Panama: Paper Hand Towels Market 2025

Paper Hand Towels Market Size in Panama

The Panamanian paper hand towels market contracted to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, continues to indicate a measured expansion. Paper hand towels consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Paper Hand Towels Production in Panama

In value terms, paper hand towels production fell to $X in 2022 estimated in export price. Overall, production saw a abrupt contraction. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Paper Hand Towels Exports

Exports from Panama

In 2022, shipments abroad of paper hand towels decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, paper hand towels exports plummeted to $X in 2022. Overall, exports, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) and Costa Rica (X tons) were the main destinations of paper hand towels exports from Panama.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%).

In value terms, the United States ($X) and Costa Rica ($X) were the largest markets for paper hand towels exported from Panama worldwide.

The United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average paper hand towels export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (X%), while the prices for the other major destinations experienced a decline.

Paper Hand Towels Imports

Imports into Panama

In 2022, approx. X tons of paper hand towels were imported into Panama; waning by X% compared with 2021 figures. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then dropped markedly in the following year.

In value terms, paper hand towels imports shrank to $X in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Colombia (X tons), Guatemala (X tons) and China (X tons) were the main suppliers of paper hand towels imports to Panama, together accounting for X% of total imports. Mexico, Costa Rica, Turkey, the United States and El Salvador lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for El Salvador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) constituted the largest supplier of paper hand towels to Panama, comprising X% of total imports. The second position in the ranking was held by Guatemala ($X), with an X% share of total imports. It was followed by Mexico, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Colombia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (X% per year) and Mexico (X% per year).

Import Prices by Country

In 2022, the average paper hand towels import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, showed a slight reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Guatemala ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform