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Report Panama - Wood Chips and Particles - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Panama - Wood Chips and Particles - Market Analysis, Forecast, Size, Trends and Insights

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Panama: Market for Wood Chips And Particles 2025

Market Size for Wood Chips And Particles in Panama

The Panamanian wood chips and particles market dropped slightly to $X in 2022, with a decrease of -3.8% against the previous year. Over the period under review, consumption showed a slight downturn. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Wood Chips And Particles in Panama

In value terms, wood chips and particles production dropped to $X in 2022 estimated in export price. In general, production recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 when the production volume increased by 42%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Wood Chips And Particles

Exports from Panama

Wood chips and particles exports from Panama stood at X cubic meters in 2018, approximately equating the previous year. Over the period under review, exports showed a abrupt downturn. The smallest decline of 99.9% was in 2014. The exports peaked at X cubic meters in 2013; however, from 2014 to 2018, the exports stood at a somewhat lower figure.

In value terms, wood chips and particles exports stood at $X in 2018. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 42%. As a result, the exports attained the peak of $X. From 2014 to 2018, the growth of the exports remained at a lower figure.

Exports by Country

Bahrain (X cubic meters) was the main destination for wood chips and particles exports from Panama, accounting for a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Bahrain was relatively modest.

From 2012 to 2018, the average annual growth rate of value to Bahrain was relatively modest.

Export Prices by Country

In 2018, the average wood chips and particles export price amounted to $X per cubic meter, standing approx. at the previous year. In general, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices hit record highs in 2018 and is likely to see gradual growth in years to come.

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

From 2012 to 2018, the rate of growth in terms of prices for Bahrain amounted to 0.0% per year.

Imports of Wood Chips And Particles

Imports into Panama

In 2022, supplies from abroad of wood chips and particles decreased by -32.1% to X cubic meters, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year. As a result, imports attained the peak of X cubic meters. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, wood chips and particles imports declined rapidly to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 29%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell sharply in the following year.

Imports by Country

In 2022, the United States (X cubic meters) constituted the largest wood chips and particles supplier to Panama, with a 68% share of total imports. Moreover, wood chips and particles imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X cubic meters), fourfold.

From 2017 to 2022, the average annual growth rate of volume from the United States stood at -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+73.0% per year) and Canada (+83.8% per year).

In value terms, the United States ($X) constituted the largest supplier of wood chips and particles to Panama, comprising 79% of total imports. The second position in the ranking was held by Canada ($X), with a 12% share of total imports.

From 2017 to 2022, the average annual growth rate of value from the United States stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+39.4% per year) and Spain (+28.3% per year).

Import Prices by Country

The average wood chips and particles import price stood at $X per cubic meter in 2022, remaining stable against the previous year. Over the last five years, it increased at an average annual rate of +5.6%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $X per cubic meter in 2021, and then declined slightly in the following year.

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 the United States ($X per cubic meter), while the price for Spain ($X per cubic meter) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for wood chips and particles 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 1619 - Wood chips and particles

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024
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Wood Chips And Particles - Panama - Report