Panama: Prepared Birds Skin Market 2025

Prepared Birds Skin Market Size in Panama

The Panamanian prepared birds skin market amounted to $X in 2022, almost unchanged from the previous year. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -11.5% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Prepared Birds Skin Production in Panama

In value terms, prepared birds skin production fell to $X in 2022 estimated in export price. Overall, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.4% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 91%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Prepared Birds Skin Exports

Exports from Panama

In 2022, exports of prepared skins of birds from Panama surged to X kg, increasing by 837% on 2021. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, prepared birds skin exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a mild slump. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Jamaica (X kg), Colombia (X kg) and Guyana (X kg) were the main destinations of prepared birds skin exports from Panama, together comprising 69% of total exports.

From 2012 to 2022, the biggest increases were recorded for Jamaica (with a CAGR of +45.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the Dominican Republic ($X), Guyana ($X) and Jamaica ($X) constituted the largest markets for prepared birds skin exported from Panama worldwide, together accounting for 51% of total exports.

Jamaica, with a CAGR of +37.5%, saw the highest growth rate of 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 prepared birds skin export price amounted to $X per ton, growing by 45% against the previous year. Over the period under review, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 168%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Jamaica ($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 the United States (+57.5%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Birds Skin Imports

Imports into Panama

Prepared birds skin imports into Panama soared to X tons in 2022, rising by 26% against the previous year. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 16,655%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared birds skin imports reduced dramatically to $X in 2022. In general, imports saw a remarkable increase. The growth pace was the most rapid in 2017 when imports increased by 12,267% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest prepared birds skin supplier to Panama, with a 66% share of total imports. Moreover, prepared birds skin imports from China exceeded the figures recorded by the second-largest supplier, Free Zones (X kg), twofold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +34.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Free Zones (+32.0% per year) and the United States (-0.2% per year).

In value terms, China ($X) constituted the largest supplier of prepared skins of birds to Panama, comprising 73% of total imports. The second position in the ranking was held by Free Zones ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Free Zones (+37.8% per year) and the United States (-20.8% per year).

Import Prices by Country

The average prepared birds skin import price stood at $X per ton in 2022, dropping by -44.9% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 109%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average 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 ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+191.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform