Report Update Nov 1, 2024

Panama - Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Panama: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Panama

The Panamanian coniferous roundwood market declined remarkably to $X in 2022, with a decrease of -53.2% against the previous year. Over the period under review, consumption, however, saw a pronounced increase. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Coniferous Roundwood Production in Panama

In value terms, coniferous roundwood production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 798%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Coniferous Roundwood Exports

Exports from Panama

In 2022, approx. X cubic meters of roundwood (coniferous) were exported from Panama; remaining relatively unchanged against the year before. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2017. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, coniferous roundwood exports stood at $X in 2022. Over the period under review, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2017. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China (X cubic meters) was the main destination for coniferous roundwood exports from Panama, accounting for a 95% share of total exports. Moreover, coniferous roundwood exports to China exceeded the volume sent to the second major destination, Malaysia (X cubic meters), more than tenfold.

From 2016 to 2022, the average annual rate of growth in terms of volume to China was relatively modest.

From 2016 to 2022, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

In 2022, the average coniferous roundwood export price amounted to $X per cubic meter, approximately equating the previous year. In general, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2017 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum at $X per cubic meter in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to Malaysia amounted to $X per cubic meter.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Coniferous Roundwood Imports

Imports into Panama

After two years of decline, purchases abroad of roundwood (coniferous) decreased by -99.6% to X cubic meters in 2022. In general, imports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2014 when imports increased by 174% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, coniferous roundwood imports contracted markedly to $X in 2022. Over the period under review, imports recorded a significant contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 165% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Colombia (X cubic meters) was the main supplier of coniferous roundwood to Panama, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Colombia totaled +1.2%.

In value terms, Colombia ($X) constituted the largest supplier of roundwood (coniferous) to Panama.

From 2012 to 2022, the average annual growth rate of value from Colombia stood at -7.0%.

Import Prices by Country

The average coniferous roundwood import price stood at $X per cubic meter in 2022, rising by 651% against the previous year. Overall, the import price saw resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +171.7% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the coniferous roundwood 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:

FCL 1862 -

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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