
Panama - Articles of Asbestos-Cement, Cellulose Fiber-Cement or the Like - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPanama: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2025
Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Panama
In 2022, the Panamanian articles of fiber cement market increased by 18% to $X, rising for the fourth year in a row after five years of decline. Over the period under review, consumption, however, saw a abrupt setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.
Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Panama
In value terms, articles of fiber cement production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep downturn. The growth pace was the most rapid in 2020 with an increase of 176%. Articles of fiber cement production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.
Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like
Exports from Panama
In 2022, overseas shipments of articles of asbestos-cement, cellulose fiber-cement or the like increased by 48% to X tons, rising for the third consecutive year after two years of decline. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2017 with an increase of 291%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, articles of fiber cement exports stood at $X in 2022. Over the period under review, exports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of 115%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Cuba (X tons) was the main destination for articles of fiber cement exports from Panama, accounting for a 55% share of total exports. Moreover, articles of fiber cement exports to Cuba exceeded the volume sent to the second major destination, Honduras (X tons), fourfold. The third position in this ranking was held by Guatemala (X tons), with a 7% share.
From 2012 to 2022, the average annual growth rate of volume to Cuba stood at +92.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+66.4% per year) and Guatemala (+43.3% per year).
In value terms, Cuba ($X), Guatemala ($X) and Venezuela ($X) constituted the largest markets for articles of fiber cement exported from Panama worldwide, with a combined 50% share of total exports.
Cuba, with a CAGR of +39.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the average articles of fiber cement export price amounted to $X per ton, which is down by -31.8% against the previous year. Overall, the export price continues to indicate a dramatic descent. The growth pace was the most rapid in 2014 an increase of 37% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($X per ton), while the average price for exports to Honduras ($X 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 Jamaica (-16.9%), while the prices for the other major destinations experienced a decline.
Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like
Imports into Panama
In 2022, purchases abroad of articles of asbestos-cement, cellulose fiber-cement or the like increased by 9.8% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 1,937%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, articles of fiber cement imports expanded remarkably to $X in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2017 with an increase of 603% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
Imports by Country
In 2022, Colombia (X tons) constituted the largest supplier of articles of fiber cement to Panama, accounting for a 64% share of total imports. Moreover, articles of fiber cement imports from Colombia exceeded the figures recorded by the second-largest supplier, Costa Rica (X tons), twofold.
From 2012 to 2022, the average annual rate of growth in terms of volume from Colombia stood at +41.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+50.9% per year) and China (+12.9% per year).
In value terms, Colombia ($X), Costa Rica ($X) and China ($X) constituted the largest articles of fiber cement suppliers to Panama, with a combined 92% share of total imports.
Among the main suppliers, Costa Rica, with a CAGR of +31.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average articles of fiber cement import price amounted to $X per ton, surging by 3.7% against the previous year. In general, the import price, however, recorded a abrupt slump. The growth pace was the most rapid in 2013 an increase of 91%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for articles of fiber cement 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 23651220 - Articles of asbestos-cement, of cellulose fibre-cement or similar mixtures of fibres (asbestos, cellulose or other vegetable fibres, synthetic polymer, glass or metallic fibres, e tc.) and cement or other hydraulic binders, containing
- Prodcom 23651240 - Sheets, panels, tiles and similar articles, of cellulose fibrecement or similar mixtures of fibres (cellulose or other vegetable fibres, synthetic polymer, glass or metallic fibres, e tc.) and cement or other hydraulic binders, not containing
- Prodcom 23651270 - Articles of cellulose fibre-cement or the like, not containing asbestos (excluding corrugated and other sheets, panels, p aving, tiles and similar articles)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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