Others | 2,827 | 2,837 | 970 | 141 | -63.2% |
| Total | 3,023 | 3,581 | 5,604 | 2,730 | -3.3% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium from Panama in 2022:
- Mexico (435.1 tons)
- Guatemala (301.9 tons)
- El Salvador (276.6 tons)
- Free Zones (106.6 tons)
- Trinidad and Tobago (98.7 tons)
- Colombia (96.7 tons)
- Nicaragua (74.0 tons)
- Costa Rica (72.0 tons)
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium 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 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
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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This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Panama.
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This report provides an in-depth analysis of the paint and varnish market in Panama.
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
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Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
3039
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
