Panama: Sanitary Alluminium Ware Market 2025

Sanitary Alluminium Ware Market Size in Panama

In 2022, the Panamanian sanitary alluminium ware market decreased by X% to $X, falling for the second year in a row after four years of growth. Overall, consumption, however, posted a remarkable increase. Sanitary alluminium ware consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Sanitary Alluminium Ware Production in Panama

In value terms, sanitary alluminium ware production surged to $X in 2022 estimated in export price. Over the period under review, production showed notable growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Sanitary Alluminium Ware Exports

Exports from Panama

In 2022, overseas shipments of sanitary ware and parts of aluminium decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, sanitary alluminium ware exports amounted to $X in 2022. In general, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Venezuela (X tons), Colombia (X tons) and Cuba (X tons) were the main destinations of sanitary alluminium ware exports from Panama, with a combined X% share of total exports. Costa Rica, Guatemala, Honduras, Peru, Nicaragua, the Dominican Republic, Trinidad and Tobago, El Salvador, Chile and Paraguay lagged somewhat behind, together comprising a further X%.

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

In value terms, Venezuela ($X), Colombia ($X) and Cuba ($X) were the largest markets for sanitary alluminium ware exported from Panama worldwide, with a combined X% share of total exports. Costa Rica, Guatemala, Honduras, Peru, Nicaragua, the Dominican Republic, Trinidad and Tobago, El Salvador, Chile and Paraguay lagged somewhat behind, together comprising a further X%.

Peru, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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 sanitary alluminium ware export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Dominican Republic ($X per ton) and Costa Rica ($X per ton), while the average price for exports to Chile ($X per ton) and Paraguay ($X per ton) were amongst the lowest.

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

Sanitary Alluminium Ware Imports

Imports into Panama

For the third consecutive year, Panama recorded decline in purchases abroad of sanitary ware and parts of aluminium, which decreased by X% to X tons in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sanitary alluminium ware imports plummeted to $X in 2022. In general, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Free Zones (X tons) and the United States (X tons) were the main suppliers of sanitary alluminium ware imports to Panama, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Free Zones (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sanitary alluminium ware suppliers to Panama were China ($X), Free Zones ($X) and the United States ($X), together accounting for X% of total imports.

Among the main suppliers, Free Zones, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sanitary alluminium ware import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 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 Turkey ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform