Report Update Nov 1, 2024

Panama - Styrene-Acrylonitrile (San) Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Panama: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in Panama

The Panamanian styrene-acrylonitrile copolymers market stood at $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Styrene-acrylonitrile copolymers consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Styrene-Acrylonitrile Copolymers Production in Panama

In value terms, styrene-acrylonitrile copolymers production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 24%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Styrene-Acrylonitrile Copolymers Exports

Exports from Panama

In 2019, styrene-acrylonitrile copolymers exports from Panama amounted to X tons, therefore, remained relatively stable against 2018. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 64%. As a result, the exports reached the peak of X tons. From 2016 to 2019, the growth of the exports remained at a lower figure.

In value terms, styrene-acrylonitrile copolymers exports totaled $X in 2019. In general, exports continue to indicate a abrupt shrinkage. The smallest decline of -28% was in 2015. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2019, the exports remained at a lower figure.

Exports by Country

Honduras (X tons) was the main destination for styrene-acrylonitrile copolymers exports from Panama, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Honduras was relatively modest.

From 2012 to 2019, the average annual growth rate of value to Honduras was relatively modest.

Export Prices by Country

The average styrene-acrylonitrile copolymers export price stood at $X per ton in 2019, approximately reflecting the previous year. In general, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2015 when the average export price decreased by -56.2% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2019, the rate of growth in terms of prices for Guatemala amounted to 0.0% per year.

Styrene-Acrylonitrile Copolymers Imports

Imports into Panama

In 2022, after four years of decline, there was significant growth in purchases abroad of styrene-acrylonitrile (san) copolymers in primary forms, when their volume increased by 6.1% to X tons. In general, imports saw a remarkable increase. The growth pace was the most rapid in 2017 when imports increased by 763%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, styrene-acrylonitrile copolymers imports declined to $X in 2022. Overall, imports recorded a strong increase. The growth pace was the most rapid in 2017 with an increase of 796%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X tons) and the United States (X kg) were the main suppliers of styrene-acrylonitrile copolymers imports to Panama.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +44.9%).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of styrene-acrylonitrile (san) copolymers in primary forms to Panama, comprising 77% of total imports. The second position in the ranking was taken by the United States ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Taiwan (Chinese) amounted to +21.5%.

Import Prices by Country

In 2022, the average styrene-acrylonitrile copolymers import price amounted to $X per ton, with a decrease of -17.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 48%. As a result, import price reached the peak level of $X per ton, and then fell sharply in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.5%).

Source: IndexBox Platform

This report provides an in-depth analysis of the styrene-acrylonitrile copolymers 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:

Prodcom 20162050 - Styrene-acrylonitrile (SAN) copolymers, in primary forms

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