Panama - Condoms (Sheath Contraceptives) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCondom Price in Panama - 2023
Contents:
- Condom Price in Panama (CIF) - 2022
- Condom Price in Panama (FOB) - 2022
- Condom Imports in Panama
- Condom Exports in Panama
Condom Price in Panama (CIF) - 2022
In 2022, the average condom import price amounted to $21 per thousand units, reducing by -12.3% against the previous year. In general, the import price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 94% against the previous year. Over the period under review, average import prices reached the maximum at $24 per thousand units in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($55 per thousand units), while the price for Japan ($5.9 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+33.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Condom Price in Panama (FOB) - 2022
In 2022, the average condom export price amounted to $20 per thousand units, rising by 6.9% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, condom export price decreased by -18.4% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 94%. As a result, the export price attained the peak level of $32 per thousand units. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cuba ($24 per thousand units) and Uruguay ($22 per thousand units), while the average price for exports to the Dominican Republic ($18 per thousand units) and Colombia ($18 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Condom Imports in Panama
In 2022, approx. 114M units of condoms (sheath contraceptives) were imported into Panama; growing by 115% on the previous year's figure. Overall, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, condom imports soared to $2.4M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Condom in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 14.4 | 203 | 644 | 877 | 293.4% |
| Malaysia | 399 | 463 | 333 | 454 | 4.4% |
| United States | 220 | 1,009 | 89.9 | 430 | 25.0% |
| Thailand | 877 | 137 | 4.2 | 323 | -28.3% |
| Japan | 83.9 | 88.6 | 67.7 | 92.3 | 3.2% |
| China | 50.7 | 174 | 7.2 | 74.4 | 13.6% |
| Belgium | 92.0 | 53.6 | 20.7 | 55.4 | -15.6% |
| Others | 83.2 | 77.7 | 97.1 | 72.2 | -4.6% |
| Total | 1,820 | 2,206 | 1,264 | 2,379 | 9.3% |
Top Suppliers of Condom to Panama in 2022:
- Thailand (25.9M units)
- United States (25.2M units)
- Malaysia (17.8M units)
- Free Zones (16.1M units)
- Japan (15.5M units)
- China (5.9M units)
- Belgium (2.8M units)
Condom Exports in Panama
In 2022, shipments abroad of condoms (sheath contraceptives) decreased by -6.4% to 688K units, falling for the second consecutive year after two years of growth. Overall, exports saw a sharp slump. The pace of growth was the most pronounced in 2020 when exports increased by 160% against the previous year. As a result, the exports attained the peak of 59M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, condom exports stood at $14K in 2022. Over the period under review, exports faced a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 164% against the previous year. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Condom in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 108 | 204 | 5.8 | 5.6 | -62.7% |
| Uruguay | 140 | 69.5 | 2.7 | 2.7 | -73.2% |
| Cuba | 140 | 14.8 | 1.7 | 1.9 | -76.1% |
| Colombia | 7.3 | 59.1 | 1.7 | 1.6 | -39.7% |
| Ecuador | 17.9 | 32.6 | N/A | N/A | 82.1% |
| Paraguay | N/A | 31.7 | N/A | N/A | 0% |
| Chile | N/A | 120 | N/A | N/A | 0% |
| United States | N/A | 560 | N/A | N/A | 0% |
| Free Zones | N/A | 72.3 | N/A | N/A | 0% |
| Peru | 80.5 | 97.7 | N/A | N/A | 21.4% |
| Others | 46.5 | 165 | 1.7 | 1.6 | -67.5% |
| Total | 540 | 1,427 | 13.5 | 13.5 | -70.8% |
Top Export Markets for Condom from Panama in 2022:
- Dominican Republic (319.9K units)
- Uruguay (123.7K units)
- Colombia (92.8K units)
- Cuba (81.4K units)
This report provides an in-depth analysis of the condom 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 22197120 - Sheath contraceptives
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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