Panama - Sleeping Bags - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Panama - Sleeping Bags - Market Analysis, Forecast, Size, Trends And Insights

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Sleeping Bag Price in Panama - 2024

Contents:

  1. Sleeping Bag Price in Panama (FOB) - 2022
  2. Sleeping Bag Price in Panama (CIF) - 2022
  3. Sleeping Bag Exports in Panama
  4. Sleeping Bag Imports in Panama

Sleeping Bag Price in Panama (FOB) - 2022

The average sleeping bag export price stood at $14 per unit in 2022, falling by -35.1% against the previous year. In general, the export price saw a perceptible decrease. The pace of growth was the most pronounced in 2020 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs at $22 per unit in 2021, and then dropped sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +7.3% per year.

Sleeping Bag Price in Panama (CIF) - 2022

In 2022, the average sleeping bag import price amounted to $26 per unit, jumping by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Free Zones ($26 per unit), while the price for China ($26 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sleeping Bag Exports in Panama

In 2022, sleeping bag exports from Panama soared to 8.3K units, picking up by 901% compared with 2021. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sleeping bag exports surged to $118K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sleeping Bag in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahamas0.1N/AN/A118956.7%
Guatemala4.95.410.4N/A45.7%
Costa Rica2.91.36.2N/A46.2%
Jamaica0.61.90.7N/A8.0%
Others5.70.80.8N/A-62.5%
Total14.19.518.2118103.0%

Top Export Markets for Sleeping Bag from Panama in 2022:

  1. Bahamas (8.3K units)

Sleeping Bag Imports in Panama

In 2022, sleeping bag imports into Panama declined markedly to 1.9K units, shrinking by -88% on the previous year's figure. Over the period under review, imports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 455% against the previous year. As a result, imports reached the peak of 16K units, and then fell dramatically in the following year.

In value terms, sleeping bag imports contracted remarkably to $50K in 2022. In general, imports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 469%. As a result, imports attained the peak of $343K, and then declined markedly in the following year.

Import of Sleeping Bag in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11452.432739.6-29.7%
United States1.80.26.78.970.4%
Free Zones57.85.08.41.8-68.5%
Bangladesh9.61.30.7N/A-73.0%
Others3.71.30.70.2-62.2%
Total18760.334350.5-35.4%

Top Suppliers of Sleeping Bag to Panama in 2022:

  1. China (1513.0 units)
  2. United States (338.0 units)
  3. Free Zones (68.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sleeping 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 13922430 - Sleeping bags

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Sleeping Bags - Panama